From
RM695k
Price From
RM695k
Built-Up
1,172 sqft
Price Insights
Developer Asking Price
RM593/sqft
Based on RM695k ÷ 1,172 sqft
Penang Market Range
RM400–700/sqft
Q3 2025 median (high-rise residential)
Based on Air Itam, Penang market data, similar properties transact at RM400–RM700 psf. This project is priced within the market range for the area.
Tuan Pavilion, Condominium @ Air Itam, Penang Review — Worth Buying?
NP Score
7.5/10
Worth Considering
Asking PSF
RM593
per sqft
The case for buying
- Freehold tenure ensures long-term ownership and asset appreciation potential
- Air Itam location offers established neighbourhood with local amenities
- Competitive RM695,000 price point for Penang condominium investment
- Malton Berhad developer brings credibility and quality construction standards
- Strategic Penang location supports rental yield and capital growth
The honest verdict
Value & Pricing
At RM695,000 entry price with freehold tenure, the project offers competitive positioning for Penang's mid-range residential segment, though without specified completion timeline, long-term value appreciation cannot be reliably assessed against comparable developments.
Location & Connectivity
Air Itam provides established residential character with proximity to amenities, but the absence of MRT connectivity limits appeal for commuters; reliance on road-based transport may constrain buyer demographics and future rental demand compared to MRT-served locations.
Risk & Timing
The lack of disclosed completion date presents material uncertainty for purchasers regarding occupancy timelines and completion risk; this transparency gap warrants clarification from Malton Berhad before investment commitment, particularly in the current Malaysian property market environment.
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Project Details
Property Type
Condominium
Land Tenure
Freehold
Construction Status
New Launch
Bumi Discount
Not Available
Tuan Pavilion, Condominium @ Air Itam, Penang Video Tour
Watch a video tour of Tuan Pavilion, Condominium @ Air Itam, Penang in Air Itam, Penang. Condominium by Malton Berhad.
Video sourced from YouTube. Not affiliated with the developer.
More videos →Why Consider Tuan Pavilion, Condominium @ Air Itam, Penang?
Based on location data and market analysis
- ✓Located in Air Itam, Penang
- ✓Freehold title property
- ✓By Malton Berhad — verified developer on NewProjek
- ✓Condominium development
Investment Snapshot
Based on verified transaction data for Penang
Est. Monthly Rental
RM2,500–3,300
Based on similar properties in Penang
Gross Rental Yield
4.5%–5.5%
Annual rental / property price
Airbnb Estimate
RM4,200/mo
RM185/night × 76% occupancy · 7.3% gross yield
Area Price Trend
+10.6%
Verified sold prices 2021–2025
Price-to-Income
8.9x income
Lower = more affordable (avg 6.8x)
Estimates based on verified transaction data for similar properties in Penang (2021–2025). Not financial advice.
See full area analysis →Check subsale transaction history in Air Itam
Browse real verified transaction prices for nearby properties
What's Nearby
To see estimated commute time
Powered by Google Maps · Walking times are estimates only
Mortgage Calculator
Est. monthly repayment
RM 3,169/mo
Based on 10% down, 30yr tenure at 4.5% p.a.
Upfront costs
Frequently Asked Questions
What is the price of Tuan Pavilion, Condominium @ Air Itam, Penang?▼
Tuan Pavilion, Condominium @ Air Itam, Penang starts from RM695k. Contact the developer directly on NewProjek for the latest pricing.
Where is Tuan Pavilion, Condominium @ Air Itam, Penang located?▼
Tuan Pavilion, Condominium @ Air Itam, Penang is located in Air Itam, Penang, Malaysia.
Who is the developer of Tuan Pavilion, Condominium @ Air Itam, Penang?▼
Tuan Pavilion, Condominium @ Air Itam, Penang is developed by Malton Berhad. They are a verified developer on NewProjek.
What type of property is Tuan Pavilion, Condominium @ Air Itam, Penang?▼
Tuan Pavilion, Condominium @ Air Itam, Penang is a Condominium development with Freehold tenure.
What is the construction status of Tuan Pavilion, Condominium @ Air Itam, Penang?▼
Tuan Pavilion, Condominium @ Air Itam, Penang is currently New Launch.
Berapa harga Tuan Pavilion, Condominium @ Air Itam, Penang?▼
Tuan Pavilion, Condominium @ Air Itam, Penang dijual bermula dari RM695k. Hubungi pemaju terus melalui NewProjek untuk senarai harga terkini.
Interested in Tuan Pavilion, Condominium @ Air Itam, Penang?
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Malton Berhad
Malton Berhad is a Bursa Malaysia-listed property developer with residential, commercial and township developments across the Klang Valley, including the V Residence Suites and Pavilion-linked projects.
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View all projects by Malton Berhad →Verified Transaction Data
What do units here actually sell for?
Real stamped SPA prices — not asking prices. From RM69.90.
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