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 offers long-term ownership security and value appreciation
- Air Itam location provides established neighbourhood with good amenities
- Competitive pricing at RM695,000 for Penang condominium market
- Malton Berhad developer brings established track record and credibility
- Strong rental potential in popular tourist and residential area
The honest verdict
Pricing & Value
Entry price of RM695,000 is competitive for a freehold condominium in Penang, offering reasonable value for first-time buyers and investors seeking affordability, though final unit pricing and built-up area specifications require verification for precise cost-per-square-foot assessment.
Location & Connectivity
Air Itam provides established residential connectivity with access to local amenities and main roads, though the absence of nearby MRT stations limits public transport convenience compared to more centrally-located Penang developments, potentially affecting long-term rental and resale appeal.
Risk & Timing
The absence of a specified completion date presents scheduling and possession uncertainty, which is a material concern for purchasers; additionally, Malton Berhad's track record and project financing should be verified to assess developer credibility and construction delivery risk.
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- Market price analysis — is it fairly priced?
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- Area income profile (DOSM)
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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
- ✓Freehold tenure offers long-term ownership security and value appreciation
- ✓Air Itam location provides established neighbourhood with good amenities
- ✓Competitive pricing at RM695,000 for Penang condominium market
- ✓Malton Berhad developer brings established track record and credibility
- ✓Strong rental potential in popular tourist and residential area
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
7.8x 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
Can I afford this?
Estimate only — actual bank approval depends on your credit profile and existing commitments.
Est. monthly repayment
RM 2,845/mo
Based on 10% down, 35yr tenure at 4.2% p.a.
Minimum gross monthly income typically needed
RM 4,742/mo
Assumes no other debts, at a comfortable 60% DSR. Banks allow up to ~70% — existing car/personal loans lower how much you qualify for.
Check with your real income →Estimated cash needed upfront
Part of your down payment and stamp duty can often be covered using EPF Account 2 savings (subject to eligibility and withdrawal limits).
Full stamp duty & legal fee breakdown →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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