penangproperty

Penang Island

Bukit Gambier

USM-anchored hillside pocket with the island's cheapest freehold entry

Best forUSM rental investorscheapest freehold island entrybudget own-stay on Penang Island

Condo PSF

RM 480–776

Avg Yield

4.5%

Avg Rent (condo)

RM 1,800

Active projects

1

What is the average PSF in Bukit Gambier in 2026?

The average condo PSF in Bukit Gambier is roughly RM480–776 as of 2026, based on NAPIC/Brickz-checked benchmarks for the area.

  • Condo PSF rangeRM 480–776
  • Gross rental yield4.5%
  • Avg. condo rentRM 1,800/mo

Character

A hillside pocket in mid-Penang Island along Jalan Bukit Gambier, sitting behind the USM campus between Gelugor and Ayer Itam. Not a coastal address and no sea-view premium, which is precisely why the PSF is among the lowest for freehold on the island. Access is via winding hillside road, and the difference between a unit near the bottom and one near the top is real.

✅ Pros

  • Among the lowest freehold PSF on Penang Island — Arte S asks RM480–776 psf
  • Every tracked project is freehold
  • USM next door provides non-cyclical academic and postgraduate rental demand
  • Queensbay Mall roughly ten minutes down the hill

⚠️ Cons

  • Hillside access via winding road — slower in rain, and floor-to-floor position matters
  • No sea view and no coastal premium
  • Student-adjacent tenancies turn over faster and wear units harder than corporate lets
  • Density climbing sharply — roughly 2,760 units arriving in one pocket by 2030
  • Most stock sits below the RM1,000,000 foreign-buyer threshold

Every project in Bukit Gambier, priced

All 4 tracked projects — 1 selling, 2 trading sub-sale. Rendered from our project records, so a correction updates this table everywhere it appears.

1 of 4 tracked projects are currently selling, alongside 2 trading sub-sale.

Selling now

ProjectPricePSFTenureLand titleBuiltStatus
Pinnacle Bukit GambierRM589K–RM1.71M546Freeholdconfirm2030selling

Sub-sale — 2 projects

ProjectPricePSFTenureLand titleBuiltStatus
Arte SRM458K–RM1M480–776FreeholdCommercial2018sub-sale
Starhill Luxury ResidenceRM962K650FreeholdResidential2015sub-sale

Price bands

Under RM700K2
RM700K–1M1
RM1–2M0
RM2M+0

Foreign buyers

3 of 4 have at least one unit clearing the RM1M island minimum. One has no recorded ceiling and an entry below the floor — confirm whether a larger unit qualifies: Vona Parkcity. The threshold never varies by title class.

Title & tenure

  • 1 on commercial title — lower LTV ceiling, commercial utility and quit-rent tariffs: Arte S.
  • 2 have no land title on record. Confirm it in writing before committing — it changes your financing.

Narrow it down

Filtered views of Bukit Gambier stock — each one a live list, not a static page.

Projects in Bukit Gambier

1 selling · 1 upcoming · 2 completed

🚀 Upcoming

2 completed buildings in Bukit Gambier browse subsale inventory →

More on Bukit Gambier

Guides and comparisons specific to this area.

Sources & data gaps (2)

Honest list of what couldn't be verified from public sources for this area. These need Zac's direct input.

  • Condo PSF band is Arte S's verified asking range only — it is the single portal-verified project in this area, so treat the band as indicative rather than area-wide.
  • No NAPIC locality median surfaced for Bukit Gambier specifically.

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