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New Launches

Premium New Launch Properties Above RM1 Million in Penang (2026)

Penang's premium new launch segment above RM1M is concentrated in the northern Penang Island corridor — Tanjung Tokong, Gurney Drive, and select Georgetown addresses. These projects also represent the minimum entry point for foreign buyers purchasing in Penang.

All New Launches Freehold Penang Island Penang Mainland Below RM1M Above RM1M Residential Title Investment

48 projects match this filter

From RM 704K

RM 955–955 psf

Crown Penang

Straits Quay, Tanjung Tokong

0–3 bed614–1,851 sqft588 units

freeholdEst. 2029Chin Hin Group Property Berhad (JV)

🌏 Foreign Buy

From RM 1.2M

RM 770–1100 psf

SENZE @ PICC

Penang International Commercial City (PICC), Bayan Lepas

leaseholdEst. 2028Penang International Commercial City Developer

🌏 Foreign Buy

LandedCompleted

From RM 1.9M

RM 422–422 psf

Urban Living Residence

Ayer Itam

4 bed4,492–4,492 sqft93 units

freeholdEst. 2019Oriental Max Group

🌏 Foreign Buy

LandedCompleted

From RM 1.4M

RM 420–420 psf

Ferringhi Hills

Persiaran Sungai Emas 1, Batu Ferringhi

freeholdEst. 2024Seni Bahagia Sdn. Bhd.

🌏 Foreign Buy

LandedCompleted

From RM 1.4M

RM 450–600 psf

Ferringhi Pearl

Batu Ferringhi

3,095–3,359 sqft15 units

freeholdEst. 2016Align Harmony Sdn. Bhd.

🌏 Foreign Buy

LandedCompleted

From RM 2.1M

RM 556–711 psf

Island Resort Semi-Detached Villas

Batu Ferringhi

3,820–6,450 sqft11 units

freeholdEst. 2012Ivory Properties

🌏 Foreign Buy

LandedCompleted

From RM 1.3M

RM 450–600 psf

La Ferringhi

Batu Ferringhi

2,750 sqft20 units

freeholdEst. 2015Tat Boot Development Sdn. Bhd.

🌏 Foreign Buy

LandedCompleted

From RM 2.1M

RM 716–745 psf

Pearl Residences @ Batu Ferringhi

Batu Ferringhi

3,095–3,359 sqft36 units

freeholdEst. 2017Seni Bahagia Sdn. Bhd.

🌏 Foreign Buy

From RM 1.5M

RM 633–1297 psf

The Marin @ Ferringhi

Batu Ferringhi

1,750–3,735 sqft149 units

freeholdEst. 2018Plenitude Bayu Sdn. Bhd.

🌏 Foreign Buy

LandedCompleted

From RM 1.1M

RM 600–600 psf

Phoenix Residences

Taman Iping, Batu Maung

freeholdEst. 2019PLB Engineering Bhd

🌏 Foreign Buy

LandedCompleted

From RM 2.5M

RM 571–571 psf

Jelutong Villa

Jalan Faraday, Bukit Dumbar

4,465–6,521 sqft8 units

freeholdEst. 2020BTK Land Sdn. Bhd.

🌏 Foreign Buy

LandedCompleted

From RM 1.4M

RM 775–775 psf

Trehaus

Bukit Jambul

leaseholdEst. 2018IJM Land

LandedSelling Now

From RM 1.1M

RM 573–573 psf

Taman Selayang Jaya

Butterworth

1,900 sqft24 units

freeholdEst. 2026SP City Development Sdn. Bhd.

🌏 Foreign Buy

From RM 2.1M

RM 1780–1874 psf

Lightwater Residences

The Light City, Gelugor, Penang Island

1,324–3,466 sqft262 units

freeholdEst. 2028IJM Perennial Development Sdn Bhd

🌏 Foreign Buy

From RM 1.6M

RM 900–1000 psf

The Light Collection IV

Tun Dr. Lim Chong Eu Expressway, Gelugor

1,695–7,000 sqft98 units

freeholdEst. 2020IJM Land

🌏 Foreign Buy

From RM 1.7M

RM 1500–1800 psf

Marriott Residences

Gurney Drive / Kelawai Road

2–3 bed850–2,500 sqft294 units

freeholdEst. 2023Taman Sri Bunga S.B. (BSG Property)

🌏 Foreign Buy

From RM 2.7M

RM 1000–1400 psf

Setia V Residences

Kelawai, Gurney Drive

1–3 bed1,300–4,118 sqft178 units

freeholdEst. 2017SP Setia

Price on request

The Meg

Andaman Island, off Gurney Drive

freeholdEst. 2026Eastern & Oriental Berhad

🌏 Foreign Buy

From RM 2.1M

RM 2000–3500 psf

The Westin Residences

Gurney Drive (opposite Gurney Plaza)

1,033–3,670 sqft498 units

freeholdEst. 2028Macrovest Sdn. Bhd. (VST Group)

LandedCompleted

From RM 5.8M

RM 1346–1346 psf

11 Brook Residences

Brook Road (off Jesselton Road)

freeholdEst. 2015SP Setia

From RM 1.4M

RM 987–987 psf

Emeri Place

Jawi, Nibong Tebal

1,380 sqft18 units

freeholdEst. 2026IJM Land

From RM 1.5M

RM 972–972 psf

Terubong Avenue

Jalan Paya Terubong

2,347 sqft30 units

leaseholdEst. 2023Patsifit Construction Sdn. Bhd.

🌏 Foreign Buy

LandedNew Launch

From RM 2.9M

RM 1000–1000 psf

Jesselton Courtyard

Persiaran Jesselton Selatan, Penang Turf Club

4–6 bed2,734–9,054 sqft239 units

freeholdEst. 2028Berjaya Land Development Sdn. Bhd.

🌏 Foreign Buy

From RM 2.6M

RM 1294–1294 psf

Cantonment Residence

Pulau Tikus, near Penang Turf Club

2,009–4,540 sqft128 units

freeholdEst. 2030BSG Property

🌏 Foreign Buy

From RM 1.3M

RM 988–988 psf

Codrington Residence

Lebuhraya Codrington, Pulau Tikus

1,400 sqft198 units

freeholdEst. 2026Primary Spectra Development Sdn. Bhd. (BSG Property & VST Group JV)

🌏 Foreign Buy

From RM 2.4M

RM 1400–1600 psf

Moulmein Rise

Pulau Tikus

1,000–1,800 sqft84 units

freeholdEst. 2016Belleview Group

🌏 Foreign Buy

From RM 4.1M

RM 1241–1423 psf

The Anton

Jalan Cantonment / Jalan Biggs, Pulau Tikus

2,702–5,360 sqft51 units

freeholdEst. 2026Galaksi Bebas Sdn. Bhd. (Tamarins Group)

LandedCompleted

From RM 1.7M

RM 490–490 psf

Jasmine Residence

Jalan Kampung Batak, Relau

freeholdEst. 2021Solid Balance Sdn. Bhd.

🌏 Foreign Buy

LandedCompleted

From RM 1.9M

RM 660–740 psf

Casa Rica @ Setia Greens

Sungai Ara

4–5 bed2,874–3,573 sqft60 units

freeholdEst. 2023Kewira Jaya Sdn. Bhd. (SP Setia)

🌏 Foreign Buy

LandedCompleted

From RM 2.2M

RM 578–1021 psf

Isle of Palm @ Setia Pearl Island

Setia Pearl Island, Sungai Ara

2,155–3,795 sqft30 units

freeholdEst. 2018SP Setia

🌏 Foreign Buy

LandedCompleted

From RM 3.2M

RM 414–414 psf

Nineten

Permai Village, Tanjung Bungah

5 bed4,835 sqft40 units

freeholdEst. 2013BSG Property

🌏 Foreign Buy

LandedCompleted

From RM 2.4M

RM 393–567 psf

Ratu Mutiara

Tanjung Bungah

4,400 sqft20 units

freeholdEst. 1998Taman Ratu

🌏 Foreign Buy

From RM 1.3M

RM 810–999 psf

Waterstone

Jalan Loh Poh Heng, Tanjung Bungah

1,226–2,118 sqft365 units

freeholdEst. 2028BSG Property

From RM 1M

RM 1200–1696 psf

Straits Residences

Jalan Seri Tanjung Pinang

800 sqft246 units

freeholdEst. 2021Kerjaya Prospek Property Sdn. Bhd.

🌏 Foreign Buy

From RM 1.1M

RM 1200–1500 psf

Andaman @ Quayside

Seri Tanjung Pinang, Tanjung Tokong

1–3 bed877–4,813 sqft210 units

freeholdEst. 2018E&O Property Development

🌏 Foreign Buy

From RM 3M

RM 692–799 psf

The Penthouse

Jalan Bunga Hinai, Tanjung Tokong

5,000–9,000 sqft22 units

freeholdEst. 2017Method 123 Sdn. Bhd. (Tamarins Group)

🌏 Foreign Buy

From RM 1.5M

RM 1268–1466 psf

Angsana Teluk Bahang

Teluk Bahang

2 bed1,022–1,183 sqft150 units

leaseholdEst. 2020Senja Aman Development Sdn. Bhd.

LandedCompleted

From RM 1.5M

RM 1300–1650 psf

Merissa Residences @ Tropicana Cenang

Pantai Cenang, Langkawi, Kedah

1,066–1,303 sqft60 units

freeholdEst. 2026Tropicana Corporation Berhad

🌏 Foreign Buy

From RM 3.3M

RM 354–798 psf

8 Gurney (The Shore)

Persiaran Gurney, Gurney Drive

freeholdEst. 2013Pulau Ceria Sdn Bhd (CA+ Group)

🌏 Foreign Buy

From RM 2.7M

RM 767–1001 psf

11 Gurney Drive

Persiaran Gurney, Gurney Drive

freeholdEst. 2007Ikatan Awana Sdn Bhd

🌏 Foreign Buy

From RM 1.4M

RM 789–1012 psf

1 Persiaran Gurney (PG1)

Persiaran Gurney, Gurney Drive

freeholdEst. 1988

🌏 Foreign Buy

From RM 1.2M

RM 583–750 psf

Fettes Residence

Fettes Road, Tanjung Tokong

freeholdEst. 2011IOI Properties

🌏 Foreign Buy

From RM 2.8M

RM 740–1000 psf

Springtide Residences

Tanjung Bungah seafront

freeholdEst. 2009Coronation Springs Sdn Bhd

🌏 Foreign Buy

From RM 2.6M

RM 637–1239 psf

Infinity Beachfront

Tanjung Bungah beachfront

freeholdEst. 2010Hunza Properties Berhad

🌏 Foreign Buy

From RM 1.1M

RM 429–1372 psf

Moonlight Bay

Batu Ferringhi seafront

freeholdEst. 2010Ivory Properties Group Berhad

🌏 Foreign Buy

From RM 1M

RM 478–543 psf

Horizon Tower

Tanjung Bungah seafront

freeholdEst. 1988

🌏 Foreign Buy

From RM 2.9M

Shorefront Residences

Gat Lebuh Leith, George Town seafront

freeholdEst. 2018YTL Land & Development Bhd

🌏 Foreign Buy

From RM 1.6M

The Cove Condominium

Tanjung Bungah seafront

freeholdEst. 2008City Associates Group

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