Rackson Group
Avion Residence
Bayan Lepas (opposite Penang International Airport)
From
RM 342K
RM 925–1156 PSF · Completion 2028
Developer indicative pricing Oct 2026: 1-bed 488-700 sqft from RM342K, 2-bed from RM480K, 3-bed 1,000-1,328 sqft from RM540K. PSF band RM925-1,156. Target VP Q4 2027/2028.
Tenure
freehold
Title
commercial
Total Units
608
Completion
2028
- From
- RM 342K
- PSF
- RM 925–1156
- Tenure
- freehold
- Total units
- 608
- Status
- under construction
- Completion
- 2028
Price at a glance
Prices as at November 2026 — Developer prices basis. Last checked 2026-10-12. The project has not completed — no resale market yet.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| Studio / 1BR | 488–700 | RM342,000 | ~RM701 |
| 3BR | 1,000–1,328 | RM540,000 | ~RM540 |
Zac’s Take
Zac Ong
Avion Residence is a 608-unit serviced apartment in Bayan Lepas from RM342,000. The Avion name (French for aircraft) is a play on the airport proximity — Penang International Airport is in Bayan Lepas, making this an obvious play for aviation-related staff, airport hotel operators, and FTZ workers. At RM342K for a serviced apartment near the airport, the investment case is clear: stable rental demand from a captive tenant base. Commercial title is standard for this type. The 608-unit count is sizable — entry-level pricing and high unit count means this is a volume/yield product rather than a premium one.
Avion Residence price list 2026
2 of 2 unit types have a published price · entry from RM342,000 · completing 2028
| Type | Size (sqft) | Price from | PSF (derived) | Units |
|---|---|---|---|---|
| Studio / 1BR | 488–700 | RM342,000 | ~489 | — |
| 3BR | 1,000–1,328 | RM540,000 | ~407 | — |
PSF is derived, not quoted — each row divides that type's price by its own square footage. Developers do not always state whether a published size is built-up or nett, and the two can differ by 20%. Ask for both in writing before you sign.
Developer price — the project has not completed, so there is no resale market to compare against, last checked 2026-10-12. Developers reprice between phases — confirm the current list before committing.
Every unit type here sits below the RM1M foreign-buyer minimum, so this project is open to Malaysian and PR buyers only.
⚠Commercial title, and a genuinely mixed-use tower — the 36 storeys also house a Le Meridien hotel. Expect commercial utility and assessment tariffs and a tighter loan margin than a residential condo.
Avion Residence completion date
Avion Residence is expected to complete in 2028. It is under construction now.
Read that as the developer's target, not a guarantee. What matters contractually is the vacant possession date in your SPA — 36 months from the sale and purchase agreement for a strata title under the Housing Development Act, with liquidated damages payable if the developer misses it. A launch year quoted in marketing and the VP date you can enforce are different things, so check the SPA schedule before you plan a move-in or a tenancy.
Building specifications
- Blocks
- 1
- Floors
- 36
- Total units
- 608
Facilities
What's nearby
🎓 Schools
- SMK Bayan Lepas
🛍 Shopping
- Queensbay Mall
Monthly Instalment Calculator
Monthly Instalment
RM 1,381
Total Interest
RM 272,381
Total Outlay
RM 614,381
Estimates only — not an offer, quotation, or representation of the developer's actual pricing or package. Actual instalments depend on the bank's approved rate, tenure and margin of financing.
📲 Discuss financing options with ZacOther projects in bayan lepas
All 14 others we track here, cheapest first — 4 of them still selling.
- Tropicana Bay ResidencesRM315K
- One ForestaRM395K
- London PavilionRM418K
- Forest VilleRM420K
- Havana Beach ResidencesRM450K
- Maldives ResidencesRM498K
- Solaria ResidencesRM500K
- Tree SparinaRM540K
- SummerSkye ResidencesRM597K
- Lucerne ResidencesRM599K
- The AmareneRM620K
- Goodwood ResidenceRM678K
- SENZE @ PICCRM705K
- Tierra ResidencesRM930K
Bayan Lepas — area snapshot
Full area guide →Bayan Lepas is the island's industrial and tech hub, home to the Free Trade Zone and Penang International Airport. Condo demand comes primarily from professionals working in the area.
Price range
RM 315K – RM 930K
asking prices in area
Active projects
4
selling or under construction
Subsale condos
10
completed projects
Total tracked
15
properties in this area
Total Cost Breakdown
Every cost you'll pay — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.
| Downpayment | RM 34,200 |
| SPA stamp duty (tiered 1–4%) | RM 5,840 |
| SPA legal fee | RM 4,275 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 5,840 |
| Loan stamp duty (0.5%) | RM 1,539 |
| Loan agreement legal fee | RM 1,539 |
| Valuation fee | RM 1,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 55,233 |
New launch — typical developer savings
Toggle what the developer is absorbing. Confirm the actual package before signing.
Net upfront (after savings)
Based on typical 2026 new launch package
Estimates only, based on 2026 Penang state rules — not an offer, quotation, or representation of the developer's actual package. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →
Frequently asked questions
What is the price of Avion Residence?
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Is Avion Residence freehold or leasehold?
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Can a foreigner buy at Avion Residence?
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When will Avion Residence be completed?
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How big are the homes at Avion Residence?
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Why is it called Avion Residence?
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Is Avion Residence good for rental?
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Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.
From
RM 342K
Avion Residence