penangproperty

New Launches

Best New Launch Properties for Investment in Penang (2026)

Not every new launch makes sense as an investment. The key variables: rental yield (target 4%+ gross), exit liquidity (who will buy when you sell?), land title (residential preferred for most buyers), and location relative to the proposed LRT corridor. The projects below are filtered for investment suitability.

All New LaunchesFreeholdPenang IslandPenang MainlandBelow RM1MAbove RM1MResidential TitleInvestment

17 projects match this filter

Selling Now

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)
Completed

From RM 789K

RM 505–505 psf

Ferringhi Residence 2

Batu Ferringhi, Penang Island

632 units
freeholdEst. 2020Mah Sing Group Berhad
🌏 Foreign Buy
Selling Now

From RM 1.2M

RM 770–1100 psf

SENZE @ PICC

Penang International Commercial City (PICC), Bayan Lepas

1,680 units
leaseholdEst. 2028Penang International Commercial City Developer
Completed

From RM 454K

RM 493–1122 psf

Tropicana Bay Residences

Sungai Ara, Bayan Lepas

1,248 units
freeholdEst. 2017Hunza Properties Berhad
New Launch

From RM 627K

RM 547–900 psf

G'Vinton

Jalan Sultan Ahmad Shah (Northam Road), George Town

508 units
freeholdEst. 2027Sunrich Capital Sdn Bhd (GSD Land)
🌏 Foreign Buy
Selling Now

From RM 1.0M

RM 850–956 psf

Lumina Residence

Georgetown, Penang Island

596 units
freeholdEst. 2027VST Properties & BSG
Selling Now

From RM 622K

RM 700–950 psf

Eight & Eight

Tanjung Tokong, Penang Island

600 units
leaseholdEst. 2027UDA Land (North) Sdn. Bhd.
New Launch

From RM 498K

RM 460–580 psf

Maldives Residences

Jalan Sungai Tiram 6, Bayan Lepas

850–930 sqft1,665 units
freeholdEst. 2027Ideal Property Group
New Launch

From RM 600K

RM 641–761 psf

The Pier

Bayan Mutiara (Tun Dr. Lim Chong Eu Expressway)

775–1,227 sqft934 units
freeholdEst. 2028Asia Green Group
New Launch

From RM 600K

RM 1208–1432 psf

STARK Tower

The Light Waterfront, Gelugor

425–640 sqft648 units
freeholdEst. 2028Stark Development Sdn Bhd
🌏 Foreign Buy
Completed

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
Selling Now

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)
Completed

From RM 796K

RM 703–1346 psf

Straits Quay Suites @ Waterside

Straits Quay, Seri Tanjung Pinang, Tanjung Tokong

160 units
freeholdEst. 2010E&O Property Development
Completed

From RM 700K

Alila Horizons

Tanjung Bungah

256 units
freeholdEst. 2008Hunza Properties Berhad
Completed

From RM 600K

RM 378–699 psf

10 Island Resort

Batu Ferringhi

266 units
freeholdEst. 2012Ivory Properties Group Berhad
Completed

From RM 755K

RM 971–1604 psf

Tropicana 218 Macalister

Macalister Road, George Town

88 units
freeholdEst. 2018Tropicana Corporation Bhd
Completed

From RM 491K

22 Macalisterz

Macalister Road, George Town

418 units
freeholdEst. 2025Exsim Group
📲 Get the full list + prices for these projects

🔔 Join 600+ Penang buyers on Zac's New Launch Alert

Be first to know when new projects drop — before they go public.

Join via WhatsApp →