New Launches

Leasehold New Launch Properties in Penang (2026)

Leasehold properties typically offer lower entry prices than equivalent freehold options — and in Penang's premium corridors, some of the best-located projects are leasehold. The key factors: remaining tenure (aim for 80+ years), land title type, and your holding horizon.

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

18 projects match this filter

🌏 Foreign Buy

From RM 705K

RM 1073–1300 psf

SENZE @ PICC

Penang International Commercial City (PICC), Bayan Lepas

657–2,142 sqft1,680 units

freeholdEst. 2027Hunza Properties Group

🌏 Foreign Buy

From RM 1.0M

RM 850–956 psf

Lumina Residence

Georgetown, Penang Island

1,206–1,518 sqft596 units

freeholdEst. 2027VST Properties & BSG

From RM 691K

RM 700–950 psf

Eight & Eight

Tanjung Tokong, Penang Island

885–1,140 sqft600 units

leaseholdEst. 2029UDA Land (North) Sdn. Bhd.

From RM 650K

Sunshine Residence

Bandar Baru Ayer Itam (Farlim)

400–1,900 sqft270 units

leaseholdEst. 2023Crimson Omega Sdn. Bhd. (Suiwah Berhad)

From RM 750K

RM 438–468 psf

Primo Summer @ Summerton

Summerton, Queensbay / Bayan Indah

1,566–2,694 sqft200 units

leaseholdEst. 2014GSD Land (M) Sdn. Bhd.

From RM 530K

RM 621–659 psf

Terraces Condominium

Bukit Jambul

925–950 sqft410 units

leaseholdEst. 2024IJM Land

LandedCompleted

From RM 905K

RM 775–775 psf

Trehaus

Bukit Jambul

leaseholdIJM Land

From RM 428K

RM 494–568 psf

Ideal Venice Residency

Jalan Bukit Gambir / Jalan Lembah, Island Glades

1–2 bed850–850 sqft1,632 units

freeholdEst. 2026Ideal Capital Venture Sdn. Bhd. (Ideal Property Group)

From RM 650K

RM 650–650 psf

3 Residence

Lebuh Sungai Pinang 1, Jelutong

845–1,031 sqft478 units

leaseholdEst. 2021IJM Land

From RM 480K

RM 565–565 psf

Grace Harmony

Jelutong

700–850 sqft754 units

leaseholdEst. 2027Nova Land Development Sdn. Bhd.

From RM 1.5M

RM 621–621 psf

Terubong Avenue

Jalan Paya Terubong

2,347 sqft30 units

leaseholdEst. 2023Patsifit Construction Sdn. Bhd.

From RM 300K

RM 316–316 psf

Amaanee Residences

Seberang Jaya

950–1,100 sqft410 units

Est. 2026UDA Land

LandedCompleted

From RM 764K

Pekatra Indah

Simpang Ampat

3 bed1,510–1,718 sqft90 units

leaseholdRobert Fullerton Realty (Tasek) Sdn Bhd

From RM 385K

RM 575–624 psf

i-Santorini @ Tanjung Pinang

Tanjung Pinang, Tanjung Tokong

850–850 sqft2,155 units

leaseholdEst. 2019Ideal Property Group

From RM 800K

RM 623–1021 psf

Marinox Sky Villas

Tanjung Tokong

1,260–2,966 sqft301 units

leaseholdEst. 2016Masmayer Development Sdn. Bhd.

From RM 720K

Skyridge Garden

Lebuhraya Halia, Mount Erskine / Tanjung Tokong

2–3 bed1,450–2,335 sqft

freeholdEst. 2019Jiran Bina Sdn Bhd (OHM Group)

From RM 1.1M

RM 819–903 psf

Vantage Desiran Tanjung

Jalan Tanjung Tokong

1,254–2,185 sqft120 units

leaseholdEst. 2013UDA Land (North) Sdn. Bhd.

🌏 Foreign Buy

From RM 2.2M

Angsana Teluk Bahang

Teluk Bahang

leaseholdEst. 2020Senja Aman Development Sdn. Bhd.

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