Mah Sing Group
M Zenni
Southbay City, Batu Maung
From
RM 531K
Completion 2029
Launched in 2025 from about RM480,000; current prices start from about RM530,800, roughly RM670–680 per sq ft.
Tenure
freehold
Title
TBC
Total Units
494
Completion
2029
- From
- RM 531K
- PSF
- —
- Tenure
- freehold
- Total units
- 494
- Status
- selling
- Completion
- 2029
Price at a glance
Prices as at November 2026 — Developer prices basis. Last checked 2026-10-05. The project has not completed — no resale market yet.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| 3BR | 900–1,000 | RM600,000 | ~RM667 |
| 4BR | 1,184 | RM750,000 | ~RM633 |
Zac’s Take
Zac Ong
Layouts run from a 688 sq ft one-bedroom-plus-study to a 1,184 sq ft four-room unit, and current prices start at roughly RM504,000–531,000.
It makes most sense for people who work around the airport, the Bayan Lepas industrial zone or the bridge, and want something new with a developer name behind it. Southbay Plaza is close by for daily shopping.
Two things to know: it's serviced-apartment stock, so check how utilities and loans are charged before you commit, and every unit is below Penang Island's RM1M minimum for foreign buyers, so this is a building for Malaysian buyers.
M Zenni price list 2026
2 of 3 unit types have a published price · entry from RM600,000 · completing 2029
| Type | Size (sqft) | Price from | PSF (derived) | Units |
|---|---|---|---|---|
| Studio/1+1BR | 688 | On application | — | — |
| 3BR | 900–1,000 | RM600,000 | ~600 | — |
| 4BR | 1,184 | RM750,000 | ~633 | — |
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 2026-10-05. Developers reprice between phases — confirm the current list before committing.
No published unit type clears the RM1M foreign-buyer minimum, but one type is priced on application — those may qualify. Ask before ruling the project out.
Studio/1+1BR is priced on application
Usually the penthouses and duplexes — developers hold those back rather than publish them. I can get you the current figure and the floor plan directly.
📲 Ask for the current price listM Zenni completion date
M Zenni is expected to complete in 2029.
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
- 33
- Total units
- 494
Facilities
What's nearby
🏥 Healthcare
- Pantai Hospital Penang
🛍 Shopping
- Southbay Plaza
- Queensbay Mall
Monthly Instalment Calculator
Monthly Instalment
RM 2,144
Total Interest
RM 422,749
Total Outlay
RM 953,549
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 batu maung
All 5 others we track here, cheapest first — 1 of them still selling.
- M Vista @ SouthbayRM405K
- Ventus & TradesmenRM480K
- The Loft @ Southbay CityRM760K
- Sunway CassiaRM920K
- Phoenix ResidencesRM1.12M
Batu Maung — area snapshot
Full area guide →Batu Maung is a quieter southern corner of the island near the second Penang Bridge. The area is developing steadily with a mix of mid-range condos and landed homes.
Price range
RM 405K – RM 1.1M
asking prices in area
Active projects
1
selling or under construction
Subsale condos
4
completed projects
Total tracked
6
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 53,080 |
| SPA stamp duty (tiered 1–4%) | RM 9,924 |
| SPA legal fee | RM 6,558 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 9,924 |
| Loan stamp duty (0.5%) | RM 2,389 |
| Loan agreement legal fee | RM 2,389 |
| Valuation fee | RM 2,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 87,263 |
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 M Zenni?
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Is M Zenni freehold or leasehold?
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Can a foreigner buy at M Zenni?
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When will M Zenni be completed?
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How big are the homes at M Zenni?
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Who is the developer of M Zenni?
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Where is M Zenni located?
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What facilities are in Southbay City near M Zenni?
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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 531K
M Zenni