penangproperty
Selling NowfreeholdEst. 2029

Mah Sing Group

M Zenni

Southbay City, Batu Maung

From

RM 400K

RM 669683 PSF · Completion 2029

Tenure

freehold

Title

TBC

Total Units

494

Completion

2029

From
RM 400K
PSF
RM 669–683
Tenure
freehold
Total units
494
Status
selling
Completion
2029
Z

Zac’s Take

Zac Ong

M Zenni is Mah Sing's serviced apartment launch within Southbay City, Batu Maung — 494 units, freehold, from RM400,000, in 1–4 bedroom configurations from 688–1,184 sqft. Mah Sing is a national listed developer with a solid track record, which reduces execution risk significantly vs smaller players. Southbay City is a well-established Mah Sing township in Batu Maung: Southbay Plaza mall is nearby, the Penang International Airport is roughly 8 minutes drive, and the Second Penang Bridge is close (Batu Maung interchange). This makes M Zenni interesting for airport-adjacent living or workers in the industrial estates around Batu Maung/Bayan Lepas. The RM400K entry for a 688 sqft 1-bedder is competitive for this location. Freehold is the headline — comparable products in Southbay have sold well. Ask me for current pricing and availability.

M Zenni unit types

TypeConfigSize (sqft)UnitsCar parks
Studio/1+1BRStudio/1+1BR688
3BR3BR900–1,000
4BR4BR1,184
Total

Building specifications

Blocks
1
Floors
33
Total units
494

What's nearby

🏥 Healthcare

  • Pantai Hospital Penang6.0km

🎓 Schools

  • SK Batu Maung900m

🛍 Shopping

  • Southbay Plaza230m
  • Queensbay Mall5.0km

Monthly Instalment Calculator

Monthly Instalment

RM 1,616

Total Interest

RM 318,575

Total Outlay

RM 718,575

📲 Discuss financing options with Zac

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 360KRM 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.

DownpaymentRM 40,000
SPA stamp dutyRM 7,000
SPA legal feeRM 5,000
MOT stamp duty (at VP)

Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer.

RM 7,000
Loan stamp duty (0.5%)RM 1,800
Loan agreement legal feeRM 1,800
Valuation feeRM 1,000
Search, admin, miscRM 1,000
Gross upfront totalRM 64,600

New launch — typical developer savings

Toggle what the developer is absorbing. Confirm the actual package before signing.

Cash rebate3% = RM 12,000
0%5%10%
Total developer savingsRM 20,600

Net upfront (after savings)

Based on typical 2026 new launch package

RM 44,000

Estimates based on 2026 Penang state rules. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →

Frequently asked questions

Who is the developer of M Zenni?

+
Mah Sing Group — a Bursa-listed national developer with proven delivery track record across Malaysia.

What is M Zenni price?

+
Starting from RM400,000 for the 688 sqft 1-bedroom unit. Larger 1,184 sqft units are priced higher.

Where is M Zenni located?

+
Within Southbay City township, Batu Maung. Roughly 8 minutes to Penang International Airport and close to the Second Penang Bridge Batu Maung interchange.

Is M Zenni freehold?

+
Yes, freehold.

What facilities are in Southbay City near M Zenni?

+
Southbay Plaza (retail and F&B), Mah Sing commercial and landed components, and good highway access to the industrial estates and the airport.

Substitutes worth comparing

Open full comparison →

Same area family, same property type, similar price band — what most buyers actually cross-shop.

From

RM 400K

M Zenni

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