Mah Sing Group
M Zenni
Southbay City, Batu Maung
From
RM 657K
Completion 2029
Tenure
freehold
Title
TBC
Total Units
494
Completion
2029
- From
- RM 657K
- PSF
- —
- Tenure
- freehold
- Total units
- 494
- Status
- selling
- Completion
- 2029
Price at a glance
Prices as at September 2026 — Developer prices basis. Last checked 2026-07-30. The project has not completed — no resale market yet.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| Studio/1+1BR | 688 | RM480,000 | ~RM698 |
| 3BR | 900–1,000 | RM600,000 | ~RM600 |
| 4BR | 1,184 | RM750,000 | ~RM633 |
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 price list 2026
3 of 3 unit types have a published price · entry from RM480,000 · completing 2029
| Type | Size (sqft) | Price from | PSF (derived) | Units |
|---|---|---|---|---|
| Studio/1+1BR | 688 | RM480,000 | ~698 | — |
| 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 2026-07-30. 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.
M 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 Penang6.0km
🎓 Schools
- SK Batu Maung900m
🛍 Shopping
- Southbay Plaza230m
- Queensbay Mall5.0km
Monthly Instalment Calculator
Monthly Instalment
RM 2,655
Total Interest
RM 523,458
Total Outlay
RM 1,180,708
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 @ SouthbayRM420K
- Ventus & TradesmenRM480K
- Sunway CassiaRM999K
- Phoenix ResidencesRM1.12M
- The Loft @ Southbay CityRM1.6M
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 420K – RM 1.6M
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 65,725 |
| SPA stamp duty (tiered 1–4%) | RM 13,718 |
| SPA legal fee | RM 7,823 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 13,718 |
| Loan stamp duty (0.5%) | RM 2,958 |
| Loan agreement legal fee | RM 2,958 |
| Valuation fee | RM 2,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 109,898 |
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
Who is the developer of M Zenni?
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What is M Zenni price?
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Where is M Zenni located?
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Is M Zenni freehold?
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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 657K
M Zenni