penangproperty
CompletedfreeholdEst. 2024

Bintang Holdings Sdn. Bhd. (Low Yat Group)

Marina 129

Jalan Sultan Ahmad Shah, George Town

From

RM 1.20M

RM 930 PSF · Completion 2024

Tenure

freehold

Title

TBC

Total Units

274

Completion

2024

From
RM 1.2M
PSF
RM 930
Tenure
freehold
Total units
274
Status
completed
Completion
2024

Project Tracking

We're tracking Marina 129 — not yet personally reviewed by Zac

This project is in our database from public sources (5 sources) from Bintang Holdings Sdn. Bhd. (Low Yat Group). Full pricing, floor plans, unit availability and Zac's honest take are available on direct request — most developers update pricing weekly and we share the current numbers immediately.

  • 📋 Latest price list & available unit types
  • 🏗️ Current construction stage and photos
  • 💬 Zac's honest assessment for your situation
  • 📞 Direct introduction to the developer if you want to view
📲 Get Marina 129 details on WhatsApp

Marina 129 unit types

TypeConfigSize (sqft)UnitsCar parks
Serviced ResidenceServiced Residence264
Total264

Building specifications

Blocks
1
Floors
23
Total units
274

What's nearby

🏥 Healthcare

  • Penang Adventist Hospital1.5km

🛍 Shopping

  • Gurney Plaza1.5km

Monthly Instalment Calculator

Monthly Instalment

RM 4,847

Total Interest

RM 955,724

Total Outlay

RM 2,155,724

📲 Discuss financing options with Zac

Georgetown — area snapshot

Full area guide →

Georgetown is the UNESCO World Heritage City and Penang's urban core. Heritage shophouses and modern serviced suites coexist; buyer profiles range from heritage lovers to city professionals.

Price range

RM 73KRM 2.9M

asking prices in area

Active projects

4

selling or under construction

Subsale condos

6

completed projects

Total tracked

11

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 120,000
SPA stamp dutyRM 32,000
SPA legal feeRM 12,850
MOT stamp duty (at VP)

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

RM 32,000
Loan stamp duty (0.5%)RM 5,400
Loan agreement legal feeRM 5,400
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 210,650

New launch — typical developer savings

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

Cash rebate3% = RM 36,000
0%5%10%
Total developer savingsRM 59,650

Net upfront (after savings)

Based on typical 2026 new launch package

RM 151,000

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

Frequently asked questions

How much is Marina 129?

+
Units at Marina 129 start from RM 1.20M (around RM 930 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is Marina 129 freehold or leasehold?

+
Marina 129 is freehold — you own the land in perpetuity, no expiry date, no renewal fees. Freehold residential title remains genuinely scarce in central Penang Island.

When is the expected completion / VP?

+
Expected Vacant Possession is 2024, subject to developer execution. Defects liability period typically runs 24 months from VP. New launch buyers should budget for transaction costs at SPA and again at VP (MOT stamp duty).

Can foreigners buy Marina 129?

+
Yes — Marina 129 meets the Penang state foreign-buyer minimum (RM1M stratified on Penang Island, RM600K mainland). Foreigners pay a 3% state levy (island) plus state consent fees on top of standard transaction costs. Full walkthrough: see the Penang foreign buyer guide or message Zac directly.

Who is the developer of Marina 129?

+
Marina 129 is developed by Bintang Holdings Sdn. Bhd. (Low Yat Group). For Zac's honest read on the developer's track record and what to expect on delivery quality, WhatsApp directly.

Substitutes worth comparing

Open full comparison →

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

From

RM 1.2M

Marina 129

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