CompletedleaseholdEst. 2016

Masmayer Development Sdn. Bhd.

Marinox Sky Villas

Name: Marinox Sky Villas
Brand: Masmayer Development Sdn. Bhd.
Availability: Discontinued

Tanjung Tokong

From

RM 810K

RM 570–700 PSF · Completion 2016

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📲 Price list 📲 Floor plans 📅 Site visit

Tenure

leasehold

Title

TBC

Total Units

301

Completion

2016

From: RM 810K
PSF: RM 570–700
Tenure: leasehold
Total units: 301
Status: completed
Completion: 2016

Project Tracking

We're tracking Marinox Sky Villas — not yet personally reviewed by Zac

This project is in our database from public sources (3 sources) from Masmayer Development Sdn. Bhd.. 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 Marinox Sky Villas details on WhatsApp

Facilities

Infinity PoolSky GymnasiumSky LoungeBBQ TerraceConcierge ServicePrivate Lift LobbyLandscaped Garden24-Hour SecurityCCTVCovered Parking

What's nearby

🏥 Healthcare

Gleneagles Hospital Penang5.0km
Adventist Hospital Penang5.2km

🎓 Schools

Sekolah Kebangsaan Tanjung Tokong1.2km
Uplands International School2.5km
Tenby International School Penang3.0km

🛍 Shopping

Straits Quay700m
Gurney Plaza4.0km
Gurney Paragon4.3km

Monthly Instalment Calculator

Property Price (RM)Down Payment (%)Loan Tenure (years)Interest Rate (%)

Monthly Instalment

RM 3,272

Total Interest

RM 645,114

Total Outlay

RM 1,455,114

📲 Discuss financing options with Zac

Tanjung Tokong — area snapshot

Full area guide →

Tanjung Tokong is Penang Island's most active condo market, anchored by Straits Quay and home to a mix of expat and local upgrader demand. Low-density and ultra-luxury projects command significant premiums here.

Price range

RM 300K – RM 6.7M

asking prices in area

Active projects

selling or under construction

Subsale condos

completed projects

Total tracked

properties in this area

Other projects in Tanjung Tokong

Crown Penang · RM 704K Eight & Eight · RM 622K The Meg 18 East at Andaman · RM 877K Amaris · RM 4.0M Andaman @ Quayside · RM 1.1M Ariza Seafront Terraces · RM 2.7M City of Dreams · RM 1.2M +19 more →

Total Cost Breakdown

Every cost you'll pay — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.

Purchase price (RM)

Downpayment (%)

First-time buyerForeign buyer

Downpayment	RM 81,000
SPA stamp duty	RM 18,300
SPA legal fee	RM 9,350
MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer.	RM 18,300
Loan stamp duty (0.5%)	RM 3,645
Loan agreement legal fee	RM 3,645
Valuation fee	RM 2,000
Search, admin, misc	RM 1,000
Gross upfront total	RM 137,240

New launch — typical developer savings

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

SPA legal fee absorbed

Panel lawyer provided by developer

− RM 9,350

Loan stamp duty absorbed

0.5% on loan amount

− RM 3,645

Loan legal fee absorbed

Loan documentation fees

− RM 3,645

MOT stamp duty absorbed

Rare — confirm with developer

—

Cash rebate3% = RM 24,300

0%5%10%

Total developer savings− RM 40,940

Net upfront (after savings)

Based on typical 2026 new launch package

RM 96,300

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 Marinox Sky Villas?

Units at Marinox Sky Villas start from RM 810K (around RM 570–700 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is Marinox Sky Villas freehold or leasehold?

Marinox Sky Villas is leasehold — typically a 99-year lease from the original grant. This doesn't materially affect own-stay value, but leasehold properties may need state consent for resale and the land reverts at lease end.

When is the expected completion / VP?

Expected Vacant Possession is 2016, 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).

Who is the developer of Marinox Sky Villas?

Marinox Sky Villas is developed by Masmayer Development Sdn. Bhd.. For Zac's honest read on the developer's track record and what to expect on delivery quality, WhatsApp directly.

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Marinox Sky Villas

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