penangproperty
Selling NowfreeholdEst. 2030

Ideal Property Group

PIX 1 Residences

Penang International Exchange, Bayan Baru

From

RM 673K

RM 693 PSF · Completion 2030

Tenure

freehold

Title

TBC

Total Units

748

Completion

2030

From
RM 673K
PSF
RM 693
Tenure
freehold
Total units
748
Status
selling
Completion
2030
Z

Zac’s Take

Zac Ong

PIX 1 Residences is a large 748-unit condominium in Bayan Baru from RM673,000. Bayan Baru is a well-established mid-island neighbourhood between Queensbay Mall and the Penang Island commercial corridor. RM673K for a 748-unit condo in Bayan Baru is competitive — expect sea views from upper floors if oriented towards the Straits. The PIX branding suggests a modern, lifestyle-focused positioning. At this quantum, buyers are typically upgrader professionals seeking larger units than the sub-RM500K Bayan Lepas alternatives.

PIX 1 Residences unit types

TypeConfigSize (sqft)UnitsCar parks
3BR3BR970–1,300748
Total748

Building specifications

Blocks
2
Floors
49
Total units
748

Facilities

Swimming PoolGymnasiumMultipurpose Function RoomLandscaped Garden

What's nearby

🏥 Healthcare

  • Pantai Hospital Penang1.5km

🎓 Schools

  • SJK(C) Min Sin2.3km

🛍 Shopping

  • Sunshine Square500m
  • Queensbay Mall1.5km

Monthly Instalment Calculator

Monthly Instalment

RM 2,718

Total Interest

RM 536,002

Total Outlay

RM 1,209,002

📲 Discuss financing options with Zac

Bayan Baru — area snapshot

Price range

RM 673KRM 780K

asking prices in area

Active projects

0

selling or under construction

Subsale condos

1

completed projects

Total tracked

3

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 67,300
SPA stamp dutyRM 14,190
SPA legal feeRM 7,980
MOT stamp duty (at VP)

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

RM 14,190
Loan stamp duty (0.5%)RM 3,029
Loan agreement legal feeRM 3,029
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 112,717

New launch — typical developer savings

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

Cash rebate3% = RM 20,190
0%5%10%
Total developer savingsRM 34,227

Net upfront (after savings)

Based on typical 2026 new launch package

RM 78,490

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

Frequently asked questions

Where is PIX 1 Residences?

+
Bayan Baru, mid-Penang Island — between Queensbay Mall and Bayan Lepas. Easy access to the Second Bridge expressway.

What is the price for PIX 1 Residences?

+
Starting from RM673,000 for 748 units.

Substitutes worth comparing

Open full comparison →

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

From

RM 673K

PIX 1 Residences

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