penangproperty
CompletedleaseholdcommercialEst. 2023

Patsifit Construction Sdn. Bhd.

Terubong Avenue

Jalan Paya Terubong

From

RM 1.46M

RM 972 PSF · Completion 2023

Tenure

leasehold

Title

commercial

Total Units

30

Completion

2023

From
RM 1.5M
PSF
RM 972
Tenure
leasehold
Total units
30
Status
completed
Completion
2023

Project Tracking

We're tracking Terubong Avenue — not yet personally reviewed by Zac

This project is in our database from public sources (2 sources) from Patsifit Construction 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 Terubong Avenue details on WhatsApp

Facilities

Swimming PoolGymnasiumPlaygroundLandscaped GardenFunction Room24-Hour SecurityCovered Parking

What's nearby

🏥 Healthcare

  • Hospital Pulau Pinang4.5km
  • Island Hospital5.0km

🎓 Schools

  • Sekolah Kebangsaan Paya Terubong800m
  • Universiti Sains Malaysia (USM)3.2km

🛍 Shopping

  • Ayer Itam Market & Shops2.0km
  • Queensbay Mall6.0km

Monthly Instalment Calculator

Monthly Instalment

RM 5,889

Total Interest

RM 1,161,205

Total Outlay

RM 2,619,205

📲 Discuss financing options with Zac

Paya Terubong — area snapshot

Price range

RM 200KRM 900K

asking prices in area

Active projects

1

selling or under construction

Subsale condos

1

completed projects

Total tracked

4

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 145,800
SPA stamp dutyRM 42,320
SPA legal feeRM 14,914
MOT stamp duty (at VP)

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

RM 42,320
Loan stamp duty (0.5%)RM 6,561
Loan agreement legal feeRM 6,561
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 261,476

New launch — typical developer savings

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

Cash rebate3% = RM 43,740
0%5%10%
Total developer savingsRM 71,776

Net upfront (after savings)

Based on typical 2026 new launch package

RM 189,700

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 Terubong Avenue?

+
Units at Terubong Avenue start from RM 1.46M (around RM 972 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is Terubong Avenue freehold or leasehold?

+
Terubong Avenue 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?

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Expected Vacant Possession is 2023, 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 Terubong Avenue?

+
Yes — Terubong Avenue 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 Terubong Avenue?

+
Terubong Avenue is developed by Patsifit Construction Sdn. Bhd.. For Zac's honest read on the developer's track record and what to expect on delivery quality, WhatsApp directly.

From

RM 1.5M

Terubong Avenue

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