Asia Green Group
The Pier
Bayan Mutiara (Tun Dr. Lim Chong Eu Expressway)
From
RM 600K
Completion 2028
Tenure
freehold
Title
Commercial (HDA)
Total Units
934
Completion
2028
- From
- RM 600K
- PSF
- —
- Tenure
- freehold
- Total units
- 934
- Status
- under construction
- Completion
- 2028
Price at a glance
Prices as at November 2026 — Developer prices basis. Last checked 2026-10-10. The project has not completed — no resale market yet.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| 2BR/3BR | 775–1,227 | RM776,000 | ~RM1,001 |
Zac’s Take
Zac Ong
The Pier is Asia Green Group's freehold serviced-apartment development on the Tun Dr Lim Chong Eu Expressway at Bayan Mutiara: two 37-storey towers with 934 homes (496 and 438) above a retail podium, due around the first quarter of 2028.
Homes run from about 775 to 1,227 sq ft, priced from about RM600,000.
The pull is the expressway: the free industrial zone, the airport and the first bridge are all a short drive, which suits professionals working in Bayan Lepas and landlords renting to them. With 934 homes in one development, ask about the maintenance budget and sinking fund before you buy, since they matter more over time in a building this size. It's below the RM1M foreign-buyer minimum, so it's for Malaysians and MM2H participants from RM500,000.
The Pier price list 2026
1 of 1 unit types have a published price · entry from RM776,000 · completing 2028
| Type | Size (sqft) | Price from | PSF (derived) | Units |
|---|---|---|---|---|
| 2BR/3BR | 775–1,227 | RM776,000 | ~632 | — |
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 2026-10-10. 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.
The Pier completion date
The Pier is expected to complete in 2028. It is under construction now.
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
- 2
- Floors
- 37
- Total units
- 934
Facilities
What's nearby
🏥 Healthcare
- Penang General Hospital
🛍 Shopping
- Queensbay Mall
- The Light Shopping Mall
- Sunshine Square Bayan Baru
Monthly Instalment Calculator
Monthly Instalment
RM 2,423
Total Interest
RM 477,862
Total Outlay
RM 1,077,862
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 bayan mutiara
All 3 others we track here, cheapest first — 1 of them still selling.
- The ZenRM420K
- Bayan SuiteRM512K
- QuayWest ResidenceRM620K
Bayan Mutiara — area snapshot
Full area guide →Price range
RM 420K – RM 620K
asking prices in area
Active projects
1
selling or under construction
Subsale condos
2
completed projects
Total tracked
4
properties in this area
Other projects in Bayan Mutiara
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 60,000 |
| SPA stamp duty (tiered 1–4%) | RM 12,000 |
| SPA legal fee | RM 7,250 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 12,000 |
| Loan stamp duty (0.5%) | RM 2,700 |
| Loan agreement legal fee | RM 2,700 |
| Valuation fee | RM 2,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 99,650 |
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
What is the price of The Pier?
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Is The Pier freehold or leasehold?
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Can a foreigner buy at The Pier?
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When will The Pier be completed?
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How big are the homes at The Pier?
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Is The Pier good for Bayan Lepas FIZ rental?
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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 600K
The Pier