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 September 2026 — Developer prices basis. Last checked 2026-09-11. The project has not completed — no resale market yet.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| 2BR/3BR | 775–1,227 | RM776,000 | ~RM632 |
Zac’s Take
Zac Ong
The Pier is Asia Green Group's mixed development on Tun Dr Lim Chong Eu Expressway in Bayan Mutiara — 934 units split across residential towers with retail podium, positioned to catch the Bayan Lepas FIZ executive tenant pool plus own-stayers who want the expressway commute axis. Verdict: niche play that works for FIZ-axis investors and Penang Bridge-commute professionals — not a destination address. Location specifics: direct expressway access (Bridge 1 and Bayan Lepas FIZ both ~10 minutes), Queensbay Mall ~5km, Penang International Airport ~12km, Sunway Carnival mainland ~18km via Bridge 1. Public transport is bus-only on the expressway frontage; LRT alignment for Bayan Mutiara is in conversation, not committed. Developer track record: Asia Green Group has delivered the surrounding Bayan Mutiara phases — built track record on this exact land bank, which matters because mixed-use podium retail success depends on master-plan execution. Unit configuration sweet spot: the 1,000-1,227 sqft larger unit is the one to shortlist for own-stay plus resale flexibility. The 775 sqft is the FIZ-rental unit (cleanest yield play). Target buyer: Penang Bridge-commute professional working in Bayan Lepas or Bukit Mertajam; FIZ engineer who wants larger unit than mass-market Bayan Lepas stock; investor targeting MNC-executive rental tier. Not for: own-stay family wanting school catchment (Georgetown core schools are 20+ minute drive); luxury seeker. Genuine concern: 934 units is a large strata population — common-area wear and lift waiting times can compound at handover plus 5 years. Mitigation: ask for the proposed maintenance budget and sinking fund schedule; insist on at least RM0.40/sqft minimum maintenance to fund long-term capex.
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 2026-09-11. 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
- Sunway Medical Centre Penang1.5km
- Penang General Hospital8.0km
- Gleneagles Penang10.0km
- Loh Guan Lye Specialist Centre9.0km
🎓 Schools
- Tenby International School (Setia Pearl)4.0km
- Nexus International School3.0km
- Wesley Methodist School Bayan Baru2.5km
- Universiti Sains Malaysia (USM)5.0km
🛍 Shopping
- Queensbay Mall2.0km
- PISA (Penang International Sports Arena)1.0km
- The Light Shopping Mall4.0km
- Sunshine Square Bayan Baru3.0km
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.
- Bayan SuiteRM414K
- The ZenRM453K
- QuayWest ResidenceRM620K
Bayan Mutiara — area snapshot
Full area guide →Price range
RM 414K – 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
How much is The Pier Bayan Mutiara per square foot?
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When will The Pier Penang be completed?
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Is The Pier freehold?
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Is The Pier good for Bayan Lepas FIZ rental?
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What is the unit mix at The Pier Bayan Mutiara?
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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