penangproperty
New LaunchfreeholdresidentialEst. 2026

PTL Properties Sdn. Bhd.

The Rimbun

Bukit Mertajam

From

RM 400K

RM 320 PSF · Completion 2026

Tenure

freehold

Title

residential

Total Units

664

Completion

2026

From
RM 400K
PSF
RM 320
Tenure
freehold
Total units
664
Status
under construction
Completion
2026
Z

Zac’s Take

Zac Ong

The Rimbun is a 664-unit townhouse development in Bukit Mertajam from RM400,000. Townhouses in BM at RM400K represent genuinely excellent space per ringgit — you're getting landed-style living (typically 3-storey, 1,500–2,500 sqft) at a price point where island condos would be sub-800 sqft. The 664-unit scale is township-grade. Rimbun means lush/leafy in Malay — suggesting green-themed landscaping. BM townhouses in this range are popular with young families who want space and privacy that flat living can't provide.

The Rimbun unit types

TypeConfigSize (sqft)UnitsCar parks
Townhouse (Small)Townhouse (Small)981
Townhouse (Large)Townhouse (Large)1,250
Total

Facilities

Swimming PoolGymnasiumOutdoor GymCommunity HallBBQ Pit

What's nearby

🏥 Healthcare

  • Hospital Bukit Mertajam5.0km

🛍 Shopping

  • AEON Mall Bukit Mertajam5.0km
  • Sunway Carnival Mall6.0km

Monthly Instalment Calculator

Monthly Instalment

RM 1,616

Total Interest

RM 318,575

Total Outlay

RM 718,575

📲 Discuss financing options with Zac

Bukit Mertajam — area snapshot

Full area guide →

Bukit Mertajam is the mainland's commercial and residential hub on the Penang Mainland, serving as a transit node between Butterworth and the northern/southern corridors.

Price range

RM 250KRM 1.2M

asking prices in area

Active projects

9

selling or under construction

Subsale condos

3

completed projects

Total tracked

14

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 40,000
SPA stamp dutyRM 7,000
SPA legal feeRM 5,000
MOT stamp duty (at VP)

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

RM 7,000
Loan stamp duty (0.5%)RM 1,800
Loan agreement legal feeRM 1,800
Valuation feeRM 1,000
Search, admin, miscRM 1,000
Gross upfront totalRM 64,600

New launch — typical developer savings

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

Cash rebate3% = RM 12,000
0%5%10%
Total developer savingsRM 20,600

Net upfront (after savings)

Based on typical 2026 new launch package

RM 44,000

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

Frequently asked questions

What type of property is The Rimbun?

+
Townhouse — landed-style multi-storey units (typically 3-storey strata). 664 units.

Why buy a townhouse in BM at RM400K?

+
You get landed-style space (est. 1,500–2,500 sqft) at RM400K vs a ~700–900 sqft island condo at similar price. Significant value for family living.

Substitutes worth comparing

Open full comparison →

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

From

RM 400K

The Rimbun

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