penangproperty
CompletedfreeholdEst. 2023

Diamaward (M) Sdn. Bhd. (Hunza Group)

TreeO

Sungai Ara

From

RM 300K

RM 340 PSF · Completion 2023

Tenure

freehold

Title

TBC

Total Units

1240

Completion

2023

From
RM 300K
PSF
RM 340
Tenure
freehold
Total units
1240
Status
completed
Completion
2023
Z

Zac’s Take

Zac Ong

Treeo is a large 1,240-unit condominium in Sungai Ara from RM300,000. The low entry price for Penang Island makes this a notable affordable option in a well-connected mid-island neighbourhood. Sungai Ara has good access to Bayan Lepas, Queensbay, and the Penang Second Bridge via the expressway. At RM300K this is positioned as an affordable and first-timer entry to Penang Island ownership. 1,240 units is a large complex — facilities will be substantial but the sheer scale means resale competition. Check title type — at RM300K it may be commercial/affordable housing classification. Strong rental market from Bayan Lepas workers who want to live slightly further from the industrial noise.

TreeO unit types

TypeConfigSize (sqft)UnitsCar parks
3BR3BR9001240
Total1240

Building specifications

Blocks
3
Floors
46
Total units
1,240

Facilities

Infinity PoolWading PoolJacuzziPavilionIndoor GymnasiumOutdoor GymnasiumRock Climbing WallChildren's PlaygroundMulti-purpose Hall24-Hour SecurityMulti-storey Car Park

What's nearby

🏥 Healthcare

  • Hospital Lam Wah Ee3.5km

🛍 Shopping

  • Queensbay Mall3.0km

Monthly Instalment Calculator

Monthly Instalment

RM 1,212

Total Interest

RM 238,931

Total Outlay

RM 538,931

📲 Discuss financing options with Zac

Sungai Ara — area snapshot

Full area guide →

Sungai Ara is a mid-island residential area south of Bayan Lepas with a growing condo market. Well-connected to the airport and FTZ.

Price range

RM 388KRM 2.2M

asking prices in area

Active projects

0

selling or under construction

Subsale condos

6

completed projects

Total tracked

8

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 30,000
SPA stamp dutyRM 5,000
SPA legal feeRM 3,750
MOT stamp duty (at VP)

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

RM 5,000
Loan stamp duty (0.5%)RM 1,350
Loan agreement legal feeRM 1,350
Valuation feeRM 1,000
Search, admin, miscRM 1,000
Gross upfront totalRM 48,450

New launch — typical developer savings

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

Cash rebate3% = RM 9,000
0%5%10%
Total developer savingsRM 15,450

Net upfront (after savings)

Based on typical 2026 new launch package

RM 33,000

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 is the price for Treeo Sungai Ara?

+
Starting from RM300,000 — one of the most affordable new-launch entry points on Penang Island.

Where is Treeo Sungai Ara?

+
Sungai Ara, mid-Penang Island — near Bayan Lepas FTZ, Queensbay Mall, and the Second Penang Bridge expressway.

How many units does Treeo have?

+
1,240 units — a large-scale development with comprehensive facilities.

Substitutes worth comparing

Open full comparison →

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

From

RM 300K

TreeO

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