Secondary Market
Penang Subsale Property
178 completed developments tracked across Penang Island and Mainland. Tell Zac your criteria — he matches you to available units.
Penang subsale property is the secondary market — completed condominiums and landed homes trading between owners rather than developer-to-first-owner. In 2026 this is where most Penang property transactions actually happen. Subsale gives you three things new launches can't: immediate vacant possession (SPA to keys in 60–90 days, not 3+ years), verified neighbourhood conditions (noise, traffic, JMC quality all knowable before signing), and often better PSF value than a comparable new launch in the same corridor.
The catch is inventory quality varies. Every subsale listed here has been verified against current portal asking prices and matched against my project database — no bait listings, no stale prices, no relisted units masquerading as new. Foreign buyers should note that Penang Island's RM1 million minimum applies to subsale purchases just as it does to new launches; the Mainland floor is RM500K.
Message me your budget, area preference and timeline — I'll match you against current live inventory and flag which ones are actually worth viewing. New to Penang subsale? Read the full cost breakdown and the new-vs-subsale comparison before you commit.
Seri Tanjung Pinang — E&O branded seafront landed villas & terraces
Gated freehold landed homes (not condos) · Tanjung Tokong
North Island — High-demand condos
leasehold2016Tanjung Tokong
Marinox Sky Villas
Masmayer Development Sdn. Bhd.
freeholdTanjung Tokong
Andaman @ Quayside
E&O Property Development
freehold2017Tanjung Tokong
18 East at Andaman
E&O Property Development
freehold2018Tanjung Bungah
Alila 2
Nilai Arif Sdn. Bhd. (Hunza Group)
freehold2011Tanjung Bungah
Surin Condominium
Bolton Berhad
freehold2011Gurney Drive
Gurney Paragon
Hunza Properties Berhad
All 178 completed developments — grouped by area
North Island
(24)
freehold2020Batu Ferringhi
Ferringhi Residence 2
Mah Sing Group Berhad
freehold2018Mount Erskine
Mont Residence
VST Group (Visentak Development Sdn Bhd)
freehold2019Tanjung Bungah
Granito @ Permai
Taman Sri Bunga Sdn Bhd (BSG group)
freehold2016Tanjung Bungah
Mira Residence
BSG Property
freehold2020Tanjung Tokong
City of Dreams
Ewein Zenith Sdn. Bhd.
freehold2013Gurney Drive
8 Gurney (The Shore)
Pulau Ceria Sdn Bhd (CA+ Group)
freehold2007Gurney Drive
11 Gurney Drive
Ikatan Awana Sdn Bhd
freehold1988Gurney Drive
1 Persiaran Gurney (PG1)
—
freehold2011Tanjung Tokong
Fettes Residence
IOI Properties
freehold2010Tanjung Tokong
Straits Quay Suites @ Waterside
E&O Property Development
freehold2009Tanjung Bungah
Springtide Residences
Coronation Springs Sdn Bhd
freehold2010Tanjung Bungah
Infinity Beachfront
Hunza Properties Berhad
freehold2010Batu Ferringhi
Moonlight Bay
Ivory Properties Group Berhad
freehold2008Tanjung Bungah
Alila Horizons
Hunza Properties Berhad
freehold1998Tanjung Bungah
Pearl View Condominium
Palmex Industries (IOI Group)
freehold2012Batu Ferringhi
10 Island Resort
Ivory Properties Group Berhad
freehold2024Batu Ferringhi
Ferringhi Hills
Seni Bahagia Sdn. Bhd.
freehold2023Gurney Drive
Marriott Residences
Taman Sri Bunga S.B. (BSG Property)
freehold2026Tanjung Tokong
The Meg
Persada Mentari Sdn. Bhd. (Eastern & Oriental Berhad)
freehold2026Pulau Tikus
Codrington Residence
Primary Spectra Development Sdn. Bhd. (BSG Property & VST Group JV)
freehold2016Pulau Tikus
Moulmein Rise
Belleview Group
freehold2026Pulau Tikus
The Anton
Galaksi Bebas Sdn. Bhd. (Tamarins Group)
freehold2017Tanjung Tokong
Amaris
E&O Property Development
freehold2019Tanjung Tokong
The Tamarind
E&O Property Development
Why buy subsale in Penang?
Move in within 3 months
No 36-month construction wait. SPA to keys in 90 days — better for own-stay buyers on a timeline.
Verified neighbourhood
Noise levels, traffic, neighbours, JMC quality — all known before you sign. No post-VP surprises.
Often better PSF
Older buildings in good locations often price below new launch PSF and outperform on rental yield.