penangproperty
Artis 3 — subsale condominium in Jelutong

Jelutong · Subsale Market

Artis 3 Subsale — Jelutong, Penang

Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.

Artis 3 is a completed freehold condominium in Jelutong, Penang by Airmas Group. It has 692 units. Subsale asking prices start from roughly RM 400K.

Price at a glance

Prices as at November 2026 — Subsale asking prices basis. Last checked 2026-10-12.

Unit typeSize (sqft)Price fromPSF from
All units650–1,250RM400,000~RM615
Z

Zac’s Take

Zac Ong

Jelutong rarely gets new stock, which is most of why this young building still holds attention. Airmas Group delivered 692 freehold units here, sized 650 to 1,250 sqft, with 2026 listings from about RM400,000 to RM990,000. That is George Town-fringe pricing on a Jelutong address, and what you are paying for is the recent build and the nearby Lotus's E-Gate rather than the postcode. Density is the catch. Nearly seven hundred units in one scheme means you will almost never be the only listing in your size band, and that quietly caps what a seller can push for. Everything in the range falls under the RM1,000,000 mark Penang Island sets for foreign purchasers, so the buyer pool is Malaysian and PR. It suits a family that wants a young building close to schools such as Chung Ling; it does not suit anyone buying for scarcity or expecting a fast capital story.

Available Listings

No listings currently on file. Zac may have off-market units available.

Ask Zac about availability

Why buy an Artis 3 subsale (vs a new launch elsewhere)

Immediate occupancy

Move in within months, not years. Most resales complete in four to six months, a little longer if you need state consent as a foreign buyer.

Verified surroundings

Jelutong's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Artis 3.

Established maintenance

The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.

How Artis 3 is priced within Jelutong

RM540 psf≈RM615 psfRM900 psf

At roughly RM615 psf, Artis 3 sits toward the value end of Jelutong's condo band (RM540–900 psf). That usually reflects building age, floor level, or distance from the area's prime frontage — worth checking which, because the first two are negotiable and the third is not.

PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data — see the Penang Price Index. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.

The Artis 3 pre-purchase checklist

  1. 1.Remaining lease (if leasehold) — Ask for the exact expiry year. Banks tighten lending as the remaining term shortens, which affects both your loan and your future buyer's.
  2. 2.Outstanding charges and caveats — Your lawyer should run a full land search for caveats, charges or restrictions in interest before you release any deposit.
  3. 3.Genuine transacted comparables — Ask for recent transacted prices in the same block, not asking prices. Asking prices tell you what sellers hope for, not what the market pays.
  4. 4.Exit tax position — Model your RPGT before you buy, not when you sell. Holding period changes the maths substantially, especially for foreign owners.
  5. 5.Vacant possession terms — Agree in writing what stays — air-conditioners, built-ins, curtains, lights. Fixture disputes at handover are entirely avoidable.

Artis 3 price 2026

What Artis 3 trades at on the sub-sale market, last checked 2026-10-12.

Asking fromRM400,000 – RM990,000
Built-up650 – 1,250 sqft
Units692

Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.

Every unit here sits below the RM1M foreign-buyer minimum, so this building is open to Malaysian and PR buyers only.

Selling rather than buying? The RPGT rates and the 21B retention decide what you keep — and if you are near the five-to-six-year line, the date matters more than the price.

Artis 3 for sale & for rent

Asking rents at Artis 3 ran from about RM1,500–2,150 a month in September–October 2026, from 580 sq ft one-bedroom homes to three-bedroom homes of about 1,100–1,175 sq ft. Rents depend on the floor, view and furnishing, so message Zac for what is actually available to buy or rent today.

Artis 3 key facts

Developer
Airmas Group
Area
Jelutong, Penang
Type
condominium
Tenure
freehold
Total units
692
Price from
RM 400K

Jelutong — area snapshot

Full area guide →

Jelutong is a densely populated central-island area. New projects here target first-time buyers and investors rather than the luxury segment, with relatively accessible entry prices.

Price range

RM 438K – RM 969K

asking prices in area

Active projects

6

selling or under construction

Subsale condos

3

completed projects

Total tracked

10

properties in this area

Other projects in Jelutong

All 9 others we track here, cheapest first — 6 of them still selling.

Artis 3 subsale — common questions

What is the price of Artis 3?

Artis 3 runs RM400,000 to RM990,000. These are verified sub-sale asking prices, not transacted figures — expect movement between the two. Checked 2026-10-12.

Is Artis 3 freehold or leasehold?

Artis 3 is freehold. I have not been able to confirm the land title class — check it with the developer, because a commercial title changes your utility tariffs and loan margin.

Can a foreigner buy at Artis 3?

Yes, if you are on MM2H. MM2H participants can buy residential property in Penang from RM500,000 (up to two homes), and Artis 3 is priced above that. Other foreign buyers need RM1,000,000 for strata property on the island, which homes here do not reach. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.

How much is the rent at Artis 3?

Asking rents ran from RM1,500 to RM2,150 a month in September–October 2026, from 580 sq ft one-bedroom homes to three-bedroom homes of about 1,100–1,175 sq ft. These are asking rents on the main property portals, not signed leases. Short-term holiday letting isn't allowed in condos on Penang Island, so think in one- or two-year tenancies.

How big are the homes at Artis 3?

Homes range from about 650 to 1,250 sq ft. There are 692 homes in total.

More on the neighbourhood:

Jelutong area guide — schools, transport, PSF, lifestyle scorecard →

Substitutes worth comparing

Open full comparison →

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