Sungai Nibong Β· Subsale Market
Celesta Residency Subsale β Sungai Nibong, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
Celesta Residency is a completed freehold condominium in Sungai Nibong, Penang, completed in 2022 by Red Blue Development (TGB Group). It has 94 units. It launched from around RM 635K in 2018 β that is the launch price, not a current resale figure. WhatsApp Zac for live asking prices.
Price at a glance
Prices as at September 2026 β Developer launch prices basis. Last checked 2026-07-20. A negotiation floor, not what it trades at today.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| 2BR | 850β900 | RM635,000 | ~RM706 |
| 3BR | 1,250 | RM830,000 | ~RM664 |
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Celesta Residency subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Sungai Nibong's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Celesta Residency.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
How Celesta Residency is priced within Sungai Nibong
At roughly RM620 psf, Celesta Residency prices toward the upper end of Sungai Nibong's condo band (RM320β753 psf). Expect to justify that with something concrete: sea view, low density, branded management, or a genuinely superior position within the area.
Area gross yield
~5%
Typical for Sungai Nibong condos
Building age
4 years
Completed 2022
PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data β see the Penang Price Index. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.
What to inspect before you commit at Celesta Residency
- 1.Internal pipes and electrical β For buildings past the ten-year mark, ask for a recent plumbing inspection. Full repiping is a five-figure cost you do not want to discover after VP.
- 2.Waterproofing and ceiling stains β Check bathroom floors, balcony thresholds and the ceiling directly under any upstairs wet area. Old stains that were painted over will reappear.
- 3.Lift modernisation status β Lifts have a service life. Ask whether modernisation has been done or is being planned β it is one of the largest special assessments a JMB can raise.
- 4.Original vs renovated layout β Confirm any structural alteration by a previous owner was approved. Unapproved hacking can complicate financing and your own future resale.
- 5.Actual unit orientation β Visit at the time of day you would normally be home. Afternoon west sun in Penang changes both comfort and your electricity bill.
Celesta Residency price 2026
What Celesta Residency trades at on the sub-sale market, last checked 2026-07-20.
| Asking from | RM635,000+ |
| PSF | RM620 |
| Built-up | 850 β 2,100 sqft |
| Completed | 2022 |
| Units | 94 |
Developer launch price. This is what the developer charged at launch, not what the building trades at today. Treat it as a floor for negotiation, not a guide to current value.
The building is 4 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporationβs problem and, through the sinking fund, partly yours. Check what was actually rectified.
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 β and if you are near the five-to-six-year line, the date matters more than the price.
Celesta Residency for sale & for rent
Looking to buy or rent a unit in Celesta Residency? Asking prices and rents move with the market and with the specific unit β floor, facing, condition β so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.
Celesta Residency key facts
- Developer
- Red Blue Development (TGB Group)
- Area
- Sungai Nibong, Penang
- Type
- mixed
- Tenure
- freehold
- Completed
- 2022
- Total units
- 94
- Asking PSF
- RM620
- Price from
- RM 635K
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Celesta Residency:
View full Celesta Residency profile βSungai Nibong β area snapshot
Full area guide βPrice range
RM 460K β RM 650K
asking prices in area
Active projects
0
selling or under construction
Subsale condos
4
completed projects
Total tracked
5
properties in this area
Other projects in Sungai Nibong
Other projects in Sungai Nibong
All 4 others we track here, cheapest first β all trading sub-sale.
- Casa AnggunRM460K
- Iconic RegencyRM490K
- NovusRM530K
- The Sun @ Sungai NibongRM650K
Celesta Residency subsale β common questions
What is the price of Celesta Residency?
Celesta Residency runs RM635,000 and up. That is the developer launch price, not what the building trades at today. Treat it as a floor for negotiation. That works out to about RM620 per square foot. Checked 2026-07-20.
Is Celesta Residency freehold or leasehold?
Celesta Residency is freehold. We do not hold the land title class on record β confirm it with the developer, because a commercial title changes your utility tariffs and loan margin.
Can a foreigner buy at Celesta Residency?
Not at current prices. Penang Island sets a RM1,000,000 minimum for foreign buyers and no unit here clears it, so Celesta Residency is open to Malaysian and PR buyers only.
When was Celesta Residency completed?
Celesta Residency completed in 2022, developed by Red Blue Development (TGB Group). Units here trade sub-sale.
How big are the units at Celesta Residency?
Built-ups run 850 to 2,100 sq ft. There are 94 units in total.
Is Celesta Residency a new launch or subsale?
Celesta Residency was completed in 2022 and is now a subsale/resale market. WhatsApp Zac for current listings.
Who developed Celesta Residency?
Red Blue Development (TGB Group).
More on the neighbourhood:
Sungai Nibong area guide β schools, transport, PSF, lifestyle scorecard βSubstitutes worth comparing
Open full comparison βSame area family, same property type, similar price band β what most buyers actually cross-shop.