Teluk Kumbar · Subsale Market
Emerald Residence Subsale — Teluk Kumbar, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
Emerald Residence is a completed freehold condominium in Teluk Kumbar, Penang, completed in 2021 by TPPT Sdn. Bhd.. It has 411 units. Subsale asking prices currently run about RM376–448 per sq ft (from roughly RM 437K).
Price at a glance
Prices as at November 2026 — Subsale asking prices basis. Last checked 2026-10-09.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 1,114–1,183 | RM437,000 | RM376 |
Zac’s Take
Zac Ong
More than 1,100 sqft for a RM420,000 entry, at RM376 to RM448 psf, is some of the cheapest freehold floor area on Penang Island right now. TPPT completed the 411-unit development in Teluk Kumbar in 2021, and the layouts stay consistently generous at 1,114 to 1,183 sqft, with no compact filler units dragging the average around. The price is low for a reason, and the reason is distance: Queensbay Mall is ten kilometres away, Bukit Jambul eight and a half, the nearest hospital six and a half, so every errand becomes a drive and your future buyer has to have made peace with that first. Straits International School at four kilometres does give families a real anchor here. Sitting well under RM1,000,000, the building is closed to overseas purchasers and trades among Malaysians and PRs. My read: strong value for a household that wants space and a young building and already works south of the airport. It is not for a daily Georgetown commuter, and not for anyone who may need to sell in a hurry.
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy an Emerald Residence 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
Teluk Kumbar's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Emerald Residence.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
How Emerald Residence is priced within Teluk Kumbar
At roughly RM376 psf, Emerald Residence sits mid-band for Teluk Kumbar (RM330–450 psf). This is the range where unit-specific factors — floor, view, renovation, facing — matter more than the address itself when you negotiate.
Building age
5 years
Completed 2021
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.
5 things to check before signing the Emerald Residence SPA
- 1.Sinking fund health — Confirm the current balance and whether any special assessment is pending in the next 12 months. A thin sinking fund on an ageing building means you inherit the bill.
- 2.Last 3 maintenance billings — Verify payment is up to date and no dues are outstanding from the seller — arrears transfer with the unit, not the person.
- 3.JMC minutes (last 12 months) — Look for recurring complaints, structural concerns, or planned major works. This is the single most revealing document most buyers never ask for.
- 4.Common-area condition — Physically walk the pool deck, lifts, lobbies, gym and parking ramps. Photograph anything concerning — it is negotiation leverage.
- 5.Management track record — Ask who manages the building and how long they have held the contract. Frequent turnover of managing agents usually signals a difficult JMB.
Emerald Residence price 2026
What Emerald Residence trades at on the sub-sale market, last checked 2026-10-09.
| Asking from | RM437,000 – RM550,000 |
| PSF | RM376 – 448 |
| Built-up | 1,114 – 1,183 sqft |
| Completed | 2021 |
| Units | 411 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
Recent prices. 2026 asking about RM437,000–550,000 for 1,114–1,183 sq ft three-bedrooms.
The building is 5 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporation’s 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 — and if you are near the five-to-six-year line, the date matters more than the price.
Emerald Residence for sale & for rent
Asking rents at Emerald Residence ran from about RM1,700–2,200 a month in September–October 2026, for three-bedroom homes of about 1,114 sq ft. Rents depend on the floor, view and furnishing, so message Zac for what is actually available to buy or rent today.
Emerald Residence key facts
- Developer
- TPPT Sdn. Bhd.
- Area
- Teluk Kumbar, Penang
- Type
- condominium
- Tenure
- freehold
- Completed
- 2021
- Total units
- 411
- Asking PSF
- RM376–448
- Price from
- RM 437K
Teluk Kumbar — area snapshot
Full area guide →Price range
RM 300K – RM 980K
asking prices in area
Active projects
3
selling or under construction
Subsale condos
3
completed projects
Total tracked
7
properties in this area
Other projects in Teluk Kumbar
All 6 others we track here, cheapest first — 3 of them still selling.
- D'Tiara ResidenceRM300K
- Ramah PavilionRM370K
- Laguna Bay ResidencesRM410K
- D' StarlingttonRM508K
- M Tree Hill CondominiumRM553K
- One Tree Hill ResidenceRM980K
Emerald Residence subsale — common questions
What is the price of Emerald Residence?
2026 asking about RM437,000–550,000 for 1,114–1,183 sq ft three-bedrooms.
Is Emerald Residence freehold or leasehold?
Emerald Residence 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 Emerald Residence?
Yes, if you are on MM2H. MM2H participants can buy residential property in Penang from RM500,000 (up to two homes), and Emerald Residence 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 Emerald Residence?
Asking rents ran from RM1,700 to RM2,200 a month in September–October 2026, for three-bedroom homes of about 1,114 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.
When was Emerald Residence completed?
Emerald Residence was completed in 2021 by TPPT Sdn. Bhd., so homes here are bought from existing owners.
How big are the homes at Emerald Residence?
Homes range from about 1,114 to 1,183 sq ft. There are 411 homes in total.
More on the neighbourhood:
Teluk Kumbar 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.