Bayan Lepas · Subsale Market
Forest Ville Subsale — Bayan Lepas, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
Forest Ville is a completed freehold condominium in Bayan Lepas, Penang, completed in 2020 by Ideal Property Group. It has 991 units. Subsale asking prices currently run about RM428–450 per sq ft (from roughly RM 450K).
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Forest Ville subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Bayan Lepas's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Forest Ville.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
5 things to check before signing the Forest Ville SPA
- 1.Sinking fund health — confirm the current balance and whether any special assessment is pending in the next 12 months.
- 2.Last 3 maintenance billings — verify payment is up to date and there are no outstanding dues from the seller.
- 3.JMC minutes (last 12 months) — look for recurring complaints, structural concerns, or planned major works.
- 4.Common-area condition — physically walk the pool deck, lifts, lobbies, gym, and parking ramps. Photo anything concerning for negotiation leverage.
- 5.Internal pipes + electrical — for buildings 10+ years old, ask for a recent plumbing inspection report. Pipe replacement is a five-figure capex you don't want to discover post-VP.
Forest Ville key facts
- Developer
- Ideal Property Group
- Area
- Bayan Lepas, Penang
- Type
- condominium
- Tenure
- freehold
- Completed
- 2020
- Total units
- 991
- Asking PSF
- RM428–450
- Price from
- RM 450K
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Forest Ville:
View full Forest Ville profile →Bayan Lepas — area snapshot
Full area guide →Bayan Lepas is the island's industrial and tech hub, home to the Free Trade Zone and Penang International Airport. Condo demand comes primarily from professionals working in the area.
Price range
RM 300K – RM 1.2M
asking prices in area
Active projects
7
selling or under construction
Subsale condos
9
completed projects
Total tracked
17
properties in this area
Forest Ville subsale — common questions
What type of property is Forest Ville?
Condominium — likely residential land title, which is more favourable than serviced apartment commercial title.
What is the price for Forest Ville?
From RM450,000 for 991 units. Contact me for current availability.
Where is Forest Ville in Bayan Lepas?
Bayan Lepas, southern Penang Island — near the airport, FTZ, and with greenery access towards Batu Maung hills.
More on the neighbourhood:
Bayan Lepas 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.