Bayan Lepas · Subsale Market
Goodwood Residence Subsale — Bayan Lepas, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
Goodwood Residence is a completed freehold condominium in Bayan Lepas, Penang, completed in 2025 by Definite Harmony Development (WHH Land). It has 260 units. Subsale asking prices currently run about RM465–580 per sq ft (from roughly RM 678K).
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 |
|---|---|---|---|
| 3+1BR | 1,250 | RM678,000 | ~RM542 |
| 4BR | — | RM750,000 | — |
Zac’s Take
Zac Ong
Goodwood Residence is a freehold, low-density tower in Bayan Lepas: one 35-storey block of 260 homes. Most layouts are four bedrooms at about 1,252 or 1,430 sq ft, with two to four car parks, and resale prices start at around RM678,000.
That's a lot of space for the price, which is why it appeals to families and professionals working in the Bayan Lepas industrial zone, at the airport or in the nearby hospitals.
It's below Penang Island's RM1M minimum for foreign buyers, so it's a building for Malaysian buyers. As with any older-style tower, ask about the building's maintenance record and sinking fund before you buy.
Reviews and comparisons
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Goodwood 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
Bayan Lepas's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Goodwood 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 Goodwood Residence is priced within Bayan Lepas
At roughly RM465 psf, Goodwood Residence sits toward the value end of Bayan Lepas's condo band (RM440–1100 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.
Building age
1 years
Completed 2025
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 Goodwood Residence pre-purchase checklist
- 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.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.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.Exit tax position — Model your RPGT before you buy, not when you sell. Holding period changes the maths substantially, especially for foreign owners.
- 5.Vacant possession terms — Agree in writing what stays — air-conditioners, built-ins, curtains, lights. Fixture disputes at handover are entirely avoidable.
Goodwood Residence price 2026
What Goodwood Residence trades at on the sub-sale market, last checked 2026-10-09.
| Asking from | RM678,000 – RM770,000 |
| PSF | RM465 – 580 |
| Built-up | 1,075 – 1,250 sqft |
| Completed | 2025 |
| Units | 260 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
Recent prices. 2026 listings about RM678,000–770,000 for 1,075–1,250 sq ft homes.
The building is 1 year 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.
Goodwood Residence for sale & for rent
Looking to buy or rent a unit in Goodwood Residence? Asking prices and rents move with the market and with the specific unit — floor, facing, condition — so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.
Goodwood Residence key facts
- Developer
- Definite Harmony Development (WHH Land)
- Area
- Bayan Lepas, Penang
- Type
- mixed
- Tenure
- freehold
- Completed
- 2025
- Total units
- 260
- Asking PSF
- RM465–580
- Price from
- RM 678K
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 315K – RM 930K
asking prices in area
Active projects
5
selling or under construction
Subsale condos
9
completed projects
Total tracked
15
properties in this area
Other projects in Bayan Lepas
All 14 others we track here, cheapest first — 5 of them still selling.
- Tropicana Bay ResidencesRM315K
- Avion ResidenceRM342K
- One ForestaRM395K
- London PavilionRM418K
- Forest VilleRM420K
- Havana Beach ResidencesRM450K
- Maldives ResidencesRM498K
- Solaria ResidencesRM500K
- Tree SparinaRM540K
- SummerSkye ResidencesRM597K
- Lucerne ResidencesRM599K
- The AmareneRM620K
- SENZE @ PICCRM705K
- Tierra ResidencesRM930K
Goodwood Residence subsale — common questions
What is the price of Goodwood Residence?
2026 listings about RM678,000–770,000 for 1,075–1,250 sq ft homes.
Is Goodwood Residence freehold or leasehold?
Goodwood 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 Goodwood Residence?
Yes, if you are on MM2H. MM2H participants can buy residential property in Penang from RM500,000 (up to two homes), and Goodwood 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.
When was Goodwood Residence completed?
Goodwood Residence was completed in 2025 by Definite Harmony Development (WHH Land), so homes here are bought from existing owners.
How big are the homes at Goodwood Residence?
Homes range from about 1,075 to 1,250 sq ft. There are 260 homes in total.
What is Goodwood Residence?
A 260-unit mixed development in Bayan Lepas from RM678,000. Mid-to-premium segment for the southern Penang Island area.
Who is the target buyer for Goodwood Residence?
Professionals working in Bayan Lepas MNCs, airport management, or Gleneagles Penang — rather than the mass FTZ worker segment.
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.