penangproperty
Goodwood Residence — subsale mixed in Jalan Tun Dr. Awang, Bayan Lepas

Bayan Lepas · Subsale Market

Goodwood Residence 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.

Goodwood Residence is a completed freehold condominium in Bayan Lepas, Penang, completed in 2025 by Definite Harmony Development (WHH Land). It has 260 units. It launched from around RM 678K in 2020 — that is the launch price, not a current resale figure. WhatsApp Zac for live asking prices.

Price at a glance

Prices as at September 2026Developer launch prices basis. Last checked 2026-07-21. A negotiation floor, not what it trades at today.

Unit typeSize (sqft)Price fromPSF from
3+1BR1,250RM678,000~RM542
4BR1,450RM750,000~RM517

Available Listings

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

Ask Zac about availability

Why buy a Goodwood Residence 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 Goodwood Residence.

Established maintenance

Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.

How Goodwood Residence is priced within Bayan Lepas

RM400 psf≈RM465 psfRM750 psf

At roughly RM465 psf, Goodwood Residence sits toward the value end of Bayan Lepas's condo band (RM400–750 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.

Area gross yield

~5.2%

Typical for Bayan Lepas condos

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. 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 caveatsYour lawyer should run a full land search for caveats, charges or restrictions in interest before you release any deposit.
  3. 3.Genuine transacted comparablesAsk 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 positionModel your RPGT before you buy, not when you sell. Holding period changes the maths substantially, especially for foreign owners.
  5. 5.Vacant possession termsAgree 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 2026-07-21.

Asking fromRM678,000+
PSFRM465 – 580
Built-up1,075 – 1,250 sqft
Completed2025
Units260

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 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

Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Goodwood Residence:

View full Goodwood Residence 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 315KRM 1.2M

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.

Goodwood Residence subsale — common questions

What is the price of Goodwood Residence?

Goodwood Residence runs RM678,000 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 RM465–580 per square foot. Checked 2026-07-21.

Is Goodwood Residence freehold or leasehold?

Goodwood Residence is freehold. We do not hold the land title class on record — confirm it with the developer, because a commercial title changes your utility tariffs and loan margin.

Can a foreigner buy at Goodwood Residence?

Not at current prices. Penang Island sets a RM1,000,000 minimum for foreign buyers and no unit here clears it, so Goodwood Residence is open to Malaysian and PR buyers only.

When was Goodwood Residence completed?

Goodwood Residence completed in 2025, developed by Definite Harmony Development (WHH Land). Units here trade sub-sale.

How big are the units at Goodwood Residence?

Built-ups run 1,075 to 1,250 sq ft. There are 260 units 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 corridor.

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.

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