Sungai Ara · Subsale Market
Imperial Grande Subsale — Sungai Ara, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
Imperial Grande is a completed freehold condominium in Sungai Ara, Penang, completed in 2021 by Modular Platinum (Ideal Property Group). It has 938 units. Subsale asking prices currently run about RM482–650 per sq ft (from roughly RM 515K).
Price at a glance
Prices as at November 2026 — Subsale asking prices basis. Last checked 2026-10-12.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| 3BR | 1,000 | RM528,000 | ~RM528 |
Zac’s Take
Zac Ong
Imperial Grande is Ideal Property Group's freehold condominium in Sungai Ara: 938 homes plus 65 shop offices, completed in January 2021. Both layouts are three-bedroom units of about 1,000 sq ft.
It launched from about RM475,000, and 2026 listings ran from about RM515,000 to RM700,000.
With one size of home and nearly a thousand units, you'll compete with many similar listings when you sell or let, so floor, view and condition decide the price. It's below the island's RM1M foreign-buyer minimum.
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy an Imperial Grande 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
Sungai Ara's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Imperial Grande.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
How Imperial Grande is priced within Sungai Ara
At roughly RM482 psf, Imperial Grande sits toward the value end of Sungai Ara's condo band (RM440–590 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
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.
The Imperial Grande 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.
Imperial Grande price 2026
What Imperial Grande trades at on the sub-sale market, last checked 2026-10-12.
| Asking from | RM515,000 – RM700,000 |
| PSF | RM482 – 650 |
| Built-up | 1,000 – 1,100 sqft |
| Completed | 2021 |
| Units | 938 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
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.
Imperial Grande for sale & for rent
Asking rents at Imperial Grande ran from about RM1,500–2,500 a month in September–October 2026, for three-bedroom homes of about 1,000 sq ft. Rents depend on the floor, view and furnishing, so message Zac for what is actually available to buy or rent today.
Imperial Grande key facts
- Developer
- Modular Platinum (Ideal Property Group)
- Area
- Sungai Ara, Penang
- Type
- mixed
- Tenure
- freehold
- Completed
- 2021
- Total units
- 938
- Asking PSF
- RM482–650
- Price from
- RM 515K
Sungai Ara — area snapshot
Full area guide →Sungai Ara is a mid-island residential area south of Bayan Lepas with a growing condo market. Well-connected to the airport and FTZ.
Price range
RM 378K – RM 1.9M
asking prices in area
Active projects
0
selling or under construction
Subsale condos
7
completed projects
Total tracked
8
properties in this area
Other projects in Sungai Ara
All 7 others we track here, cheapest first — all trading sub-sale.
- Fairview ResidenceRM378K
- TreeORM395K
- Skycube ResidenceRM446K
- SenzVillesRM500K
- Setia PinnacleRM540K
- Isle of Palm @ Setia Pearl IslandRM980K
- Casa Rica @ Setia GreensRM1.9M
Imperial Grande subsale — common questions
What is the price of Imperial Grande?
Imperial Grande runs RM515,000 to RM700,000. These are verified sub-sale asking prices, not transacted figures — expect movement between the two. That works out to about RM482–650 per square foot. Checked 2026-10-12.
Is Imperial Grande freehold or leasehold?
Imperial Grande 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 Imperial Grande?
Yes, if you are on MM2H. MM2H participants can buy residential property in Penang from RM500,000 (up to two homes), and Imperial Grande 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 Imperial Grande?
Asking rents ran from RM1,500 to RM2,500 a month in September–October 2026, for three-bedroom homes of about 1,000 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 Imperial Grande completed?
Imperial Grande was completed in 2021 by Modular Platinum (Ideal Property Group), so homes here are bought from existing owners.
How big are the homes at Imperial Grande?
Homes range from about 1,000 to 1,100 sq ft. There are 938 homes in total. With that many, expect plenty of similar units on the market when you come to sell.
What is the scale of Imperial Grande?
938 homes plus 65 shop offices, one of the larger developments in Sungai Ara.
More on the neighbourhood:
Sungai Ara 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.