penangproperty

Bukit Mertajam · Subsale Market

Marc Residences Subsale — Bukit Mertajam, Penang

Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.

Marc Residences is a completed freehold condominium in Bukit Mertajam, Penang, completed in 2024 by Jayamas Property Group. It has 110 units. Subsale asking prices currently run about RM420 per sq ft (from roughly RM 560K).

Available Listings

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

Ask Zac about availability

Why buy a Marc Residences subsale (vs a new launch elsewhere)

Immediate occupancy

Move in within 3 months of SPA. No 36-month construction wait.

Verified surroundings

Bukit Mertajam's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Marc Residences.

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 Marc Residences SPA

  1. 1.Sinking fund health — confirm the current balance and whether any special assessment is pending in the next 12 months.
  2. 2.Last 3 maintenance billings — verify payment is up to date and there are no outstanding dues from the seller.
  3. 3.JMC minutes (last 12 months) — look for recurring complaints, structural concerns, or planned major works.
  4. 4.Common-area condition — physically walk the pool deck, lifts, lobbies, gym, and parking ramps. Photo anything concerning for negotiation leverage.
  5. 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.

Marc Residences key facts

Developer
Jayamas Property Group
Area
Bukit Mertajam, Penang
Tenure
freehold
Completed
2024
Total units
110
Asking PSF
RM420
Price from
RM 560K

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

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Bukit Mertajam — area snapshot

Full area guide →

Bukit Mertajam is the mainland's commercial and residential hub on the Penang Mainland, serving as a transit node between Butterworth and the northern/southern corridors.

Price range

RM 250KRM 1.2M

asking prices in area

Active projects

10

selling or under construction

Subsale condos

2

completed projects

Total tracked

14

properties in this area

Marc Residences subsale — common questions

Where is Marc Residences located?

Marc Residences is in Bukit Mertajam, Penang, developed by Jayamas Property Group and completed in 2024.

Is Marc Residences freehold or leasehold?

Marc Residences is freehold.

How much is a Marc Residences unit?

Subsale asking prices at Marc Residences start from roughly RM 560K (about RM420 psf), varying by floor, view and renovation. WhatsApp Zac for the current shortlist.

What's the typical asking price for a Marc Residences subsale unit?

Subsale asking prices at Marc Residences vary by unit floor, view, and renovation level. The most accurate current figures come from active listings — WhatsApp Zac for the live shortlist with prices and floor plans for available units.

Is Marc Residences a good buy in the subsale market?

Marc Residences in Bukit Mertajam is a completed building, which means immediate occupancy, verifiable neighbour quality, established maintenance fees, and a known JMC track record. The case for subsale here is no construction risk and a proven location — versus paying a new-launch premium for an unbuilt unit.

What should I check before signing a subsale SPA at Marc Residences?

Five things to verify: (1) sinking fund health and any pending special assessments, (2) last 3 maintenance billings and how strict collection is, (3) JMC meeting minutes for the last 12 months, (4) common-area condition (pool, lifts, lobbies), (5) structural age of internal pipes (especially for buildings 10+ years old). Ask the listing agent to provide these as part of the offer process.

Can foreigners buy a Marc Residences subsale unit?

Yes, subject to Penang state minimums (RM 1,000,000 for stratified properties on Penang Island; RM 600,000 on the mainland) and state consent (typically 2-4 months processing). MM2H holders are treated the same as other foreign buyers for property purchase rules.

How long does a subsale purchase at Marc Residences take?

Typical timeline: 2-3 weeks from offer acceptance to SPA signing, then 3 months to completion (90-day SPA period). Faster than a new launch because no construction wait. Plan for stamp duty + legal fees (~3-4% of purchase price) at completion.

More on the neighbourhood:

Bukit Mertajam area guide — schools, transport, PSF, lifestyle scorecard →

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