Georgetown · Subsale Market
Marina 129 Subsale — Georgetown, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
Marina 129 is a completed freehold condominium in Georgetown, Penang, completed in 2024 by Bintang Holdings Sdn. Bhd. (Low Yat Group). It has 274 units. Subsale asking prices currently run about RM930 per sq ft (from roughly RM 1.20M).
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Marina 129 subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Georgetown's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Marina 129.
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 Marina 129 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.
Marina 129 key facts
- Developer
- Bintang Holdings Sdn. Bhd. (Low Yat Group)
- Area
- Georgetown, Penang
- Type
- mixed
- Tenure
- freehold
- Completed
- 2024
- Total units
- 274
- Asking PSF
- RM930
- Price from
- RM 1.20M
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Marina 129:
View full Marina 129 profile →Georgetown — area snapshot
Full area guide →Georgetown is the UNESCO World Heritage City and Penang's urban core. Heritage shophouses and modern serviced suites coexist; buyer profiles range from heritage lovers to city professionals.
Price range
RM 73K – RM 2.9M
asking prices in area
Active projects
4
selling or under construction
Subsale condos
6
completed projects
Total tracked
11
properties in this area
Marina 129 subsale — common questions
Where is Marina 129 located?
Marina 129 is in Georgetown, Penang, developed by Bintang Holdings Sdn. Bhd. (Low Yat Group) and completed in 2024.
Is Marina 129 freehold or leasehold?
Marina 129 is freehold.
How much is a Marina 129 unit?
Subsale asking prices at Marina 129 start from roughly RM 1.20M (about RM930 psf), varying by floor, view and renovation. WhatsApp Zac for the current shortlist.
What's the typical asking price for a Marina 129 subsale unit?
Subsale asking prices at Marina 129 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 Marina 129 a good buy in the subsale market?
Marina 129 in Georgetown 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 Marina 129?
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 Marina 129 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 Marina 129 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:
Georgetown 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.