Tanjung Tokong · Subsale Market
Marinox Sky Villas Subsale — Tanjung Tokong, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
Marinox Sky Villas is a completed leasehold condominium in Tanjung Tokong, Penang, completed in 2016 by Masmayer Development Sdn. Bhd.. It has 301 units. Subsale asking prices currently run about RM623–1021 per sq ft, with the typical unit asking around RM 1.18M (from roughly RM 800K).
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 |
|---|---|---|---|
| All units | 1,260–2,966 | RM800,000 | RM623 |
Zac’s Take
Zac Ong
Marinox Sky Villas is leasehold, and in a part of Penang where most good buildings are freehold, that's the first thing to weigh.
What you get for it is space: homes of about 1,260 to 3,178 sq ft in a 301-home development completed in 2016, with asking prices of roughly RM800,000 to RM1.98M. Rents run about RM3,300 to RM5,500 a month.
Part of the lower price is simply what leasehold costs you when you sell, as fewer buyers look and banks get stricter as the lease runs down. It's a good fit if you're buying to live in for the long term, less so if you're counting on freehold-style resale gains.
Reviews and comparisons
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Marinox Sky Villas 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
Tanjung Tokong's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Marinox Sky Villas.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
How Marinox Sky Villas is priced within Tanjung Tokong
At roughly RM623 psf, Marinox Sky Villas sits toward the value end of Tanjung Tokong's condo band (RM550–1500 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.
vs NAPIC median
+6%
Area median RM589 psf (all residential)
Building age
10 years
Completed 2016
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.
What to inspect before you commit at Marinox Sky Villas
- 1.Internal pipes and electrical — For buildings past the ten-year mark, ask for a recent plumbing inspection. Full repiping is a five-figure cost you do not want to discover after VP.
- 2.Waterproofing and ceiling stains — Check bathroom floors, balcony thresholds and the ceiling directly under any upstairs wet area. Old stains that were painted over will reappear.
- 3.Lift modernisation status — Lifts have a service life. Ask whether modernisation has been done or is being planned — it is one of the largest special assessments a JMB can raise.
- 4.Original vs renovated layout — Confirm any structural alteration by a previous owner was approved. Unapproved hacking can complicate financing and your own future resale.
- 5.Actual unit orientation — Visit at the time of day you would normally be home. Afternoon west sun in Penang changes both comfort and your electricity bill.
Marinox Sky Villas price 2026
What Marinox Sky Villas trades at on the sub-sale market, last checked 2026-10-12.
| Asking from | RM800,000 – RM2.2M |
| PSF | RM623 – 1021 |
| Built-up | 1,260 – 2,966 sqft |
| Completed | 2016 |
| Units | 301 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
The building is 10 years old. Old enough that the sinking fund and the state of common property matter more than the finishes. Ask for the MC accounts and the last AGM minutes — arrears across the building are the number that predicts your future maintenance bill.
A foreign buyer can purchase here — the RM1M minimum is cleared by the larger units, though not at the entry price. Add the state levy, a flat 8% stamp duty and 3–4 months for state consent.
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.
Marinox Sky Villas for sale & for rent
Asking rents at Marinox Sky Villas ran from about RM3,300–5,500 a month in September–October 2026, for most homes; duplexes list higher. Rents depend on the floor, view and furnishing, so message Zac for what is actually available to buy or rent today.
Marinox Sky Villas key facts
- Developer
- Masmayer Development Sdn. Bhd.
- Area
- Tanjung Tokong, Penang
- Type
- condominium
- Tenure
- leasehold
- Completed
- 2016
- Total units
- 301
- Asking PSF
- RM623–1021
- Price from
- RM 800K
Tanjung Tokong — area snapshot
Full area guide →Tanjung Tokong is Penang Island's most active condo market, anchored by Straits Quay and home to a mix of expat and local upgrader demand. Low-density and ultra-luxury projects command significant premiums here.
Price range
RM 550K – RM 6.7M
asking prices in area
Active projects
3
selling or under construction
Subsale condos
24
completed projects
Total tracked
28
properties in this area
Other projects in Tanjung Tokong
All 27 others we track here, cheapest first — 3 of them still selling.
- The LandmarkRM550K
- The BrezzaRM567K
- The MegRM600K
- Eight & EightRM691K
- City of DreamsRM700K
- City ResidenceRM700K
- Crown PenangRM704K
- Jazz ResidenceRM720K
- Skyridge GardenRM720K
- Straits Quay Suites @ WatersideRM730K
- The TamarindRM780K
- Arica @ Andaman IslandRM800K
- 18 East at AndamanRM1.09M
- Vantage Desiran TanjungRM1.1M
- Fettes ResidenceRM1.14M
- Andaman @ QuaysideRM1.28M
- Ariza Seafront TerracesRM2.7M
- Acacia @ Seri Tanjung PinangRM3.2M
- Avalon @ Seri Tanjung PinangRM3.28M
- The PenthouseRM3.46M
- Andorra Skyloft TerracesRM3.88M
- AmarisRM3.99M
- CaspianRM4.6M
- SkyeRM6.38M
- Cayman Super Semi-DRM6.5M
- MartiniqueRM6.7M
- AbrezzaRM6.7M
Marinox Sky Villas subsale — common questions
What is the price of Marinox Sky Villas?
Marinox Sky Villas runs RM800,000 to RM2,200,000. These are verified sub-sale asking prices, not transacted figures — expect movement between the two. That works out to about RM623–1,021 per square foot. Checked 2026-10-12.
Is Marinox Sky Villas freehold or leasehold?
Marinox Sky Villas is leasehold. 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 Marinox Sky Villas?
Yes, on the larger units. Penang Island sets a RM1,000,000 minimum for foreign buyers of strata property, which the entry price does not clear. MM2H participants have a lower minimum of RM500,000 (residential, up to two homes), which opens the cheaper units too. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.
How much is the rent at Marinox Sky Villas?
Asking rents ran from RM3,300 to RM5,500 a month in September–October 2026, for most homes; duplexes list higher. 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 Marinox Sky Villas completed?
Marinox Sky Villas was completed in 2016 by Masmayer Development Sdn. Bhd., so homes here are bought from existing owners.
How big are the homes at Marinox Sky Villas?
Homes range from about 1,260 to 2,966 sq ft. There are 301 homes in total.
More on the neighbourhood:
Tanjung Tokong 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.