Pulau Tikus · Subsale Market
Moulmein Rise Subsale — Pulau Tikus, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
Moulmein Rise is a completed freehold condominium in Pulau Tikus, Penang, completed in 2016 by Belleview Group. It has 84 units. Subsale asking prices currently run about RM1400–1600 per sq ft (from roughly RM 2.40M). Note: it sits on commercial title, so utilities may be billed at commercial rates.
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Moulmein Rise subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Pulau Tikus's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Moulmein Rise.
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 Moulmein Rise 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.
Moulmein Rise key facts
- Developer
- Belleview Group
- Area
- Pulau Tikus, Penang
- Type
- mixed
- Tenure
- freehold · commercial
- Completed
- 2016
- Total units
- 84
- Asking PSF
- RM1400–1600
- Price from
- RM 2.40M
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Moulmein Rise:
View full Moulmein Rise profile →Pulau Tikus — area snapshot
Full area guide →Pulau Tikus is a mature, low-rise residential neighbourhood favoured for its quiet streets and proximity to international schools. Low new supply makes completed units here relatively scarce.
Price range
RM 500K – RM 4.1M
asking prices in area
Active projects
0
selling or under construction
Subsale condos
6
completed projects
Total tracked
8
properties in this area
Moulmein Rise subsale — common questions
How much is Moulmein Rise Pulau Tikus per square foot?
PSF starts around RM1,400 indicative on subsale. From RM2.4M for the larger 1,400-1,800 sqft 3-bed units. Live transactions vary by floor and renovation condition.
Is Moulmein Rise freehold?
Yes — freehold tenure with commercial land title. Commercial title affects loan margin (typically 70-80% vs 85-90% for residential title) and stamp duty calculation; size your equity accordingly.
How many units are at Moulmein Rise Penang?
Boutique 84 units total — one of the lower-density premium high-rises in Pulau Tikus, which is part of the appeal versus 300-500-unit alternatives nearby.
Is Moulmein Rise a good investment in 2026?
For capital preservation in the most established premium central address on Penang Island, yes. For pure yield, no — Pulau Tikus PSF doesn't support 6%+ gross. The case is location quality plus low-density living.
What is the subsale price for Moulmein Rise?
From approximately RM2.4M for 1,400+ sqft 3-bed units, scaling with floor and view. Verify current asking and recent transacted comparables before making an offer.
More on the neighbourhood:
Pulau Tikus 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.