Bayan Lepas · Subsale Market
One Foresta Subsale — Bayan Lepas, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
One Foresta is a completed freehold condominium in Bayan Lepas, Penang, completed in 2019 by Ideal Property Group. It has 2685 units. Subsale asking prices start from roughly RM 395K.
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 | 900 | RM395,000 | ~RM439 |
Zac’s Take
Zac Ong
One layout, 900 sqft, repeated 2,685 times. That is the honest description of what is on offer at Lengkok Kelicap. Ideal Property Group completed the freehold development in 2019, and 2026 listings ran from about RM395,000 to RM535,000. When every unit in a scheme this large is identical, price becomes the only variable a buyer or tenant can compare, so listings undercut each other and a seller's negotiating position is weak by design; assume you are one of many and price with that in mind from day one. Set against that, the fundamentals are real enough. Freehold, a 2019 building and Bayan Lepas employment on the doorstep keep the tenant pipeline filled even while rent stays capped. Pricing this far beneath RM1,000,000 places it outside foreign-buyer reach entirely, so it is a Malaysian and PR asset. Workable as a yield play bought at a disciplined price. Look elsewhere if you want capital appreciation, or anything resembling exclusivity.
Reviews and comparisons
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy an One Foresta 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
Bayan Lepas's noise levels, traffic, neighbour mix, and JMC quality are known quantities at One Foresta.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
How One Foresta is priced within Bayan Lepas
At roughly RM439 psf, One Foresta sits toward the value end of Bayan Lepas's condo band (RM440–1100 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
7 years
Completed 2019
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.
5 things to check before signing the One Foresta SPA
- 1.Sinking fund health — Confirm the current balance and whether any special assessment is pending in the next 12 months. A thin sinking fund on an ageing building means you inherit the bill.
- 2.Last 3 maintenance billings — Verify payment is up to date and no dues are outstanding from the seller — arrears transfer with the unit, not the person.
- 3.JMC minutes (last 12 months) — Look for recurring complaints, structural concerns, or planned major works. This is the single most revealing document most buyers never ask for.
- 4.Common-area condition — Physically walk the pool deck, lifts, lobbies, gym and parking ramps. Photograph anything concerning — it is negotiation leverage.
- 5.Management track record — Ask who manages the building and how long they have held the contract. Frequent turnover of managing agents usually signals a difficult JMB.
One Foresta price 2026
What One Foresta trades at on the sub-sale market, last checked 2026-10-12.
| Asking from | RM395,000 – RM535,000 |
| Built-up | 900 sqft |
| Completed | 2019 |
| Units | 2,685 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
The building is 7 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.
One Foresta for sale & for rent
Asking rents at One Foresta ran from about RM1,500–1,800 a month in September–October 2026, for three-bedroom homes of about 900 sq ft. Rents depend on the floor, view and furnishing, so message Zac for what is actually available to buy or rent today.
One Foresta key facts
- Developer
- Ideal Property Group
- Area
- Bayan Lepas, Penang
- Type
- condominium
- Tenure
- freehold
- Completed
- 2019
- Total units
- 2685
- Price from
- RM 395K
Bayan Lepas — area snapshot
Full area guide →Bayan Lepas is the island's industrial and tech hub, home to the Free Trade Zone and Penang International Airport. Condo demand comes primarily from professionals working in the area.
Price range
RM 315K – RM 930K
asking prices in area
Active projects
5
selling or under construction
Subsale condos
9
completed projects
Total tracked
15
properties in this area
Other projects in Bayan Lepas
All 14 others we track here, cheapest first — 5 of them still selling.
- Tropicana Bay ResidencesRM315K
- Avion ResidenceRM342K
- London PavilionRM418K
- Forest VilleRM420K
- Havana Beach ResidencesRM450K
- Maldives ResidencesRM498K
- Solaria ResidencesRM500K
- Tree SparinaRM540K
- SummerSkye ResidencesRM597K
- Lucerne ResidencesRM599K
- The AmareneRM620K
- Goodwood ResidenceRM678K
- SENZE @ PICCRM705K
- Tierra ResidencesRM930K
One Foresta subsale — common questions
What is the price of One Foresta?
One Foresta runs RM395,000 to RM535,000. These are verified sub-sale asking prices, not transacted figures — expect movement between the two. Checked 2026-10-12.
Is One Foresta freehold or leasehold?
One Foresta 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 One Foresta?
Yes, if you are on MM2H. MM2H participants can buy residential property in Penang from RM500,000 (up to two homes), and One Foresta 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 One Foresta?
Asking rents ran from RM1,500 to RM1,800 a month in September–October 2026, for three-bedroom homes of about 900 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 One Foresta completed?
One Foresta was completed in 2019 by Ideal Property Group, so homes here are bought from existing owners.
How big are the homes at One Foresta?
Homes range from about 900 sq ft. There are 2,685 homes in total. With that many, expect plenty of similar units on the market when you come to sell.
More on the neighbourhood:
Bayan Lepas 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.