Teluk Kumbar · Subsale Market
One Tree Hill Residence Subsale — Teluk Kumbar, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
One Tree Hill Residence is a completed freehold landed development in Teluk Kumbar, Penang, completed in 2021 by GTM Group. It has 17 units. Subsale asking prices currently run about RM519 per sq ft (from roughly RM 980K).
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a One Tree Hill Residence subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Teluk Kumbar's noise levels, traffic, neighbour mix, and JMC quality are known quantities at One Tree Hill Residence.
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 One Tree Hill Residence 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.
One Tree Hill Residence key facts
- Developer
- GTM Group
- Area
- Teluk Kumbar, Penang
- Type
- landed
- Tenure
- freehold · residential
- Completed
- 2021
- Total units
- 17
- Asking PSF
- RM519
- Price from
- RM 980K
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on One Tree Hill Residence:
View full One Tree Hill Residence profile →Teluk Kumbar — area snapshot
Full area guide →Price range
RM 300K – RM 895K
asking prices in area
Active projects
3
selling or under construction
Subsale condos
3
completed projects
Total tracked
7
properties in this area
One Tree Hill Residence subsale — common questions
Where is One Tree Hill Residence located?
One Tree Hill Residence is in Teluk Kumbar, Penang, developed by GTM Group and completed in 2021.
Is One Tree Hill Residence freehold or leasehold?
One Tree Hill Residence is freehold with residential title.
How much is a One Tree Hill Residence unit?
Subsale asking prices at One Tree Hill Residence start from roughly RM 980K (about RM519 psf), varying by floor, view and renovation. WhatsApp Zac for the current shortlist.
What's the typical asking price for a One Tree Hill Residence subsale unit?
Subsale asking prices at One Tree Hill Residence 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 One Tree Hill Residence a good buy in the subsale market?
One Tree Hill Residence in Teluk Kumbar 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 One Tree Hill Residence?
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 One Tree Hill Residence 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 One Tree Hill Residence 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:
Teluk Kumbar area guide — schools, transport, PSF, lifestyle scorecard →