Gelugor Β· Subsale Market
Pearl Regency Subsale β Gelugor, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
Pearl Regency is a completed freehold condominium in Gelugor, Penang, completed in 2014 by IJM Land. It has 187 units. It launched from around RM 723K in 2011 β that is the launch price, not a current resale figure. WhatsApp Zac for live asking prices.
Price at a glance
Prices as at September 2026 β Developer launch prices basis. Last checked 2026-07-20. A negotiation floor, not what it trades at today.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 1,313β1,625 | RM723,000 | RM550 |
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Pearl Regency subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Gelugor's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Pearl Regency.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
How Pearl Regency is priced within Gelugor
At roughly RM550 psf, Pearl Regency sits toward the value end of Gelugor's condo band (RM480β1874 psf). That usually reflects building age, floor level, or distance from the area's prime frontage β worth checking which, because the first two are negotiable and the third is not.
Area gross yield
~5%
Typical for Gelugor condos
Building age
12 years
Completed 2014
PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data β 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 Pearl Regency
- 1.Internal pipes and electrical β 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 β 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 β Lifts have a service life. Ask whether modernisation has been done or is being planned β it is one of the largest special assessments a JMB can raise.
- 4.Original vs renovated layout β Confirm any structural alteration by a previous owner was approved. Unapproved hacking can complicate financing and your own future resale.
- 5.Actual unit orientation β Visit at the time of day you would normally be home. Afternoon west sun in Penang changes both comfort and your electricity bill.
Pearl Regency price 2026
What Pearl Regency trades at on the sub-sale market, last checked 2026-07-20.
| Asking from | RM723,000+ |
| PSF | RM550 β 600 |
| Built-up | 1,313 β 1,625 sqft |
| Completed | 2014 |
| Units | 187 |
Developer launch price. This is what the developer charged at launch, not what the building trades at today. Treat it as a floor for negotiation, not a guide to current value.
The building is 12 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 β arrears across the building are the number that predicts your future maintenance bill.
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 β and if you are near the five-to-six-year line, the date matters more than the price.
Pearl Regency for sale & for rent
Looking to buy or rent a unit in Pearl Regency? Asking prices and rents move with the market and with the specific unit β floor, facing, condition β so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.
Pearl Regency key facts
- Developer
- IJM Land
- Area
- Gelugor, Penang
- Type
- condominium
- Tenure
- freehold
- Completed
- 2014
- Total units
- 187
- Asking PSF
- RM550β600
- Price from
- RM 723K
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Pearl Regency:
View full Pearl Regency profile βGelugor β area snapshot
Full area guide βGelugor is a central island location close to USM and the Light Waterfront. Infrastructure is established, and The Light Waterfront development has lifted profile significantly.
Price range
RM 550K β RM 2.0M
asking prices in area
Active projects
6
selling or under construction
Subsale condos
5
completed projects
Total tracked
12
properties in this area
Other projects in Gelugor
All 11 others we track here, cheapest first β 6 of them still selling.
- Zen6RM550K
- Merione GrandRM693K
- STARK TowerRM700K
- Keeperz SuitesRM844K
- Middleton @ Minden HeightsRM861K
- The LighthauzRM890K
- Mezzo @ The Light CityRM900K
- Merione ResidencesRM1.42M
- The Light Collection IVRM1.73M
- Vilaris Courtyard HomesRM1.99M
- Lightwater ResidencesRM2.05M
Pearl Regency subsale β common questions
What is the price of Pearl Regency?
Pearl Regency runs RM723,000 and up. That is the developer launch price, not what the building trades at today. Treat it as a floor for negotiation. That works out to about RM550β600 per square foot. Checked 2026-07-20.
Is Pearl Regency freehold or leasehold?
Pearl Regency is freehold. We do not hold the land title class on record β confirm it with the developer, because a commercial title changes your utility tariffs and loan margin.
Can a foreigner buy at Pearl Regency?
Not at current prices. Penang Island sets a RM1,000,000 minimum for foreign buyers and no unit here clears it, so Pearl Regency is open to Malaysian and PR buyers only.
When was Pearl Regency completed?
Pearl Regency completed in 2014, developed by IJM Land. Units here trade sub-sale.
How big are the units at Pearl Regency?
Built-ups run 1,313 to 1,625 sq ft. There are 187 units in total.
More on the neighbourhood:
Gelugor area guide β schools, transport, PSF, lifestyle scorecard βSubstitutes worth comparing
Open full comparison βSame area family, same property type, similar price band β what most buyers actually cross-shop.