Tanjung Bungah Β· Subsale Market
Pearl View Condominium Subsale β Tanjung Bungah, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
Pearl View Condominium is a completed freehold condominium in Tanjung Bungah, Penang, completed in 1998 by Palmex Industries (IOI Group). It has 90 units. Subsale asking prices currently run about RM560 per sq ft (from roughly RM 780K).
Price at a glance
Prices as at September 2026 β Subsale asking prices basis. Last checked 2026-09-11.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| 3 Bedroom Β· 3-Bedroom β 1,400-1,450 sqft | 1,400β1,450 | RM780,000 | ~RM538 |
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Pearl View Condominium subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Tanjung Bungah's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Pearl View Condominium.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
How Pearl View Condominium is priced within Tanjung Bungah
At roughly RM560 psf, Pearl View Condominium sits toward the value end of Tanjung Bungah's condo band (RM513β1065 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.
vs NAPIC median
+10%
Area median RM510 psf (all residential)
Area gross yield
~4.5%
Typical for Tanjung Bungah condos
Building age
28 years
Completed 1998
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 View Condominium
- 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 View Condominium price 2026
What Pearl View Condominium trades at on the sub-sale market, last checked 2026-09-11.
| Asking from | RM780,000 β RM810,000 |
| PSF | RM560 |
| Built-up | 1,400 β 1,450 sqft |
| Completed | 1998 |
| Units | 90 |
Verified sub-sale asking prices. Asking is not transacted β expect movement between the two.
What it actually sold for. Asking RM780,000β810,000 at a median RM560 psf. Both the 1,400 and 1,450 sqft layouts transact at the same rate, so the larger unit is the better value per foot.
The building is 28 years old. At this age the questions are the sinking fund, whether the management corporation has done a major refurbishment, and how much lift and waterproofing work is still ahead. Ask for two years of MC accounts before you offer.
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 View Condominium for sale & for rent
Looking to buy or rent a unit in Pearl View Condominium? 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 View Condominium key facts
- Developer
- Palmex Industries (IOI Group)
- Area
- Tanjung Bungah, Penang
- Type
- condominium
- Tenure
- freehold Β· residential
- Completed
- 1998
- Total units
- 90
- Asking PSF
- RM560
- Price from
- RM 780K
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Pearl View Condominium:
View full Pearl View Condominium profile βTanjung Bungah β area snapshot
Full area guide βTanjung Bungah offers seafront living with relatively more space than Gurney Drive. It attracts buyers who want proximity to the beach corridor without being in the dense city fringe.
Price range
RM 397K β RM 4.4M
asking prices in area
Active projects
1
selling or under construction
Subsale condos
13
completed projects
Total tracked
15
properties in this area
Other projects in Tanjung Bungah
All 14 others we track here, cheapest first β 1 of them still selling.
- Granito @ PermaiRM397K
- Grand OceanRM550K
- Surin CondominiumRM600K
- Alila HorizonsRM700K
- Mira ResidenceRM1.07M
- Horizon TowerRM1.1M
- WaterstoneRM1.29M
- Alila 2RM1.68M
- NinetenRM2.5M
- The Cove CondominiumRM2.7M
- Infinity BeachfrontRM2.7M
- 1 TanjongRM3.6M
- Springtide ResidencesRM3.8M
- SkyhomeRM4.39M
Pearl View Condominium subsale β common questions
What is the price of Pearl View Condominium?
Asking RM780,000β810,000 at a median RM560 psf. Both the 1,400 and 1,450 sqft layouts transact at the same rate, so the larger unit is the better value per foot.
Is Pearl View Condominium freehold or leasehold?
Pearl View Condominium is freehold, on a residential title. Those are two separate facts and only the first usually appears in marketing.
Can a foreigner buy at Pearl View Condominium?
Not at current prices. Penang Island sets a RM1,000,000 minimum for foreign buyers and no unit here clears it, so Pearl View Condominium is open to Malaysian and PR buyers only.
When was Pearl View Condominium completed?
Pearl View Condominium completed in 1998, developed by Palmex Industries (IOI Group). Units here trade sub-sale.
How big are the units at Pearl View Condominium?
Built-ups run 1,400 to 1,450 sq ft. There are 90 units in total.
More on the neighbourhood:
Tanjung Bungah 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.