Bayan Mutiara · Subsale Market
QuayWest Residence Subsale — Bayan Mutiara, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
QuayWest Residence is a completed freehold condominium in Bayan Mutiara, Penang, completed in 2022 by Asia Green Group. It has 1235 units. Subsale asking prices currently run about RM578–816 per sq ft (from roughly RM 620K). Note: it sits on commercial title, so utilities may be billed at commercial rates.
Price at a glance
Prices as at September 2026 — Subsale asking prices basis. Last checked 2026-08-12.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 760–1,819 | RM620,000 | RM578 |
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a QuayWest Residence subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Bayan Mutiara's noise levels, traffic, neighbour mix, and JMC quality are known quantities at QuayWest Residence.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
How QuayWest Residence is priced within Bayan Mutiara
At roughly RM578 psf, QuayWest Residence sits toward the value end of Bayan Mutiara's condo band (RM611–883 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.
Area gross yield
~4%
Typical for Bayan Mutiara condos
Building age
4 years
Completed 2022
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.
Before you sign at QuayWest Residence — the commercial-title checks
- 1.Utility tariff in practice — Commercial title usually means commercial TNB and water rates. Ask current owners what they actually pay monthly, not what the brochure implies.
- 2.Financing margin — Some banks cap loan-to-value lower on commercial-title residential units. Get an in-principle approval before you pay a booking fee.
- 3.Short-stay house rules — Serviced-apartment does not automatically mean Airbnb is allowed. Read the current house rules — management can and does restrict short-stay letting.
- 4.Resale buyer pool — Commercial title narrows who can buy from you later. Make sure the entry price reflects that, not just the location.
- 5.Maintenance rate per sq ft — Compare the psf maintenance charge against nearby residential-title blocks. On big units the annual gap is meaningful.
QuayWest Residence price 2026
What QuayWest Residence trades at on the sub-sale market, last checked 2026-08-12.
| Asking from | RM620,000 – RM1.36M |
| PSF | RM578 – 816 |
| Built-up | 760 – 1,819 sqft |
| Completed | 2022 |
| Units | 1,235 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
The building is 4 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.
A foreign buyer can purchase here — the RM1M minimum is cleared by the larger units, though not at the entry price. Add the state levy, a flat 8% stamp duty and 3–4 months for state consent.
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.
QuayWest Residence for sale & for rent
Looking to buy or rent a unit in QuayWest Residence? Asking prices and rents move with the market and with the specific unit — floor, facing, condition — so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.
QuayWest Residence key facts
- Developer
- Asia Green Group
- Area
- Bayan Mutiara, Penang
- Type
- condominium
- Tenure
- freehold · commercial
- Completed
- 2022
- Total units
- 1235
- Asking PSF
- RM578–816
- Price from
- RM 620K
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on QuayWest Residence:
View full QuayWest Residence profile →Bayan Mutiara — area snapshot
Full area guide →Price range
RM 414K – RM 600K
asking prices in area
Active projects
2
selling or under construction
Subsale condos
1
completed projects
Total tracked
4
properties in this area
Other projects in Bayan Mutiara
Other projects in Bayan Mutiara
All 3 others we track here, cheapest first — 2 of them still selling.
- Bayan SuiteRM414K
- The ZenRM453K
- The PierRM600K
QuayWest Residence subsale — common questions
What is the price of QuayWest Residence?
QuayWest Residence runs RM620,000 to RM1,360,000. These are verified sub-sale asking prices, not transacted figures — expect movement between the two. That works out to about RM578–816 per square foot. Checked 2026-08-12.
Is QuayWest Residence freehold or leasehold?
QuayWest Residence is freehold, on a commercial title. Those are two separate facts and only the first usually appears in marketing. A commercial title means commercial utility and assessment tariffs, and a tighter loan margin at most banks.
Can a foreigner buy at QuayWest Residence?
Yes, on the larger units. Penang Island sets a RM1,000,000 minimum for foreign buyers, which the entry price does not clear. Add a state levy, a flat 8% stamp duty, and 3–4 months for state consent.
When was QuayWest Residence completed?
QuayWest Residence completed in 2022, developed by Asia Green Group. Units here trade sub-sale.
How big are the units at QuayWest Residence?
Built-ups run 760 to 1,819 sq ft. There are 1,235 units in total. At that density, expect to compete with a lot of near-identical units when you sell.
Who developed QuayWest Residence?
QuayWest Residence was developed by Asia Green Group.
More on the neighbourhood:
Bayan Mutiara 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.