Thean Teik Highway · Subsale Market
Shineville Park Subsale — Thean Teik Highway, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
Shineville Park is a completed freehold condominium in Thean Teik Highway, Penang, completed in 2014 by Jiran Bina Sdn. Bhd. (OHM Group). It has 299 units. Subsale asking prices currently run about RM291–375 per sq ft (from roughly RM 490K).
Price at a glance
Prices as at November 2026 — Subsale asking prices basis. Last checked 2026-10-04.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 1,300–3,350 | RM490,000 | RM291 |
Zac’s Take
Zac Ong
Shineville Park offers more space for the money than almost anywhere else on the island. It's a single 40-storey freehold tower of 299 homes on Lebuhraya Thean Teik, by the OHM Group, completed in 2014, with most homes being four-bedroom units of about 1,593 to 1,650 sq ft.
Listings run from around RM490,000 to RM1.2M, with typical four-bedroom homes at about RM510,000–590,000. That's roughly RM300–350 per sq ft, far below the island average.
The low price reflects the location, inland in Ayer Itam rather than near the coast, so it suits families who value space and work nearby. Only the largest units approach the RM1M foreign-buyer minimum.
Reviews and comparisons
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Shineville Park 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
Thean Teik Highway's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Shineville Park.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
How Shineville Park is priced within Thean Teik Highway
At roughly RM291 psf, Shineville Park sits toward the value end of Thean Teik Highway's condo band (RM291–662 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
12 years
Completed 2014
This band is derived from the 4 tracked condo projects we hold PSF data for in Thean Teik Highway — indicative only, not a published transaction range. Compare against the Penang Price Index for areas with fuller benchmark data. 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 Shineville Park
- 1.Internal pipes and electrical — 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 — 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 — Lifts have a service life. Ask whether modernisation has been done or is being planned — it is one of the largest special assessments a JMB can raise.
- 4.Original vs renovated layout — Confirm any structural alteration by a previous owner was approved. Unapproved hacking can complicate financing and your own future resale.
- 5.Actual unit orientation — Visit at the time of day you would normally be home. Afternoon west sun in Penang changes both comfort and your electricity bill.
Shineville Park price 2026
What Shineville Park trades at on the sub-sale market, last checked 2026-10-04.
| Asking from | RM490,000 – RM1.2M |
| PSF | RM291 – 375 |
| Built-up | 1,300 – 3,350 sqft |
| Completed | 2014 |
| Units | 299 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
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 — arrears across the building are the number that predicts your future maintenance bill.
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.
Shineville Park for sale & for rent
Looking to buy or rent a unit in Shineville Park? 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.
Shineville Park key facts
- Developer
- Jiran Bina Sdn. Bhd. (OHM Group)
- Area
- Thean Teik Highway, Penang
- Type
- condominium
- Tenure
- freehold
- Completed
- 2014
- Total units
- 299
- Asking PSF
- RM291–375
- Price from
- RM 490K
Thean Teik Highway — area snapshot
Price range
RM 660K – RM 660K
asking prices in area
Active projects
0
selling or under construction
Subsale condos
1
completed projects
Total tracked
2
properties in this area
Other projects in Thean Teik Highway
Other projects in Thean Teik Highway
The only other project we track here.
Shineville Park subsale — common questions
What is the price of Shineville Park?
Shineville Park runs RM490,000 to RM1,200,000. These are verified sub-sale asking prices, not transacted figures — expect movement between the two. That works out to about RM291–375 per square foot. Checked 2026-10-04.
Is Shineville Park freehold or leasehold?
Shineville Park 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 Shineville Park?
Yes, on the larger units. Penang Island sets a RM1,000,000 minimum for foreign buyers of strata property, which the entry price does not clear. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.
When was Shineville Park completed?
Shineville Park was completed in 2014 by Jiran Bina Sdn. Bhd. (OHM Group), so homes here are bought from existing owners.
How big are the homes at Shineville Park?
Homes range from about 1,300 to 3,350 sq ft. There are 299 homes in total.
Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.