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Paya Terubong · Subsale Market

Terubong Avenue Subsale — Paya Terubong, Penang

Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.

Terubong Avenue is a completed leasehold condominium in Paya Terubong, Penang, completed in 2023 by Patsifit Construction Sdn. Bhd.. It has 30 units. Subsale asking prices currently run about RM972 per sq ft (from roughly RM 1.46M). Note: it sits on commercial title, so utilities may be billed at commercial rates.

Available Listings

No listings currently on file. Zac may have off-market units available.

Ask Zac about availability

Why buy a Terubong Avenue subsale (vs a new launch elsewhere)

Immediate occupancy

Move in within 3 months of SPA. No 36-month construction wait.

Verified surroundings

Paya Terubong's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Terubong Avenue.

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 Terubong Avenue SPA

  1. 1.Sinking fund health — confirm the current balance and whether any special assessment is pending in the next 12 months.
  2. 2.Last 3 maintenance billings — verify payment is up to date and there are no outstanding dues from the seller.
  3. 3.JMC minutes (last 12 months) — look for recurring complaints, structural concerns, or planned major works.
  4. 4.Common-area condition — physically walk the pool deck, lifts, lobbies, gym, and parking ramps. Photo anything concerning for negotiation leverage.
  5. 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.

Terubong Avenue key facts

Developer
Patsifit Construction Sdn. Bhd.
Area
Paya Terubong, Penang
Type
mixed
Tenure
leasehold · commercial
Completed
2023
Total units
30
Asking PSF
RM972
Price from
RM 1.46M

Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Terubong Avenue:

View full Terubong Avenue profile →

Paya Terubong — area snapshot

Price range

RM 200KRM 900K

asking prices in area

Active projects

1

selling or under construction

Subsale condos

1

completed projects

Total tracked

4

properties in this area

Terubong Avenue subsale — common questions

Where is Terubong Avenue located?

Terubong Avenue is in Paya Terubong, Penang, developed by Patsifit Construction Sdn. Bhd. and completed in 2023.

Is Terubong Avenue freehold or leasehold?

Terubong Avenue is leasehold with commercial title.

How much is a Terubong Avenue unit?

Subsale asking prices at Terubong Avenue start from roughly RM 1.46M (about RM972 psf), varying by floor, view and renovation. WhatsApp Zac for the current shortlist.

What's the typical asking price for a Terubong Avenue subsale unit?

Subsale asking prices at Terubong Avenue 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 Terubong Avenue a good buy in the subsale market?

Terubong Avenue in Paya Terubong 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 Terubong Avenue?

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 Terubong Avenue 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 Terubong Avenue 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.

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