Paya Terubong · Subsale Market
Terubong Avenue Subsale — Paya Terubong, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
Terubong Avenue is a completed leasehold condominium in Paya Terubong, Penang, completed in 2023 by Patsifit Construction Sdn. Bhd.. It has 30 units. It launched from around RM 1.46M in 2022 — that is the launch price, not a current resale figure. WhatsApp Zac for live asking prices. Note: it sits on commercial title, so utilities may be billed at commercial rates.
Price at a glance
Prices as at November 2026 — Developer launch prices basis. Last checked 2026-10-09. A negotiation floor, not what it trades at today.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 2,347 | RM1.458M | RM621 |
Zac’s Take
Zac Ong
Two things sit on the title here and both need settling before anything else: it is leasehold, and the land use is commercial. Commercial title means commercial utility tariffs and assessment rates, and banks typically lend at a tighter margin, so budget a larger deposit than a residential-titled equivalent would need. What you get in exchange is unusual for Penang Island — thirty units in the whole development, 2,347 sqft at the smallest layout, and RM621 psf, well under what Paya Terubong normally asks. My read is that this works for someone who wants genuine space and almost no neighbours, buying cash or going in clear-eyed about the loan margin. It does not suit a buyer stretching to the maximum financing, anyone who needs residential-rate utilities, or a family set on a title they can hold forever.
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Terubong Avenue 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
Paya Terubong's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Terubong Avenue.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
How Terubong Avenue is priced within Paya Terubong
At roughly RM621 psf, Terubong Avenue prices toward the upper end of Paya Terubong's condo band (RM320–621 psf). Expect to justify that with something concrete: sea view, low density, branded management, or a genuinely superior position within the area.
Building age
3 years
Completed 2023
This band is derived from the 3 tracked condo projects we hold PSF data for in Paya Terubong — 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.
The Terubong Avenue pre-purchase checklist
- 1.Remaining lease (if leasehold) — Ask for the exact expiry year. Banks tighten lending as the remaining term shortens, which affects both your loan and your future buyer's.
- 2.Outstanding charges and caveats — Your lawyer should run a full land search for caveats, charges or restrictions in interest before you release any deposit.
- 3.Genuine transacted comparables — Ask for recent transacted prices in the same block, not asking prices. Asking prices tell you what sellers hope for, not what the market pays.
- 4.Exit tax position — Model your RPGT before you buy, not when you sell. Holding period changes the maths substantially, especially for foreign owners.
- 5.Vacant possession terms — Agree in writing what stays — air-conditioners, built-ins, curtains, lights. Fixture disputes at handover are entirely avoidable.
Terubong Avenue price 2026
What Terubong Avenue trades at on the sub-sale market, last checked 2026-10-09.
| Asking from | RM1.46M+ |
| PSF | RM621 |
| Built-up | 2,347 sqft |
| Completed | 2023 |
| Units | 30 |
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.
Recent prices. Launch price. No independent current listings found in October 2026.
The building is 3 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. 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.
Terubong Avenue for sale & for rent
Looking to buy or rent a unit in Terubong Avenue? 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.
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
- RM621
- Price from
- RM 1.46M
Paya Terubong — area snapshot
Full area guide →Price range
RM 200K – RM 590K
asking prices in area
Active projects
1
selling or under construction
Subsale condos
1
completed projects
Total tracked
4
properties in this area
Other projects in Paya Terubong
Other projects in Paya Terubong
All 3 others we track here, cheapest first — 1 of them still selling.
- The SkylineRM200K
- The DewRM320K
- Eco TerracesRM590K
Terubong Avenue subsale — common questions
What is the price of Terubong Avenue?
Launch price. No independent current listings found in October 2026.
Is Terubong Avenue freehold or leasehold?
Terubong Avenue is leasehold, 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 Terubong Avenue?
Yes. Penang Island sets a RM1,000,000 minimum for foreign buyers of strata property. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.
When was Terubong Avenue completed?
Terubong Avenue was completed in 2023 by Patsifit Construction Sdn. Bhd., so homes here are bought from existing owners.
How big are the homes at Terubong Avenue?
Homes range from about 2,347 sq ft. There are 30 homes in total.
More on the neighbourhood:
Paya Terubong area guide — schools, transport, PSF, lifestyle scorecard →