Bayan Lepas Β· Subsale Market
The Amarene Subsale β Bayan Lepas, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
The Amarene is a completed freehold condominium in Bayan Lepas, Penang, completed in 2021 by Ideal Property Group. It has 410 units. It launched from around RM 630K in 2017 β that is the launch price, not a current resale figure. WhatsApp Zac for live asking prices.
Price at a glance
Prices as at September 2026 β Developer launch prices basis. Last checked 2026-07-20. A negotiation floor, not what it trades at today.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 1,100β1,200 | RM630,000 | RM570 |
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a The Amarene subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Bayan Lepas's noise levels, traffic, neighbour mix, and JMC quality are known quantities at The Amarene.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
How The Amarene is priced within Bayan Lepas
At roughly RM570 psf, The Amarene sits mid-band for Bayan Lepas (RM400β750 psf). This is the range where unit-specific factors β floor, view, renovation, facing β matter more than the address itself when you negotiate.
Area gross yield
~5.2%
Typical for Bayan Lepas condos
Building age
5 years
Completed 2021
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 The Amarene
- 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.
The Amarene price 2026
What The Amarene trades at on the sub-sale market, last checked 2026-07-20.
| Asking from | RM630,000+ |
| PSF | RM570 β 680 |
| Built-up | 1,100 β 1,200 sqft |
| Completed | 2021 |
| Units | 410 |
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.
The building is 5 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporationβs problem and, through the sinking fund, partly yours. Check what was actually rectified.
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.
The Amarene for sale & for rent
Looking to buy or rent a unit in The Amarene? 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.
The Amarene key facts
- Developer
- Ideal Property Group
- Area
- Bayan Lepas, Penang
- Type
- mixed
- Tenure
- freehold
- Completed
- 2021
- Total units
- 410
- Asking PSF
- RM570β680
- Price from
- RM 630K
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on The Amarene:
View full The Amarene profile βBayan Lepas β area snapshot
Full area guide βBayan Lepas is the island's industrial and tech hub, home to the Free Trade Zone and Penang International Airport. Condo demand comes primarily from professionals working in the area.
Price range
RM 315K β RM 1.2M
asking prices in area
Active projects
5
selling or under construction
Subsale condos
9
completed projects
Total tracked
15
properties in this area
Other projects in Bayan Lepas
All 14 others we track here, cheapest first β 5 of them still selling.
- Tropicana Bay ResidencesRM315K
- Avion ResidenceRM342K
- One ForestaRM375K
- Havana Beach ResidencesRM400K
- London PavilionRM418K
- Forest VilleRM450K
- Solaria ResidencesRM480K
- Tree SparinaRM486K
- Maldives ResidencesRM498K
- SummerSkye ResidencesRM598K
- Lucerne ResidencesRM664K
- Goodwood ResidenceRM678K
- SENZE @ PICCRM705K
- Tierra ResidencesRM1.2M
The Amarene subsale β common questions
What is the price of The Amarene?
The Amarene runs RM630,000 and up. That is the developer launch price, not what the building trades at today. Treat it as a floor for negotiation. That works out to about RM570β680 per square foot. Checked 2026-07-20.
Is The Amarene freehold or leasehold?
The Amarene is freehold. We do not hold the land title class on record β confirm it with the developer, because a commercial title changes your utility tariffs and loan margin.
Can a foreigner buy at The Amarene?
Not at current prices. Penang Island sets a RM1,000,000 minimum for foreign buyers and no unit here clears it, so The Amarene is open to Malaysian and PR buyers only.
When was The Amarene completed?
The Amarene completed in 2021, developed by Ideal Property Group. Units here trade sub-sale.
How big are the units at The Amarene?
Built-ups run 1,100 to 1,200 sq ft. There are 410 units in total.
Who developed The Amarene?
The Amarene was developed by Ideal Property Group.
More on the neighbourhood:
Bayan Lepas 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.