Sungai Nibong · Subsale Market
The Sun @ Sungai Nibong Subsale — Sungai Nibong, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
The Sun @ Sungai Nibong is a completed freehold condominium in Sungai Nibong, Penang, completed in 2022 by Sepakat Mewah Sdn. Bhd.. It has 205 units. Subsale asking prices currently run about RM560–650 per sq ft (from roughly RM 730K). Note: it sits on commercial title, so utilities may be billed at commercial rates.
Price at a glance
Prices as at November 2026 — Subsale asking prices basis. Last checked 2026-10-09.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 914–1,907 | RM730,000 | RM560 |
Zac’s Take
Zac Ong
Commercial title is the fact that should shape every part of this decision. The Sun is freehold, but the land title is commercial, which means commercial-rate utility tariffs and assessment, and typically a tighter bank loan margin than a residential-title condo at the same price — price both in before you fall for a layout. Under RM1 million, so foreign purchasers are locked out by the island's minimum price and demand comes entirely from the local market. I would take it seriously if you are letting to the Bayan Lepas working population, or own-staying and you value a building with only two hundred-odd households in it. Skip it if your loan is stretched thin, or if you want the cleanest possible title for a multi-decade family hold.
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a The Sun @ Sungai Nibong 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
Sungai Nibong's noise levels, traffic, neighbour mix, and JMC quality are known quantities at The Sun @ Sungai Nibong.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
How The Sun @ Sungai Nibong is priced within Sungai Nibong
At roughly RM560 psf, The Sun @ Sungai Nibong sits toward the value end of Sungai Nibong's condo band (RM560–1000 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
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 The Sun @ Sungai Nibong — 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.
The Sun @ Sungai Nibong price 2026
What The Sun @ Sungai Nibong trades at on the sub-sale market, last checked 2026-10-09.
| Asking from | RM730,000 – RM850,000 |
| PSF | RM560 – 650 |
| Built-up | 914 – 1,907 sqft |
| Completed | 2022 |
| Units | 205 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
Recent prices. 2026 listings about RM730,000–850,000 for 1,313 sq ft three-bedrooms (roughly RM560–650 per sq ft).
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.
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 — and if you are near the five-to-six-year line, the date matters more than the price.
The Sun @ Sungai Nibong for sale & for rent
Looking to buy or rent a unit in The Sun @ Sungai Nibong? 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.
The Sun @ Sungai Nibong key facts
- Developer
- Sepakat Mewah Sdn. Bhd.
- Area
- Sungai Nibong, Penang
- Type
- mixed
- Tenure
- freehold · commercial
- Completed
- 2022
- Total units
- 205
- Asking PSF
- RM560–650
- Price from
- RM 730K
Sungai Nibong — area snapshot
Full area guide →Price range
RM 405K – RM 850K
asking prices in area
Active projects
0
selling or under construction
Subsale condos
4
completed projects
Total tracked
5
properties in this area
Other projects in Sungai Nibong
Other projects in Sungai Nibong
All 4 others we track here, cheapest first — all trading sub-sale.
- Casa AnggunRM405K
- Iconic RegencyRM480K
- NovusRM660K
- Celesta ResidencyRM850K
The Sun @ Sungai Nibong subsale — common questions
What is the price of The Sun @ Sungai Nibong?
2026 listings about RM730,000–850,000 for 1,313 sq ft three-bedrooms (roughly RM560–650 per sq ft).
Is The Sun @ Sungai Nibong freehold or leasehold?
The Sun @ Sungai Nibong 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 The Sun @ Sungai Nibong?
Yes, if you are on MM2H. MM2H participants can buy residential property in Penang from RM500,000 (up to two homes), and The Sun @ Sungai Nibong is priced above that. Other foreign buyers need RM1,000,000 for strata property on the island, which homes here do not reach. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.
When was The Sun @ Sungai Nibong completed?
The Sun @ Sungai Nibong was completed in 2022 by Sepakat Mewah Sdn. Bhd., so homes here are bought from existing owners.
How big are the homes at The Sun @ Sungai Nibong?
Homes range from about 914 to 1,907 sq ft. There are 205 homes in total.
Who developed The Sun @ Sungai Nibong?
Sepakat Mewah Sdn. Bhd.
More on the neighbourhood:
Sungai Nibong 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.