penangproperty

Bayan Mutiara · Subsale Market

The Zen Subsale — Bayan Mutiara, Penang

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

The Zen is a completed freehold condominium in Bayan Mutiara, Penang, completed in 2024 by Asia Green Group. It has 2016 units. Subsale asking prices currently run about RM488–765 per sq ft (from roughly RM 415K).

Available Listings

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

Ask Zac about availability

Why buy a The Zen subsale (vs a new launch elsewhere)

Immediate occupancy

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

Verified surroundings

Bayan Mutiara's noise levels, traffic, neighbour mix, and JMC quality are known quantities at The Zen.

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 The Zen 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.

The Zen key facts

Developer
Asia Green Group
Area
Bayan Mutiara, Penang
Type
mixed
Tenure
freehold
Completed
2024
Total units
2016
Asking PSF
RM488–765
Price from
RM 415K

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

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Bayan Mutiara — area snapshot

Full area guide →

Price range

RM 414KRM 700K

asking prices in area

Active projects

2

selling or under construction

Subsale condos

1

completed projects

Total tracked

4

properties in this area

The Zen subsale — common questions

Where is The Zen located?

The Zen is in Bayan Mutiara, Penang, developed by Asia Green Group and completed in 2024.

Is The Zen freehold or leasehold?

The Zen is freehold.

How much is a The Zen unit?

Subsale asking prices at The Zen start from roughly RM 415K (about RM488–765 psf), varying by floor, view and renovation. WhatsApp Zac for the current shortlist.

What's the typical asking price for a The Zen subsale unit?

Subsale asking prices at The Zen 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 The Zen a good buy in the subsale market?

The Zen in Bayan Mutiara 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 The Zen?

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 The Zen 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 The Zen 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.

More on the neighbourhood:

Bayan Mutiara area guide — schools, transport, PSF, lifestyle scorecard →

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