Bayan Mutiara Β· Subsale Market
The Zen Subsale β 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. It launched from around RM 453K in 2016 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 | 850β1,050 | RM452,500 | RM488 |
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy 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.
How The Zen is priced within Bayan Mutiara
At roughly RM488 psf, The Zen sits toward the value end of Bayan Mutiara's condo band (RM611β883 psf). That usually reflects building age, floor level, or distance from the area's prime frontage β worth checking which, because the first two are negotiable and the third is not.
Area gross yield
~4%
Typical for Bayan Mutiara condos
Building age
2 years
Completed 2024
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.
The The Zen pre-purchase checklist
- 1.Remaining lease (if leasehold) β 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 β Your lawyer should run a full land search for caveats, charges or restrictions in interest before you release any deposit.
- 3.Genuine transacted comparables β 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 β Model your RPGT before you buy, not when you sell. Holding period changes the maths substantially, especially for foreign owners.
- 5.Vacant possession terms β Agree in writing what stays β air-conditioners, built-ins, curtains, lights. Fixture disputes at handover are entirely avoidable.
The Zen price 2026
What The Zen trades at on the sub-sale market, last checked 2026-07-20.
| Asking from | RM452,500+ |
| PSF | RM488 β 765 |
| Built-up | 850 β 1,050 sqft |
| Completed | 2024 |
| Units | 2,016 |
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 2 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 Zen for sale & for rent
Looking to buy or rent a unit in The Zen? 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 Zen key facts
- Developer
- Asia Green Group
- Area
- Bayan Mutiara, Penang
- Type
- mixed
- Tenure
- freehold
- Completed
- 2024
- Total units
- 2016
- Asking PSF
- RM488β765
- Price from
- RM 453K
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on The Zen:
View full The Zen profile βBayan Mutiara β area snapshot
Full area guide βPrice range
RM 414K β RM 620K
asking prices in area
Active projects
2
selling or under construction
Subsale condos
1
completed projects
Total tracked
4
properties in this area
Other projects in Bayan Mutiara
Other projects in Bayan Mutiara
All 3 others we track here, cheapest first β 2 of them still selling.
- Bayan SuiteRM414K
- The PierRM600K
- QuayWest ResidenceRM620K
The Zen subsale β common questions
What is the price of The Zen?
The Zen runs RM452,500 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 RM488β765 per square foot. Checked 2026-07-20.
Is The Zen freehold or leasehold?
The Zen 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 Zen?
Not at current prices. Penang Island sets a RM1,000,000 minimum for foreign buyers and no unit here clears it, so The Zen is open to Malaysian and PR buyers only.
When was The Zen completed?
The Zen completed in 2024, developed by Asia Green Group. Units here trade sub-sale.
How big are the units at The Zen?
Built-ups run 850 to 1,050 sq ft. There are 2,016 units in total. At that density, expect to compete with a lot of near-identical units when you sell.
Who developed The Zen?
The Zen was developed by Asia Green Group.
More on the neighbourhood:
Bayan Mutiara 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.