Bayan Lepas Β· Subsale Market
Tierra Residences 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.
Tierra Residences is a completed freehold landed development in Bayan Lepas, Penang, completed in 2021 by Northern Gold Development Sdn. Bhd.. It has 65 units. It launched from around RM 1.20M in 2018 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 | β | RM1.2M | RM410 |
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Tierra Residences 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 Tierra Residences.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
Due diligence before buying at Tierra Residences
- 1.Individual title status β Confirm whether individual title has issued and is in the seller's name. Master-title landed transactions carry extra steps and time.
- 2.Approved extensions β Most landed resales have some extension. Ask for the approved plan β unapproved structures can be an issue at your own resale or refinancing.
- 3.Drainage and ground level β Walk the perimeter and ask neighbours directly about flooding history. Penang's heavy-rain events are the honest test, not a dry-day viewing.
- 4.Gated scheme fees and rules β For gated-and-guarded schemes, confirm the monthly fee, what it covers, and the collection rate. Poor collection means declining security cover.
- 5.Roof, structure and termites β Commission an inspection for anything over fifteen years old. Roof and termite remediation are the two costs that most often blow a landed budget.
Tierra Residences price 2026
What Tierra Residences trades at on the sub-sale market, last checked 2026-07-20.
| Asking from | RM1.2M+ |
| PSF | RM410 |
| Completed | 2021 |
| Units | 65 |
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.
A foreign buyer can purchase here β the RM1M minimum is cleared. Add the state levy, a flat 8% stamp duty and 3β4 months for state consent.
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.
Tierra Residences for sale & for rent
Looking to buy or rent a home in Tierra Residences? Asking prices and rents move with the market and with the specific home 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.
Tierra Residences key facts
- Developer
- Northern Gold Development Sdn. Bhd.
- Area
- Bayan Lepas, Penang
- Type
- landed
- Tenure
- freehold
- Completed
- 2021
- Total units
- 65
- Asking PSF
- RM410
- Price from
- RM 1.20M
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Tierra Residences:
View full Tierra Residences 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 705K
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
- The AmareneRM630K
- Lucerne ResidencesRM664K
- Goodwood ResidenceRM678K
- SENZE @ PICCRM705K
Tierra Residences subsale β common questions
What is the price of Tierra Residences?
Tierra Residences runs RM1,200,000 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 RM410 per square foot. Checked 2026-07-20.
Is Tierra Residences freehold or leasehold?
Tierra Residences 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 Tierra Residences?
Yes. Penang Island sets a RM1,000,000 minimum for foreign buyers. Add a state levy, a flat 8% stamp duty, and 3β4 months for state consent.
When was Tierra Residences completed?
Tierra Residences completed in 2021, developed by Northern Gold Development Sdn. Bhd.. Units here trade sub-sale.
How big are the units at Tierra Residences?
There are 65 units in total.
What facilities does Tierra Residences have?
A community hall, children's playground, jogging track, BBQ area, and 24-hour gated-and-guarded security.
Why buy landed in Bayan Lepas rather than Batu Maung or Bayan Baru?
Bayan Lepas sits closest to the Free Trade Zone and airport, which tends to draw tenants and owner-occupiers working in the electronics/manufacturing corridor. Ask Zac for a side-by-side against neighbouring projects.
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.