Find new launch condominiums in Penang — including Georgetown, Gelugor and the island’s sea-view corridors. MyDreamProp features the latest high-rise homes on Penang island with full unit layouts, facilities, sea-view options and completion timelines.
Home loans in Malaysia typically cover up to 90% of the property price, so buyers usually prepare around 10% plus transaction costs. Some new launches come with lower upfront packages — check each project page or enquire via WhatsApp.
Besides the purchase price, budget for stamp duty on the Sale and Purchase Agreement and the loan agreement (loan stamp duty is about 0.5% of the loan amount), legal fees, and loan processing or disbursement costs.
A booking fee (earnest deposit) is a small percentage of the price paid to reserve a unit before signing the Sale and Purchase Agreement (SPA).
Under-construction homes follow a progressive payment schedule tied to construction milestones set out in the SPA, so you do not pay the full amount upfront.
Freehold has no fixed ownership period, while leasehold is held for a set term (commonly 99 years). Each project page shows its exact tenure and land title.
Each listing shows the project expected completion or vacant possession (VP) date. New launch homes are usually handed over a few years after launch.
Foreigners can buy above a state minimum price threshold, and many projects in Penang are foreigner-friendly. Confirm eligibility on each project page or via WhatsApp.
Vivo Executive Apartment at Aspen Vision City, Batu Kawan is a completed freehold high-rise development by Aspen Vision City Sdn […]
Vivo Executive Apartment | Batu Kawan | Freehold Aspen Vision City Read More »
Noordinz Suites Georgetown Penang — Premium Freehold Serviced Suites by Exsim Noordinz Suites is a premium freehold serviced residence by
Noordinz Suites | Georgetown Penang | Freehold Exsim 29-Storey Read More »
Montview Residences Bukit Mertajam — Freehold High-Rise Living in Penang Mainland Montview Residences is a prestigious freehold high-rise residential development
Montview Residences | Bukit Mertajam Penang | Freehold 3 Towers WHH Land Read More »
Mezzo The Light City Gelugor — Freehold Seafront Condominium by IJM Mezzo at The Light City by IJM Group is
Mezzo | The Light City Gelugor Penang | Freehold Seafront by IJM Read More »
The Lighthauz by EXSIM Group is a landmark freehold high-rise condominium rising 56 storeys above Gelugor, Penang Island. With 671
The Lighthauz Penang | Gelugor Penang Island | Freehold Sea View by EXSIM Read More »