New launch condos in Penang Island
We track 1 new launch in Penang Island, Penang. The one entry price we can work out is RM 442 per sq ft. NAPIC recorded 9 completed condos in the Timur Laut district in 2025, at a median of RM 546 per sq ft.
- Projects
- 1
- Per sq ft
- RM 442
- NAPIC 2025
- RM 546
Checked against the developer's website on 2026-09-29
Projects
| Project | From | Per sq ft | Status | |||
|---|---|---|---|---|---|---|
| D' Hazelton | Sunrich Conquest Sdn. Bhd. | RM 300,000 | RM 442 est. | 900–1,000 | 2028 | Selling |
Compared with other areas
- Timur LautRM 753 · 11 launchesRM 546
- Barat DayaRM 556 · 5 launchesRM 500
- Seberang Perai TengahRM 434 · 6 launchesRM 368
- Seberang Perai UtaraRM 442 · 1 launchRM 362
NAPIC 2025 data. Only areas with at least 5 recorded schemes are listed. Hover or tap an area for details.
Completed condos in the Timur Laut district (NAPIC 2025)
Price per sq ft is the midpoint of each scheme's 2025 price range in the NAPIC tables.
| Condo | Price per sq ft |
|---|---|
| Quayside Condo | RM 1,416 |
| Quay West Residence | RM 782 |
| Artis 3 | RM 619 |
| The Zen | RM 598 |
| I-Santorini | RM 546 |
| Iconic Skies | RM 544 |
| The Peak Residence | RM 510 |
| Pantai Miami | RM 443 |
| Ferringhi Emas Resort | RM 347 |
New condos in Penang Island: common questions
Which new condo in Penang Island has the lowest entry price per sq ft?
Of the 1 launches in Penang Island with a price per sq ft, D' Hazelton has the lowest, at about RM442 per sq ft.
How do new launch prices in Penang Island compare with completed condos?
The new launches we track in Penang Island have a median entry price of RM442 per sq ft. For 9 completed condos in the Timur Laut district, NAPIC recorded a 2025 median of RM546 per sq ft.
How many new launches in Penang Island are freehold?
1 of the 1 projects we track in Penang Island state freehold tenure on the developer's website.
Price changes in Timur Laut (Penang Island)
2024 to 2025
-2.2%
Median change across 14 completed condos. 2 rose and 8 fell.
Jul–Dec 2025 to Jan–Jun 2026
-1%
Median change across 32 completed condos. 13 rose and 15 fell.
NAPIC's price tables give a price range for each condo. We take the midpoint, work out each condo's own change, and show the median. A change under 2% counts as flat.
Biggest rises, 2024 to 2025
- Quayside Condo+12%
- The Tamarind+7.3%
Biggest falls, 2024 to 2025
- Pantai Miami-23.9%
- Ferringhi Emas Resort-19.4%
- Quay West Residence-5%
Condo sale prices in Penang by quarter
| Quarter | Median price | Middle half | Sales |
|---|---|---|---|
| 2026 Q1 | RM470K | RM335K–633K | 159 |
| 2026 Q2 | RM450K | RM350K–589K | 214 |
Median price per unit of condo and apartment sales recorded by NAPIC. Not adjusted for unit size.
State market data
- Johor+28.6%
- Kedah+24.3%
- Perlis+18.4%
- Melaka+17.3%
- Penang+16.6%
- Kelantan+15.9%
- Negeri Sembilan+15.8%
- Perak+14.9%
- Pahang+13%
- Terengganu+12.6%
- Selangor+11.9%
- Sarawak+11.9%
- Kuala Lumpur+8.5%
- Sabah+7.5%
Malaysian House Price Index, all house types. Malaysia +14.2% (- - -)
- 200k–300k594
- 300k–400k405
- 400k–500k109
- 500k–600k81
- 600k–700k111
- 700k–800k104
- 800k–900k49
- 900k–1M269
- > 1M79
Grouped by price band. The band for this project's starting price is highlighted.