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Goodwood Residence, Bayan Lepas

Goodwood Residence, Bayan Lepas

Not stated

From RM 598,000 · 1,075–1,250 sq ft

  1. 1Price against the areaRM 556-23% vs new launches nearby+11% vs completed condos
  2. 2The area+16.6%Change in Penang house prices over the four years to Q1 2026
  3. 3Other options at this price8other new launches within 15% of RM 556 per sq ft
  4. 4Cost and risksRM 71,740Cash upfront and RM 2,481 a month after that

Goodwood Residence is a condominium in Bayan Lepas, Penang. Prices start from RM598,000 for a 1,075 sq ft unit, about RM556 psf. That is 11% above the NAPIC 2025 median of RM500 psf for completed condos in the Barat Daya district. Checked against the developer's website on · Developer's project page

Location

Jalan Tun Dr Awang, Bayan Lepas, Penang

Nearby, as listed by the developer

  • 2 KM From SMJK Heng Ee
  • 3.5 KM From Pantai Hospital Penang
  • 4 KM From Sunshine Square
  • 8 KM From Queensbay Mall
  • 3.5KM From Penang International Airport
  • 3.5 KM From SPICE Arena
  • 5 KM From INTI International College Penang
  • 7 KM From Penang Second Bridge
All 5 new launches in Bayan Lepas All 37 new launches in Penang

1Goodwood Residence price compared with the area

Prices start from RM 598,000. With the smallest layout at 1,075 sq ft, that works out to about RM 556 per sq ft.

NAPIC recorded 12 completed condos in the Barat Daya district in 2025. That area includes Bayan Lepas. Its entry price per sq ft is in the middle half of the prices recorded in the area. New launches usually cost more per sq ft than completed condos nearby.

This launch
RM 556
Desaria (Regency Heights) RM 401Arasia Perdana (The Clovers) RM 431One Imperial Condominium RM 446Imperial Residences RM 472Forestville RM 492Ideal Vision Park @ Tree Sparina RM 496Skycube Residence RM 503Imperial Grande RM 528Fairview Residence RM 551Putra Place Condominium RM 638Muze @ Picc RM 798Queens Residences Q1 @ Queens Waterfront RM 1,150
Middle half of recorded prices: RM 465 – RM 573+11% vs median

See the 12 completed condos NAPIC recorded in the Barat Daya district on the area page.

Price per sq ft of new launches in Bayan Lepas

Each developer's starting price divided by its smallest layout, unless the developer states a price per sq ft.

2The area

Price per sq ft by area in Penang
Completed condos, medianNew launches, medianThis launch RM 556
RM psf
  • 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 Barat Daya changed -1.2% in price from 2024 to 2025 and -0.7% in the first half of 2026 (NAPIC, median per condo). See the price trend

House prices in Penang rose 16.6% in the four years to Q1 2026P, against 14.2% for Malaysia. See the state price and supply charts on the Bayan Lepas page.

3Other options at this price

Starting price and price per sq ft of each optionHover or tap a dot

↑ Starting price

ProjectEntry psfvs this
Setia Sky VistaRelauRM 553-1%
ForescapeSeberang PeraiRM 551-1%
Pinnacle Bukit GambierBukit GambierRM 547-2%
VersaBatu KawanRM 526-5%
SavanaBatu KawanRM 514-8%
The WaveGeorge TownRM 598+8%
SantaiJohor Bahru, JohorRM 5580%
Par 3 Condo & Condo VillaPutrajaya, PutrajayaRM 559+1%

4Cost and risks

Starting priceRM 598,000

Buyer

Monthly instalment

RM 2,481

Cash upfront (down payment and stamp duty)

RM 71,740

Down payment
RM 59,800
Stamp duty on the transfer
RM 11,940
Loan amount
RM 538,200
Total interest over the loan
RM 503,744

Based on the starting price, with stamp duty on the transfer only. Legal fees and loan stamp duty are extra. We apply the first-home exemption only up to RM500,000. Confirm it with your lawyer.

Things to check

  • Tenure is not stated: ask whether the land is freehold or leasehold.
  • No completion date is published: ask for the vacant possession date and the late-delivery terms in the SPA.
  • In Penang a foreign buyer needs state consent and can only buy a unit priced at RM 1,000,000 or more.
Project details+
Developer
Not stated by the developer
Location
Jalan Tun Dr Awang, Penang
Property type
Not stated by the developer
Tenure
Not stated by the developer
Total units
260
Blocks / towers
Not stated by the developer
Storeys
Not stated by the developer
Expected completion
Not stated by the developer

Lap Pool · Children's Pool · Jacuzzi · BBQ Area · Gym Room · Game Room · Community Hall · Surau · Wall Climbing · Yoga Deck · Herbs Garden · Multi-Storey Car Park · EV Charging Stations

Goodwood Residence floor plans and photos

Our take

  • The entry price per sq ft is close to the median for completed condos in Bayan Lepas (+11%).
  • Of the 3 new launches we track in Bayan Lepas, it has the lowest entry price per sq ft.
  • Other new launches at a similar price per sq ft: Setia Sky Vista (RM 553 psf), Forescape (RM 551 psf) and Pinnacle Bukit Gambier (RM 547 psf).
  • House prices in Penang rose 16.6% over the last four years.

More new launches in Bayan Lepas

Other new launches in Penang

Goodwood Residence: common questions

Can foreigners buy Goodwood Residence?

Penang sets a RM 1,000,000 minimum for foreign buyers. The developer does not list a full price range, so check the price of the unit you want.

Sources

Project facts come from the developer's website. Area prices and yields come from NAPIC's Laporan Pasaran Harta 2025. State figures come from the MHPI (Q1 2026P) and the NAPIC overhang tables (Q1 2026). No developer pays us.