Jason Lim · Johor Bahru property advisor

10 years in Malaysian property · Jason Lim, REN 84424 · IQI Realty Sdn. Bhd. E (1) 1584/6 · Bahasa Melayu
Home › Property listings › Penang › Condos and apartments RM300k–500k

Penang · Updated 17 October 2026

Condos and apartments for sale from RM300,000 to RM500,000 in Penang

14 condominiums, apartments and serviced residences in Penang listed from RM300,000 to RM500,000, open for viewing through IQI agents. The median asking price is RM430,000; the middle half ask between RM350,000 and RM460,000.

14 listings · updated 17 October 2026

Condos and apartments for sale from RM300,000 to RM500,000 in Penang

For saleApartment

3-bedroom apartment in Jelutong

Eastern Court

RM340,000 RM486 psf

700 sq ft · 3 bed · 2 bath · 1 parking

Freehold · Unfurnished · pool, gym, 24-hour security

Ref 36725-1789881696 · updated 17 Oct 2026

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For saleCondominium

3-bedroom condominium in Bukit Mertajam

Casa Residence

RM495,000 RM476 psf

1,040 sq ft · 3 bed · 2 bath · 2 parking

Freehold · Fully furnished · pool, gym, 24-hour security

Ref 57980-1714987196 · updated 17 Oct 2026

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For saleServiced apartment

2+1 bedroom serviced apartment in Batu Kawan

Vivo Executive Apartment

RM350,000 RM479 psf

730 sq ft · 2+1 bed · 2 bath · 1 parking

Freehold · Unfurnished · pool, gym, playground

Ref 22706-1744184877 · updated 17 Oct 2026

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For saleApartment

3-bedroom apartment in Sungai Pinang

Kota Emas

RM385,000 RM481 psf

800 sq ft · 3 bed · 2 bath · 1 parking

Freehold · Partly furnished · 24-hour security

Ref 36725-1779969624 · updated 14 Oct 2026

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For saleApartment

3+1 bedroom apartment in Perai

Palma Laguna

RM310,000 RM298 psf

1,040 sq ft · 3+1 bed · 2 bath · 1 parking

Freehold · 24-hour security, clubhouse, BBQ area

Ref 20454-1698638851 · updated 14 Oct 2026

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For saleCondominium

3-bedroom condominium in Batu Ferringhi

Miami Green

RM480,000 RM436 psf

1,100 sq ft · 3 bed · 2 bath · 1 parking

Freehold · Fully furnished · pool, gym, 24-hour security

Ref 34807-1707114581 · updated 14 Oct 2026

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For saleApartment

3-bedroom apartment in Pulau Pinang

Meritus Residensi

RM460,000 RM487 psf

945 sq ft · 3 bed · 2 bath · 2 parking

Freehold · Unfurnished · pool, 24-hour security, playground

Ref 20454-1624511489 · updated 14 Oct 2026

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For saleApartment

4-bedroom apartment in Raja Uda

Taman Mesra Jaya Apartment

RM438,000 RM260 psf

1,686 sq ft · 4 bed · 2 bath · 2 parking

Freehold · Unfurnished · gym, 24-hour security, playground

Ref 20454-1624684638 · updated 14 Oct 2026

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For saleApartment

3-bedroom apartment in Butterworth

RM390,000 RM355 psf

1,100 sq ft · 3 bed · 2 bath · 1 parking

Freehold · Partly furnished · pool, gym, 24-hour security

Ref 20454-1624684061 · updated 14 Oct 2026

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For saleCondominium

3-bedroom condominium in Batu Ferringhi

Miami Green

RM480,000 RM457 psf

1,050 sq ft · 3 bed · 2 bath · 1 parking

Freehold · Fully furnished · pool, gym, 24-hour security

Ref 34807-1707122366 · updated 14 Oct 2026

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For saleApartment

3-bedroom apartment in Ayer Itam

Fortune Court

RM399,000 RM390 psf

1,023 sq ft · 3 bed · 2 bath · 1 parking

Leasehold · Fully furnished · 24-hour security, playground, tennis court

Ref 69899-1767605195 · updated 13 Oct 2026

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For saleCondominium

3-bedroom condominium in Batu Uban

Sunny Ville

RM430,000 RM430 psf

1,000 sq ft · 3 bed · 2 bath · 1 parking

Freehold · Partly furnished · pool, gym, 24-hour security

Ref 34807-1722821805 · updated 22 Sep 2026

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For saleCondominium

3-bedroom condominium in Bukit Mertajam

Metropol Serviced Apartment

RM435,000 RM402 psf

1,083 sq ft · 3 bed · 2 bath · 2 parking

Freehold · Fully furnished · pool, gym, 24-hour security

Ref 96637-1788753877 · updated 7 Sep 2026

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For saleApartment

3-bedroom apartment in Ayer Itam

Taman Boundary

RM300,000 RM400 psf

750 sq ft · 3 bed · 2 bath · 1 parking

Freehold · Partly furnished · 24-hour security

Ref 36725-1786945187 · updated 17 Aug 2026

Ask Jason about this unit

Listings come from the shared (co-broke) inventory of the IQI agent network, as entered by the listing agents; unit numbers and the agents’ own descriptions are not shown. A unit may be sold, let or repriced before this page is next refreshed, so I confirm availability and the details before any viewing.

At a glance

What the market is asking

Median asking price

RM430,000
middle half RM350,000 – RM460,000

Typical size

1,040 sq ft
about RM436 per sq ft

Freehold

93%
of these listings

Most listed areas

Batu Ferringhi, Bukit Mertajam and Ayer Itam
and more in the list below

Main types: apartment, condominium and serviced apartment. Asking prices from listings open for viewing through IQI agents, 17 October 2026; recorded transaction prices are on the project pages.

First-time buyers

Malaysian first-time buyers pay no stamp duty on the transfer or the loan for homes of RM500,000 or below, for SPAs signed from 1 January 2026 to 31 December 2027.

Straight answers

Frequently asked questions

What do condos and apartments RM300k–500k in Penang cost?

Of the 14 listings on this page, the median asking price is RM430,000 and the middle half ask between RM350,000 and RM460,000, at about RM436 per square foot (asking prices, 17 October 2026).

Can a foreigner buy these?

Usually not: most of these are below the minimum price Penang sets for foreign buyers (Minimum price, island strata: RM1 million; Minimum price, island landed: RM3 million).

How much is the monthly loan instalment?

At the median price of RM430,000 with a 90% loan over 35 years at 4.0%, the instalment is about RM1,714 a month; use the home loan calculator for your numbers.

Want a shortlist instead?

Tell me the area, size and timing. I will pick the best-value units, with recorded prices for each building.