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 RM500k–1m

Penang · Updated 17 October 2026

Condos and apartments for sale from RM500,000 to RM1 million in Penang

14 condominiums, apartments and serviced residences in Penang listed from RM500,000 to RM1 million, open for viewing through IQI agents. The median asking price is RM635,000; the middle half ask between RM588,000 and RM720,000.

14 listings · updated 17 October 2026

Condos and apartments for sale from RM500,000 to RM1 million in Penang

For saleCondominium

3-bedroom condominium in Bayan Baru

The Promenade

RM560,000 RM504 psf

1,111 sq ft · 3 bed · 2 bath · 1 parking

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

Ref 76422-1747115208 · updated 17 Oct 2026

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For saleCondominium

3-bedroom condominium in Tanjong Tokong

Tri Pinnacle

RM600,000 RM750 psf

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

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

Ref 76422-1747281903 · updated 17 Oct 2026

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For saleTownhouse condo

3-bedroom townhouse condo in Bukit Mertajam

Sunway Wellesley

RM650,000 RM397 psf

1,636 sq ft · 3 bed · 3 bath · 2 parking

Freehold · Partly furnished · pool, gym, playground

Ref 57980-1705582296 · updated 16 Oct 2026

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For saleCondominium

3-bedroom condominium in Tanjong Tokong

I-Santorini

RM500,000 RM588 psf

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

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

Ref 56470-1790929932 · updated 15 Oct 2026

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For saleApartment

3-bedroom apartment in Gelugor

Mutiara Court

RM588,000 RM606 psf

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

Freehold · Partly furnished · 24-hour security

Ref 36725-1780029989 · updated 15 Oct 2026

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For saleCondominium

3-bedroom condominium in Batu Ferringhi

Surin

RM720,000 RM514 psf

1,400 sq ft · 3 bed · 2 bath · 2 parking

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

Ref 34807-1708135721 · updated 14 Oct 2026

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For salePenthouse

6-bedroom penthouse in Georgetown

Sri Permai

RM780,000 RM390 psf

2,000 sq ft · 6 bed · 4 bath · 2 parking

Freehold · Partly furnished · 24-hour security, playground, parking

Ref 36725-1740640891 · updated 13 Oct 2026

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For saleCondominium

3-bedroom condominium in Bayan Lepas

Solaria Residence

RM635,000 RM529 psf

1,200 sq ft · 3 bed · 2 bath · 2 parking

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

Ref 36725-1742730158 · updated 13 Oct 2026

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For saleCondominium

3-bedroom condominium in Bayan Lepas

Low Rise Condominium

RM530,000 RM409 psf

1,295 sq ft · 3 bed · 2 bath · 2 parking

Freehold · Partly furnished · pool, gym, playground

Ref 81014-1790403922 · updated 26 Sep 2026

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For saleServiced residence

3-bedroom serviced residence in Georgetown

The Meg @ Andaman Island

RM980,000 RM1,191 psf

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

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

Ref 36725-1789878281 · updated 20 Sep 2026

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For saleCondominium

3-bedroom condominium in Sungai Ara

Imperial Residences

RM588,000 RM535 psf

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

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

Ref 36725-1780040483 · updated 20 Sep 2026

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For saleCondominium

3-bedroom condominium in Sungai Nibong

Tropicana Bay Residences

RM699,000 RM822 psf

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

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

Ref 36725-1786948187 · updated 17 Aug 2026

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For saleCondominium

3-bedroom condominium in Bayan Lepas

The Amarene

RM588,000 RM490 psf

1,200 sq ft · 3 bed · 3 bath · 2 parking

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

Ref 36725-1786945611 · updated 17 Aug 2026

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For saleCondominium

3-bedroom condominium in Bayan Lepas

QuayWest Residence

RM814,000 RM653 psf

1,246 sq ft · 3 bed · 2 bath · 2 parking

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

Ref 36725-1786944822 · 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

RM635,000
middle half RM588,000 – RM720,000

Typical size

1,200 sq ft
about RM535 per sq ft

Freehold

86%
of these listings

Most listed areas

Bayan Lepas, Tanjong Tokong and Georgetown
and more in the list below

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

Stamp duty

Transfer stamp duty is 1% of the first RM100,000, 2% of the next RM400,000 and 3% from RM500,001 to RM1 million; the buying costs calculator works it out for your price.

Straight answers

Frequently asked questions

What do condos and apartments RM500k–1m in Penang cost?

Of the 14 listings on this page, the median asking price is RM635,000 and the middle half ask between RM588,000 and RM720,000, at about RM535 per square foot (asking prices, 17 October 2026).

Can a foreigner buy these?

Only where the unit meets the Penang minimum for foreign buyers (Minimum price, island strata: RM1 million; Minimum price, island landed: RM3 million) and is not a restricted unit; many in this range do not.

How much is the monthly loan instalment?

At the median price of RM635,000 with a 90% loan over 35 years at 4.0%, the instalment is about RM2,530 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.