15 Houses for Sale at Pine Residence, Ayer Itam, Penang

Pine Residence is a freehold condominium in Ayer Itam, Penang. There are currently 15 listing(s) available for sale on iProperty Malaysia. The listings start from RM600K for units with 1,500 sqft.

You can search for other projects within Ayer Itam such as Taman Boundary, Puncak Terubong, and Shineville Park. Find your ideal properties, contact verified agents, and compare prices only with iProperty Malaysia.

The iProperty Take on Buying Pine Residence

Pine Residence captured 13.73% of Paya Terubong property searches over the last 30 days. The 4-Bedroom configuration is the most-searched unit type among the 17 total units currently available for sale. Asking prices for 4-Bedroom units sit well below the Paya Terubong average.

Developer & Launch

Pine Residence is a Condominium developed by Lone Pine Group in Paya Terubong. The project reached completion in 2015.

This Freehold development consists of 222 units within 1 building. Available unit configurations include Type A with 3 bedrooms ranging from 1642 to 1674 sq ft, Type B with 3 bedrooms ranging from 1508 to 1533 sq ft, and Type C (Penthouse) with 4 bedrooms ranging from 3014 to 3345 sq ft. Additionally, the Unit3Bed3BathTYPE B2 configuration features 3 bedrooms and 3 bathrooms with a floor area from 1500 to 1642 sq ft.

Top Amenities & Facilities at Pine Residence

Pine Residence provides a selection of essential facilities designed to support the daily needs and lifestyle of its residents. These on-site amenities offer spaces for recreation and convenience within the development.

• Swimming pool
• Playground
• Covered car park
• Perimeter Fencing
• Gym

Pricing by Unit Type

• 4-Bedroom
  • Average asking price: RM 659K
  • Asking PSF: RM 437 psf
  • vs. Paya Terubong avg. PSF: RM 588 psf (25.66% below average)
  • Positioning: Budget-friendly.
  • Listings: 3
• 3-Bedroom
  • Average asking price: RM 660K
  • Asking PSF: RM 425 psf
  • vs. Paya Terubong avg. PSF: RM 427 psf (0.46% below average)
  • Positioning: Fair value.
  • Listings: 11

Neighbourhood at a Glance

Pine Residence is located in Paya Terubong with verified access to local transport and retail services. Buyers can reference the following established routes to nearby amenities and facilities.

• TRANSPORT: Lone Pine Club Bus Stop, 510 m (6 minutes walking distance)
• HEALTHCARE: Sim Pharmacy, 960 m (12 minutes walking distance)
• RETAIL: Econsave Paya Terubong, 667 m (8 minutes walking distance)
• EDUCATION: Eye Level Learning Center, 1.1 km (13 minutes walking distance)
• FOOD & BEVERAGE: Tong Hoi Seafood, 545 m (7 minutes walking distance)
• CONVENIENCE STORE: Shell Select, 1.2 km (15 minutes walking distance)

Past Transaction & Price Insights

Pine Residence recorded historical transactions from 2023 to 2026 with a median price of RM418 PSF. The typical range for these transactions was between RM387 PSF and RM447 PSF.

A 3-bedroom Unit3Bed3BathTYPE B2 of 1,615 sqft sold for RM625,000 (RM387 PSF) in July 2023. A 4-bedroom Type C (Penthouse) of 3,294 sqft sold for RM1,299,240 (RM394 PSF) in October 2023. These figures represent a price rise of 8.51% during the observed period.

Who It's For

Young Families
On-site facilities such as a playground, wading pool, gym, and multi-purpose hall provide space for children to play under the protection of 24-hour security. Eye Level Learning Center is 1.1 km away, a 13-minute walk, which helps simplify the daily routine for parents. The 3-Bedroom units are priced in line with the Paya Terubong average, while 4-Bedroom units are well below the Paya Terubong average.

Ready to Make Your Move?

15 homes are currently for sale at Pine Residence, starting from RM620,000. See what's currently on the market and compare layouts side by side.

This copy was published on 25 September 2026.