| Property type | Condominium |
| Tenure | Freehold |
| Land title | Residential |
| Built-up | 536 sq ft – 1,201 sq ft |
| Units listed for sale | RM445,000 – RM850,000 |
| Units listed for rent | RM1,260 – RM2,800 |
| Completed | 2021 |
When Penang’s second bridge project was announced in 2007, vacant land prices on both ends of the bridge jumped. In Batu Maung, prices increased from RM50-RM60 per sq ft to RM250-RM300 per sq ft, while it jumped from RM8-RM9 per sq ft to RM50-RM60 per sq ft in Seberang Prai.
The second bridge opened a while back, in 2014. So, let’s find out if there are properties below RM500,000 in Batu Maung on the island and Batu Kawan in southern Seberang Prai!
The Sultan Abdul Halim Muadzam Shah Bridge, popularly known as Penang Second Bridge, opened in March 2014. It is the longest bridge in Malaysia, built to help with the congestion on the first Penang Bridge.
Penang Second Bridge connects the island to the mainland and has become a vital artery for growth, commerce, tourism, and well, everyday life. On one end of the second bridge is Batu Maung on the island, and the other is Batu Kawan in southern Seberang Prai.
The demand for properties in these areas are predicted to remain strong in years to come. So, if you’re looking for a home or a good investment opportunity, read on to explore the world of real estate near Penang Bridge 2.
Properties listed below RM500,000 in Batu Maung (Penang Island)
Batu Maung is a coastal village that was once known for its fishing industry. The development of the second bridge has led to a wave of new residential and commercial projects. Batu Maung is linked to Georgetown, the capital of Penang, via the Tun Dr. Lim Chong Eu Expressway.
Today, you’ll find a diverse mix of condos, gated communities, and commercial developments, catering to a growing population of professionals and expats. There are also several shopping malls close to the Penang Second Bridge, such as the Queensbay Mall, Bukit Jambul Complex, Sunshine Square, and D’Piazza Mall.
Batu Maung is located at the southernmost end of the Tun Dr. Lim Chong Eu Expressway, and this translates to Penang International Airport and Bayan Lepas industrial area being about 10 minutes away, while Georgetown is around 20 minutes away.
Attractions and developments in or close to Batu Maung include:
- Penang War Museum
- Akuarium Tunku Abdul Rahman Batu Maung
- Penang International Airport
- Bayan Lepas Free Industrial Zones
- Seafood at Kampung Teluk Tempoyak
- Snake temple
Residential developments in Batu Maung are mainly targeted to the working classes, those within the lower-middle to middle-income segment.
Property transaction prices in Batu Maung
Based on iProperty’s Batu Maung residential transaction prices, the median price in 2022 is RM860,000 (YoY increase of 11.11%), while the 2022 median price per sq ft is RM449 (YoY increase of 15.35%). Data is based on transactions from Jan 2022 to Dec 2022.
1. M Vista, Batu Maung
M Vista is low density residential development by Mah Sing Group, and it’s part of the company’s Southbay township at Batu Maung. This project comprises a block of 23-storey residence tower, with only 237 residential units. There are 5 layouts to choose from.
Facilities at M Vista include a barbecue area that overlooks the swimming pool, cloud forest garden, garden gym, indoor gym, yoga deck, children’s playground, and sky lounge. Other themed gardens include a secret garden and a resting pod garden with a reflective pool.
M Vista is located close to the Free Trade Zone, and less than 5 minutes’ drive to Penang Second Bridge.
For a 536 sq ft studio unit listed for sale at RM450,000, you’d need to pay RM1,917 per month. This is based on iProperty’s mortgage calculator.
*The 4.50% interest rate used here was among the highest rates offered by banks, depending on various financial borrower factors. Click here to know more about current effective lending rates.
For M Vista units that are listed below RM500,000, click here.
→ To check your home loan eligibility with up to 17 banks, use iProperty’s LoanCare! It also calculates your Debt Service Ratio.
2. Tropicana Bay Residences, Bayan Lepas
| Property type | Condominium |
| Tenure | Freehold |
| Land title | Residential |
| Built-up | 455 sq ft – 1,590 sq ft |
| Units listed for sale | RM420,000 – RM 969,000 |
| Units listed for rent | RM1,500 – RM2,700 |
| Completed | 2017 |
Tropicana Bay Residences is located in Penang World City, off Lebuhraya Tun Dr. Lim Chong Eu. The condominium was jointly developed by Ivory Property Group and Tropicana Corporation.
Two blocks face the Tun Dr Lim Chong Eu Expressway, while the other four face the beautiful coast. Tropicana Bay Residences is about 30 minutes’ drive to George Town and Balik Pulau via the Tun Dr Lim Chong Eu Expressway.
There are 1,343 units at Tropicana Bay Residence and facilities include a covered children’s playground, half basketball court, tennis court, squash court, mini theatre, infinity pool, kid’s pool, sky deck, foot reflexology path, yoga/tai chi plaza and water features.
Tropicana Bay Residence is about 15 minutes’ drive to Penang International Airport, and about 20 minutes’ drive to either the first Penang Bridge or Penang Second Bridge.
For a 615 sq ft 2-bedroom unit listed for sale at RM495,000, you’d need to pay RM2,108 per month. This is based on iProperty’s mortgage calculator.
*The 4.50% interest rate used here was among the highest rates offered by banks, depending on various financial borrower factors. Click here to know more about current effective lending rates.
For Tropicana Bay Residences units that are listed RM500,000 and below, click here.
→ Check your home loan eligibility with iProperty’s LoanCare!
3. Orchard Ville, Bayan Lepas
| Property type | Condominium |
| Tenure | Freehold |
| Land title | Residential |
| Built-up | 1,080 sq ft – 1,623 sq ft |
| Units listed for sale | RM481,500 – RM777,000 |
| Units listed for rent | RM1,350 – RM2,200 |
| Completed | 2016 |
Orchard Ville was developed by Reka Indah Development, and was completed in 2016. There are dual-key units, and these will bode well for investors or families looking for more personal space.
There are two blocks, and six to seven units per floor. As for facilities, there’s a multi-purpose hall, children’s play area, barbeque area, gym, treehouse, hiking track, herb garden, spa hut and swimming pool, among others. There’s also a sky bridge-cum-viewing point at Orchard Ville.
Orchard Ville is about 20 minutes from the Penang Second Bridge and six minutes from the Penang International Airport.
For a 1,080 sq ft 3-bedroom unit listed for sale at RM480,000, you’d need to pay RM2,044 per month. This is based on iProperty’s mortgage calculator.
*The 4.50% interest rate used here was among the highest rates offered by banks, depending on various financial borrower factors. Click here to know more about current effective lending rates.
For Orchard Ville units that are listed RM500,000 and below, click here.
→ Check your home loan eligibility with iProperty’s LoanCare!
4. Emerald Residence, Bayan Lepas
| Property type | Condominium |
| Tenure | Freehold |
| Land title | Residential |
| Built-up | 1,114 sq ft – 1,177 sq ft |
| Units listed for sale | RM448,000 – RM480,700 |
| Units listed for rent | N/A |
| Completed | 2019 |
Emerald Residence was developed by TPPT Sdn Bhd and it is located just before Teluk Kumbar town. The project comprises three blocks of 28-storey condominium, with a total of 411 residential units.
It is built across 4.37 acres, and facilities on Level 4 include infinity pool, gym and recreation area.
Emerald Residence is the second condominium project in the Teluk Kumbar Heights township, a mixed development with terrace houses, bungalows, condominiums, shop offices, a school, and medium and low-cost apartments.
Emerald Residence is about 15 minutes’ drive to Penang Second Bridge.
For a 1,183 sq ft 3-bedroom unit listed for sale at RM488,000, you’d need to pay RM2,079 per month. This is based on iProperty’s mortgage calculator.
*The 4.50% interest rate used here was among the highest rates offered by banks, depending on various financial borrower factors. Click here to know more about current effective lending rates.
For Emerald Residence units listed for sale, click here.
→ Check your home loan eligibility with iProperty’s LoanCare!
5. Quaywest Residence, Bayan Lepas
| Property type | Condominium |
| Tenure | Freehold |
| Land title | Residential |
| Built-up | 1,220 sq ft – 2,013 sq ft |
| Units listed for sale | RM460,000 – RM1.37mil |
| Units listed for rent | RM1,800 – RM3,500 |
| Completed | 2022 |
Quaywest Residence is developed by Asia Green Group, and it is located next to Penang World City. This sea-fronting development features built-ups from 760 sq ft to 2,013 sq ft, ranging between two-bedroom units up to spacious duplexes. There are 1,235 units in two 24-storey towers.
Facilities at Quaywest Residence include gymnasium, swimming pool, sky deck, and jacuzzi, among others. The development sits on 7.4-acre commercial land, located just five minutes away from Queensbay Mall at Persiaran Bayan Indah.
Quaywest Residence is located between both Penang bridges (2km from the Penang Bridge and 5km from the Second Penang Bridge), offering ease of access for future residents to set to mainland Penang.
For a 760 sq ft 2-bedroom unit listed for sale at RM488,000, you’d need to pay RM2,079 per month. This is based on iProperty’s mortgage calculator.
*The 4.50% interest rate used here was among the highest rates offered by banks, depending on various financial borrower factors. Click here to know more about current effective lending rates.
For Quaywest Residence units listed for sale at RM500,000 or below, click here.
→ Check your home loan eligibility with iProperty’s LoanCare!
Discover properties for rentProperties listed below RM500,000 in Batu Kawan (Seberang Prai)
Batu Kawan is a township on the mainland side of Penang Bridge 2. Just like Batu Maung, Batu Kawan has also benefited from the bridge’s proximity. Previously a sleepy agricultural area, it is now a bustling hub of commercial and residential activities. This mainland is expected to be the catalyst for Penang’s growth in the future.
Batu Kawan is seen to be one of the areas that would help Seberang Prai develop, as many industries are focused in that area. And the hotspot of this new township is Bandar Cassia, a development by Penang Development Corporation (PDC).
Penang Bridge 2 has boosted housing demand in Bandar Cassia and drawn the residential, commercial, and industrial sectors. PDC aims to realise their vision of developing a full-fledged smart eco-city there.
Batu Kawan Industrial Park (BKIP), which hosts about 30 multinational companies, has provided employment for more than 15,000 people. PDC is developing BKIP 2 and BKIP 3. Some of the major companies in BKIP include Micron, Hotayi Electronic, Lam Research, Boon Siew Honda, Iconic Medicare, UWC Holdings, Towam, Hewlett-Packard Malaysia Manufacturing, Boston Scientific Medical Device, Bosch Automotive, Penang Goldsmith Association, and Peninsula College.
As for developments, Aspen Vision Group, Eco World Development Group, Paramount Corporation Bhd, and of course, state-owned Penang Development Corporation (PDC), have introduced large-scale projects there.
Attractions and developments in or close to Batu Kawan include:
- Batu Kawan Industrial Park (BKIP)
- BKIP 2
- BKIP 3
- Aspen Vision City
- Design Village Outlet Mall
- Ikea
- Paramount Utropolis
- UOW Malaysia KDU Penang University College
- University of Hull
- Batu Kawan Forest
- One Auto Hub
- Columbia Asia Hospital
Batu Kawan is also part of the Penang Transport Master Plan (PTMP), an ambitious multi-billion ringgit project by the state government to address the traffic congestion on Penang island. It includes an undersea tunnel, highways, LRT and monorail lines as well as an extensive bus service statewide.
Property transaction prices in Batu Kawan
Based on iProperty’s Batu Kawan residential transaction prices, the median price is RM435,000 (YoY increase of 35.94%), while the median price per sq ft is RM299 (YoY increase of 39.69%). Data is based on transactions from Jan 2022 to Dec 2022.
1. Savana @ Utropolis, Batu Kawan
| Property type | Serviced residence |
| Tenure | Freehold |
| Land title | Commercial |
| Built-up | 912 sq ft, 1184 sq ft, 1255 sq ft, 1643 sq ft and 1550 sq ft |
| Units listed for sale | RM 488,000 – RM 625,000 |
| Units listed for rent | N/A |
| Expected completion | 2027 |
Savana is a 36-storey serviced apartment that’s part of Utropolis at Batu Kawan, and it is surrounded by mega infrastructures, residential developments, and commercial precincts.
Facilities will be on the 8th and 9th Floor, and they include a basketball, children’s playground, BBQ corner, multi-purpose hall, aqua gym, jacuzzi, steam, sauna, lounge, seating area, swimming pool, bubble pool, wading pool, gym and open terrace.
There are 522 units at Savana, and it is about 5 minutes’ walk to Design Village Outlet and UOW Malaysia KDU Penang University College. Savana also enjoy easy access to the Penang Second Bridge and the North-South Expressway.
Savana is developed by Paramount Property, and this project has not been officially launched. If interested, you may register your interest at the developer’s website.
For a 912 sq ft 2-bedroom unit listed for sale at RM488,000, you’d need to pay RM2,079 per month. This is based on iProperty’s mortgage calculator.
*The 4.50% interest rate used here was among the highest rates offered by banks, depending on various financial borrower factors. Click here to know more about current effective lending rates.
For Savana @ Ultrapolis units that are listed RM500,000 and below, click here.
→ Check your home loan eligibility with iProperty’s LoanCare!
2. Sensasi @ Utropolis, Batu Kawan
| Property type | Serviced residence |
| Tenure | Leasehold |
| Land title | Commercial |
| Built-up | 500 sq ft, 729 sq ft, 726 sq ft (dual-key) |
| Units listed for sale | RM320,000 – RM520,000 |
| Units listed for rent | RM800 – RM1,800 |
| Completed | 2019 |
Sensasi is the Phase 1 of the 44.3 acre Paramount Utropolis project. It comprises a total of 808 units, where 612 units are residential suites and 196 units are commercial offices / retail shops that spread across 3 levels.
Following the encouraging take-up rate of Sensasi, Suasana was launched – the second phase of Utropolis @ Batu Kawan.
Utropolis is close to several developments namely KDU University College and Ikea.
Suasana at Utropolis resides strategically in between the Second Penang Bridge that connects you to Penang island and the North-South Expressway that takes you to everywhere else you desire. Sensasi is only a 1km drive to the Penang Second Bridge, and about 29km to the Penang International Airport.
For a 500 sq ft studio unit listed for sale at RM330,000, you’d need to pay RM1,406 per month. This is based on iProperty’s mortgage calculator.
*The 4.50% interest rate used here was among the highest rates offered by banks, depending on various financial borrower factors. Click here to know more about current effective lending rates.
For Sensasi @ Utropolis units that are listed RM500,000 and below, click here.
→ Check your home loan eligibility with iProperty’s LoanCare!
3. Vivo Executive Apartment @ Aspen Vision City
| Property type | Serviced residence |
| Tenure | Freehold |
| Land title | Commercial |
| Built-up | 730 sq ft, 830 sq ft |
| Units listed for sale | RM344,000 – RM425,375 |
| Units listed for rent | N/A |
| Expected completion | Dec 2024 |
Vivo Executive Apartment can be transformed into a workspace. Built with a communal co-working space and a social kitchen for networking, it is strategically located within the self-sustaining metropolis of Aspen Vision City in Batu Kawan.
There are over 30 types of facilities, including seating alcove, sunken lounge, pool deck, pool cabana, lap pool, children’s play area, children’s wading pool, 300m jogging path, hang-out pavilion, event lawn, meditation deck, half basketball court, open plaza, outdoor fitness, gym, yoga and aerobic room, sauna, urban farming, barbeque lawn and pavilion, and outdoor dining.
The 247-acre Aspen Vision City is a joint venture between Aspen Group and IKANO Retail. It is an integrated city that will reshape Batu Kawan, Penang’s third satellite city.
Vivo Executive Apartment is situated less than 1.5km from Penang Second Bridge.
For a 730 sq ft 3-bedroom unit listed for sale at RM408,000, you’d need to pay RM1,738 per month. This is based on iProperty’s mortgage calculator.
*The 4.50% interest rate used here was among the highest rates offered by banks, depending on various financial borrower factors. Click here to know more about current effective lending rates.
For Vivo Executive Apartment units that are listed RM500,000 and below, click here.
→ Check your home loan eligibility with iProperty’s LoanCare!
4. Vertu Resort, Batu Kawan
| Property type | Condominium |
| Tenure | Leasehold |
| Land title | Residential |
| Built-up | 740 sq ft – 1,800 sq ft |
| Units listed for sale | RM480,000 – RM700,000 |
| Units listed for rent | RM1,700 – RM2,700 |
| Completed | 2021 |
Vertu Resort is a resort-inspired high-rise development by Aspen Group at Batu Kawan. It is the second phase (and the first residential development) in Aspen Vision City.
Vertu Resort comprises five blocks, with eight to 12 units per floor. There are 1,282 units and built-ups range from 740 sq ft to 1,800 sq ft.
There is a 200,000 sq ft facilities floor, with more than 70 types of facilities, including the longest swimming pool in Southeast Asia at 152m. Other project highlights include:
- On-demand services: Designated trolley lanes and trolley parking at car parks, smart locker for goods delivery, DIY Room with extensive tool selection, social kitchen, urban garden at rooftop, pool bar and NFC bracelets for children
- Walking distance to Ikea & Klippa Shopping Centre (500m)
- 4-tier security system
- GBI Silver certification
- Close to 25-acre Central Park (less than 300m)
Vertu Resort is strategically located at the landing point of the Second Penang Bridge.
For a 1,180 sq ft 4-bedroom unit listed for sale at RM486,000, you’d need to pay RM2,070 per month. This is based on iProperty’s mortgage calculator.
*The 4.50% interest rate used here was among the highest rates offered by banks, depending on various financial borrower factors. Click here to know more about current effective lending rates.
For Vertu Resort units that are listed RM500,000 and below, click here.
→ Check your home loan eligibility with iProperty’s LoanCare!
5. Suria @ Hijau E-Komuniti
| Property type | Apartment |
| Tenure | Leasehold |
| Land title | Residential |
| Built-up | 800 sq ft, 900 sq ft, 1,000 sq ft |
| Units listed for sale | RM310,000 |
| Units listed for rent | RM960 – RM1,500 |
| Completed | Suria Phase 1 (2018) Suria Phase 2 (expected 2025) |
Suria @ Hijau E-Komuniti is the first phase of affordable housing development by the Penang State Government at Batu Kawan. The project has 520 units, and is located within Bandar Cassia, about 500m from Design Village Outlet.
For a 1,000 sq ft 3-bedroom unit listed for sale at RM310,000, you’d need to pay RM1,320 per month. This is based on iProperty’s mortgage calculator.
*The 4.50% interest rate used here was among the highest rates offered by banks, depending on various financial borrower factors. Click here to know more about current effective lending rates.
For Suria @ Hijau E-Komuniti units that are listed RM500,000 and below, click here.
→ Check your home loan eligibility with iProperty’s LoanCare!
Potential For Growth
With the Penang Bridge 2 acting as a connector between the island and the mainland, Batu Maung and Batu Kawan are poised to be a property hotspot. Plus, with the state government’s ongoing efforts to promote Penang as a hub for business and tourism, the demand for properties in this area is expected to remain strong.
Discover properties for saleDisclaimer: The information is provided for general information only. iProperty.com Malaysia Sdn Bhd makes no representations or warranties in relation to the information, including but not limited to any representation or warranty as to the fitness for any particular purpose of the information to the fullest extent permitted by law. While every effort has been made to ensure that the information provided in this article is accurate, reliable, and complete as of the time of writing, the information provided in this article should not be relied upon to make any financial, investment, real estate or legal decisions. Additionally, the information should not substitute advice from a trained professional who can take into account your personal facts and circumstances, and we accept no liability if you use the information to form decisions.