Condo vs Landed Property in Penang
Based on 1,659 recorded sales in Penang (Oct 2024 to Sep 2025) and live SuperHomes listings. Listings refresh daily; sale figures update as official transaction data is published.
The short answer
In recorded sale transactions in Penang over the 12 months to Sep 2025, the median condo sold for RM350,000 and the median landed house for RM495,000. At the median, landed houses sold for 41% more than condos. This is based on 575 condo and 1,084 landed house sales.
Penang has two very different property markets. On the island (George Town and the rest of Timur Laut, plus Barat Daya in the south-west) land is scarce and most new homes are high-rise. On the mainland, across the three Seberang Perai districts, landed terraces and semi-Ds still make up much of the housing supply and prices are markedly lower.
That split drives the condo-versus-landed decision: many buyers are really choosing between a condo on the island and a landed home on the mainland. The figures below use recorded sale transactions across Penang's five districts and active SuperHomes listings, with the busiest districts for each type broken out.
Condo / high-rise vs Landed in Penang: the numbers
| Metric | Condo / high-rise | Landed |
|---|---|---|
| Recorded transactions (12 months to Sep 2025) | 575 | 1,084 |
| Median transacted price | RM350,000 | RM495,000 |
| Median transacted price psf | n/a | RM411 psf |
| Median price change, 2021 to 2025 | -28% | +1% |
| Active SuperHomes listings | 4 | 369 |
| Median asking price (active listings) | n/a | RM1,680,000 |
| Median asking psf (active listings) | n/a | RM614 psf |
Median sale price by year
| Year | Condo / high-rise | Landed |
|---|---|---|
| 2021 | RM483,000 (255) | RM490,000 (404) |
| 2022 | RM498,000 (728) | RM490,000 (1,852) |
| 2023 | RM460,000 (859) | RM487,000 (2,028) |
| 2024 | RM526,000 (860) | RM500,000 (2,046) |
| 2025 | RM348,500 (432) | RM495,000 (817) |
Number of recorded sales in brackets. The latest year is partial.
Where each type sells in Penang
Condo / high-rise
- Timur Laut311 sales · median RM380,000
- Barat Daya118 sales · median RM461,500
- Seberang Perai Tengah82 sales · median RM154,000
- Seberang Perai Utara49 sales · median RM250,000
- Seberang Perai Selatan15 sales · median RM85,000
Busiest districts by recorded sales
Landed
- Seberang Perai Tengah342 sales · median RM480,000
- Seberang Perai Selatan306 sales · median RM420,000
- Seberang Perai Utara226 sales · median RM427,500
- Timur Laut118 sales · median RM1,237,500
- Barat Daya92 sales · median RM796,000
Busiest districts by recorded sales
Which one suits you?
Choose a condo if
- You want to live on the island, close to George Town, Bayan Lepas or the Free Industrial Zone
- Your budget cannot stretch to landed property on the island
- You want sea or hill views and shared facilities
Choose a landed house if
- You are comfortable living on the mainland and commuting across one of the Penang bridges
- You want more space for your money than an island condo offers
- You want a ground-level home for a growing family or older parents
Frequently asked questions
How much does a condo cost compared with a landed house in Penang?
In recorded sale transactions in Penang over the 12 months to Sep 2025, the median condo sold for RM350,000 and the median landed house for RM495,000. At the median, landed houses sold for 41% more than condos. This is based on 575 condo and 1,084 landed house sales.
Is a landed house on Penang mainland cheaper than a condo on the island?
Often, yes. Landed homes in Seberang Perai are typically priced well below comparable space on the island, which is why many families trade an island condo for a mainland terrace. Compare the district medians on this page and factor in bridge tolls and commuting time.
Which is easier to resell in Penang, a condo or a landed house?
Landed homes generally attract a broader pool of owner-occupier buyers, especially on the mainland, while island condos resell best when they are close to employment hubs and well maintained. Resale speed depends heavily on pricing against recent transactions, so check the recorded medians before you list.
Keep researching
More property comparisons
How these figures are calculated
Transaction figures are medians of recorded sale transactions (JPPH-derived) in Penang's districts over the latest 12 recorded months (Oct 2024 to Sep 2025); recorded data is published with a lag, so the window trails today's date. Transacted price per square foot uses recorded built-up (floor) area only; sales without one are left out of that figure. Condo covers condominiums, apartments, flats and other high-rise units; landed covers terraced, semi-detached, detached, cluster and town houses. Listing figures are medians of active for-sale listings on SuperHomes in Penang, shown only when at least 5 listings have the figure. None of this is a valuation; always check comparable sales for the specific property.