There are currently 24,402 properties for sale in Penang on SuperHomes as of July 2026, updated daily from verified agents and owners.

It varies widely by area, property type and tenure, so a single figure can mislead. The live asking-price range and typical psf for Penang are shown in the market snapshot above, and you can cross-check real transacted prices on our property transaction map.

Look for established neighbourhoods that balance price against transport, schools and amenities. The "Browse Penang Property by Area" links above rank sub-areas by listing activity — a good starting point for where supply and choice are strongest.

Penang has both. Older townships tend to be leasehold (typically a 99-year tenure), while many newer developments are freehold. Always confirm the tenure on the individual listing and title before committing.

Yes, above the state's minimum purchase threshold (commonly around RM1 million, though it varies by state). Foreigners cannot buy low-cost housing, auction units or Malay reserved land — confirm the current Penang rules with the state authority.

A subsale purchase typically takes 3–6 months from SPA signing to keys. A new launch follows the construction timeline, which can be anywhere from 1 to 4 years.