BandingHouse

Sun Moon City

Timur Laut, Penang · High-rise (condo, apartment, flat) · Freehold

Homes in Sun Moon City have sold for a median of

RM160,000

RM239 psf on the recorded floor area

RM139,000median RM160,000RM200,000

Half of the 47 recorded sales fell between RM139,000 and RM200,000. One in ten went under RM123,800, one in ten over RM238,000. Sales run from 28 July 2021 to 8 January 2026.

Up 34% from a RM152,500 median in 2022 to RM205,000 in 2025.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Penang, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as high-rise (condo, apartment, flat) under a Freehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.

Year by year

YearMedian soldPer sq ftSales
2021RM154,000RM224 psf4
2022RM152,500RM229 psf8
2023RM160,000RM239 psf17
2024RM200,000RM290 psf9
2025RM205,000RM298 psf8
2026RM170,000RM247 psf1

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other high-rise (condo, apartment, flat) schemes in Timur Laut with enough recorded sales, cheapest first. By median sold price, Sun Moon City sits 10 of 154 in that set.

Against Penang

Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. Sun Moon City’s own median is RM160,000 — lower than that state median. Full Penang table.

Cash and monthly on the RM160,000 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM16,000
  • Transfer duty (MOT): RM2,200
  • Loan duty (0.5%): RM720
  • Total cash: RM18,920
  • Qualifying first home: RM16,000 (duties exempt)

Monthly carry

  • Instalment (35y @ 4.00%): RM638
  • Total monthly: RM638

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in Sun Moon City sold for?
A median of RM160,000 (RM239 psf), from 47 land-office transactions between 28 July 2021 and 8 January 2026.
What is a typical band here?
Half of recorded sales fell between RM139,000 and RM200,000. One in ten went under RM123,800; one in ten over RM238,000.
Has the median moved?
From RM152,500 in 2022 to RM205,000 in 2025 (+34%), using only years with five or more sales.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.