3 Houses for Sale at Pegasus Residence
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Pegasus Residence is a gated and guarded freehold residential development located in Bukit Mertajam, Penang. It comprises of 117 units of double storey terrace houses. The project is developed by Pegasus Property Sdn Bhd. Pegasus Residence feature modern design with ample green spaces for relaxation and community activities without having to go too far. There are several ways to reach Pegasus Residence via the Lingkaran Luar Butterworth, Penang Bridge 1 & 2 or Lebuhraya Tun Dr Lim Chong Eu which will lead to Bukit Mertajam. Alternatively, the North South Expressway can also link directly into Bukit Mertajam. Within the area, it is served by several buses with the nearest bus stop approximately 4 minutes walking distance from Pegasus Residence. Meanwhile, you can also hail a taxi to get there. There are a host of amenities to which residents can get access to such as SK Kebun Sireh, SK Jalan Baharu Prai, for groceries residents can head to JMS Supermart Bukit Tengah, Mydin Bukit Mertajam,Wonderfull Supermarket and Econsave while for shopping there is always AEON Mall Bukit Mertajam. When it comes to food, residents will definitely be spoilt for choice with options such as Amma Curry House Kg Dock, Look Yuen Restaurant, De Aroma Tomyam and many more, all within short driving distances from Pegasus Residence. Within Pegasus Residence are facilities especially for resident’s usage such as club house, swimming pool, water fun park, landscaped garden, playground, jogging track, 24 hours security and covered car park. There are a total of 117 units of double storey terrace houses with built-up from 1,760 sf to 2,392 sf of either 4 bedrooms or 5 bedrooms units. The current selling price ranges from RM 590,000 - RM 740,000 for a 2,392 sf 4 bedroom unit. The current yield is around 2.5% compared to 2.48% in Q2 2018 while the rental yield is 2.38% in Q1 2020. Other projects in the same neighbourhood worthy to look at include Prominence @ Bukit Mertajam, BM City Suites @ BM City Mall, BM Residence Condominium, Pangsapuri Delima Intan, Kondominium Mutiara (Bandar Perda) and Mahkota Impian.
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Recent search data shows the project remains relevant to active buyer seekers in the area, drawing on 30 days of PropertyGuru search activity. The property continues to draw buyer interest in the local market, maintaining a steady presence among those exploring residential options.
Pricing by Unit Types:- 4-Bedroom Units:
- Avg Asking Price: RM 680K
- Avg PSF: RM 337 psf
- Available Units: 1
- 5+ Bedroom Units:
- Avg Asking Price: RM 800K
- Avg PSF: RM 362 psf
- Available Units: 1
- TAMAN LIMAU MANIS (1146m, 13-14 mins) — Convenient local transport link for residents heading towards the main town area.
- PETRONAS BUKIT TENGAH (1183m, 14-15 mins) — Easy access to bus routes along the main road for daily commuting needs.
- KAMPUNG TENGAH KEBUN SIREH (1332m, 16-17 mins) — Additional bus connectivity serving the surrounding residential neighbourhood.
- SJK (CINA) PENG BIN (1312m, 15-16 mins) — A well-established local primary school providing quality education within a short drive.
- SK KEBUN SIREH (1834m, 22-23 mins) — Nearby national school option that is very handy for families with school-going children.
- KUANG CHIN HUANG TABIB CINA (791m, 9-10 mins) — Traditional healthcare services located nearby for wellness and consultation.
- CHILDREN HANDICAP CENTRE (1817m, 21-22 mins) — Specialized community support facility located within the Bukit Tengah vicinity.
- CHANG KEE SEAFOOD RESTORAN (546m, 6-7 mins) — Great spot for fresh seafood dinners with the family just a quick trip away.
- RESTORAN (LIU KAH) (903m, 10-11 mins) — Popular local eatery offering a variety of familiar dishes for a simple daily meal.
- KFC JURU AUTO CITY (1153m, 13-14 mins) — Quick and easy fast food option located at the nearby lifestyle hub.
- HONG LEONG BANK (1828m, 21-22 mins) — Full-service banking branch nearby to handle all your financial transactions.
- OCBC BANK (1939m, 23-24 mins) — Another reliable banking option for residents and business owners in the area.
- SHELL SELECT (629m, 7-8 mins) — Perfect for quick snacks or emergency supplies while refuelling the car.
- FAMILYMART (1772m, 21-22 mins) — Modern convenience store offering a wide range of ready-to-eat meals and imported treats.
- HAPPY MART (1880m, 22-23 mins) — Handy local mart for grabbing daily household essentials without the crowd.
- SURAU BUKIT TENGAH (314m, 3-4 mins) — Very close prayer facility for the local Muslim community.
- DIOCESE OF WEST MALAYSIA (794m, 9-10 mins) — Nearby religious centre serving the local Christian community.
- SRI MANGALA TEMPLE BUKIT TENGAH (1281m, 15-16 mins) — Local Hindu temple providing a place for spiritual activities and community gathering.
- FIRST STEP KINDERGARTEN (1417m, 17-18 mins) — Early childhood education centre located nearby for young children starting their learning journey.
Pegasus Residence currently shows limited market activity with no recent sales transactions recorded.
- PG Pulse Insight: The project maintains a quiet market profile with no recent sales transactions recorded in the past year.
Published date: July 2, 2026