2 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. This property continues to retain a presence in recent search activity for the local market, indicating it stays within the consideration set of those exploring residential options.
Pricing by Unit Types:- 4-Bedroom Units:
- Avg Asking Price: RM 800K
- Avg PSF: RM 362 psf
- Available Units: 1
- TAMAN LIMAU MANIS (1146m, 13-14 mins) — Local bus services provide a straightforward way to navigate around the Bukit Tengah neighbourhood.
- PETRONAS BUKIT TENGAH (1183m, 14-15 mins) — Convenient stop located near essential services for easy daily commuting.
- SJK (CINA) PENG BIN (1312m, 15-16 mins) — A reputable primary school nearby that serves as a key educational pillar for the local community.
- SK KEBUN SIREH (1834m, 22-23 mins) — Established national school providing accessible primary education for families in the area.
- FIRST STEP KINDERGARTEN (1417m, 17-18 mins) — Nearby early childhood education centre making the morning school run easier for parents.
- KUANG CHIN HUANG TABIB CINA (791m, 9-10 mins) — Traditional healthcare services available within a short walk for wellness and recovery.
- CHILDREN HANDICAP CENTRE (1817m, 21-22 mins) — Specialized community support facility located within the vicinity.
- CHANG KEE SEAFOOD RESTORAN (546m, 6-7 mins) — Popular local seafood spot perfect for family dinners just a short stroll away.
- RESTORAN (LIU KAH) (903m, 10-11 mins) — Nearby eatery offering convenient daily meal options for residents.
- KFC JURU AUTO CITY (1153m, 13-14 mins) — Quick dining choice located at the vibrant Auto City hub for weekend treats.
- HONG LEONG BANK (1828m, 21-22 mins) — Full-service banking facility nearby to handle all personal and business financial needs.
- OCBC BANK (1939m, 23-24 mins) — Additional banking option providing essential financial services to the local community.
- SHELL SELECT (629m, 7-8 mins) — Handy stop for quick snacks and emergency household supplies.
- FAMILYMART (1772m, 21-22 mins) — Popular convenience store offering a variety of ready-to-eat meals and imported treats.
- SURAU BUKIT TENGAH (314m, 3-4 mins) — Very close prayer facility providing convenience for the local Muslim community.
- SRI MANGALA TEMPLE BUKIT TENGAH (1281m, 15-16 mins) — Local temple serving the spiritual needs of the neighbourhood.
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: August 3, 2026