1 House for Sale at Treasure Ville
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Treasure Ville also known as Treasure Ville Apartment is an aged but well-maintained leasehold apartment situated at Lintang Thean Teik, Bandar Baru Farlim, Ayer Itam, Penang. It was completed in the year 1998. The development is built mainly to cater to those of lower income range. There are 96 units housed within a single block of 10 stories. Treasure Ville is considered a quiet area to call home and the units are well kept. It is a simple and cosy apartment project that is suitable for small to medium multigenerational families. These apartments are suitable for those with a tight budget who wish to own their own place. Due to its strategic location which is within close proximity to the First Penang Bridge, it offers good accessibility to the mainland. There are plenty of amenities in the surrounding area that can be accessed easily by residents of Treasure Ville. Travelling to and fro from the residence is made easy due to its proximity to the Thean-Teik highway and Lebuhraya Thean Teik via Jalan Thean-Teik which is located just behind the apartments. Residents with vehicles can easily access the nearest town for the amenities and it takes about 10 to 20 minutes to get there via Jalan Air Itam and Jalan Dato Keramat. For residents who prefer public transport, they can make use of the Air Itam Penang Bus Hub which is situated nearby. There is an abundance of amenities around Treasure Ville that residents can benefit from, such as schools, restaurants, clinics, malls and supermarkets. The schools within walking distance are SK Sri Aman, SK Ayer Itam, SMK Ayer Itam, SJK Sin Kang and Penang Free School which is also quite close by. As for clinics that are in the vicinity, they are Klinik Special Dr Yeoh Hock Chye, Neo Clinic, VISTA Eye Specialist Air Itam, Penang/ Lasik, Cataract Eye Surgery Penang, Heritage Traditional Treatment Center and Klinik Singapore. There are also malls and shopping centres located nearby, such as Sunshine Farlim Mall, Farlim Square, Atomy Ayer Itam Smart Eagle Center, Gurney Plaza and Giant Hypermarket where residents can get their daily necessities. Restaurants that offer a variety of cuisine are also aplenty, like Book Cafe Signature Farlim, Akasha Eating House, Consummation Of Life Vegetarian Restaurant, Restoran Daily Fish and Chang Thai Restaurant. CIMB Bank ATM, Public Bank, Hong Leong Bank ATM, Maybank and AmBank (M) Berhad are also located nearby. There are also places of worship and prayer like Hakka Temple, Madrasah Anjuman Himayathul Islam, Tamil Christian Worship Centre, Wadda Gurdwara and Nattukkottai Chettiar Temple located nearby for the convenience of the residents. Since Penang is a tourist attraction place, there are many interesting places that residents and tourist alike can visit during their free time, such as Penang Turf Club, Penang Hill, Penjang Botanical Garden, Viewing Deck and Temple of Clear View. The facilities in Treasure Ville vicinity are barbeque area, lounge, covered car park, nursery, playground and 24 hours security. Residents can entertain their guests at the lounge or barbeque area. Treasure Ville comes with several layouts which has a built-up of 870 square feet and these units offer 3 bedrooms and 2 bathrooms each. The units are priced between RM 350,000 to RM 380,000. This is pretty much a good home for own stay and even for investment. Treasure Ville is a beautiful serviced residence that allows its residents to enjoy quality living secluded from the outside world. Just as there is a variety of unit sizes and layouts, a variety in pricing is available. The units are priced accordingly.The houses here in Treasure Ville are pretty reasonably priced. Residents can also check out other properties that are being developed nearby to Treasure Ville. The other properties are The Tamarind @ Seri Tanjung Pinang, Quayside, The LIGHT COLLECTION II, The Golden Triangle, Andaman @ Quayside and The Light Linear @ The Light Waterfront.
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Recent market search behaviour suggests the project remains on the radar of local property seekers, drawing on 30 days of PropertyGuru search activity in Bandar Baru Air Itam. The development continues to maintain a visible presence within the local property landscape as active participants explore available apartment options in the township.
Pricing by Unit Types:- 3-Bedroom Units:
- Avg Asking Price: RM 310K
- Avg PSF: RM 356 psf (6.36% lower compared to Bandar Baru Air Itam average of RM 381 psf)
- Available Units: 1
- SMK AIR ITAM (222m, 2-3 mins) — Convenient bus access right near the school for students and residents heading towards the main road.
- PASARAYA SUNSHINE FARLIM (282m, 3-4 mins) — Easy transport link located right by the supermarket for quick trips home after grocery shopping.
- FORTUNE COURT (310m, 3-4 mins) — Central bus point that helps residents connect to various parts of Ayer Itam and beyond.
- SMK AIR ITAM (158m, 1-2 mins) — Secondary school located just a short walk away, making it very convenient for teenagers to get to class safely.
- SK SERI INDAH (176m, 2-3 mins) — Primary school situated extremely close to home, saving parents plenty of time on the morning school run.
- SJK (CINA) SIN KANG (539m, 6-7 mins) — Reputable vernacular school within walking distance for families seeking a Chinese-medium education.
- GEORGETOWN PHARMACY (294m, 3-4 mins) — Nearby pharmacy for quick access to medicine, healthcare supplies, and professional advice.
- SPRING CLINIC PENANG (346m, 4-5 mins) — Local medical clinic providing essential healthcare services and consultations for the family.
- SUNSHINE FARLIM (317m, 3-4 mins) — Popular local department store and supermarket that serves as a one-stop shop for all household needs.
- 99 SPEEDMART (323m, 3-4 mins) — Handy mini-market perfect for picking up daily essentials and groceries at competitive prices.
- SUNSHINE MALL (387m, 4-5 mins) — Larger retail hub nearby offering a wider variety of shopping options and services for the community.
- ZUS COFFEE (257m, 3-4 mins) — Modern coffee spot nearby for a quick caffeine fix or a casual place to meet up with friends.
- K FOOD RESTAURANT (258m, 3-4 mins) — Local dining option offering variety for residents who enjoy eating out without traveling far.
- JAMES FOO WESTERN FOOD (342m, 4-5 mins) — Well-known local eatery serving popular western dishes at affordable prices.
- HONG LEONG BANK (940m, 11-12 mins) — Accessible banking services nearby for managing personal finances and transactions.
- 7-ELEVEN (294m, 3-4 mins) — Round-the-clock convenience store for late-night snacks or urgent last-minute purchases.
- MASJID DESA MAWAR (357m, 4-5 mins) — Nearby mosque providing a convenient place for prayer and community activities for Muslim residents.
- MASJID BANDAR BARU AIR ITAM (493m, 5-6 mins) — Another major prayer hall within easy reach for the local community.
- MRC KIDS (401m, 4-5 mins) — Early learning centre located close by, ideal for young children starting their educational journey.
Treasure Ville demonstrates a positive trajectory in capital value with consistent growth in its price per square foot.
- PSF Appreciation: RM356.235 psf → RM372.706 psf over recent years (+4.62%) from 2023 - 2025.
- PG Pulse Insight: The project shows a steady upward trend in capital value with a PSF appreciation of +4.62%, indicating sustained interest in the development.
Published date: June 5, 2026