New launch and housing projects in Kuala Terengganu
One verified development is listed here for Kuala Terengganu: Qubaz Suites on Jalan Kampung Tiong by EXSIM Kg Tiong (KT) Sdn Bhd — 759 serviced apartments over retail, GreenRE certified, in three layout families from a 388 sq ft studio through a 506 sq ft two-bedroom to a 753 sq ft three-bedroom. EXSIM publishes room schedules in both square feet and square metres, and eighteen dated construction photographs across six consecutive quarters. It publishes no price list and no tenure, so no price band is shown here.
The site is on the waterfront edge of Chinatown: the Terengganu river mouth and city centre under 1 km away, the waterfront on the southern frontage, the MBKT bus terminal to the east, Dataran Syahbandar to the north, the Duyong, Raja and Tuan Ngah islands a boat ride out and Sultan Mahmud Airport about 15 minutes away.
For a Malaysian buyer this is straightforward. For a non-citizen it probably is not. Terengganu's foreign purchase floor is RM1,000,000, matching the federal guideline, and the largest layout here is 753 sq ft — it would need roughly RM1,328 per square foot to qualify, with the studio needing about RM2,577. Terengganu is a peninsular state, so section 433B consent from the State Authority applies. Since 1 January 2026 a flat 8% stamp duty applies to non-citizens acquiring residential property, with serviced apartments named expressly in the legislation. Get the eligibility answer from the land office in writing before any booking fee.
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