penangproperty
Altus Residency — condominium, Prai
New LaunchfreeholdresidentialEst. 2028

G Land Development Sdn. Bhd. (Hua Yang Bhd)

Altus Residency

Prai

From

RM 736K

Completion 2028

Tenure

freehold

Title

residential

Total Units

148

Completion

2028

From
RM 736K
PSF
—
Tenure
freehold
Total units
148
Status
under construction
Completion
2028

Price at a glance

Prices as at November 2026 — Developer prices basis. Last checked 2026-10-05. The project has not completed — no resale market yet.

Unit typeSize (sqft)Price fromPSF from
All units1,295–2,802RM736,000~RM568
Z

Zac’s Take

Zac Ong

Altus Residency is a freehold condominium in Prai by Hua Yang Berhad: a boutique project of 148 homes with one- to four-bedroom layouts of about 1,295 to 2,802 sq ft, expected in the fourth quarter of 2028.

Prices start from around RM736,000, which puts it at the upper end of the Prai market, with large layouts that are rare for the area.

It suits buyers who want space and a low-density building close to the Prai industrial area, Seberang Jaya and the Penang Bridge. The mainland's foreign-buyer minimum for condos is RM500,000, so every unit here is open to foreign buyers.

Altus Residency price list 2026

0 of 2 unit types have a published price · completing 2028

TypeSize (sqft)Price fromPSF (derived)Units
Dual Key1,295–1,800On application——
Duplex1,800–2,800On application——

PSF is derived, not quoted — each row divides that type's price by its own square footage. Developers do not always state whether a published size is built-up or nett, and the two can differ by 20%. Ask for both in writing before you sign.

Developer price — the project has not completed, so there is no resale market to compare against, last checked 2026-10-05. Developers reprice between phases — confirm the current list before committing.

No published unit type clears the RM500,000 foreign-buyer minimum, but 2 types are priced on application — those may qualify. Ask before ruling the project out.

2 unit types are priced on application

Usually the penthouses and duplexes — developers hold those back rather than publish them. I can get you the current figure and the floor plan directly.

📲 Ask for the current price list

Altus Residency completion date

Altus Residency is expected to complete in 2028. It is under construction now.

Read that as the developer's target, not a guarantee. What matters contractually is the vacant possession date in your SPA — 36 months from the sale and purchase agreement for a strata title under the Housing Development Act, with liquidated damages payable if the developer misses it. A launch year quoted in marketing and the VP date you can enforce are different things, so check the SPA schedule before you plan a move-in or a tenancy.

Building specifications

Blocks
1
Floors
24
Total units
148

Facilities

Swimming PoolGymnasiumSmart Home System24-Hour Security

What's nearby

🏥 Healthcare

  • Hospital Seberang Jaya
  • Sunway Medical Centre Seberang Jaya

🎓 Schools

  • SMK Perai

🛍 Shopping

  • Sunway Carnival Mall

Monthly Instalment Calculator

Monthly Instalment

RM 2,973

Total Interest

RM 586,178

Total Outlay

RM 1,322,178

Estimates only — not an offer, quotation, or representation of the developer's actual pricing or package. Actual instalments depend on the bank's approved rate, tenure and margin of financing.

📲 Discuss financing options with Zac

Other projects in prai

All 2 others we track here, cheapest first — all trading sub-sale.

Prai — area snapshot

Prai is an industrial and port-linked area on the mainland. Residential development here serves the industrial workforce segment.

Price range

RM 371K – RM 511K

asking prices in area

Active projects

0

selling or under construction

Subsale condos

2

completed projects

Total tracked

3

properties in this area

Total Cost Breakdown

Every cost you'll pay — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.

DownpaymentRM 73,600
SPA stamp duty (tiered 1–4%)RM 16,080
SPA legal feeRM 8,610
MOT stamp duty (at VP)

Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer.

RM 16,080
Loan stamp duty (0.5%)RM 3,312
Loan agreement legal feeRM 3,312
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 123,994

New launch — typical developer savings

Toggle what the developer is absorbing. Confirm the actual package before signing.

Cash rebate3% = RM 22,080
0%5%10%
Total developer savings− RM 37,314

Net upfront (after savings)

Based on typical 2026 new launch package

RM 86,680

Estimates only, based on 2026 Penang state rules — not an offer, quotation, or representation of the developer's actual package. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →

Frequently asked questions

What is the price of Altus Residency?

+
Altus Residency runs RM736,000 and up. That is the developer's price. The project has not completed, so there is no resale market to compare against yet. Checked 2026-10-05.

Is Altus Residency freehold or leasehold?

+
Altus Residency is freehold, on a residential title. Those are two separate facts and only the first usually appears in marketing.

Can a foreigner buy at Altus Residency?

+
Yes. Seberang Perai sets a RM500,000 minimum for foreign buyers of strata property. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.

When will Altus Residency be completed?

+
Altus Residency is expected to be completed in 2028, by G Land Development Sdn. Bhd. (Hua Yang Bhd). That's the developer's target. The date that counts is the handover date in your sale agreement, which under Malaysian housing law is usually 36 months from signing.

How big are the homes at Altus Residency?

+
Homes range from about 1,295 to 2,802 sq ft. There are 148 homes in total.

Substitutes worth comparing

Open full comparison →

Same area family, same property type, similar price band — what most buyers actually cross-shop.

From

RM 736K

Altus Residency

Chat with Zac now