penangproperty
CompletedfreeholdresidentialEst. 1989

Arcadia

Jalan Kelawei, Pulau Tikus

From

RM 850K

RM 9401106 PSF · Completion 1989

Tenure

freehold

Title

residential

Total Units

30

Completion

1989

From
RM 850K
PSF
RM 940–1106
Tenure
freehold
Total units
30
Status
completed
Completion
1989
Z

Zac’s Take

Zac Ong

Arcadia is a tiny freehold low-rise on Jalan Kelawei, in the heart of Pulau Tikus — just 30 units, completed 1989. You buy it for the address and the density, not the vintage.

My honest take: prime Kelawei/Pulau Tikus prestige, strong expat rental pull, high psf (RM940–1,106) for the location. It's an older low-rise, so it's a location-and-scarcity play, not a spec play. From around RM850K. For a buyer who wants a foothold in the best part of Pulau Tikus, it's rare stock. Ask me what's listing.

Monthly Instalment Calculator

Monthly Instalment

RM 3,433

Total Interest

RM 676,971

Total Outlay

RM 1,526,971

📲 Discuss financing options with Zac

Pulau Tikus — area snapshot

Full area guide →

Pulau Tikus is a mature, low-rise residential neighbourhood favoured for its quiet streets and proximity to international schools. Low new supply makes completed units here relatively scarce.

Price range

RM 500KRM 4.1M

asking prices in area

Active projects

0

selling or under construction

Subsale condos

6

completed projects

Total tracked

8

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 85,000
SPA stamp dutyRM 19,500
SPA legal feeRM 9,750
MOT stamp duty (at VP)

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

RM 19,500
Loan stamp duty (0.5%)RM 3,825
Loan agreement legal feeRM 3,825
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 144,400

New launch — typical developer savings

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

Cash rebate3% = RM 25,500
0%5%10%
Total developer savingsRM 42,900

Net upfront (after savings)

Based on typical 2026 new launch package

RM 101,500

Estimates based on 2026 Penang state rules. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →

Frequently asked questions

Is Arcadia freehold?

+
Yes — freehold, residential title, an ultra-low-density (30-unit) low-rise on Jalan Kelawei, Pulau Tikus, completed in 1989.

Why is Arcadia sought after?

+
Prime Jalan Kelawei/Pulau Tikus location, very low density, and strong expat rental demand — you buy the address and scarcity.

What are prices at Arcadia?

+
Asking from about RM850K, at roughly RM940–1,106 psf. WhatsApp Zac for current listings.

Can foreigners buy at Arcadia?

+
Smaller units may fall below Penang Island's RM1,000,000 foreign-buyer threshold, while larger units clear it. Ask Zac to confirm whether a specific unit qualifies.

Substitutes worth comparing

Open full comparison →

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

From

RM 850K

Arcadia

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