Penang Development Corporation (PDC)
Cecil Residensi
Pintasan Cecil, George Town
From
RM 73K
RM 104– PSF · Completion 2024
Tenure
leasehold
Title
TBC
Total Units
348
Completion
2024
- From
- RM 73K
- PSF
- RM 104
- Tenure
- leasehold
- Total units
- 348
- Status
- completed
- Completion
- 2024
Zac’s Take
Zac Ong
Cecil Residensi is a 348-unit condominium in Georgetown from RM72,500 — another affordable housing scheme in the city centre. Same analysis as Foreshore Apartment: the RM72,500 price means this is eligibility-gated, likely for income-qualified or first-time Malaysian buyers. The Cecil Street area of Georgetown is a heritage neighbourhood with excellent food, cultural landmarks, and connectivity to Komtar and the ferry terminal. If you qualify for affordable housing and want a Georgetown address, these schemes are extremely rare and competitive to enter. Register interest early.
Cecil Residensi unit types
| Type | Config | Size (sqft) | Units | Car parks |
|---|---|---|---|---|
| 3BR | 3BR | 700 | 348 | — |
| Total | 348 | |||
Building specifications
- Blocks
- 1
- Floors
- 24
- Total units
- 348
Facilities
What's nearby
🏥 Healthcare
- Penang General Hospital2.0km
🎓 Schools
- SJKC Li Tek Cawangan500m
🛍 Shopping
- 1st Avenue Mall1.5km
Monthly Instalment Calculator
Monthly Instalment
RM 293
Total Interest
RM 57,742
Total Outlay
RM 130,242
Georgetown — area snapshot
Full area guide →Georgetown is the UNESCO World Heritage City and Penang's urban core. Heritage shophouses and modern serviced suites coexist; buyer profiles range from heritage lovers to city professionals.
Price range
RM 436K – RM 2.9M
asking prices in area
Active projects
4
selling or under construction
Subsale condos
6
completed projects
Total tracked
11
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.
| Downpayment | RM 7,250 |
| SPA stamp duty | RM 725 |
| SPA legal fee | RM 906 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 725 |
| Loan stamp duty (0.5%) | RM 326 |
| Loan agreement legal fee | RM 326 |
| Valuation fee | RM 1,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 12,259 |
New launch — typical developer savings
Toggle what the developer is absorbing. Confirm the actual package before signing.
Net upfront (after savings)
Based on typical 2026 new launch package
Estimates based on 2026 Penang state rules. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →
Frequently asked questions
What is Cecil Residensi?
+
Where is Cecil Street in Georgetown?
+
Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.
From
RM 73K
Cecil Residensi