penangproperty
CompletedfreeholdEst. 2022

Red Blue Development (TGB Group)

Celesta Residency

Jalan Sultan Azlan Shah, Sungai Nibong

From

RM 744K

RM 620 PSF · Completion 2022

Tenure

freehold

Title

TBC

Total Units

94

Completion

2022

From
RM 744K
PSF
RM 620
Tenure
freehold
Total units
94
Status
completed
Completion
2022

Project Tracking

We're tracking Celesta Residency — not yet personally reviewed by Zac

This project is in our database from public sources (5 sources) from Red Blue Development (TGB Group). Full pricing, floor plans, unit availability and Zac's honest take are available on direct request — most developers update pricing weekly and we share the current numbers immediately.

  • 📋 Latest price list & available unit types
  • 🏗️ Current construction stage and photos
  • 💬 Zac's honest assessment for your situation
  • 📞 Direct introduction to the developer if you want to view
📲 Get Celesta Residency details on WhatsApp

Celesta Residency unit types

TypeConfigSize (sqft)UnitsCar parks
2BR2BR850–900
3BR3BR1,250
4BR4BR1,650
PenthousePenthouse2,100
Total

Facilities

Swimming PoolChildren's PlaygroundAdult Fitness StationsCar Park

What's nearby

🛍 Shopping

  • Queensbay Mall2.0km

Monthly Instalment Calculator

Monthly Instalment

RM 3,005

Total Interest

RM 592,549

Total Outlay

RM 1,336,549

📲 Discuss financing options with Zac

Sungai Nibong — area snapshot

Full area guide →

Price range

RM 300KRM 530K

asking prices in area

Active projects

0

selling or under construction

Subsale condos

4

completed projects

Total tracked

5

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 74,400
SPA stamp dutyRM 16,320
SPA legal feeRM 8,690
MOT stamp duty (at VP)

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

RM 16,320
Loan stamp duty (0.5%)RM 3,348
Loan agreement legal feeRM 3,348
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 125,426

New launch — typical developer savings

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

Cash rebate3% = RM 22,320
0%5%10%
Total developer savingsRM 37,706

Net upfront (after savings)

Based on typical 2026 new launch package

RM 87,720

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

Frequently asked questions

How much is Celesta Residency?

+
Units at Celesta Residency start from RM 744K (around RM 620 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is Celesta Residency freehold or leasehold?

+
Celesta Residency is freehold — you own the land in perpetuity, no expiry date, no renewal fees. Freehold residential title remains genuinely scarce in central Penang Island.

When is the expected completion / VP?

+
Expected Vacant Possession is 2022, subject to developer execution. Defects liability period typically runs 24 months from VP. New launch buyers should budget for transaction costs at SPA and again at VP (MOT stamp duty).

Who is the developer of Celesta Residency?

+
Celesta Residency is developed by Red Blue Development (TGB Group). For Zac's honest read on the developer's track record and what to expect on delivery quality, WhatsApp directly.

Substitutes worth comparing

Open full comparison →

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

From

RM 744K

Celesta Residency

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