Eco World (Eco Horizon Sdn Bhd)
Ceria Service Apartment @ Eco Horizon
Bandar Cassia, Batu Kawan, Penang Mainland
From
RM 443K
RM 443– PSF · Completion 2027
Tenure
freehold
Title
commercial
Total Units
1302
Completion
2027
- From
- RM 443K
- PSF
- RM 443
- Tenure
- freehold
- Total units
- 1302
- Status
- under construction
- Completion
- 2027
Zac’s Take
Zac Ong
Ceria is Eco World's entry-tier serviced apartment inside the Eco Horizon township in Batu Kawan. 2 blocks of 31 floors, 1,300 units total, single 1,000 sqft layout. Freehold commercial title.
Block A launched in mid-2024 and was 80% sold by December; Block B has stock available. Pricing from RM 443K makes this one of the cheaper freehold options in Penang Mainland with a real developer behind it.
My honest take: Ceria's pitch is access to the Eco World ecosystem — gated community, Jaya Grocer on-site, Eco World's track record on township execution. Single layout means no agonising over which type to pick; it does mean limited resale differentiation. Maintenance at RM 180/month is genuinely cheap for the spec level. Best for first-time buyers, young professionals working at Penang Science Park or in Bayan Lepas (with the second bridge commute), and yield buyers targeting working-age tenants in Batu Kawan. Ask me whether Block B has any remaining low-floor stack stock — that's where the entry pricing is.
Ceria Service Apartment @ Eco Horizon unit types
| Type | Config | Size (sqft) | Units | Car parks |
|---|---|---|---|---|
| A | 2-3 bedroom semi-fitted | 1,000 | 0 | 1-2 |
| Total | 0 | |||
Building specifications
- Blocks
- 2
- Floors
- 31
- Total units
- 1,302
- Lifts per floor
- 5
- Ceiling height
- 2.74m
- Maint. fee
- RM0.18/sqft
- Security tiers
- 3-tier
Facilities
What's nearby
🏥 Healthcare
- Columbia Asia Hospital Batu Kawan2.0km
- I-Heal Medical & Tech Hub2.5km
🎓 Schools
- UOW Malaysia KDU Penang University College1.0km
- The Ship Peninsula College1.2km
- SJK(C) Kuang Yu2.0km
🛍 Shopping
- IKEA Batu Kawan500m
- Design Village Outlet Mall1.0km
- Aspen Vision City Mall1.5km
End-financing panel banks
Banks pre-approved for Ceria Service Apartment @ Eco Horizon — approach any of these for a faster loan approval process.
Pre-approved banks as at launch. Confirm current status with your preferred bank directly.
Monthly Instalment Calculator
Monthly Instalment
RM 1,789
Total Interest
RM 352,822
Total Outlay
RM 795,822
Batu Kawan — area snapshot
Full area guide →Batu Kawan is the fastest-growing area on the mainland, anchored by Ikea, Utropolis, and a growing retail ecosystem. Popular with first-time buyers seeking new launches below RM600K.
Price range
RM 290K – RM 920K
asking prices in area
Active projects
11
selling or under construction
Subsale condos
5
completed projects
Total tracked
17
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 44,300 |
| SPA stamp duty | RM 7,860 |
| SPA legal fee | RM 5,538 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 7,860 |
| Loan stamp duty (0.5%) | RM 1,994 |
| Loan agreement legal fee | RM 1,994 |
| Valuation fee | RM 1,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 71,545 |
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
How much is Ceria Service Apartment @ Eco Horizon?
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When is the expected completion / VP?
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Substitutes worth comparing
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From
RM 443K
Ceria Service Apartment @ Eco Horizon