penangproperty
CompletedfreeholdEst. 2019

Eco World Development

Eco Terraces

Paya Terubong

From

RM 900K

RM 850 PSF · Completion 2019

Tenure

freehold

Title

TBC

Total Units

333

Completion

2019

From
RM 900K
PSF
RM 850
Tenure
freehold
Total units
333
Status
completed
Completion
2019

Project Tracking

We're tracking Eco Terraces — not yet personally reviewed by Zac

This project is in our database from public sources (2 sources) from Eco World Development. 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 Eco Terraces details on WhatsApp

Facilities

Infinity PoolLap PoolGymnasiumYoga DeckJogging TrackTreetop WalkSky GardenBBQ TerraceFunction RoomPlayground24-Hour SecurityCCTVCovered Parking

What's nearby

🏥 Healthcare

  • Hospital Pulau Pinang4.5km
  • Island Hospital5.0km

🎓 Schools

  • Sekolah Kebangsaan Paya Terubong1.0km
  • Universiti Sains Malaysia (USM)3.0km
  • Penang Hill Primary School2.5km

🛍 Shopping

  • Ayer Itam Market & Shops2.5km
  • Queensbay Mall6.0km
  • Island Plaza5.5km

Monthly Instalment Calculator

Monthly Instalment

RM 3,635

Total Interest

RM 716,793

Total Outlay

RM 1,616,793

📲 Discuss financing options with Zac

Paya Terubong — area snapshot

Price range

RM 200KRM 1.5M

asking prices in area

Active projects

1

selling or under construction

Subsale condos

1

completed projects

Total tracked

4

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 90,000
SPA stamp dutyRM 21,000
SPA legal feeRM 10,250
MOT stamp duty (at VP)

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

RM 21,000
Loan stamp duty (0.5%)RM 4,050
Loan agreement legal feeRM 4,050
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 153,350

New launch — typical developer savings

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

Cash rebate3% = RM 27,000
0%5%10%
Total developer savingsRM 45,350

Net upfront (after savings)

Based on typical 2026 new launch package

RM 108,000

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 Eco Terraces?

+
Units at Eco Terraces start from RM 900K (around RM 850 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is Eco Terraces freehold or leasehold?

+
Eco Terraces 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 2019, 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 Eco Terraces?

+
Eco Terraces is developed by Eco World Development. For Zac's honest read on the developer's track record and what to expect on delivery quality, WhatsApp directly.

From

RM 900K

Eco Terraces

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