penangproperty
CompletedfreeholdEst. 2025

JKP Sdn. Bhd.

Elvina @ Balik Pulau

Jalan Sungai Nipah 2, Balik Pulau

From

RM 700K

RM 244 PSF · Completion 2025

Tenure

freehold

Title

TBC

Total Units

26

Completion

2025

From
RM 700K
PSF
RM 244
Tenure
freehold
Total units
26
Status
completed
Completion
2025

Project Tracking

We're tracking Elvina @ Balik Pulau — not yet personally reviewed by Zac

This project is in our database from public sources (4 sources) from JKP Sdn. Bhd.. 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 Elvina @ Balik Pulau details on WhatsApp

Elvina @ Balik Pulau unit types

TypeConfigSize (sqft)UnitsCar parks
2-Storey Terrace2-Storey Terrace1,400–1,800
2-Storey Semi-Detached2-Storey Semi-Detached1,800–2,200
Total

Facilities

Gated & Guarded

What's nearby

🏥 Healthcare

  • Klinik Kesihatan Balik Pulau3.0km
  • Hospital Balik Pulau3.5km

🎓 Schools

  • Balik Pulau Vocational College300m
  • Mara College Balik Pulau500m
  • SMK Balik Pulau3.0km
  • SK Balik Pulau3.0km

🛍 Shopping

  • Balik Pulau Town Centre (shops & wet market)3.0km
  • Econsave Balik Pulau3.5km

Monthly Instalment Calculator

Monthly Instalment

RM 2,827

Total Interest

RM 557,506

Total Outlay

RM 1,257,506

📲 Discuss financing options with Zac

Balik Pulau — area snapshot

Price range

RM 600KRM 875K

asking prices in area

Active projects

2

selling or under construction

Subsale condos

2

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 70,000
SPA stamp dutyRM 15,000
SPA legal feeRM 8,250
MOT stamp duty (at VP)

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

RM 15,000
Loan stamp duty (0.5%)RM 3,150
Loan agreement legal feeRM 3,150
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 117,550

New launch — typical developer savings

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

Cash rebate3% = RM 21,000
0%5%10%
Total developer savingsRM 35,550

Net upfront (after savings)

Based on typical 2026 new launch package

RM 82,000

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 Elvina @ Balik Pulau?

+
Units at Elvina @ Balik Pulau start from RM 700K (around RM 244 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is Elvina @ Balik Pulau freehold or leasehold?

+
Elvina @ Balik Pulau 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 2025, 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 Elvina @ Balik Pulau?

+
Elvina @ Balik Pulau is developed by JKP Sdn. Bhd.. For Zac's honest read on the developer's track record and what to expect on delivery quality, WhatsApp directly.

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

From

RM 700K

Elvina @ Balik Pulau

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