BSG Property & VST Group
Fairview Residence
Sungai Ara
From
RM 388K
RM 400– PSF · Completion 2020
Tenure
freehold
Title
TBC
Total Units
750
Completion
2020
- From
- RM 388K
- PSF
- RM 400
- Tenure
- freehold
- Total units
- 750
- Status
- completed
- Completion
- 2020
Zac’s Take
Zac Ong
Fairview Residence is a large 750-unit condominium in Sungai Ara from RM388,000. Mid-market island condo targeting families priced out of the northern corridor. Sungai Ara offers good access to Bayan Lepas, Queensbay, and the Second Bridge expressway. At RM388K for 750 units, Fairview competes directly with Treeo (RM300K, 1,240 units) in the same neighbourhood — slightly higher price but possibly better specs or fewer units per facility. Good for owner-occupiers wanting island living at mid-market pricing.
Fairview Residence unit types
| Type | Config | Size (sqft) | Units | Car parks |
|---|---|---|---|---|
| 3BR | 3BR | 970 | 750 | — |
| Total | 750 | |||
Building specifications
- Blocks
- 1
- Floors
- 34
- Total units
- 750
What's nearby
🏥 Healthcare
- Hospital Lam Wah Ee4.0km
🛍 Shopping
- Queensbay Mall3.0km
Monthly Instalment Calculator
Monthly Instalment
RM 1,567
Total Interest
RM 309,018
Total Outlay
RM 697,018
Sungai Ara — area snapshot
Full area guide →Sungai Ara is a mid-island residential area south of Bayan Lepas with a growing condo market. Well-connected to the airport and FTZ.
Price range
RM 300K – RM 2.2M
asking prices in area
Active projects
0
selling or under construction
Subsale condos
6
completed projects
Total tracked
8
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 38,800 |
| SPA stamp duty | RM 6,760 |
| SPA legal fee | RM 4,850 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 6,760 |
| Loan stamp duty (0.5%) | RM 1,746 |
| Loan agreement legal fee | RM 1,746 |
| Valuation fee | RM 1,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 62,662 |
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 the price of Fairview Residence?
+
How does Fairview compare to Treeo in Sungai Ara?
+
Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.
From
RM 388K
Fairview Residence