PJD Eastern Land Sdn. Bhd. (OSK Property)
Harbour View Residence
Harbour Place, Butterworth
From
RM 250K
RM 263+ PSF · Completion 2028
Quota-restricted affordable housing under the Penang state Rumah MutiaraKu programme (LPNPP register). Price shown is the statutory tier price, not an open-market price. Eligibility, income ceilings and a resale moratorium apply, and the units are not available to foreign buyers.
Tenure
freehold
Title
residential
Total Units
373
Completion
2028
- From
- RM 250K
- PSF
- RM 263
- Tenure
- freehold
- Total units
- 373
- Status
- under construction
- Completion
- 2028
Price at a glance
Prices as at November 2026 — Developer prices basis. Last checked 2026-10-10. The project has not completed — no resale market yet.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| condominium | 950 | RM250,000 | ~RM263 |
Zac’s Take
Zac Ong
Harbour View Residence is OSK Property's affordable-housing tower in the Harbour Place township in Butterworth: 32 storeys with 373 freehold homes from about 950 sq ft, above a six-level car park, due in 2028.
Homes are sold from RM250,000 under the state's Rumah MutiaraKu scheme, with income limits and resale restrictions.
If you qualify, it's a new home close to Jalan Chain Ferry and Penang Sentral, with a pool and gym. It isn't open to foreign buyers.
Harbour View Residence price list 2026
1 of 1 unit types have a published price · entry from RM250,000 · 373 units total · completing 2028
| Type | Size (sqft) | Price from | PSF (derived) | Units |
|---|---|---|---|---|
| condominium | 950 | RM250,000 | ~263 | 373 |
PSF is derived, not quoted — each row divides that type's price by its own square footage. Developers do not always state whether a published size is built-up or nett, and the two can differ by 20%. Ask for both in writing before you sign.
Developer price — the project has not completed, so there is no resale market to compare against, last checked 2026-10-10. Developers reprice between phases — confirm the current list before committing.
Every unit type here sits below the RM500,000 foreign-buyer minimum, so this project is open to Malaysian and PR buyers only.
Harbour View Residence completion date
Harbour View Residence is expected to complete in 2028. It is under construction now.
Read that as the developer's target, not a guarantee. What matters contractually is the vacant possession date in your SPA — 36 months from the sale and purchase agreement for a strata title under the Housing Development Act, with liquidated damages payable if the developer misses it. A launch year quoted in marketing and the VP date you can enforce are different things, so check the SPA schedule before you plan a move-in or a tenancy.
Building specifications
- Blocks
- 1
- Floors
- 32
- Total units
- 373
Facilities
🌏 Foreign buyer info
Not available to foreign buyers — allocated under a government affordable-housing scheme requiring Malaysian citizenship.
See also: Penang foreign buyer guide →
Monthly Instalment Calculator
Monthly Instalment
RM 1,010
Total Interest
RM 199,109
Total Outlay
RM 449,109
Estimates only — not an offer, quotation, or representation of the developer's actual pricing or package. Actual instalments depend on the bank's approved rate, tenure and margin of financing.
📲 Discuss financing options with ZacOther projects in butterworth
All 6 others we track here, cheapest first — 4 of them still selling.
- Ari MellizoRM250K
- Marminton HomesRM449K
- Rubica @ Harbour PlaceRM484K
- Wellspring ResidencesRM498K
- Majestic AmanRM585K
- Taman Selayang JayaRM1.09M
Butterworth — area snapshot
Full area guide →Butterworth is the main urban centre on Penang Mainland, connected to the island via ferry and the Penang Bridge. Active residential market with affordable entry prices.
Price range
RM 250K – RM 1.1M
asking prices in area
Active projects
4
selling or under construction
Subsale condos
2
completed projects
Total tracked
7
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 25,000 |
| SPA stamp duty (tiered 1–4%) | RM 4,000 |
| SPA legal fee | RM 3,125 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 4,000 |
| Loan stamp duty (0.5%) | RM 1,125 |
| Loan agreement legal fee | RM 1,125 |
| Valuation fee | RM 1,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 40,375 |
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 only, based on 2026 Penang state rules — not an offer, quotation, or representation of the developer's actual package. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →
Frequently asked questions
What is the price of Harbour View Residence?
+
Is Harbour View Residence freehold or leasehold?
+
Can a foreigner buy at Harbour View Residence?
+
When will Harbour View Residence be completed?
+
How big are the homes at Harbour View Residence?
+
Does Harbour View Residence have sea/harbour views?
+
Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.
From
RM 250K
Harbour View Residence