penangproperty
Harbour View Residence — condominium, Harbour Place, Butterworth
New LaunchfreeholdresidentialEst. 2028

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 September 2026Developer prices basis. Last checked 2026-07-30. The project has not completed — no resale market yet.

Unit typeSize (sqft)Price fromPSF from
condominium950RM250,000~RM263
Z

Zac’s Take

Zac Ong

Harbour View Residence is a 373-unit condominium in Butterworth from RM250,000. The name suggests a harbour or waterfront-adjacent position — Butterworth's waterfront faces Georgetown across the channel, making actual harbour views a genuine selling point if the units face east. At RM250K, this matches Ari Mellizo pricing in the same corridor and is clearly targeting the same first-time buyer segment. If views are legitimately to Georgetown/the channel, this is a strong angle at this price point.

Harbour View Residence price list 2026

1 of 1 unit types have a published price · entry from RM250,000 · 373 units total · completing 2028

TypeSize (sqft)Price fromPSF (derived)Units
condominium950RM250,000~263373

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 2026-07-30. Developers reprice between phases — confirm the current list before committing.

Every unit type here sits below the RM600,000 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

Swimming PoolGymnasiumPickleball CourtMultipurpose Hall

🌏 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 Zac

Other projects in butterworth

All 6 others we track here, cheapest first — 4 of them still selling.

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 250KRM 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.

DownpaymentRM 25,000
SPA stamp duty (tiered 1–4%)RM 4,000
SPA legal feeRM 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 feeRM 1,125
Valuation feeRM 1,000
Search, admin, miscRM 1,000
Gross upfront totalRM 40,375

New launch — typical developer savings

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

Cash rebate3% = RM 7,500
0%5%10%
Total developer savingsRM 12,875

Net upfront (after savings)

Based on typical 2026 new launch package

RM 27,500

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

Does Harbour View Residence have sea/harbour views?

+
The name implies channel-facing units towards Georgetown — verify view orientation and floor selection with me.

What is the price of Harbour View Residence?

+
Starting from RM250,000.

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

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