penangproperty
CompletedfreeholdEst. 2021

Solid Balance Sdn. Bhd.

Jasmine Residence

Jalan Kampung Batak, Relau

From

RM 1.70M

RM 490 PSF · Completion 2021

Tenure

freehold

Title

TBC

Total Units

36

Completion

2021

From
RM 1.7M
PSF
RM 490
Tenure
freehold
Total units
36
Status
completed
Completion
2021

Project Tracking

We're tracking Jasmine Residence — not yet personally reviewed by Zac

This project is in our database from public sources (2 sources) from Solid Balance 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 Jasmine Residence details on WhatsApp

Jasmine Residence unit types

TypeConfigSize (sqft)UnitsCar parks
3-Storey Terrace3-Storey Terrace35
BungalowBungalow1
Total36

What's nearby

🛍 Shopping

  • Setia SPICE Convention Centre2.0km
  • Queensbay Mall3.5km

Monthly Instalment Calculator

Monthly Instalment

RM 6,867

Total Interest

RM 1,353,943

Total Outlay

RM 3,053,943

📲 Discuss financing options with Zac

Relau — area snapshot

Price range

RM 400KRM 590K

asking prices in area

Active projects

0

selling or under construction

Subsale condos

3

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 170,000
SPA stamp dutyRM 52,000
SPA legal feeRM 16,850
MOT stamp duty (at VP)

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

RM 52,000
Loan stamp duty (0.5%)RM 7,650
Loan agreement legal feeRM 7,650
Valuation feeRM 3,500
Search, admin, miscRM 1,000
Gross upfront totalRM 310,650

New launch — typical developer savings

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

Cash rebate3% = RM 51,000
0%5%10%
Total developer savingsRM 83,150

Net upfront (after savings)

Based on typical 2026 new launch package

RM 227,500

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 Jasmine Residence?

+
Units at Jasmine Residence start from RM 1.70M (around RM 490 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is Jasmine Residence freehold or leasehold?

+
Jasmine Residence 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?

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Expected Vacant Possession is 2021, 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).

Can foreigners buy Jasmine Residence?

+
Yes — Jasmine Residence meets the Penang state foreign-buyer minimum (RM1M stratified on Penang Island, RM600K mainland). Foreigners pay a 3% state levy (island) plus state consent fees on top of standard transaction costs. Full walkthrough: see the Penang foreign buyer guide or message Zac directly.

Who is the developer of Jasmine Residence?

+
Jasmine Residence is developed by Solid Balance Sdn. Bhd.. For Zac's honest read on the developer's track record and what to expect on delivery quality, WhatsApp directly.

From

RM 1.7M

Jasmine Residence

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