New LaunchleaseholdcommercialEst. 2027

Bionic Land

Maritime Signature

Name: Maritime Signature
Brand: Bionic Land
Availability: InStock

Karpal Singh Drive, Jelutong

From

RM 500K

RM 832– PSF · Completion 2027

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📲 Price list 📲 Floor plans 📅 Site visit

Tenure

leasehold

Title

commercial

Total Units

235

Completion

2027

From: RM 500K
PSF: RM 832
Tenure: leasehold
Total units: 235
Status: under construction
Completion: 2027

Zac’s Take

Zac Ong

Maritime Signature is a 235-unit SOHO development in Jelutong from RM500,000. The maritime name reflects Jelutong's port and waterfront heritage. SOHO at RM500K in Jelutong is mid-market for a Penang Island new launch. The live-work format suits self-employed professionals or small businesses looking for an island address without the premium Georgetown commercial pricing. Jelutong's location between Georgetown and Bayan Lepas makes it accessible to both city and airport.

Maritime Signature unit types

Type	Config	Size (sqft)	Units	Car parks
Studio / 1BR	Studio / 1BR	625–960	232	—
Total			232

Building specifications

Blocks: 1
Floors: 47
Total units: 235

Facilities

Sky Infinity PoolSky GymnasiumSky BarRestaurantEV ChargingCar Wash

What's nearby

🏥 Healthcare

Hospital Lam Wah Ee2.0km
Penang General Hospital4.0km

🎓 Schools

SMK Jelutong1.5km

🛍 Shopping

Queensbay Mall5.0km
Gurney Plaza5.0km

Monthly Instalment Calculator

Property Price (RM)Down Payment (%)Loan Tenure (years)Interest Rate (%)

Monthly Instalment

RM 2,020

Total Interest

RM 398,218

Total Outlay

RM 898,218

📲 Discuss financing options with Zac

Jelutong — area snapshot

Full area guide →

Jelutong is a densely populated central-island area. New projects here target first-time buyers and investors rather than the luxury segment, with relatively accessible entry prices.

Price range

RM 100K – RM 969K

asking prices in area

Active projects

selling or under construction

Subsale condos

completed projects

Total tracked

properties in this area

Other projects in Jelutong

3 Residence · RM 550K Alton Skyvillas · RM 850K Artis 3 · RM 700K Central Residence · RM 713K Grace Harmony · RM 100K Setia Sky Ville · RM 750K Setia SV2 · RM 969K The Cube · RM 270K +2 more →

Total Cost Breakdown

Every cost you'll pay — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.

Purchase price (RM)

Downpayment (%)

First-time buyerForeign buyer

Downpayment	RM 50,000
SPA stamp duty	RM 9,000
SPA legal fee	RM 6,250
MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer.	RM 9,000
Loan stamp duty (0.5%)	RM 2,250
Loan agreement legal fee	RM 2,250
Valuation fee	RM 2,000
Search, admin, misc	RM 1,000
Gross upfront total	RM 81,750

New launch — typical developer savings

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

SPA legal fee absorbed

Panel lawyer provided by developer

− RM 6,250

Loan stamp duty absorbed

0.5% on loan amount

− RM 2,250

Loan legal fee absorbed

Loan documentation fees

− RM 2,250

MOT stamp duty absorbed

Rare — confirm with developer

—

Cash rebate3% = RM 15,000

0%5%10%

Total developer savings− RM 25,750

Net upfront (after savings)

Based on typical 2026 new launch package

RM 56,000

Estimates based on 2026 Penang state rules. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →

Frequently asked questions

What type is Maritime Signature?

SOHO (Small Office Home Office) — 235 units from RM500,000 in Jelutong.

Is RM500K reasonable for a Penang Island SOHO?

Yes — it's mid-market for the island. Georgetown SOHOs and heritage shophouses cost significantly more. Jelutong offers a practical mid-point location.

From

RM 500K

Maritime Signature

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