penangproperty
CompletedfreeholdEst. 2019

PLB Engineering Bhd

Phoenix Residences

Taman Iping, Batu Maung

From

RM 1.12M

RM 600 PSF · Completion 2019

Tenure

freehold

Title

TBC

Total Units

34

Completion

2019

From
RM 1.1M
PSF
RM 600
Tenure
freehold
Total units
34
Status
completed
Completion
2019

Project Tracking

We're tracking Phoenix Residences — not yet personally reviewed by Zac

This project is in our database from public sources (2 sources) from PLB Engineering 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 Phoenix Residences details on WhatsApp

Monthly Instalment Calculator

Monthly Instalment

RM 4,524

Total Interest

RM 892,009

Total Outlay

RM 2,012,009

📲 Discuss financing options with Zac

Batu Maung — area snapshot

Full area guide →

Batu Maung is a quieter southern corner of the island near the second Penang Bridge. The area is developing steadily with a mix of mid-range condos and landed homes.

Price range

RM 360KRM 980K

asking prices in area

Active projects

2

selling or under construction

Subsale condos

3

completed projects

Total tracked

6

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 112,000
SPA stamp dutyRM 28,800
SPA legal feeRM 12,210
MOT stamp duty (at VP)

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

RM 28,800
Loan stamp duty (0.5%)RM 5,040
Loan agreement legal feeRM 5,040
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 194,890

New launch — typical developer savings

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

Cash rebate3% = RM 33,600
0%5%10%
Total developer savingsRM 55,890

Net upfront (after savings)

Based on typical 2026 new launch package

RM 139,000

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

Frequently asked questions

How much is Phoenix Residences?

+
Units at Phoenix Residences start from RM 1.12M (around RM 600 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is Phoenix Residences freehold or leasehold?

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Phoenix Residences 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 2019, 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 Phoenix Residences?

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Yes — Phoenix Residences 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 Phoenix Residences?

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Phoenix Residences is developed by PLB Engineering Bhd. For Zac's honest read on the developer's track record and what to expect on delivery quality, WhatsApp directly.

Substitutes worth comparing

Open full comparison →

Same area family, same property type, similar price band — what most buyers actually cross-shop.

From

RM 1.1M

Phoenix Residences

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