penangproperty
Rubica @ Harbour Place — serviced apartment, Harbour Place, Butterworth
New LaunchfreeholdresidentialEst. 2026

OSK Property

Rubica @ Harbour Place

Harbour Place, Butterworth

From

RM 484K

RM 512+ PSF · Completion 2026

Tenure

freehold

Title

residential

Total Units

230

Completion

2026

From
RM 484K
PSF
RM 512
Tenure
freehold
Total units
230
Status
under construction
Completion
2026

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 typeSize (sqft)Price fromPSF from
serviced residence946–1,335RM484,000~RM512
Z

Zac’s Take

Zac Ong

Rubica is OSK Property's freehold serviced residence in the Harbour Place township in Butterworth: a 34-storey tower with 230 homes, due around the third quarter of 2026.

There are five layouts of three and four bedrooms, about 946 to 1,335 sq ft, priced from about RM484,000. Maintenance including the sinking fund is estimated at about 30 sen per sq ft.

It suits families who want a larger new home in Butterworth near Penang Sentral and the ferry, at a mainland price. Expect commercial utility rates on serviced-residence title. Foreign buyers need RM500,000 for mainland condos, so only the dearer layouts qualify.

Rubica @ Harbour Place price list 2026

1 of 1 unit types have a published price · entry from RM484,000 · 230 units total · completing 2026

TypeSize (sqft)Price fromPSF (derived)Units
serviced residence946–1,335RM484,000~363230

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.

Rubica @ Harbour Place completion date

Rubica @ Harbour Place is expected to complete in 2026. 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
34
Total units
230

Facilities

Swimming PoolGymnasiumBalconyPanoramic Views

Monthly Instalment Calculator

Monthly Instalment

RM 1,955

Total Interest

RM 385,475

Total Outlay

RM 869,475

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 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.

DownpaymentRM 48,400
SPA stamp duty (tiered 1–4%)RM 8,680
SPA legal feeRM 6,050
MOT stamp duty (at VP)

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

RM 8,680
Loan stamp duty (0.5%)RM 2,178
Loan agreement legal feeRM 2,178
Valuation feeRM 1,000
Search, admin, miscRM 1,000
Gross upfront totalRM 78,166

New launch — typical developer savings

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

Cash rebate3% = RM 14,520
0%5%10%
Total developer savings− RM 24,926

Net upfront (after savings)

Based on typical 2026 new launch package

RM 53,240

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 Rubica @ Harbour Place?

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Rubica @ Harbour Place runs RM484,000 and up. That is the developer's price. The project has not completed, so there is no resale market to compare against yet. That works out to about RM512 per square foot. Checked 2026-10-10.

Is Rubica @ Harbour Place freehold or leasehold?

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Rubica @ Harbour Place is freehold, on a residential title. Those are two separate facts and only the first usually appears in marketing.

Can a foreigner buy at Rubica @ Harbour Place?

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Possibly, on the larger units. Seberang Perai sets a RM500,000 minimum for foreign buyers of strata property, and the entry price is below it; ask for the price of the specific unit before you plan around it. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.

When will Rubica @ Harbour Place be completed?

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Rubica @ Harbour Place is expected to be completed in 2026, by OSK Property. That's the developer's target. The date that counts is the handover date in your sale agreement, which under Malaysian housing law is usually 36 months from signing.

How big are the homes at Rubica @ Harbour Place?

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Homes range from about 946 to 1,335 sq ft. There are 230 homes in total.

Is Rubica a good rental investment in Butterworth?

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Butterworth has improving connectivity and rental demand. At RM480K, compare yield projections (aim for 4–5%) against comparable island-side product.

Substitutes worth comparing

Open full comparison →

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

From

RM 484K

Rubica @ Harbour Place

Chat with Zac now