penangproperty
Rubica @ Harbour Place β€” serviced apartment, Harbour Place, Butterworth
New LaunchfreeholdresidentialEst. 2026

OSK Property

Rubica @ Harbour Place

Harbour Place, Butterworth

From

RM 484K

RM 512+ PSF Β· 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 September 2026 β€” Developer prices basis. Last checked 2026-07-30. The project has not completed β€” no resale market yet.

Unit typeSize (sqft)Price fromPSF from
serviced residence946–1,335RM484,000~RM363
Z

Zac’s Take

Zac Ong

Rubica @ Harbour Place is a 230-unit serviced apartment in Butterworth from RM480,000. This is the premium segment of Butterworth's new launch market β€” RM480K for a serviced apartment positions it above the mass market Butterworth condos at RM250K. The Harbour Place address suggests a waterfront or harbour-adjacent development. Serviced apartment (commercial title) means commercial utility rates, but also more flexibility for short-term rental/Airbnb if the management allows. At RM480K in Butterworth, buyers should compare carefully against the island β€” you could get into some Bayan Lepas or Bukit Mertajam products at similar pricing.

Rubica @ Harbour Place price list 2026

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

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

PSF is derived, not quoted β€” 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 β€” the project has not completed, so there is no resale market to compare against, last checked 2026-07-30. Developers reprice between phases β€” 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.

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 β€” 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

What's nearby

πŸ› Shopping

  • Penang Sentral1.0km

Monthly Instalment Calculator

Monthly Instalment

RM 1,955

Total Interest

RM 385,475

Total Outlay

RM 869,475

Estimates only β€” 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.

πŸ“² Discuss financing options with Zac

Other projects in butterworth

All 6 others we track here, cheapest first β€” 4 of them still selling.

Butterworth β€” area snapshot

Full area guide β†’

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 β€” 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 β€” 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 β€” 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 savingsβˆ’ 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 β€” 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 β†’

Frequently asked questions

What is the price of Rubica Harbour Place?

+
Starting from RM480,000 for 230 serviced apartment units.

Is Rubica Harbour Place freehold?

+
Verify with me β€” Butterworth land tenure varies by parcel.

Is Rubica a good rental investment in Butterworth?

+
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 β†’

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

From

RM 484K

Rubica @ Harbour Place

Chat with Zac now

πŸ”” Join 600+ Penang buyers on Zac's New Launch Alert

Be first to know when new projects drop β€” before they go public.

Join via WhatsApp β†’