penangproperty
New LaunchfreeholdresidentialEst. 2026

OSK Property

Rubica @ Harbour Place

Harbour Place, Butterworth

From

RM 480K

RM 507 PSF · Completion 2026

Tenure

freehold

Title

residential

Total Units

230

Completion

2026

From
RM 480K
PSF
RM 507
Tenure
freehold
Total units
230
Status
under construction
Completion
2026
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 — 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 — you could get into some Bayan Lepas or Bukit Mertajam products at similar pricing.

Rubica @ Harbour Place unit types

TypeConfigSize (sqft)UnitsCar parks
serviced residenceserviced residence946–1,335230
Total230

Building specifications

Blocks
1
Floors
34
Total units
230

Facilities

Swimming PoolGymnasiumBalconyPanoramic Views

What's nearby

🛍 Shopping

  • Penang Sentral1.0km

Monthly Instalment Calculator

Monthly Instalment

RM 1,939

Total Interest

RM 382,290

Total Outlay

RM 862,290

📲 Discuss financing options with Zac

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 250KRM 1.1M

asking prices in area

Active projects

5

selling or under construction

Subsale condos

2

completed projects

Total tracked

9

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 48,000
SPA stamp dutyRM 8,600
SPA legal feeRM 6,000
MOT stamp duty (at VP)

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

RM 8,600
Loan stamp duty (0.5%)RM 2,160
Loan agreement legal feeRM 2,160
Valuation feeRM 1,000
Search, admin, miscRM 1,000
Gross upfront totalRM 77,520

New launch — typical developer savings

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

Cash rebate3% = RM 14,400
0%5%10%
Total developer savingsRM 24,720

Net upfront (after savings)

Based on typical 2026 new launch package

RM 52,800

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 is the price of Rubica Harbour Place?

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

Is Rubica Harbour Place freehold?

+
Verify with me — 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 →

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

From

RM 480K

Rubica @ Harbour Place

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