penangproperty
Seiras Residences — serviced apartment, Bandar Cassia, Batu Kawan, Penang Mainland
New LaunchfreeholdEst. 2028

Paramount Property (PW) Sdn Bhd

Seiras Residences

Bandar Cassia, Batu Kawan, Penang Mainland

From

RM 578K

RM 560+ PSF · Completion 2028

Tenure

freehold

Title

TBC

Total Units

411

Completion

2028

From
RM 578K
PSF
RM 560
Tenure
freehold
Total units
411
Status
under construction
Completion
2028

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
All units1,033RM578,000RM560
Z

Zac’s Take

Zac Ong

Seiras Residences is Paramount Property's freehold tower in the Utropolis township in Batu Kawan: 43 storeys and 411 homes, every one 1,033 sq ft, due in 2028.

The homes come in two versions of the same footprint: 285 dual-key units from about RM578,000 and 126 triple-key units from about RM641,000, each split into separately lockable sections.

It's built for owners who want to let parts of the home to separate tenants, or house family members side by side. If you just want an ordinary three-bedroom, other towers in the township suit you better. Every unit clears the RM500,000 mainland foreign-buyer minimum.

Seiras Residences price list 2026

0 of 2 unit types have a published price · 411 units total · completing 2028

TypeSize (sqft)Price fromPSF (derived)Units
ADual-Key (285 units)1,033On application—285
BTriple-Key (126 units)1,033On application—126

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.

No published unit type clears the RM500,000 foreign-buyer minimum, but 2 types are priced on application — those may qualify. Ask before ruling the project out.

2 unit types are priced on application

Usually the penthouses and duplexes — developers hold those back rather than publish them. I can get you the current figure and the floor plan directly.

📲 Ask for the current price list

Seiras Residences completion date

Seiras Residences is expected to complete in 2028. 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
42
Total units
411
Lifts per floor
5
Ceiling height
3.00m
Maint. fee
RM0.25/sqft
Security tiers
4-tier

Facilities

Dual-key and triple-key layouts (yield-focused)8-storey podium car park (L1–8)4-tier security4 passenger + 1 service lift

What's nearby

🏥 Healthcare

  • Columbia Asia Hospital Batu Kawan
  • KPJ Penang Specialist Hospital

🎓 Schools

  • UOW Malaysia KDU Penang
  • XCL International School (formerly GEMS)

🛍 Shopping

  • Design Village Outlet Mall
  • IKEA Batu Kawan

Monthly Instalment Calculator

Monthly Instalment

RM 2,335

Total Interest

RM 460,341

Total Outlay

RM 1,038,341

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 batu kawan

All 17 others we track here, cheapest first — 11 of them still selling.

Batu Kawan — area snapshot

Full area guide →

Batu Kawan is the fastest-growing area on the mainland, anchored by Ikea, Utropolis, and a growing retail ecosystem. Popular with first-time buyers seeking new launches below RM600K.

Price range

RM 308K – RM 888K

asking prices in area

Active projects

11

selling or under construction

Subsale condos

6

completed projects

Total tracked

18

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 57,800
SPA stamp duty (tiered 1–4%)RM 11,340
SPA legal feeRM 7,030
MOT stamp duty (at VP)

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

RM 11,340
Loan stamp duty (0.5%)RM 2,601
Loan agreement legal feeRM 2,601
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 95,712

New launch — typical developer savings

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

Cash rebate3% = RM 17,340
0%5%10%
Total developer savings− RM 29,572

Net upfront (after savings)

Based on typical 2026 new launch package

RM 66,140

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 Seiras Residences?

+
Seiras Residences runs RM578,000 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 RM560 per square foot. Checked 2026-10-10.

Is Seiras Residences freehold or leasehold?

+
Seiras Residences is freehold. I have not been able to confirm the land title class — check it with the developer, because a commercial title changes your utility tariffs and loan margin.

Can a foreigner buy at Seiras Residences?

+
Yes. Seberang Perai sets a RM500,000 minimum for foreign buyers of strata property. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.

When will Seiras Residences be completed?

+
Seiras Residences is expected to be completed in 2028, by Paramount Property (PW) Sdn Bhd. 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 Seiras Residences?

+
Homes range from about 1,033 sq ft. There are 411 homes in total.

What is Seiras Residences?

+
A freehold commercial-titled development by Paramount Property in Bandar Cassia, Batu Kawan — 411 units across 43 storeys, expected completion 2028.

Substitutes worth comparing

Open full comparison →

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

From

RM 578K

Seiras Residences

Chat with Zac now