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 September 2026 — Developer prices basis. Last checked 2026-07-30. The project has not completed — no resale market yet.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 1,033 | RM578,000 | RM560 |
Zac’s Take
Zac Ong
Seiras is Paramount Property's yield-focused tower in Batu Kawan — 43 floors, 411 units, all 1,033 sqft. Two configurations: Dual-Key (285 units, RM 578K+) and Triple-Key (126 units, RM 641K+). Both same footprint, different internal sub-division. Freehold commercial-HDA.
The pitch is rental yield, not own-stay comfort. A 1,033 sqft footprint sliced into 2-3 self-contained suites means you can rent multiple keys independently. 3.0m ceilings in the living area, 2.6m kitchen, 2.4m washroom — a bit tight, par for the segment. 4-tier security with digital lock entry per key.
My honest take: Seiras is a single-use-case product — if you're not buying it for the yield/multi-tenant rental thesis, look elsewhere. The triple-key at RM 641K+ gives you 3 rentable units in one SPA; the math is attractive if Batu Kawan rental demand holds, but you're betting on tenant supply continuing as Science Park hiring continues. Best for investor buyers with active rental management capacity (or an outsourced manager). Ask me how the triple-key compares to running 3 separate units in Ceria across the road on yield-after-management-cost.
Seiras Residences price list 2026
0 of 2 unit types have a published price · 411 units total · completing 2028
| Type | Size (sqft) | Price from | PSF (derived) | Units |
|---|---|---|---|---|
| ADual-Key (285 units) | 1,033 | On application | — | 285 |
| BTriple-Key (126 units) | 1,033 | On 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 2026-07-30. Developers reprice between phases — confirm the current list before committing.
No published unit type clears the RM600,000 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 listSeiras 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
What's nearby
🏥 Healthcare
- Columbia Asia Hospital Batu Kawan1.5km
- KPJ Penang Specialist Hospital8.0km
🎓 Schools
- UOW Malaysia KDU Penang University College200m
- The Ship Peninsula College500m
- GEMS International School5.0km
🛍 Shopping
- Design Village Outlet Mall800m
- IKEA Batu Kawan1.2km
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 ZacOther projects in batu kawan
All 17 others we track here, cheapest first — 11 of them still selling.
- Ion VivaceRM290K
- Vivo Executive ApartmentRM350K
- VersaRM380K
- Sinaran ResidencesRM400K
- Irama D' Eco SunRM450K
- Forescape @ MetrioplaceRM498K
- Anggun ResidencesRM503K
- Vertu ResortRM509K
- Ceria Service Apartment @ Eco HorizonRM510K
- Andabreeze ResidencesRM518K
- Savana @ Utropolis Batu KawanRM541K
- ViResidence @ Savantia ValleyRM550K
- Suasana @ UtropolisRM700K
- Everine @ Eco SunRM815K
- Dawson Collection @ Eco HorizonRM888K
- Mezon @ Park Enclave—
- Viluxe II: Courtyard Collection—
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 290K – RM 888K
asking prices in area
Active projects
11
selling or under construction
Subsale condos
5
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.
| Downpayment | RM 57,800 |
| SPA stamp duty (tiered 1–4%) | RM 11,340 |
| SPA legal fee | RM 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 fee | RM 2,601 |
| Valuation fee | RM 2,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 95,712 |
New launch — typical developer savings
Toggle what the developer is absorbing. Confirm the actual package before signing.
Net upfront (after savings)
Based on typical 2026 new launch package
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 Seiras Residences?
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What is the tenure of Seiras Residences?
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Can foreigners buy Seiras Residences?
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How many units does Seiras Residences have?
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From
RM 578K
Seiras Residences