Sevenco Prestige Sdn. Bhd.
Sevora Residences
Bukit Mertajam
From
RM 400K
RM 421+ PSF · Completion 2029
Quota-restricted affordable housing under the Penang state Rumah MutiaraKu programme (LPNPP register). Price shown is the statutory tier price, not an open-market price. Eligibility, income ceilings and a resale moratorium apply, and the units are not available to foreign buyers.
Tenure
freehold
Title
residential
Total Units
420
Completion
2029
- From
- RM 400K
- PSF
- RM 421
- Tenure
- freehold
- Total units
- 420
- Status
- under construction
- Completion
- 2029
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 | 950 | RM400,000 | RM421 |
Zac’s Take
Zac Ong
Sevora Residences is a 420-unit condominium in Bukit Mertajam from RM400,000. Mid-range condo in BM targeting the upgrader segment — buyers who want new-launch quality and facilities but at mainland pricing. At RM400K for a BM condo, this is above the mass-market BM projects (RM250–350K) and targeting dual-income professional families. Good facilities expected at this price point. BM's amenities — schools, hospitals, food, malls — have improved significantly and make it a legitimate residential destination in its own right.
Monthly Instalment Calculator
Monthly Instalment
RM 1,616
Total Interest
RM 318,575
Total Outlay
RM 718,575
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 bukit mertajam
All 11 others we track here, cheapest first — 8 of them still selling.
- Grains ResidencesRM136K
- Iconic HarmonyRM225K
- Aston Minka ResidencesRM250K
- Sejahtera 113RM369K
- The RimbunRM400K
- Marc ResidencesRM548K
- Serene Villas @ Sunway WellesleyRM680K
- Embun HillsRM803K
- Garden Superlink Phase 4RM846K
- Hijauan JernihRM975K
- Garden VillasRM1.19M
Bukit Mertajam — area snapshot
Full area guide →Bukit Mertajam is the mainland's commercial and residential hub on the Penang Mainland, serving as a transit node between Butterworth and the northern/southern corridors.
Price range
RM 136K – RM 1.2M
asking prices in area
Active projects
8
selling or under construction
Subsale condos
3
completed projects
Total tracked
12
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 40,000 |
| SPA stamp duty (tiered 1–4%) | RM 7,000 |
| SPA legal fee | RM 5,000 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 7,000 |
| Loan stamp duty (0.5%) | RM 1,800 |
| Loan agreement legal fee | RM 1,800 |
| Valuation fee | RM 1,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 64,600 |
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 the price of Sevora Residences?
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Is RM430K competitive for BM condos?
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Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.
From
RM 400K
Sevora Residences