Sevenco Prestige Sdn. Bhd.
Sevora Residences
Bukit Mertajam
From
RM 430K
RM 453– PSF · Completion 2027
Tenure
freehold
Title
residential
Total Units
420
Completion
2027
- From
- RM 430K
- PSF
- RM 453
- Tenure
- freehold
- Total units
- 420
- Status
- under construction
- Completion
- 2027
Zac’s Take
Zac Ong
Sevora Residences is a 420-unit condominium in Bukit Mertajam from RM430,000. Mid-range condo in BM targeting the upgrader segment — buyers who want new-launch quality and facilities but at mainland pricing. At RM430K 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 1,737
Total Interest
RM 342,468
Total Outlay
RM 772,468
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 250K – RM 1.2M
asking prices in area
Active projects
9
selling or under construction
Subsale condos
3
completed projects
Total tracked
14
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 43,000 |
| SPA stamp duty | RM 7,600 |
| SPA legal fee | RM 5,375 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 7,600 |
| Loan stamp duty (0.5%) | RM 1,935 |
| Loan agreement legal fee | RM 1,935 |
| Valuation fee | RM 1,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 69,445 |
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 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 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 430K
Sevora Residences