CompletedfreeholdEst. 2024

Paramount Property

Sinaran Residences

Name: Sinaran Residences
Brand: Paramount Property
Availability: Discontinued

Utropolis, Batu Kawan

From

RM 400K

RM 587– PSF · Completion 2024

Get Brochure + Price List

📲 Price list 📲 Floor plans 📅 Site visit

Tenure

freehold

Title

TBC

Total Units

964

Completion

2024

From: RM 400K
PSF: RM 587
Tenure: freehold
Total units: 964
Status: completed
Completion: 2024

Project Tracking

We're tracking Sinaran Residences — not yet personally reviewed by Zac

This project is in our database from public sources (4 sources) from Paramount Property. Full pricing, floor plans, unit availability and Zac's honest take are available on direct request — most developers update pricing weekly and we share the current numbers immediately.

📋 Latest price list & available unit types
🏗️ Current construction stage and photos
💬 Zac's honest assessment for your situation
📞 Direct introduction to the developer if you want to view

📲 Get Sinaran Residences details on WhatsApp

Facilities

Swimming Pool (50m)Wading PoolFun PoolJacuzzi PoolGymnasiumSaunaSteam RoomSpaMassage RoomMeditation DeckZen GardenReflexology PathSky LoungeGlamping DeckStar Gazing DeckOutdoor CinemaMini CinemaKaraoke RoomElectronic Games RoomBilliards TableFoosball TableKid's PlayroomChildren's PlaygroundBarbecue AreaPoolside DeckRelax LoungeCo-Working SpaceCo-Living SpaceCo-Kitchen SpaceReading RoomMeeting RoomPrivate Dining RoomMultipurpose HallLaunderetteMinimartTennis CourtSquash CourtBadminton CourtBasketball CourtFutsal CourtSepak Takraw CourtBoxing RingClimbing ZoneCycling Track (200m)Jogging Track (200m)Hiking TrailForest TrailClubhouse24-Hour Security

What's nearby

🏥 Healthcare

Columbia Asia Hospital Batu Kawan1.5km

🎓 Schools

SJK (T) Ladang Batu Kawan2.1km
SK Batu Kawan3.5km
SMK Batu Kawan3.5km
KDU Penang University College500m
UOW Malaysia KDU500m

🛍 Shopping

Design Village Outlet Mall1.5km
IKEA Batu Kawan1.5km
Klippa Shopping Centre2.0km

Monthly Instalment Calculator

Property Price (RM)Down Payment (%)Loan Tenure (years)Interest Rate (%)

Monthly Instalment

RM 1,616

Total Interest

RM 318,575

Total Outlay

RM 718,575

📲 Discuss financing options with Zac

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 920K

asking prices in area

Active projects

selling or under construction

Subsale condos

completed projects

Total tracked

properties in this area

Other projects in Batu Kawan

Anggun Residences · RM 503K Ceria Service Apartment @ Eco Horizon · RM 443K Dawson Collection @ Eco Horizon · RM 888K Everine @ Eco Sun · RM 745K Forescape @ Metrioplace · RM 490K Ion Vivace · RM 290K Irama D' Eco Sun · RM 427K Mezon @ Park Enclave · RM 780K +8 more →

Total Cost Breakdown

Every cost you'll pay — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.

Purchase price (RM)

Downpayment (%)

First-time buyerForeign buyer

Downpayment	RM 40,000
SPA stamp duty	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.

SPA legal fee absorbed

Panel lawyer provided by developer

− RM 5,000

Loan stamp duty absorbed

0.5% on loan amount

− RM 1,800

Loan legal fee absorbed

Loan documentation fees

− RM 1,800

MOT stamp duty absorbed

Rare — confirm with developer

—

Cash rebate3% = RM 12,000

0%5%10%

Total developer savings− RM 20,600

Net upfront (after savings)

Based on typical 2026 new launch package

RM 44,000

Estimates based on 2026 Penang state rules. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →

Frequently asked questions

How much is Sinaran Residences?

Units at Sinaran Residences start from RM 400K (around RM 587 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is Sinaran Residences freehold or leasehold?

Sinaran Residences is freehold — you own the land in perpetuity, no expiry date, no renewal fees. Freehold residential title remains genuinely scarce in central Penang Island.

When is the expected completion / VP?

Expected Vacant Possession is 2024, subject to developer execution. Defects liability period typically runs 24 months from VP. New launch buyers should budget for transaction costs at SPA and again at VP (MOT stamp duty).

Who is the developer of Sinaran Residences?

Sinaran Residences is developed by Paramount Property. For Zac's honest read on the developer's track record and what to expect on delivery quality, WhatsApp directly.

Substitutes worth comparing

Open full comparison →

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

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From

RM 400K

Sinaran Residences

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