penangproperty
SkyWorld PearlMont — condominium, Seberang Jaya
Selling NowfreeholdresidentialEst. 2029 Q3

SkyWorld Development Berhad

SkyWorld PearlMont

Seberang Jaya

From

RM 328K

RM 376+ PSF · Completion 2029

Affordable housing under the federal Rumah Bakat MADANI scheme (joint development with Penang Development Corporation). Eligibility conditions apply and the units are not available to foreign buyers.

Tenure

freehold

Title

residential

Total Units

1846

Completion

2029

From
RM 328K
PSF
RM 376
Tenure
freehold
Total units
1846
Status
selling
Completion
2029

Price at a glance

Prices as at November 2026 — Developer prices basis. Last checked 2026-10-05. The project has not completed — no resale market yet.

Unit typeSize (sqft)Price fromPSF from
3BR900RM328,000~RM364
Z

Zac’s Take

Zac Ong

SkyWorld Pearlmont is billed as Malaysia's largest affordable-housing project: a 31-acre freehold development on Jalan Todak in Seberang Jaya. Its first phase alone has 1,846 three-bedroom homes of about 900 sq ft, priced from about RM328,000 to RM382,000 depending on parking, due in 2029. Later phases add thousands more homes and ground-floor shops.

It's designed for first-time Malaysian buyers who work around Seberang Jaya, Prai and Butterworth.

The scale is the main thing to weigh: with several thousand similar homes planned, resale and rental competition will be strong. As affordable housing, it also carries eligibility and resale conditions.

SkyWorld PearlMont price list 2026

1 of 1 unit types have a published price · entry from RM328,000 · 1,846 units total · completing 2029

TypeSize (sqft)Price fromPSF (derived)Units
3BR900RM328,000~3641846

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 2026-10-05. Developers reprice between phases — confirm the current list before committing.

Every unit type here sits below the RM1M foreign-buyer minimum, so this project is open to Malaysian and PR buyers only.

SkyWorld PearlMont completion date

SkyWorld PearlMont is expected to complete in 2029.

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
4
Floors
38
Total units
1,846

Facilities

Infinity PoolGymnasiumPickleball CourtBadminton CourtKids Playland10-Acre Elevated Landscape ParkClubhouse24-Hour Security

What's nearby

🏥 Healthcare

  • Hospital Seberang Jaya

🛍 Shopping

  • Sunway Carnival Mall

🌏 Foreign buyer info

Not available to foreign buyers — allocated under a government affordable-housing scheme requiring Malaysian citizenship.

See also: Penang foreign buyer guide →

Monthly Instalment Calculator

Monthly Instalment

RM 1,325

Total Interest

RM 261,231

Total Outlay

RM 589,231

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 seberang jaya

All 2 others we track here, cheapest first — 1 of them still selling.

Seberang Jaya — area snapshot

Seberang Jaya is a mature township directly facing the island across the channel. It remains one of the more affordable mainland locations for buyers wanting island proximity.

Price range

RM 300K – RM 633K

asking prices in area

Active projects

1

selling or under construction

Subsale condos

0

completed projects

Total tracked

3

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 32,800
SPA stamp duty (tiered 1–4%)RM 5,560
SPA legal feeRM 4,100
MOT stamp duty (at VP)

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

RM 5,560
Loan stamp duty (0.5%)RM 1,476
Loan agreement legal feeRM 1,476
Valuation feeRM 1,000
Search, admin, miscRM 1,000
Gross upfront totalRM 52,972

New launch — typical developer savings

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

Cash rebate3% = RM 9,840
0%5%10%
Total developer savings− RM 16,892

Net upfront (after savings)

Based on typical 2026 new launch package

RM 36,080

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 SkyWorld PearlMont?

+
Affordable housing under the federal Rumah Bakat MADANI scheme (joint development with Penang Development Corporation). Eligibility conditions apply and the units are not available to foreign buyers.

Is SkyWorld PearlMont freehold or leasehold?

+
SkyWorld PearlMont is freehold, on a residential title. Those are two separate facts and only the first usually appears in marketing.

Can a foreigner buy at SkyWorld PearlMont?

+
Not at current prices. Seberang Perai sets a RM500,000 minimum for foreign buyers of strata property and no unit here clears it, so SkyWorld PearlMont is open to Malaysian and PR buyers only.

When will SkyWorld PearlMont be completed?

+
SkyWorld PearlMont is expected to be completed in 2029, by SkyWorld Development Berhad. 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 SkyWorld PearlMont?

+
Homes range from about 900 sq ft. There are 1,846 homes in total. With that many, expect plenty of similar units on the market when you come to sell.

Who is the developer of SkyWorld PearlMont?

+
SkyWorld PearlMont is developed by SkyWorld Development Berhad, positioned as Malaysia's largest affordable housing project in Seberang Jaya, off Jalan Todak opposite Penang Bird Park.

Substitutes worth comparing

Open full comparison →

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

From

RM 328K

SkyWorld PearlMont

Chat with Zac now