penangproperty
CompletedleaseholdEst. 2021

Crimson Omega Sdn. Bhd. (Suiwah Berhad)

Sunshine Residence

Bandar Baru Ayer Itam (Farlim)

From

RM 800K

RM 600 PSF · Completion 2021

Tenure

leasehold

Title

TBC

Total Units

270

Completion

2021

From
RM 800K
PSF
RM 600
Tenure
leasehold
Total units
270
Status
completed
Completion
2021

Project Tracking

We're tracking Sunshine Residence — not yet personally reviewed by Zac

This project is in our database from public sources (1 source) from Crimson Omega Sdn. Bhd. (Suiwah Berhad). 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 Sunshine Residence details on WhatsApp

Facilities

Swimming PoolKid's PoolGymnasiumMulti-Purpose HallLandscaped GardenViewing DeckSky GardenBBQ Area24-Hour Security

What's nearby

🏥 Healthcare

  • Hospital Balik Pulau8.0km
  • Gleneagles Penang5.5km
  • Island Hospital5.0km

🎓 Schools

  • SJK(C) Phor Tay1.5km
  • SMK Ayer Itam1.2km
  • Penang Hill International School3.0km

🛍 Shopping

  • Sunshine Farlim Mall1.0km
  • Aeon Big Ayer Itam1.5km
  • Gurney Plaza5.0km

Monthly Instalment Calculator

Monthly Instalment

RM 3,231

Total Interest

RM 637,150

Total Outlay

RM 1,437,150

📲 Discuss financing options with Zac

Ayer Itam — area snapshot

Ayer Itam is a long-established residential area inland, popular for affordability relative to the northern corridor. Home to Penang Hill and Kek Lok Si temple.

Price range

RM 150KRM 1.9M

asking prices in area

Active projects

1

selling or under construction

Subsale condos

1

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 80,000
SPA stamp dutyRM 18,000
SPA legal feeRM 9,250
MOT stamp duty (at VP)

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

RM 18,000
Loan stamp duty (0.5%)RM 3,600
Loan agreement legal feeRM 3,600
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 135,450

New launch — typical developer savings

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

Cash rebate3% = RM 24,000
0%5%10%
Total developer savingsRM 40,450

Net upfront (after savings)

Based on typical 2026 new launch package

RM 95,000

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 Sunshine Residence?

+
Units at Sunshine Residence start from RM 800K (around RM 600 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is Sunshine Residence freehold or leasehold?

+
Sunshine Residence is leasehold — typically a 99-year lease from the original grant. This doesn't materially affect own-stay value, but leasehold properties may need state consent for resale and the land reverts at lease end.

When is the expected completion / VP?

+
Expected Vacant Possession is 2021, 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 Sunshine Residence?

+
Sunshine Residence is developed by Crimson Omega Sdn. Bhd. (Suiwah Berhad). For Zac's honest read on the developer's track record and what to expect on delivery quality, WhatsApp directly.

From

RM 800K

Sunshine Residence

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