penangproperty
CompletedfreeholdcommercialEst. 2022

Sepakat Mewah Sdn. Bhd.

The Sun @ Sungai Nibong

Sungai Nibong

From

RM 335K

RM 500 PSF · Completion 2022

Tenure

freehold

Title

commercial

Total Units

205

Completion

2022

From
RM 335K
PSF
RM 500
Tenure
freehold
Total units
205
Status
completed
Completion
2022

Project Tracking

We're tracking The Sun @ Sungai Nibong — not yet personally reviewed by Zac

This project is in our database from public sources (3 sources) from Sepakat Mewah Sdn. Bhd.. 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 The Sun @ Sungai Nibong details on WhatsApp

Facilities

Swimming PoolGymnasiumBadminton CourtBBQ AreaPlaygroundJogging TrackFunction Room24-Hour SecurityCCTVCovered Parking

What's nearby

🏥 Healthcare

  • Hospital Lam Wah Ee4.0km
  • Penang Adventist Hospital Bayan Baru3.5km
  • Gleneagles Hospital Penang7.0km

🎓 Schools

  • SK Sungai Nibong1.0km
  • SMK Sungai Nibong1.2km
  • Penang Chinese Girls' High School4.0km

🛍 Shopping

  • Queensbay Mall2.0km
  • Sunshine Square Bayan Baru2.5km
  • Tesco Extra Bayan Baru2.5km

Monthly Instalment Calculator

Monthly Instalment

RM 1,353

Total Interest

RM 266,806

Total Outlay

RM 601,806

📲 Discuss financing options with Zac

Sungai Nibong — area snapshot

Full area guide →

Price range

RM 300KRM 744K

asking prices in area

Active projects

0

selling or under construction

Subsale condos

4

completed projects

Total tracked

5

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 33,500
SPA stamp dutyRM 5,700
SPA legal feeRM 4,188
MOT stamp duty (at VP)

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

RM 5,700
Loan stamp duty (0.5%)RM 1,508
Loan agreement legal feeRM 1,508
Valuation feeRM 1,000
Search, admin, miscRM 1,000
Gross upfront totalRM 54,103

New launch — typical developer savings

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

Cash rebate3% = RM 10,050
0%5%10%
Total developer savingsRM 17,253

Net upfront (after savings)

Based on typical 2026 new launch package

RM 36,850

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 The Sun @ Sungai Nibong?

+
Units at The Sun @ Sungai Nibong start from RM 335K (around RM 500 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is The Sun @ Sungai Nibong freehold or leasehold?

+
The Sun @ Sungai Nibong 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 2022, 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 The Sun @ Sungai Nibong?

+
The Sun @ Sungai Nibong is developed by Sepakat Mewah Sdn. Bhd.. For Zac's honest read on the developer's track record and what to expect on delivery quality, WhatsApp directly.

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

From

RM 335K

The Sun @ Sungai Nibong

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