penangproperty
CompletedfreeholdresidentialEst. 2019

Oriental Max Group

Urban Living Residence

Ayer Itam

From

RM 1.90M

RM 422 PSF · Completion 2019

Tenure

freehold

Title

residential

Total Units

93

Completion

2019

From
RM 1.9M
PSF
RM 422
Tenure
freehold
Total units
93
Status
completed
Completion
2019

Project Tracking

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

This project is in our database from public sources (2 sources) from Oriental Max Group. 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 Urban Living Residence details on WhatsApp

Facilities

Gated & GuardedResident ClubhouseGarden WalkwayPrivate RooftopPrivate Lift (per unit)Landscaped Garden24-Hour Security

What's nearby

🏥 Healthcare

  • Gleneagles Penang5.5km
  • Island Hospital5.0km
  • Hospital Balik Pulau9.0km

🎓 Schools

  • SJK(C) Phor Tay1.5km
  • SMK Ayer Itam1.2km
  • Penang Free School4.5km

🛍 Shopping

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

Monthly Instalment Calculator

Monthly Instalment

RM 7,670

Total Interest

RM 1,512,434

Total Outlay

RM 3,411,434

📲 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 800K

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 189,900
SPA stamp dutyRM 59,960
SPA legal feeRM 18,442
MOT stamp duty (at VP)

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

RM 59,960
Loan stamp duty (0.5%)RM 8,546
Loan agreement legal feeRM 8,546
Valuation feeRM 3,500
Search, admin, miscRM 1,000
Gross upfront totalRM 349,853

New launch — typical developer savings

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

Cash rebate3% = RM 56,970
0%5%10%
Total developer savingsRM 92,503

Net upfront (after savings)

Based on typical 2026 new launch package

RM 257,350

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 Urban Living Residence?

+
Units at Urban Living Residence start from RM 1.90M (around RM 422 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is Urban Living Residence freehold or leasehold?

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Urban Living Residence 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?

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Expected Vacant Possession is 2019, 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).

Can foreigners buy Urban Living Residence?

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Yes — Urban Living Residence meets the Penang state foreign-buyer minimum (RM1M stratified on Penang Island, RM600K mainland). Foreigners pay a 3% state levy (island) plus state consent fees on top of standard transaction costs. Full walkthrough: see the Penang foreign buyer guide or message Zac directly.

Who is the developer of Urban Living Residence?

+
Urban Living Residence is developed by Oriental Max Group. For Zac's honest read on the developer's track record and what to expect on delivery quality, WhatsApp directly.

From

RM 1.9M

Urban Living Residence

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