penangproperty
CompletedfreeholdEst. 2016

Warisan Pinang Sdn. Bhd. (Runnymede Group)

Vilaris Courtyard Homes

Tasek Gelugor area, Penang

From

RM 1.99M

RM 482 PSF · Completion 2016

Tenure

freehold

Title

TBC

Total Units

56

Completion

2016

From
RM 2.0M
PSF
RM 482
Tenure
freehold
Total units
56
Status
completed
Completion
2016

Project Tracking

We're tracking Vilaris Courtyard Homes — not yet personally reviewed by Zac

This project is in our database from public sources (2 sources) from Warisan Pinang Sdn. Bhd. (Runnymede 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 Vilaris Courtyard Homes details on WhatsApp

Monthly Instalment Calculator

Monthly Instalment

RM 8,038

Total Interest

RM 1,584,909

Total Outlay

RM 3,574,909

📲 Discuss financing options with Zac

Gelugor — area snapshot

Full area guide →

Gelugor is a central island location close to USM and the Light Waterfront. Infrastructure is established, and The Light Waterfront development has lifted profile significantly.

Price range

RM 550KRM 2.1M

asking prices in area

Active projects

5

selling or under construction

Subsale condos

5

completed projects

Total tracked

12

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 199,000
SPA stamp dutyRM 63,600
SPA legal feeRM 19,170
MOT stamp duty (at VP)

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

RM 63,600
Loan stamp duty (0.5%)RM 8,955
Loan agreement legal feeRM 8,955
Valuation feeRM 3,500
Search, admin, miscRM 1,000
Gross upfront totalRM 367,780

New launch — typical developer savings

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

Cash rebate3% = RM 59,700
0%5%10%
Total developer savingsRM 96,780

Net upfront (after savings)

Based on typical 2026 new launch package

RM 271,000

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 Vilaris Courtyard Homes?

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Units at Vilaris Courtyard Homes start from RM 1.99M (around RM 482 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is Vilaris Courtyard Homes freehold or leasehold?

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Vilaris Courtyard Homes 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 2016, 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 Vilaris Courtyard Homes?

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Yes — Vilaris Courtyard Homes 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 Vilaris Courtyard Homes?

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Vilaris Courtyard Homes is developed by Warisan Pinang Sdn. Bhd. (Runnymede Group). 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.

From

RM 2.0M

Vilaris Courtyard Homes

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