Airmas Development Sdn Bhd
Wellspring Residences
Butterworth, Penang Mainland
From
RM 473K
RM 443– PSF · Completion 2024
Tenure
freehold
Title
TBC
Total Units
144
Completion
2024
- From
- RM 473K
- PSF
- RM 443
- Tenure
- freehold
- Total units
- 144
- Status
- completed
- Completion
- 2024
Project Tracking
We're tracking Wellspring Residences — not yet personally reviewed by Zac
This project is in our database from public sources (4 sources) from Airmas Development 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
Wellspring Residences unit types
| Type | Config | Size (sqft) | Units | Car parks |
|---|---|---|---|---|
| A | A | 1,070 | — | — |
| B | B | 1,145 | — | — |
| C | C | 1,260 | — | — |
| Total | — | |||
Facilities
What's nearby
🏥 Healthcare
- Bagan Specialist Centre2.0km
- Hospital Seberang Jaya6.0km
- Sunway Medical Centre Seberang Jaya6.0km
🎓 Schools
- SRJK(C) Chung Hwa 1 Butterworth300m
- SK St Mark Butterworth1.5km
- SMK Convent Butterworth2.0km
- Chung Ling Butterworth High School2.5km
🛍 Shopping
- Billion Shopping Centre Butterworth300m
- Sunway Carnival Mall3.5km
- Megamall Penang4.0km
Monthly Instalment Calculator
Monthly Instalment
RM 1,911
Total Interest
RM 376,715
Total Outlay
RM 849,715
Butterworth — area snapshot
Full area guide →Butterworth is the main urban centre on Penang Mainland, connected to the island via ferry and the Penang Bridge. Active residential market with affordable entry prices.
Price range
RM 250K – RM 1.1M
asking prices in area
Active projects
6
selling or under construction
Subsale condos
1
completed projects
Total tracked
9
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.
| Downpayment | RM 47,300 |
| SPA stamp duty | RM 8,460 |
| SPA legal fee | RM 5,913 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 8,460 |
| Loan stamp duty (0.5%) | RM 2,129 |
| Loan agreement legal fee | RM 2,129 |
| Valuation fee | RM 1,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 76,390 |
New launch — typical developer savings
Toggle what the developer is absorbing. Confirm the actual package before signing.
Net upfront (after savings)
Based on typical 2026 new launch package
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 Wellspring Residences?
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Is Wellspring Residences freehold or leasehold?
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When is the expected completion / VP?
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Who is the developer of Wellspring Residences?
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Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.
From
RM 473K
Wellspring Residences