penangproperty

Balik Pulau · Subsale Market

Geranium @ Botanica.CT Subsale — Balik Pulau, Penang

Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.

Geranium @ Botanica.CT is a completed freehold landed development in Balik Pulau, Penang, completed in 2023 by MTT Properties & Development Sdn Bhd. It has 28 units. Subsale asking prices currently run about RM343 per sq ft (from roughly RM 600K).

Available Listings

No listings currently on file. Zac may have off-market units available.

Ask Zac about availability

Why buy a Geranium @ Botanica.CT subsale (vs a new launch elsewhere)

Immediate occupancy

Move in within 3 months of SPA. No 36-month construction wait.

Verified surroundings

Balik Pulau's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Geranium @ Botanica.CT.

Established maintenance

Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.

5 things to check before signing the Geranium @ Botanica.CT SPA

  1. 1.Sinking fund health — confirm the current balance and whether any special assessment is pending in the next 12 months.
  2. 2.Last 3 maintenance billings — verify payment is up to date and there are no outstanding dues from the seller.
  3. 3.JMC minutes (last 12 months) — look for recurring complaints, structural concerns, or planned major works.
  4. 4.Common-area condition — physically walk the pool deck, lifts, lobbies, gym, and parking ramps. Photo anything concerning for negotiation leverage.
  5. 5.Internal pipes + electrical — for buildings 10+ years old, ask for a recent plumbing inspection report. Pipe replacement is a five-figure capex you don't want to discover post-VP.

Geranium @ Botanica.CT key facts

Developer
MTT Properties & Development Sdn Bhd
Area
Balik Pulau, Penang
Type
landed
Tenure
freehold
Completed
2023
Total units
28
Asking PSF
RM343
Price from
RM 600K

Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Geranium @ Botanica.CT:

View full Geranium @ Botanica.CT profile →

Balik Pulau — area snapshot

Price range

RM 600KRM 875K

asking prices in area

Active projects

2

selling or under construction

Subsale condos

2

completed projects

Total tracked

5

properties in this area

Geranium @ Botanica.CT subsale — common questions

Where is Geranium @ Botanica.CT located?

Geranium @ Botanica.CT is in Balik Pulau, Penang, developed by MTT Properties & Development Sdn Bhd and completed in 2023.

Is Geranium @ Botanica.CT freehold or leasehold?

Geranium @ Botanica.CT is freehold.

How much is a Geranium @ Botanica.CT unit?

Subsale asking prices at Geranium @ Botanica.CT start from roughly RM 600K (about RM343 psf), varying by floor, view and renovation. WhatsApp Zac for the current shortlist.

What's the typical asking price for a Geranium @ Botanica.CT subsale unit?

Subsale asking prices at Geranium @ Botanica.CT vary by unit floor, view, and renovation level. The most accurate current figures come from active listings — WhatsApp Zac for the live shortlist with prices and floor plans for available units.

Is Geranium @ Botanica.CT a good buy in the subsale market?

Geranium @ Botanica.CT in Balik Pulau is a completed building, which means immediate occupancy, verifiable neighbour quality, established maintenance fees, and a known JMC track record. The case for subsale here is no construction risk and a proven location — versus paying a new-launch premium for an unbuilt unit.

What should I check before signing a subsale SPA at Geranium @ Botanica.CT?

Five things to verify: (1) sinking fund health and any pending special assessments, (2) last 3 maintenance billings and how strict collection is, (3) JMC meeting minutes for the last 12 months, (4) common-area condition (pool, lifts, lobbies), (5) structural age of internal pipes (especially for buildings 10+ years old). Ask the listing agent to provide these as part of the offer process.

Can foreigners buy a Geranium @ Botanica.CT subsale unit?

Yes, subject to Penang state minimums (RM 1,000,000 for stratified properties on Penang Island; RM 600,000 on the mainland) and state consent (typically 2-4 months processing). MM2H holders are treated the same as other foreign buyers for property purchase rules.

How long does a subsale purchase at Geranium @ Botanica.CT take?

Typical timeline: 2-3 weeks from offer acceptance to SPA signing, then 3 months to completion (90-day SPA period). Faster than a new launch because no construction wait. Plan for stamp duty + legal fees (~3-4% of purchase price) at completion.

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