Relau · Subsale Market
Jasmine Residence Subsale — Relau, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
Jasmine Residence is a completed freehold landed development in Relau, Penang, completed in 2021 by Solid Balance Sdn. Bhd.. It has 36 units. It launched from around RM 1.70M in 2018 — that is the launch price, not a current resale figure. WhatsApp Zac for live asking prices.
Price at a glance
Prices as at November 2026 — Developer launch prices basis. Last checked 2026-10-09. A negotiation floor, not what it trades at today.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| 3-Storey Terrace | — | RM1.7M | — |
| Bungalow | — | RM1.7M | — |
Zac’s Take
Zac Ong
Jasmine Residence in Relau is a small, high-end enclave of 36 units — 35 three-storey terraces plus a single bungalow — and that one-bungalow detail is the kind of specific fact that actually distinguishes this project: it means the estate isn't uniform, so ask which unit type is available. At RM1.7 million entry and RM490 psf, this is priced well above typical Relau terrace stock, and the facility that explains part of the premium is a built-in private lift per unit — unusual for a terrace home and a real differentiator. Relau itself is a well-established, convenient part of the island near Bukit Jambul and Sungai Ara. Three-storey living with a private lift suits specific buyers — larger multi-generational households — and won't appeal to everyone.
Reviews and comparisons
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Jasmine Residence subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within months, not years. Most resales complete in four to six months, a little longer if you need state consent as a foreign buyer.
Verified surroundings
Relau's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Jasmine Residence.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
Due diligence before buying at Jasmine Residence
- 1.Individual title status — Confirm whether individual title has issued and is in the seller's name. Master-title landed transactions carry extra steps and time.
- 2.Approved extensions — Most landed resales have some extension. Ask for the approved plan — unapproved structures can be an issue at your own resale or refinancing.
- 3.Drainage and ground level — Walk the perimeter and ask neighbours directly about flooding history. Penang's heavy-rain events are the honest test, not a dry-day viewing.
- 4.Gated scheme fees and rules — For gated-and-guarded schemes, confirm the monthly fee, what it covers, and the collection rate. Poor collection means declining security cover.
- 5.Roof, structure and termites — Commission an inspection for anything over fifteen years old. Roof and termite remediation are the two costs that most often blow a landed budget.
Jasmine Residence price 2026
What Jasmine Residence trades at on the sub-sale market, last checked 2026-10-09.
| Asking from | RM1.7M+ |
| PSF | RM490 |
| Completed | 2021 |
| Units | 36 |
Developer launch price. This is what the developer charged at launch, not what the building trades at today. Treat it as a floor for negotiation, not a guide to current value.
Recent prices. Launch price from about RM1.7M (around RM490 per sq ft) for 35 three-storey terraces and one bungalow. No current listings found in October 2026.
The building is 5 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporation’s problem and, through the sinking fund, partly yours. Check what was actually rectified.
Every unit here sits below the RM3M foreign-buyer minimum, so this building is open to Malaysian and PR buyers only.
Selling rather than buying? The RPGT rates and the 21B retention decide what you keep — and if you are near the five-to-six-year line, the date matters more than the price.
Jasmine Residence for sale & for rent
Looking to buy or rent a home in Jasmine Residence? Asking prices and rents move with the market and with the specific home — floor, facing, condition — so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.
Jasmine Residence key facts
- Developer
- Solid Balance Sdn. Bhd.
- Area
- Relau, Penang
- Type
- landed
- Tenure
- freehold
- Completed
- 2021
- Total units
- 36
- Asking PSF
- RM490
- Price from
- RM 1.70M
Relau — area snapshot
Full area guide →Price range
RM 480K – RM 650K
asking prices in area
Active projects
0
selling or under construction
Subsale condos
3
completed projects
Total tracked
4
properties in this area
Other projects in Relau
Other projects in Relau
All 3 others we track here, cheapest first — all trading sub-sale.
- Setia Sky VistaRM480K
- Golden Triangle 2RM600K
- Iconic SkiesRM650K
Jasmine Residence subsale — common questions
What is the price of Jasmine Residence?
Launch price from about RM1.7M (around RM490 per sq ft) for 35 three-storey terraces and one bungalow. No current listings found in October 2026.
Is Jasmine Residence freehold or leasehold?
Jasmine Residence is freehold. I have not been able to confirm the land title class — check it with the developer, because a commercial title changes your utility tariffs and loan margin.
Can a foreigner buy at Jasmine Residence?
Yes, if you are on MM2H. MM2H participants can buy residential property in Penang from RM500,000 (up to two homes), and Jasmine Residence is priced above that. Other foreign buyers need RM3,000,000 for landed property on the island, which homes here do not reach. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.
When was Jasmine Residence completed?
Jasmine Residence was completed in 2021 by Solid Balance Sdn. Bhd., so homes here are bought from existing owners.
How many homes are there at Jasmine Residence?
36 in total.
What makes the private lift at Jasmine Residence worth the premium?
Each unit comes with a built-in private lift, uncommon for terrace homes and particularly useful in a three-storey layout — a real differentiator and part of why pricing sits above typical Relau terrace levels.
More on the neighbourhood:
Relau area guide — schools, transport, PSF, lifestyle scorecard →