Batu Kawan · Subsale Market
Sinaran Residences Subsale — Batu Kawan, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
Sinaran Residences is a completed freehold condominium in Batu Kawan, Penang, completed in 2024 by Paramount Property. It has 964 units. It launched from around RM 360K in 2024 — 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 — Post-completion transacted prices basis. Last checked 2026-10-05.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 667–1,044 | RM360,000 | RM587 |
Zac’s Take
Zac Ong
Sinaran Residences is the third-phase residential part of Paramount Property's Utropolis in Batu Kawan: two serviced-apartment towers of 35 and 36 storeys with about 980 homes of roughly 667 to 1,044 sq ft.
Developer prices started from about RM360,000 for a 678 sq ft two-bedroom, RM395,000 for an 883 sq ft three-bedroom and RM480,000 for the 1,044 sq ft layout. A furnished 883 sq ft three-bedroom lets for around RM1,800 a month.
The pull is the Utropolis campus setting and Batu Kawan's growth around the industrial park, IKEA and the second bridge. As serviced apartments, check the title and utility billing, and expect plenty of similar units on the market in a project this size.
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Sinaran Residences 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
Batu Kawan's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Sinaran Residences.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
How Sinaran Residences is priced within Batu Kawan
At roughly RM587 psf, Sinaran Residences prices toward the upper end of Batu Kawan's condo band (RM450–620 psf). Expect to justify that with something concrete: sea view, low density, branded management, or a genuinely superior position within the area.
Building age
2 years
Completed 2024
PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data — see the Penang Price Index. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.
Before you sign at Sinaran Residences — the commercial-title checks
- 1.Utility tariff in practice — Commercial title usually means commercial TNB and water rates. Ask current owners what they actually pay monthly, not what the brochure implies.
- 2.Financing margin — Some banks cap loan-to-value lower on commercial-title residential units. Get an in-principle approval before you pay a booking fee.
- 3.Short-stay house rules — Serviced-apartment does not automatically mean Airbnb is allowed. Read the current house rules — management can and does restrict short-stay letting.
- 4.Resale buyer pool — Commercial title narrows who can buy from you later. Make sure the entry price reflects that, not just the location.
- 5.Maintenance rate per sq ft — Compare the psf maintenance charge against nearby residential-title blocks. On big units the annual gap is meaningful.
Sinaran Residences price 2026
What Sinaran Residences trades at on the sub-sale market, last checked 2026-10-05.
| Asking from | RM360,000 – RM480,000 |
| PSF | RM587 |
| Built-up | 667 – 1,044 sqft |
| Completed | 2024 |
| Units | 964 |
Post-completion transacted range. Asking is not transacted — expect movement between the two.
The building is 2 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 RM500,000 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.
Sinaran Residences for sale & for rent
Asking rents at Sinaran Residences ran from about RM1,800 a month in 2026, for a furnished 883 sq ft three-bedroom. Rents depend on the floor, view and furnishing, so message Zac for what is actually available to buy or rent today.
Sinaran Residences key facts
- Developer
- Paramount Property
- Area
- Batu Kawan, Penang
- Type
- serviced apartment
- Tenure
- freehold
- Completed
- 2024
- Total units
- 964
- Asking PSF
- RM587
- Price from
- RM 360K
Batu Kawan — area snapshot
Full area guide →Batu Kawan is the fastest-growing area on the mainland, anchored by Ikea, Utropolis, and a growing retail ecosystem. Popular with first-time buyers seeking new launches below RM600K.
Price range
RM 308K – RM 888K
asking prices in area
Active projects
12
selling or under construction
Subsale condos
5
completed projects
Total tracked
18
properties in this area
Other projects in Batu Kawan
All 17 others we track here, cheapest first — 12 of them still selling.
- Ion VivaceRM308K
- VersaRM350K
- Vivo Executive ApartmentRM350K
- Andabreeze ResidencesRM428K
- Ceria Service Apartment @ Eco HorizonRM444K
- Vertu ResortRM450K
- Forescape @ MetrioplaceRM498K
- Suasana @ UtropolisRM507K
- Anggun ResidencesRM520K
- Irama D' Eco SunRM522K
- Mezon @ Park EnclaveRM530K
- Savana @ Utropolis Batu KawanRM541K
- ViResidence @ Savantia ValleyRM550K
- Seiras ResidencesRM578K
- Everine @ Eco SunRM815K
- Dawson Collection @ Eco HorizonRM888K
- Viluxe II: Courtyard Collection—
Sinaran Residences subsale — common questions
What is the price of Sinaran Residences?
Sinaran Residences runs RM360,000 to RM480,000. That is the post-completion transacted range. That works out to about RM587 per square foot. Checked 2026-10-05.
Is Sinaran Residences freehold or leasehold?
Sinaran Residences 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 Sinaran Residences?
Not at current prices. Seberang Perai sets a RM500,000 minimum for foreign buyers of strata property and no unit here clears it, so Sinaran Residences is open to Malaysian and PR buyers only.
How much is the rent at Sinaran Residences?
Asking rents ran from about RM1,800 a month in 2026, for a furnished 883 sq ft three-bedroom. These are asking rents on the main property portals, not signed leases. Short-term holiday letting isn't allowed in condos on Penang Island, so think in one- or two-year tenancies.
When was Sinaran Residences completed?
Sinaran Residences was completed in 2024 by Paramount Property, so homes here are bought from existing owners.
How big are the homes at Sinaran Residences?
Homes range from about 667 to 1,044 sq ft. There are 964 homes in total. With that many, expect plenty of similar units on the market when you come to sell.
What is Sinaran Residences?
A freehold condominium by Paramount Property in Batu Kawan (Utropolis) — 964 units, completed in 2024. The project was converted from leasehold to freehold in 2024.
More on the neighbourhood:
Batu Kawan area guide — schools, transport, PSF, lifestyle scorecard →Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.