Jelutong · Subsale Market
Urban Suites Subsale — Jelutong, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
Urban Suites is a completed freehold condominium in Jelutong, Penang, completed in 2017 by Cosmopolitan Homes. It has 596 units. Subsale asking prices currently run about RM540 per sq ft (from roughly RM 505K). Note: it sits on commercial title, so utilities may be billed at commercial rates.
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Urban Suites subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Jelutong's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Urban Suites.
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 Urban Suites SPA
- 1.Sinking fund health — confirm the current balance and whether any special assessment is pending in the next 12 months.
- 2.Last 3 maintenance billings — verify payment is up to date and there are no outstanding dues from the seller.
- 3.JMC minutes (last 12 months) — look for recurring complaints, structural concerns, or planned major works.
- 4.Common-area condition — physically walk the pool deck, lifts, lobbies, gym, and parking ramps. Photo anything concerning for negotiation leverage.
- 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.
Urban Suites key facts
- Developer
- Cosmopolitan Homes
- Area
- Jelutong, Penang
- Type
- serviced apartment
- Tenure
- freehold · commercial
- Completed
- 2017
- Total units
- 596
- Asking PSF
- RM540
- Price from
- RM 505K
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Urban Suites:
View full Urban Suites profile →Jelutong — area snapshot
Full area guide →Jelutong is a densely populated central-island area. New projects here target first-time buyers and investors rather than the luxury segment, with relatively accessible entry prices.
Price range
RM 100K – RM 969K
asking prices in area
Active projects
6
selling or under construction
Subsale condos
4
completed projects
Total tracked
11
properties in this area
Urban Suites subsale — common questions
Where is Urban Suites located?
Urban Suites is in Jelutong, Penang, developed by Cosmopolitan Homes and completed in 2017.
Is Urban Suites freehold or leasehold?
Urban Suites is freehold with commercial title.
How much is a Urban Suites unit?
Subsale asking prices at Urban Suites start from roughly RM 505K (about RM540 psf), varying by floor, view and renovation. WhatsApp Zac for the current shortlist.
What's the typical asking price for a Urban Suites subsale unit?
Subsale asking prices at Urban Suites 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 Urban Suites a good buy in the subsale market?
Urban Suites in Jelutong 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 Urban Suites?
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 Urban Suites 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 Urban Suites 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.
More on the neighbourhood:
Jelutong 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.