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Altus Residency, Seberang Perai

Altus Residency, Seberang Perai

G Land Development Sdn. Bhd. · Condominium · Freehold · Selling

RM 846,400 to RM 1,419,100 · 1,295–3,280 sq ft · 3 bed · Completion 2028

  1. 1Price against the areaRM 654+78% vs completed condos
  2. 2The area+16.6%Change in Penang house prices over the four years to Q1 2026 · High unsold supply in the state
  3. 3Other options at this price8other new launches within 15% of RM 654 per sq ft
  4. 4Cost and risksRM 104,032Cash upfront and RM 3,511 a month after that

Altus Residency is a freehold condominium in Seberang Perai, Penang, by G Land Development. The developer lists prices from RM846,400 for a 1,295 sq ft unit, about RM654 psf. That is 78% above the NAPIC 2025 median of RM368 psf for completed condos in the Seberang Perai Tengah district. Checked against the developer's website on · Developer's project page

Location

Perai, Seberang Perai, Penang

Nearby, as listed by the developer

  • Mydin Mall (900m)
  • Pacific Megamall (1.5km)
  • Lotus's Seberang Jaya (4.2km)
  • Sunway Carnival Mall & Billion & Aeon Big Prai (4.6km)
  • SK Pauh Jaya & SMK Pauh Jaya (1.8km)
  • Sunway Medical Centre Seberang Jaya (4.0km)
  • Hospital Seberang Jaya (4.1km)
  • North-South Expressway (800m)
  • Penang Bridge & Butterworth Outer Ring Road (2.7km)
  • Proposed Monorial Station at Pauh Jaya (200m)
  • Proposed LRT Station at Taman Supreme (2.0km)

1Altus Residency price compared with the area

Prices start from RM 846,400. If that price is for the smallest layout (1,295 sq ft), it works out to about RM 654 per sq ft.

NAPIC recorded 7 completed condos in the Seberang Perai Tengah district in 2025. Its entry price per sq ft is higher than every price NAPIC recorded in the area. New launches usually cost more per sq ft than completed condos nearby.

This launch
RM 654
Pangsapuri Bukit Minyak Permai RM 297Casa Residensi RM 338River Tropics RM 357The Signature Condominium RM 368Kondominium Bukit Indah RM 383Residensi Sky RM 392The Prominence RM 428
Middle half of recorded prices: RM 348 – RM 388+78% vs median

See the 7 completed condos NAPIC recorded in the Seberang Perai Tengah district on the area page.

Price per sq ft of new launches in Seberang Perai

Each developer's starting price divided by its smallest layout, unless the developer states a price per sq ft.

The developer does not publish a price per sq ft. Ask for the price list. If the starting price is for a bigger layout, the entry price per sq ft is lower than shown here.

2The area

Price per sq ft by area in Penang
Completed condos, medianNew launches, medianThis launch RM 654
RM psf
  • Timur LautRM 753 · 11 launchesRM 546
  • Barat DayaRM 556 · 5 launchesRM 500
  • Seberang Perai TengahRM 434 · 6 launchesRM 368
  • Seberang Perai UtaraRM 442 · 1 launchRM 362

NAPIC 2025 data. Only areas with at least 5 recorded schemes are listed. Hover or tap an area for details.

Completed condos in Seberang Perai Tengah changed -0.1% in price from 2024 to 2025 (NAPIC, median per condo). See the price trend

House prices in Penang rose 16.6% in the four years to Q1 2026P, against 14.2% for Malaysia. See the state price and supply charts on the Seberang Perai page.

3Other options at this price

ProjectEntry psfvs this
Ferringhi Residence 2Batu FerringhiRM 6530%
M AmayaBayan LepasRM 666+2%
MezonBatu KawanRM 696+6%
The WaveGeorge TownRM 598-9%
Lumina ResidenceGeorge TownRM 731+12%
Goodwood ResidenceBayan LepasRM 556-15%
Sunway LakeHillsJohor Bahru, JohorRM 6530%
Youth CityNilai, Negeri SembilanRM 6520%

4Cost and risks

Starting priceRM 846,400

Buyer

Monthly instalment

RM 3,511

Cash upfront (down payment and stamp duty)

RM 104,032

Down payment
RM 84,640
Stamp duty on the transfer
RM 19,392
Loan amount
RM 761,760
Total interest over the loan
RM 712,991

Based on the starting price, with stamp duty on the transfer only. Legal fees and loan stamp duty are extra. We apply the first-home exemption only up to RM500,000. Confirm it with your lawyer.

Things to check

  • In Penang a foreign buyer needs state consent and can only buy a unit priced at RM 500,000 or more.
Project details+
Developer
G Land Development Sdn. Bhd. (a member of Hua Yang Berhad)
Location
Perai, Penang
Property type
Condominium
Tenure
Freehold
Total units
148
Blocks / towers
Not stated by the developer
Storeys
Not stated by the developer
Expected completion
2028

Infinity pool · Wading pool · BBQ terrace · Gymnasium room · Games room · Multi-purpose hall · Children's playground · Viewing deck · Sauna rooms · Indoor playground · Maze garden · Outdoor fitness corner · Smart home features · 5-tier security

Altus Residency floor plans and photos

Our take

  • The entry price per sq ft is 78% above the median for completed condos in Seberang Perai. Some of that gap is normal for a new building. We would compare it with other new launches in Seberang Perai before paying a booking fee.
  • Of the 3 new launches we track in Seberang Perai, it has the highest entry price per sq ft.
  • Other new launches at a similar price per sq ft: Ferringhi Residence 2 (RM 653 psf), M Amaya (RM 666 psf) and Mezon (RM 696 psf).
  • Many completed condos in Penang are still unsold. That can make a unit slower to resell or rent out.

More new launches in Seberang Perai

Other new launches in Penang

Altus Residency: common questions

How much is Altus Residency in Seberang Perai?

The developer lists prices from RM 846,400, about RM 654 per sq ft for the smallest layout.

Is Altus Residency freehold or leasehold?

The developer lists it as freehold.

When will Altus Residency be completed?

The developer gives 2028 as the expected completion date.

Can foreigners buy Altus Residency?

The starting price is above Penang's RM 500,000 minimum for foreign buyers.

Sources

Project facts come from the developer's website. Area prices and yields come from NAPIC's Laporan Pasaran Harta 2025. State figures come from the MHPI (Q1 2026P) and the NAPIC overhang tables (Q1 2026). No developer pays us.