Forescape, Seberang Perai
Metrio Jaya Development Sdn. Bhd. · Serviced residence · Freehold · Selling
RM 498,000 to RM 799,000 · 904–1,098 sq ft · 3–4 bed · Completion 2030
- 1Price against the areaRM 551+50% vs completed condos
- 2The area+16.6%Change in Penang house prices over the four years to Q1 2026 · High unsold supply in the state
- 3Other options at this price8other new launches within 15% of RM 551 per sq ft
- 4Cost and risksRM 58,760Cash upfront and RM 2,066 a month after that
Forescape is a freehold serviced residence in Seberang Perai, Penang, by Metrio Jaya Development. The developer lists prices from RM498,000 for a 904 sq ft unit, about RM551 psf. That is 50% 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
Metrioplace, Batu Kawan, Seberang Perai, Penang
Nearby, as listed by the developer
- Caltex Petrol Station (0.2km)
- Commercial Hub (0.2km)
- Columbia Asia Hospital (6.0km)
- Design Village Outlet Mall (6.7km)
- IKEA (7.0km)
- Batu Kawan Industrial Park 3 (0.6km)
- North-South Expressway (2.1km)
- Penang Science Park (3.0km)
- Second Penang Bridge (8.2km)
- SK Bukit Tambun (1.2km)
- SMK Batu Kawan (3.3km)
- UOW Malaysia KDU (6.1km)
1Forescape price compared with the area
Prices start from RM 498,000. If that price is for the smallest layout (904 sq ft), it works out to about RM 551 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.
See the 7 completed condos NAPIC recorded in the Seberang Perai Tengah district on the area page.
- SkyAwani Pearlmont Residences (affordable units)RM 413
- ForescapeRM 551
- Altus ResidencyRM 654
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
- 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
↑ Starting price
| Project | Entry psf | vs this |
|---|---|---|
| Setia Sky VistaRelau | RM 553 | 0% |
| Pinnacle Bukit GambierBukit Gambier | RM 547 | -1% |
| Goodwood ResidenceBayan Lepas | RM 556 | +1% |
| VersaBatu Kawan | RM 526 | -5% |
| SavanaBatu Kawan | RM 514 | -7% |
| The WaveGeorge Town | RM 598 | +9% |
| M ZenyaMetropolitan Park, Kuala Lumpur | RM 551 | 0% |
| Bukit Bantayan ResidencesKota Kinabalu, Sabah | RM 552 | 0% |
4Cost and risks
Starting priceRM 498,000
Monthly instalment
RM 2,066
Cash upfront (down payment and stamp duty)
RM 58,760
- Down payment
- RM 49,800
- Stamp duty on the transfer
- RM 8,960
- Loan amount
- RM 448,200
- Total interest over the loan
- RM 419,506
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
- Metrio Jaya Development Sdn. Bhd. (Metrio Group)
- Location
- Metrioplace, Batu Kawan, Penang
- Property type
- Serviced residence
- Tenure
- Freehold
- Total units
- 398
- Blocks / towers
- Not stated by the developer
- Storeys
- 28
- Expected completion
- 2030
Dual-key units · 2/3 car parking bays
Forescape floor plans and photos
Our take
- The entry price per sq ft is 50% above the median for completed condos in Seberang Perai. A gap of this size is common for a new launch.
- Of the 3 new launches we track in Seberang Perai, it has the 2nd lowest entry price per sq ft.
- Other new launches at a similar price per sq ft: Setia Sky Vista (RM 553 psf), Pinnacle Bukit Gambier (RM 547 psf) and Goodwood Residence (RM 556 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
Forescape: common questions
How much is Forescape in Seberang Perai?
The developer lists prices from RM 498,000, about RM 551 per sq ft for the smallest layout.
Is Forescape freehold or leasehold?
The developer lists it as freehold.
When will Forescape be completed?
The developer gives 2030 as the expected completion date.
Can foreigners buy Forescape?
Units priced at RM 500,000 or more meet Penang's minimum for foreign buyers. Cheaper units do not.
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.