Seiras Residences, Seberang Perai Selatan
Paramount Property · Condominium · Selling
From RM 460,000 · 1,033 sq ft · 3 bed · Completion 2028
- 1Price against the areaRM 445+21% vs completed condos
- 2The area+16.6%Change in Penang house prices over the four years to Q1 2026
- 3Other options at this price8other new launches within 15% of RM 445 per sq ft
- 4Cost and risksRM 54,200Cash upfront and RM 1,908 a month after that
Seiras Residences is a condominium in Seberang Perai Selatan, Penang, by Paramount Property. Prices start from RM460,000 for a 1,033 sq ft unit, about RM445 psf. That is 21% 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
Utropolis Batu Kawan, Seberang Perai Selatan, Penang
Nearby, as listed by the developer
- Design Village Outlet Mall (1 min)
- UOW Malaysia KDU Penang University College (2 mins)
- Columbia Asia Hospital (2 mins)
- Jaya Grocer (3 mins)
- Klippa Ikea (5 mins)
- The Ship Campus (7 mins)
- Sultan Abdul Halim Muadzam Shah Bridge (1km)
1Seiras Residences price compared with the area
Prices start from RM 460,000. With the smallest layout at 1,033 sq ft, that works out to about RM 445 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.
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 Selatan page.
3Other options at this price
↑ Starting price
| Project | Entry psf | vs this |
|---|---|---|
| D' HazeltonPenang Island | RM 442 | -1% |
| Harbour View ResidenceButterworth | RM 442 | -1% |
| D'Zone CondominiumTeluk Kumbar | RM 458 | +3% |
| Tuán PavilionAir Itam | RM 460 | +3% |
| Iconic HarmonyBukit Mertajam | RM 422 | -5% |
| SkyAwani Pearlmont ResidencesSeberang Perai | RM 413 | -7% |
| Aralia ParkSimpang Ampat | RM 409 | -8% |
| MONTVIEW ResidencesBukit Mertajam | RM 379 | -15% |
4Cost and risks
Starting priceRM 460,000
Monthly instalment
RM 1,908
Cash upfront (down payment and stamp duty)
RM 54,200
- Down payment
- RM 46,000
- Stamp duty on the transfer
- RM 8,200
- Loan amount
- RM 414,000
- Total interest over the loan
- RM 387,495
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
- Tenure is not stated: ask whether the land is freehold or leasehold.
- In Penang a foreign buyer needs state consent and can only buy a unit priced at RM 500,000 or more.
Project details+
- Developer
- Paramount Property (PW) Sdn Bhd
- Location
- Utropolis Batu Kawan, Penang
- Property type
- Condominium
- Tenure
- Not stated by the developer
- Total units
- 411
- Blocks / towers
- Not stated by the developer
- Storeys
- 42
- Expected completion
- 2028
Co-working space · Sport lounge · Gym · Putting green · Swimming pool · Co-kitchen
Seiras Residences floor plans and photos
Our take
- The entry price per sq ft is 21% above the median for completed condos in Seberang Perai Selatan. A gap of this size is common for a new launch.
- Other new launches at a similar price per sq ft: D' Hazelton (RM 442 psf), Harbour View Residence (RM 442 psf) and D'Zone Condominium (RM 458 psf).
- House prices in Penang rose 16.6% over the last four years.
Other new launches in Penang
More new launches by Paramount Property
Seiras Residences: common questions
When will Seiras Residences be completed?
The developer gives 2028 as the expected completion date.
Can foreigners buy Seiras Residences?
Penang sets a RM 500,000 minimum for foreign buyers. The developer does not list a full price range, so check the price of the unit you want.
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.