Viluxe @ Aspen Vision City, Double Storey Terrace Homes | Penang Property
From
RM1.1mil
Price From
RM1.1mil
Built-Up
2,100 sqft
Price Insights
Developer Asking Price
RM524/sqft
Based on RM1.1mil ÷ 2,100 sqft
Penang Market Range
RM400–700/sqft
Q3 2025 median (high-rise residential)
Based on Seberang Perai, Penang market data, similar properties transact at RM400–RM700 psf. This project is priced within the market range for the area.
Viluxe @ Aspen Vision City, Double Storey Terrace Homes | Penang Property Review — Worth Buying?
NP Score
6/10
Moderate
Asking PSF
RM524
per sqft
The case for buying
- Freehold landed property in growing Seberang Perai area
- Competitive RM1.1M price point for double storey terrace
- Strategic location near Aspen Vision City development hub
- Strong investment potential in expanding Penang property market
- Modern double storey design with practical family living
The honest verdict
Pricing & Value
At RM1.1 million for double storey terrace homes in Seberang Perai, the project offers competitive positioning for landed property in this suburban tier, though value assessment is limited without comparative analysis of built-up area, finishes, and amenities relative to competing developments in the same price range.
Location & Connectivity
Seberang Perai's strategic positioning provides access to Penang's industrial and commercial corridors, but the absence of nearby MRT connectivity represents a significant limitation for commuters, with reliance on personal transport or existing bus infrastructure potentially impacting long-term appeal and rental demand.
Risk & Timing
The lack of specified completion timeline creates uncertainty for investors and buyers regarding cash flow planning and market conditions at handover; this ambiguity warrants clarification from the developer, particularly given Penang's competitive property landscape where delivery delays can affect market
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- Market price analysis — is it fairly priced?
- Investment analysis — rental yield & capital growth
- Loan eligibility — salary needed to buy
- Area income profile (DOSM)
- Comparable projects side-by-side
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Project Details
Property Type
Landed House
Land Tenure
Freehold
Construction Status
New Launch
Bumi Discount
Not Available
Viluxe @ Aspen Vision City, Double Storey Terrace Homes | Penang Property Video Tour
Watch a video tour of Viluxe @ Aspen Vision City, Double Storey Terrace Homes | Penang Property in Seberang Perai, Penang. Landed House by Developer.
Video sourced from YouTube. Not affiliated with the developer.
More videos →Why Consider Viluxe @ Aspen Vision City, Double Storey Terrace Homes | Penang Property?
Based on location data and market analysis
- ✓Freehold landed property in growing Seberang Perai area
- ✓Competitive RM1.1M price point for double storey terrace
- ✓Strategic location near Aspen Vision City development hub
- ✓Strong investment potential in expanding Penang property market
- ✓Modern double storey design with practical family living
Investment Snapshot
Based on verified transaction data for Penang
Est. Monthly Rental
RM3,900–5,300
Based on similar properties in Penang
Gross Rental Yield
4.5%–5.5%
Annual rental / property price
Airbnb Estimate
RM4,200/mo
RM185/night × 76% occupancy · 4.6% gross yield
Area Price Trend
+10.6%
Verified sold prices 2021–2025
Price-to-Income
12.4x income
Lower = more affordable (avg 6.8x)
Estimates based on verified transaction data for similar properties in Penang (2021–2025). Not financial advice.
See full area analysis →Check subsale transaction history in Seberang Perai
Browse real verified transaction prices for nearby properties
Can I afford this?
Estimate only — actual bank approval depends on your credit profile and existing commitments.
Est. monthly repayment
RM 4,503/mo
Based on 10% down, 35yr tenure at 4.2% p.a.
Minimum gross monthly income typically needed
RM 7,505/mo
Assumes no other debts, at a comfortable 60% DSR. Banks allow up to ~70% — existing car/personal loans lower how much you qualify for.
Check with your real income →Estimated cash needed upfront
Part of your down payment and stamp duty can often be covered using EPF Account 2 savings (subject to eligibility and withdrawal limits).
Full stamp duty & legal fee breakdown →Frequently Asked Questions
What is the price of Viluxe @ Aspen Vision City, Double Storey Terrace Homes | Penang Property?▼
Viluxe @ Aspen Vision City, Double Storey Terrace Homes | Penang Property starts from RM1.1mil. Contact the developer directly on NewProjek for the latest pricing.
Where is Viluxe @ Aspen Vision City, Double Storey Terrace Homes | Penang Property located?▼
Viluxe @ Aspen Vision City, Double Storey Terrace Homes | Penang Property is located in Seberang Perai, Penang, Malaysia.
Who is the developer of Viluxe @ Aspen Vision City, Double Storey Terrace Homes | Penang Property?▼
Viluxe @ Aspen Vision City, Double Storey Terrace Homes | Penang Property is developed by Developer.
What type of property is Viluxe @ Aspen Vision City, Double Storey Terrace Homes | Penang Property?▼
Viluxe @ Aspen Vision City, Double Storey Terrace Homes | Penang Property is a Landed House development with Freehold tenure.
What is the construction status of Viluxe @ Aspen Vision City, Double Storey Terrace Homes | Penang Property?▼
Viluxe @ Aspen Vision City, Double Storey Terrace Homes | Penang Property is currently New Launch.
Berapa harga Viluxe @ Aspen Vision City, Double Storey Terrace Homes | Penang Property?▼
Viluxe @ Aspen Vision City, Double Storey Terrace Homes | Penang Property dijual bermula dari RM1.1mil. Hubungi pemaju terus melalui NewProjek untuk senarai harga terkini.
Interested in Viluxe @ Aspen Vision City, Double Storey Terrace Homes | Penang Property?
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Verified Transaction Data
What do units here actually sell for?
Real stamped SPA prices — not asking prices. From RM69.90.
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