Vivo Executive Apartment | Penang Property
CompletedFreehold

Vivo Executive Apartment | Penang Property

Seberang Perai, Penang

From

RM270k

Price From

RM270k

Built-Up

730 sqft

Price Insights

Developer Asking Price

RM370/sqft

Based on RM270k ÷ 730 sqft

Penang Market Range

RM400700/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.

ReviewWorth ConsideringBased on verified transaction data

Vivo Executive Apartment | Penang Property Review — Worth Buying?

NP Score

8/10

Worth Considering

Asking PSF

RM370

per sqft

The case for buying

  • Freehold tenure ensures long-term ownership and asset appreciation potential
  • Affordable entry point at RM270,000 for serviced apartment living
  • Seberang Perai location offers growing commercial and residential development
  • Serviced apartment provides rental income opportunity for investors
  • Strategic Penang location attracts tourists and long-term tenants

The honest verdict

Value & Pricing

Unit pricing from RM270,000 offers competitive entry-level positioning for serviced apartments in Seberang Perai, though the absence of detailed specifications and amenities breakdown limits assessment of value-for-money relative to comparable projects in the vicinity.

Location & Connectivity

Seberang Perai location provides accessibility via major road networks and proximity to industrial zones, but the absence of MRT connectivity and reliance on vehicle/bus transit may constrain appeal to buyers seeking public transport convenience, particularly for long-term rental yield potential.

Risk & Timing

The unspecified completion timeline presents material uncertainty for investment planning and cash flow projections; freehold tenure mitigates long-term risk, but prospective buyers should obtain explicit developer delivery schedules and track record verification before commitment.

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  • Loan eligibility — salary needed to buy
  • Area income profile (DOSM)
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Project Details

Property Type

Serviced Apartment

Land Tenure

Freehold

Construction Status

Completed

Bumi Discount

Not Available

Vivo Executive Apartment | Penang Property Video Tour

Watch a video tour of Vivo Executive Apartment | Penang Property in Seberang Perai, Penang. Serviced Apartment by Developer.

Video sourced from YouTube. Not affiliated with the developer.

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Why Consider Vivo Executive Apartment | Penang Property?

Based on location data and market analysis

  • Freehold tenure ensures long-term ownership and asset appreciation potential
  • Affordable entry point at RM270,000 for serviced apartment living
  • Seberang Perai location offers growing commercial and residential development
  • Serviced apartment provides rental income opportunity for investors
  • Strategic Penang location attracts tourists and long-term tenants

Investment Snapshot

Based on verified transaction data for Penang

Est. Monthly Rental

RM1,0001,300

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 · 18.7% gross yield

See Airbnb guide →

Area Price Trend

+10.6%

Verified sold prices 2021–2025

Price-to-Income

3.0x 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 1,105/mo

Based on 10% down, 35yr tenure at 4.2% p.a.

52% Principal — RM 243,00048% Interest — RM 221,220

Minimum gross monthly income typically needed

RM 1,842/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

Down payment (10%)RM 27,000
Stamp duty (MOT + loan)RM 5,615
Legal fees (SPA + loan)RM 6,413
Total upfrontRM 39,028

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 →
Property PriceRM 270,000
Down Payment10%
Loan Tenure35 years
Interest Rate4.2% p.a.
Full loan calculator →

Frequently Asked Questions

What is the price of Vivo Executive Apartment | Penang Property?

Vivo Executive Apartment | Penang Property starts from RM270k. Contact the developer directly on NewProjek for the latest pricing.

Where is Vivo Executive Apartment | Penang Property located?

Vivo Executive Apartment | Penang Property is located in Seberang Perai, Penang, Malaysia.

Who is the developer of Vivo Executive Apartment | Penang Property?

Vivo Executive Apartment | Penang Property is developed by Developer.

What type of property is Vivo Executive Apartment | Penang Property?

Vivo Executive Apartment | Penang Property is a Serviced Apartment development with Freehold tenure.

What is the construction status of Vivo Executive Apartment | Penang Property?

Vivo Executive Apartment | Penang Property is currently Completed.

Berapa harga Vivo Executive Apartment | Penang Property?

Vivo Executive Apartment | Penang Property dijual bermula dari RM270k. Hubungi pemaju terus melalui NewProjek untuk senarai harga terkini.

Completed Project

Looking to buy or rent Vivo Executive Apartment | Penang Property?

This project is already completed. Browse subsale transactions, current listings, and market data below.

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Verified Transaction Data

What do units here actually sell for?

Real stamped SPA prices — not asking prices. From RM69.90.

Search Transaction Data →

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