Savana @ Utropolis Batu Kawan, Penang
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
—
Location
Batu Kawan, Penang
Type
Serviced Apartment
Price
TBA
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Limited pricing transparency (TBA) makes comparative valuation difficult; however, serviced apartments in Penang typically offer moderate rental yields of 4-6% annually, though actual returns depend on final price point and management efficiency.
- •**Location & Connectivity**: Batu Kawan offers emerging secondary location benefits with proximity to the second Penang Bridge and growing commercial zones, but lacks direct MRT/rapid transit access, making it less connected than established areas like Georgetown or Bayan Lepas.
- •**Risk & Timing**: Absence of specified completion date presents execution risk and potential extended holding periods for investors; market absorption in this sub-prime location depends heavily on infrastructure development timelines and broader Penang property cycle momentum.
NewProjek Score
6.5
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
Is this project priced fairly?
Price comparison data not available for this project.
Pulau Pinang — Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM470,000 | — |
| 2022 | RM482,000 | +2.6% |
| 2023 | RM495,000 | +2.7% |
| 2024 | RM508,000 | +2.6% |
| 2025 | RM520,000 | +2.4% |
Est. Monthly Rental
—
Based on similar properties in Penang
Gross Rental Yield
4.5%–5.5%
Annual rental / property price
Area Price Trend
+10.6%
NAPIC data 2021–2025
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| RM7,000 | RM1.0 mil | Yes |
| RM10,000 | RM1.5 mil | Yes |
| RM15,000 | RM2.3 mil | Yes |
| RM20,000 | RM3.2 mil | Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
DOSM income data for Penang
Median Household Income
RM6,502/mo
DOSM 2022
Mean Household Income
RM8,267/mo
DOSM 2022
Households Above RM8k
~37%
Estimated for Penang
Why Consider
- • Located in Batu Kawan, Penang
- • Freehold title property
- • By Developer
Risk Factors
- • Under construction — completion delays are possible
- • No MRT/LRT station listed nearby — may affect future demand
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Disclaimer: This report is generated using publicly available data from NAPIC, DOSM, and developer disclosures. Rental estimates, yield projections, and risk assessments are indicative only and do not constitute financial advice. Market conditions may change. Consult a licensed property valuer or financial advisor before making investment decisions. NewProjek is not responsible for any decisions made based on this report.