In the heart of fastest-growing urban township, Seiras Residences at Utropolis Batu Kawan by Paramount Property breaks new ground as the first development in Penang to introduce triple-key homes, purposefully designed for flexible living and co-living lifestyles.

Whether you’re a young professional, savvy investor, digital nomad, or multi-generational family, Seiras offers a home that adapts to you, not the other way around.

The First Triple-Key Homes in Penang: Flexibility Meets Opportunity

Seiras Residences redefines what it means to own a home. With innovative layouts that cater to modern demands, you can live, rent, or share—on your terms.

Each 1,033 sq ft unit comes in two versatile designs:

• Type A (Dual-Key Layout) – Ideal for families and young professionals who want to live and rent at the same time. The additional studio unit with a private entrance provides an excellent source of rental income.
• Type B (Triple-Key Layout) – Perfect for co-living arrangements, expatriates, or multi-tenant leasing, this layout divides the space into three separate living areas, each with its own balcony and en suite bathroom.

With 2–3 dedicated parking spaces per unit and built-in rental-ready layouts, Seiras is more than a residence—it’s a strategic investment in Batu Kawan’s booming property market.

A Purpose-Built Co-Living Experience in Batu Kawan

Today’s lifestyle isn’t just about owning space—it’s about community, connection, and convenience. That’s why Seiras is built around a co-living ecosystem that enhances both personal and social living.

Co-Living Ready Facilities – Spread Across 3 Levels:

Level 9 – Where Work & Social Life Meet

• Co-working spaces & private offices
• Co-kitchen & community dining area
• Gym, pickleball court, sports & gaming lounge
• Forest lounge & sky-viewing deck

Level 11 – Wellness & Relaxation

• Olympic-length pool & jacuzzi
• Wading pool & pool deck
• Laundry room for added convenience

Plus, the ground-floor commercial spaces will bring trendy cafés, convenience stores, and retail shops, making it easy to grab a bite, shop, or meet friends, all without leaving home.

From focused work zones to shared kitchens and fitness hubs, Seiras creates a balanced lifestyle that encourages productivity, wellness, and meaningful interaction—all under one roof.

Seiras: At the Center of Batu Kawan’s Urban Transformation

Seiras is located within the thriving 44.3-acre Utropolis Batu Kawan, surrounded by essential amenities:

• Education: UOW Malaysia KDU Penang, The Ship Campus
• Healthcare: Columbia Asia Hospital
• Shopping & Lifestyle: IKEA, Klippa Mall, Decathlon, Design Village Outlet Mall
• Accessibility: 1km to Sultan Abdul Halim Muadzam Shah Bridge, near major highways & Penang International Airport

As Batu Kawan rapidly evolves into Penang’s next urban core, Seiras stands at the forefront—offering a rare combination of future-ready living, strategic location, and smart investment potential.

Seiras Residences – The Future of Living Is Now

Whether you’re looking to grow your income, build community, or live with freedom and privacy, Seiras unlocks the flexibility you’ve been waiting for.

Show unit available for viewing!  Visit the Paramount Property Gallery @ Utropolis Batu Kawan now and speak with property experts to secure your ideal home before it’s too late.

For more details, visit: https://paramountproperty.my/developments/utropolis-batu-kawan/seiras-residences/

For inquiries & bookings: Call 012-5010733
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About Eden at Botanica CT

Eden at Botanica CT is Penang’s First Integrated Senior Living Resort, situated near the town centre of Balik Pulau, which is at the Southwest of Penang Island and located 17 km away from the Penang International Airport.

Nestled within the 300-acre Botanica.CT garden township which already features terrace homes, semi-detached homes, bungalows, Botanica CT Centre, and the award-winning Prince of Wales Island International School. Eden at Botanica CT is set to enhance the township’s vision of a self-sustaining, vibrant community. Future developments, including Selgate Specialist Hospital Pulau Pinang and a Wetland Park, will further enrich the living experience. Eden at Botanica CT is set to enhance the township’s vision of a self-sustaining, vibrant community. Upcoming developments, including private healthcare-Selgate Specialist Hospital Pulau Pinang, a Wetland Park will further enrich the community.

Eden at Botanica CT is an Integrated Senior Living Resort that comprises of two components that complement each other – the Active Living Resort and the MOH  Licensed Care Residence providing professional licensed nursing care services. The Active Living Resort consists of two blocks of 350 residential units. Current progress, the piling works have been successfully completed and  foundation works are currently in progress on-site.

For further enquiries, please contact Eden at Botanica CT at 

017-311 2699 or 04-866 2399

Visit the Show Gallery at:
Eden at Botanica CT Show Gallery 
No.32-32A, Jalan Sungai Air Putih,
11000, Balik Pulau, Penang.

Penang is set to boost its gold and jewellery sector with the proposed Batu Kawan Gold Industrial Zone, Chief Minister Chow Kon Yeow announced during the 63rd anniversary of the Province Wellesley Gold and Silver Ornaments Merchants Association (PWGS) at the Iconic Marjorie Hotel in Bayan Lepas.

Chow emphasised the state’s commitment to building a globally competitive ecosystem rooted in craftsmanship, cultural heritage, and innovation. “Seberang Perai, especially Batu Kawan, has become one of Penang’s most promising economic corridors. The proposed industrial zone aims to transform the area into a regional hub for gold trading and innovation,” he said.

He revealed that two major developments within the zone are nearing completion and will soon begin operations. These projects are expected to generate high-skilled employment, facilitate technology transfer, and enhance the economic value of the sector.

Penang’s strong retail performance in gold, coupled with its status as a key tourism destination, provides a solid foundation for growth. With shifting global investment trends and the impact of US import tariffs, gold and silver have gained popularity as preferred commodities. Chow noted that Penang’s logistical infrastructure positions it well to become a regional re-export hub for gold-based products.

He commended PWGS for its six decades of contribution to the industry, calling the anniversary a testament to the association’s unity, resilience, and progressive leadership. Chow also recognised the association’s pivotal role in shaping the vibrant and competitive gold and jewellery landscape in Penang today.

About Ideal Venice Residency

The second phase of PR1MA affordable housing development by Ideal Property Group at Island Glades. Strategically located near the intersection of Jalan Bukit Gambir and Jalan Lembah, next to Ideal Residency. It’s just a stone’s throw away from University Science Malaysia (USM), about 5 minutes drive to Penang Bridge.

This development comprises two blocks 46-storey residential towers, featuring 1,632 affordable housing units with six levels of car parking podiums.

Find out more about Ideal Venice Residency

Malaysia’s residential property sector showed strong construction activity in the first quarter of 2025, marking a significant rebound in development momentum despite a dip in overall property transactions.

According to Abdul Razak Yusak, director general of the Valuation and Property Services Department (JPPH), the number of completed residential units surged by 30.2% to 9,329 units in Q1 2025, up from 7,168 units in the same period last year. Housing starts also recorded a robust 32.5% increase to 28,344 units compared to 21,391 units in Q1 2024.

“This reflects a strengthening development trajectory for the residential subsector,” said Abdul Razak during the release of the Property Market First Quarter 2025 report via Facebook Live.

However, the number of planned new developments dropped to 8,300 units from 11,000 a year earlier, suggesting a more cautious outlook for future supply.

Despite this, residential new launches more than doubled to 12,498 units in Q1 2025 from 5,585 units in Q1 2024, though sales performance remained modest at 10.8%.

On the transaction front, the market experienced a slight slowdown. Total property transactions declined by 6.2% to 97,772, while the total value dropped by 8.9% to RM51.42 billion, down from RM56.47 billion in Q1 2024.

Abdul Razak noted that while the market started slower, the strong pace of construction and rise in new launches are helping to sustain positive momentum. He attributed this to ongoing government support through housing initiatives like the Program Residensi Rakyat (PRR) and Projek Rumah Mesra Rakyat (RMR), as well as strategic infrastructure projects such as the Forest City Special Financial Zone and the Johor–Singapore Special Economic Zone.

The residential overhang—unsold properties completed and available for sale—recorded a slight increase, with 23,515 units worth RM15 billion, up 1.6% in volume and 7.7% in value from the previous quarter.

Meanwhile, the shopping complex sector saw a slight improvement, with occupancy rising to 79% from 78.8% a year earlier.

The Malaysian House Price Index (MHPI) for Q1 2025 stood at 225.3 points, with an average price of RM486,070 per unit and a modest annual growth of 0.9%.

Looking ahead, Abdul Razak expressed optimism that the property market will remain resilient, supported by continued construction activity and new housing supply.