Is The Terraces Condominium better for own stay or investment?
For investment: The Terraces offers a solid investment opportunity in a growing area. The better fit comes down to your budget (entry from RM 627K) and how long you plan to hold.
Project perspective
The Terraces is a well-positioned leasehold condominium in Bukit Jambul, ideal for those seeking modern amenities and a reputable developer. However, potential buyers should consider the leasehold tenure and the competitive market in Penang.
Editorial judgement · pending review
The Strategy
- Located in the prime area of Bukit Jambul, Penang.
Cons / Things to check
- Avoid if you prefer freehold properties, as this is a leasehold development.
- Avoid if you are looking for immediate occupancy, as the project is still in the early stages of VP.
- Confirm current pricing (from RM 627K), the RM 0.27 psf maintenance and the 2026 completion timeline before booking.
Unit Layouts
Compare the available plans. Select an image to open it at full size.
Get Henry’s honest verdict →Lifestyle & Location
Open in Google Maps ↗- Transport
- Penang International Airport, Bayan Lepas Expressway
- Nearby Malls
- Queensbay Mall, Bukit Jambul Complex
- Facilities
- Swimming pool, gym, playground, 24-hour security
Own stay & investment
Own stay
The Terraces offers a luxurious lifestyle with modern amenities and a prime location. Residents can enjoy easy access to shopping, dining, and recreational activities in Bukit Jambul.
Investment
The Terraces offers a solid investment opportunity in a growing area. While the leasehold tenure requires consideration, the location and developer reputation provide a strong foundation for future value appreciation.
Monthly budget
Illustrative monthly instalment—
Down payment only—
Assumes a constant interest rate and fully drawn loan. The 4.2% rate is an editable example, not a bank quote. Excludes progressive interest, maintenance, sinking fund, insurance, taxes and legal costs. Down payment is not total upfront cash.
FAQs
What is the starting price for The Terraces Condominium?
The Terraces Condominium starts from RM 627K and ranges to RM 752K for units of 925–950 sq ft, with maintenance around RM 0.27 psf. Prices shift with package updates, so verify today's figures with Henry.
Is The Terraces Condominium freehold or leasehold?
The Terraces Condominium is a Leasehold property. It's targeting completion around 2026. Confirm the official tenure status in the SPA before signing.
When will The Terraces Condominium be completed?
The Terraces Condominium is targeting completion around 2026, with Leasehold tenure. The actual date depends on construction progress — check with Henry for the latest update.
How much is the maintenance fee for The Terraces Condominium?
Maintenance fees for The Terraces Condominium are estimated around RM 0.27 psf. The actual figure can shift once the management committee is set — confirm with Henry for the latest update.
What unit sizes are available at The Terraces Condominium?
Built-ups range from 925–950 sq ft across 3 bedroom layouts, within a 410-unit development, targeting completion around 2026. Confirm the remaining layouts before committing.
Who should think twice about The Terraces Condominium?
Avoid if you prefer freehold properties, as this is a leasehold development. Avoid if you are looking for immediate occupancy, as the project is still in the early stages of VP.
What should buyers compare before booking The Terraces Condominium?
Line up the current price list (from RM 627K), the low-density and layout efficiency, tenure (Leasehold), completion (2026), timing stage (Just Right) and realistic own-stay or rental demand versus nearby Bukit Jambul projects.
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