IslandProperty in PenangSungai Ara

Fairview Residence Penang

Fairview Residence Penang

Fairview Residence, is an joint venture development between BSG and VST group  to develop affordable housing at Sungai Ara, Penang. The location is just next to Setia Pinnacle by SP Setia, about 10 minutes drive away from Setia SPICE.

With the size of 4.86 acres, This development will features 34-storey condominium offering 750 units of affordable housing, with standard built-up size of 970 sq.ft.

Project Overview:

Project Name: Fairview Residence
Location : Sungai Ara, Penang
Property Type : Affordable Housing
Built-up Area: 970 sq.ft.
Total Units: 750
Indicative Price: RM408,000, RM428,000 RM430,000, RM458,000
Land Tenure: Freehold

Loaction Map:

Fairview Residence is located along Persiaran Relau.

In google map view, it is as below: 

Zooming in on Sg Ara/Relau Area, these are the location.

If you are interested in surrounding projects, can click the link below.

Golden Triangle 2

Imperial Grande(Final phase)


There’s total 2 wing open for booking.

Fairview Residence Layout

For fairview, similar to Ideal Foresta due to it is affordable housing there’s only one type of unit Layout:

970 sqft  3 bedroom 2 bathroom.

Fairview Facilities 1:

Fairview Facilities 2:

Fairview Residence is open for first home buyer and also public quota.

For first home buyer are qualify to get RM408,000 and RM428,000.

While public quote buyer are able to get RM438,000 and RM458,000 respectively.

There’s total of 9 shoplots located at ground floor but is only for renting out purpose and not for sale.

Booking procedures:

Upon booking First home buyer are to prepare below document for us to help submit to state Gov.

It’ll takes about 1 month for approval.

  1. CCRIS statement
  2. 3 month payslip
  3. SPR
  4. EPF statement


Packages and details:

  • Booking fee: RM5,000
  • Carpark: 2 CP Tandem or Side by Side.
  • Free SPA and Loan.
  • Rebate 5%.
  • Maintenance: RM0.23psf +10% SF = RM245/month
  • Est completion date: Q4 2022.
  • Actual Ceiling height: 9 ft.

Units are now fully booked and pending for loan rejection release.

Interested customer are advise to engage our appointed marketing agent to secure units.


It is not a first time collaboration between VST and BSG. With strategic location, right price and practical layout. This is probably the best time to buy.

Plus, for this project we are able to help first time buyer to apply to state government.

Interested Prospect feel free to drop your enquiry here.


PM our facebook Fan page to get in touch.


Drop a message to one of our Agent, 017-4588547 Mr Yew to schedule exclusive showroom visit appointment.

Why Engage PropXpress?

  • 0 Agent Fee
  • Developer Appointed Marketing Agent
  • Value added Full Fledge service
  • Good Relationship with Banker and Developer
  • Renovation Expert Consultant

9 thoughts on “Fairview Residence Penang

  1. Hi sir/mdm,
    I would like to survey,
    1. Any units left for Tower A, city view?
    2. What’s the latest selling price?
    3. When is the completion build date, any impact due to MCO?
    4. What’s is the projected monthly renting price?
    5. Any term and condition for changing the name after purchase the house, any penalty like change the name after few months of purchase?

    Khoon Hong

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