
Seiras Residences is the fifth residential phase within Paramount Property’s 44.3-acre Utropolis Batu Kawan integrated development in Bandar Cassia, Penang. Launched in 2025, the project is positioned as a co-living-ready high-rise development that combines flexible dual-key and triple-key layouts with modern shared facilities. With 411 units, a freehold tenure and an expected completion in 2028, Seiras is designed to appeal to both owner-occupiers seeking adaptable living spaces and investors looking for rental-oriented configurations.
Seiras Residences is located within Utropolis Batu Kawan, placing residents in one of the major growth areas of mainland Penang. The development is approximately 1km from the Sultan Abdul Halim Muadzam Shah Bridge, providing direct access to Penang Island, while the North-South Expressway connects the area with Bukit Mertajam, Kedah and the wider northern corridor. Its position within an established integrated township also means residents are surrounded by commercial, educational, healthcare and lifestyle destinations.
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The main selling point of Seiras is its emphasis on flexible living. Both layouts are 1,033 sq ft and provide three bedrooms and three bathrooms, but the internal configuration allows the space to function differently depending on the owner's needs. The Type A dual-key arrangement can accommodate an owner-occupied portion together with a separate studio, while the Type B triple-key configuration is designed around three independently accessible living spaces. This gives the project a distinct co-living and rental-oriented proposition compared with conventional three-bedroom apartments.
Another notable feature is its integration with the wider Utropolis township. Seiras is accompanied by 10 commercial units along the main road, adding convenience and supporting a more active mixed-use environment around the residence.
Facilities are designed around the project's co-living concept, with spaces intended for both recreation and social interaction. Key facilities include a swimming pool, gym, sport lounge, putting green, co-kitchen and co-working spaces. Event and communal areas further support residents who work remotely, share accommodation or prefer a more community-oriented living environment.
Seiras focuses more on flexibility and technology than simply maximising conventional residential space. The units are equipped with features such as digital locks, technology infrastructure and passcode-protected mailboxes, supporting easier access and management for owners who may operate part of their unit as rental accommodation. The dual-key and triple-key configurations also provide independent access arrangements, making the layouts particularly relevant to multi-tenant or multi-generational use.
Current marketing information places Seiras Residences at around RM5xx,000 onwards, with a quoted starting level of approximately RM485 per sq ft. Pricing and remaining availability may vary according to floor, orientation, layout and current developer packages, so buyers should verify the latest package directly with Paramount Property.

The Type A configuration is more suitable for owner-occupiers who want to retain a private living area while separately renting out another portion. Type B is more strongly geared towards co-living, multi-generational households or investors seeking multiple rental spaces within one property.
Seiras occupies a relatively differentiated position within Batu Kawan by combining freehold ownership with dual-key and triple-key configurations. Rather than competing solely on conventional residential facilities, the project is positioned around flexible ownership, co-living readiness and rental versatility.
Its location within Utropolis also strengthens the proposition. Residents have access to retail, education, healthcare and commercial components within a broader 44.3-acre township, while the wider Batu Kawan area continues to develop as a major residential, commercial and industrial node in mainland Penang.
From an investment perspective, Seiras is particularly interesting because its layout strategy is closely aligned with the rental market rather than relying solely on conventional family occupancy. The dual-key configuration allows owners to combine own-stay and rental use, while the triple-key concept can potentially accommodate several tenants within one 1,033 sq ft unit. This creates greater flexibility for investors, although actual rental returns will depend on achievable room or unit rents, occupancy and management costs.
Batu Kawan's longer-term appeal is supported by its growing employment, education, retail and industrial ecosystem. Utropolis already forms part of this established growth story, with UOW Malaysia KDU, IKEA, Design Village and access to the Batu Kawan Industrial Park contributing to the area's wider demand drivers. Paramount's 2024 annual report also identifies Utropolis as its integrated mixed-development project in Penang, with Seiras planned as the latest residential phase.
Seiras is designed for a more connected and flexible urban lifestyle. Co-working areas cater to remote workers and digital professionals, while the gym, swimming pool, sport lounge and putting green provide recreational options within the development. The co-kitchen and event-oriented spaces further reinforce the project's community concept, making it more suitable for residents who value shared facilities and social interaction alongside private living space.

Seiras Residences stands out in Batu Kawan for its combination of freehold tenure, 1,033 sq ft flexible layouts, dual-key and triple-key configurations, and co-living-ready facilities. Its location within Utropolis provides access to major retail, education and healthcare amenities, while its proximity to the Second Penang Bridge supports connectivity between mainland Penang and the island. For owner-occupiers, the adaptable layouts provide flexibility for multi-generational living or partial rental use; for investors, the project's strongest proposition lies in its potential to tap into co-living and multi-tenant demand. Ultimately, Seiras is best viewed as a flexible-living development positioned to benefit from the continued maturation of the Batu Kawan growth corridor.















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