DistressedHandover pushed back 11 monthsHandover overdue

Sri Bayu

Prisma Bumiraya Sdn. Bhd.

Daerah Barat Daya, Pulau PinangMap (opens Google Maps in a new tab)

Promised handover: 23 Oct 2022; Originally 23 Nov 2021
Built so far: 89%
Buyers paid: RM 72,500; Median of 199 signed SPAs
For sale from: RM 42,000; 47 units left

Worth knowing

Sales
81% sold
81% sold since its 2018 launch, slower than most Pulau Pinang projects launched that year.
Pulau Pinang 2018 typical
100% sold
This project
81% sold
Handover
+11 months
Handover was pushed back 11 months, while only 47% of Pulau Pinang projects launched in 2018 were.
Pulau Pinang 2018 typical
+6 months
This project
+11 months

The checks

Schedule
Officially distressed
Buyers here carry real risk of late or no delivery.
Progress
Keeping pace
89% built, with 100% of the promised build time used.
Price
Discounts unknown
This project launched before 2021. Signed prices from then almost always match the asking price on record, so the discounts buyers got don't show.
Developer

Timeline

First buyers signed23 Nov 2018
Original handover date23 Nov 2021
Extension approved: +11 months
Handover was due23 Oct 2022
Today89% built

What buyers paid

Paid is the price in each buyer's signed SPA. Asking is the developer's listed price. Est. after discount is an estimate for units still for sale: the asking price less the discount buyers of that type typically got.

This project launched before 2021. Signed prices from then almost always match the asking price on record, so the discounts buyers got don't show.

Apartment / condominium
Paid · median
RM 72,500199 sold
Asking
RM 42,000 – RM 72,50047 for sale
Paid · range
RM 42,000 – RM 72,500

Signed and asking prices by property type
Type	Paid · median	Paid · range	Asking · units for sale
Apartment / condominium	RM 72,500199 sold	RM 42,000 – RM 72,500	RM 42,000 – RM 72,50047 for sale

0 of 246 units are Bumiputera lots

Every unit 246

Each unit's asking price and sale status, with what sold units signed at and an estimated price for units for sale.

See every unit with Agents

The Agents plan shows all 246 units: which are sold, what each buyer signed for, and the estimated price of the units still for sale.

See the Agents plan

Data as of 12 Sept 2026. Prices and availability can change; confirm with the developer before you commit.

Worth knowing

The checks

Officially distressed

Keeping pace

Discounts unknown

Timeline

What buyers paid

Every unit 246