DistressedHandover overdue

Perwira Seri Iskandar

Phase 1

Ratus Nautika Sdn. Bhd.

Perak Tengah, PerakMap (opens Google Maps in a new tab)

Promised handover: 10 Mar 2024; Landed · Schedule G
Built so far: 94%
Buyers paid: RM 145,000; Median of 432 signed SPAs
For sale from: RM 145,000; 33 units left

Worth knowing

Discounts
Full price
All 432 buyers signed at the asking price, while 38% of Perak sales since 2021 were below asking.
Perak typical
38% below asking
This project
0% below asking

The checks

Schedule
Officially distressed
Buyers here carry real risk of late or no delivery.
Progress
Keeping pace
94% built, with 100% of the promised build time used.
Price
Everyone paid asking
All 432 buyers signed at the asking price.
See what buyers paid
Developer

Timeline

First buyers signed10 Mar 2022
Handover was due10 Mar 2024
Today94% 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.

Asking vs paid

Every buyer paid the asking price

All 432 buyers signed at the asking price.

From the price in each signed SPA. Cashback, rebates and free extras given outside the SPA aren't included, so some buyers paid less still.

How much buyers got off

Full price100%
Up to 5% off0%
5–10% off0%
10–15% off0%
15–20% off

Every unit 465

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 465 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 11 Sept 2026. Prices and availability can change; confirm with the developer before you commit.

Worth knowing

The checks

Officially distressed

Keeping pace

Everyone paid asking

Timeline

What buyers paid

How much buyers got off

Every unit 465