Bandar Seri Alam, Masai · Completed 2007 · Subsale
Seri Mutiara Apartment
A freehold 25-storey apartment block on Persiaran Seri Alam with 698 units of 840–1,682 sq ft, a recreation lake and a recorded median of about RM321 psf.
Replies on WhatsApp from Jason himself · No obligation
Answer block
Seri Mutiara Apartment at a glance
Every figure here comes from the developer, the government housing register or the property records named at the foot of the page. Where sources disagree, the range is shown. Where nobody has published a number, it is not on this page.
Development
Seri Mutiara Apartment
Also filed as Seri Mutiara Apartments (Seri Alam); not the Selangor project of the same name
Address
Persiaran Seri Alam
Bandar Seri Alam, 81750 Masai
Tenure
Freehold
PropertyGuru, iProperty and EdgeProp
Completion
2007
PropertyGuru; EdgeProp records sales from 2011
Units
698
PropertyGuru, iProperty and EdgeProp agree
Height
25 storeys
iProperty
Layouts
840–1,682 sq ft
Mostly three bedrooms and two bathrooms; EdgeProp gives the top size as 1,700 sq ft, so records differ slightly
Foreign buyers
Not eligible in practice
Asking prices are well below RM1 million
Why this address
Four things buyers weigh at Seri Mutiara Apartment
Roomy, lower-priced freehold apartments in an established township. Here is the case, and the catch.
Large units for the price
Most layouts are three-bedroom homes from 840 sq ft up to about 1,682 sq ft, with asking prices starting near RM245,000 in October 2026.
A full set of facilities
Listings show a recreation lake, pool, tennis and basketball courts, a badminton hall, gym and jogging track.
Daily needs nearby
iProperty puts Lotus’s Seri Alam and Regency Specialist Hospital about 2 km away, and Mydin Taman Rinting about 3 km.
What to weigh: an older block
The building was completed in 2007, so check the condition of lifts, pipes and common areas, and ask about the sinking fund. EdgeProp’s 48-month median is RM321 psf, below most newer Masai projects.
The development
Seri Mutiara Apartment, decoded
A freehold 25-storey apartment block with a recreation lake on Persiaran Seri Alam, Bandar Seri Alam.
Facilities
As listed by PropertyGuru, iProperty and EdgeProp; floor levels are not published.
Water
Pools
- Swimming pool
- Children’s wading pool
- Sauna
- Recreation lake
Active
Sports and fitness
- Gymnasium
- Tennis courts
- Basketball court
- Badminton hall
- Jogging track
Residents
Shared spaces
- Clubhouse
- Lounge
- Multi-purpose hall
- BBQ area
- Nursery
- Children’s playground
- 24-hour security
Where the project is now
Price and rent by layout
What each layout is asking at Seri Mutiara Apartment
Asking prices and rents seen on PropertyGuru in October 2026, matched to each layout by size. Asking prices are not sale prices; compare them with the recorded transactions above.
| Layout | Size | Asking price | Asking rent | Listings |
|---|---|---|---|---|
| – | about 800–900 sq ft | – | RM1,700/mo | 1 |
| – | about 1,300–1,400 sq ft | – | RM2,200/mo | 1 |
Free PDF: JB Condo Prices & Rents 2026
Recorded prices and rents for 122 JB condos, plus asking prices, rents and yields by area. Compare this project with its neighbours before you make an offer. What is inside
Location & connectivity
Where Seri Mutiara Apartment sits
Persiaran Seri Alam, Bandar Seri Alam, 81750 Masai, Johor.
The recorded numbers
The price numbers
Recorded sales and asking prices are different things. Transacted figures come from deals recorded with the government valuation department; asking figures are what owners or the developer are listing at.
| Measure | Figure | Source and date |
|---|---|---|
| Transacted price median, last 48 months | RM321 psf · typical RM254–368 psf | EdgeProp project page, Oct 2026 |
| Asking price for sale, all sizes | About RM244,900–460,000 · RM185–362 psf | PropertyGuru building page, Oct 2026 |
| Asking rent whole units | About RM1,250–2,300 a month | PropertyGuru building page, Oct 2026 |
The transacted row is EdgeProp’s record of completed sales over 48 months; EdgeProp puts the implied gross yield at about 4.7%. Sale and rent rows are asking prices seen on PropertyGuru in October 2026 (47 for sale, 35 for rent), not transactions; iProperty showed asking from RM245,000 and rent from RM750, which likely includes rooms.
Around the building
What is near Seri Mutiara Apartment
The closest places on the map, measured in a straight line from the building. Driving distances are longer.
🚉 Getting around
- Terminal Bas Masai~3.2 km
🛍️ Malls
- AEON Mall~5.5 km
🎓 Schools
- Japanese International School~700 m
- Pegasus~1.4 km
- SMK Kota Puteri~1.5 km
- SJK (C) Nam Heng~1.6 km
🏛️ Colleges and universities
- MARA University of Technology Pasir Gudang Campus~2.3 km
- Universiti Kuala Lumpur (UNIKL)~3.8 km
- Kolej Komuniti Pasir Gudang~5.4 km
🏥 Hospitals
- Hospital Pasir Gudang~900 m
- Regency Specialist Hospital Sdn Bhd~1.3 km
- KPJ Pasir Gudang Specialist Hospital~4.8 km
Map data © OpenStreetMap contributors. Names as recorded on the map; check opening and enrolment details yourself.
Is it for you?
Which kind of buyer are you?
The same building suits different people for different reasons. Pick the line that sounds like you.
🏠 Living here yourself
Ask me which stacks get the better view and the least afternoon sun; that changes the price more than the floor.
💰 Buying to rent out
Compare the recorded rents in "The price numbers" above with the instalment on your loan. Smaller layouts usually rent faster; larger ones hold tenants longer.
👨👩👧 Family with children
Check the school and clinic distances in the location section, the number of car parks per unit and how busy the lifts are at 7.30 am.
✈️ Buying from overseas
Foreigners can only buy above the state minimum price (RM1 million in Johor) and pay 8% stamp duty from 2026. Ask me which units here qualify before you shortlist.
Straight talk
What I will not hide from you
Every project has trade-offs. These are the ones I would want to know before paying a deposit.
- ⚠️ More than ten years old. Ask for the last AGM minutes and how much maintenance owners still owe; arrears show up as poor upkeep later.
- ⚠️ Most asking prices here are below RM1 million, so most units cannot be sold to foreigners in Johor. On resale, your buyers will mainly be locals.
- ⚠️ Asking prices are not sale prices. Compare any offer with the recorded transacted price per sq ft above before you commit.
The real cost
What buying here costs in 2026
Worked example for a unit at RM250,000, around the typical asking price here. Your figures will differ with the price and the bank.
| Malaysian buyer (90% loan) | Foreign buyer (70% loan) | |
|---|---|---|
| Purchase price | RM250,000 | RM250,000 |
| Down payment | RM25,000 | RM75,000 |
| Loan amount | RM225,000 | RM175,000 |
| Stamp duty on transfer (MOT) | RM4,000 | RM20,000 |
| Stamp duty on loan (0.5%) | RM1,125 | RM875 |
| Lawyer, sale agreement (incl. 8% SST) | RM3,375 | RM3,375 |
| Lawyer, loan agreement (incl. 8% SST) | RM3,038 | RM2,363 |
| Cash needed before keys | RM36,538 | RM101,613 |
| State consent fee for foreigners | – | 3% of the price or RM30,000 (Johor) |
Estimates only. Stamp duty: 1–4% tiers for Malaysians and PRs, 8% flat for foreigners from 1 Jan 2026. Legal fees follow the Solicitors’ Remuneration Order 2023. First-time Malaysian buyers of homes up to RM500,000 may get a stamp duty exemption until 2027. Valuation, disbursements and moving costs are not included.
Get these numbers for a real unitCalculate my exact costs →Straight answers
Frequently asked questions
How many units are there and what sizes?
There are 698 apartments in a 25-storey block. Sizes run from 840 sq ft to about 1,682 sq ft (EdgeProp gives 1,700 sq ft), and most units are three-bedroom, two-bathroom layouts.
Is Seri Mutiara Apartment freehold?
Yes. PropertyGuru, iProperty and EdgeProp record freehold tenure.
Can a foreigner buy here?
In Johor a foreign buyer generally needs to pay at least RM1 million per residential property, with state consent. Since 1 July 2025 Johor charges foreign buyers a consent levy of 3% of the price or RM30,000, whichever is higher, and stamp duty on transfers to foreigners is a flat 8% from 1 January 2026. Bumiputera lots, low-cost and affordable units, Malay Reserve land and single or one-and-a-half-storey terraces are closed to foreigners. Asking prices at Seri Mutiara Apartment top out around RM460,000, so no unit reaches the RM1 million line and foreign buyers are not eligible in practice.
How much does a unit rent for?
PropertyGuru listings in October 2026 ask about RM1,250 to RM2,300 a month for whole units; iProperty shows lower asking rents from about RM750, which likely include rooms.
Berapa harga Seri Mutiara Apartment?
Harga transaksi median ialah RM321 sekaki persegi (EdgeProp, 48 bulan terakhir). Harga tawaran di PropertyGuru (Oktober 2026) sekitar RM244,900 hingga RM460,000. Pegangan bebas, siap pada 2007.
Seri Mutiara Apartment 价格多少？租金多少？
根据EdgeProp，过去48个月成交中位价约每平方尺RM321；PropertyGuru挂牌价约RM24.49万至RM46万（2026年10月），整间月租约RM1,250至RM2,300。永久地契，2007年完工，共698个单位。
Which schools are near Seri Mutiara Apartment?
On map data, the nearest schools are Japanese International School (~700 m), Pegasus (~1.4 km), SMK Kota Puteri (~1.5 km). Distances are straight-line from the building.
Is there a train or bus station near Seri Mutiara Apartment?
The nearest stations on map data are Terminal Bas Masai (~3.2 km).
What is the nearest hospital and mall to Seri Mutiara Apartment?
The nearest hospital on map data is Hospital Pasir Gudang (~900 m), and the nearest mall is AEON Mall (~5.5 km).
How much cash do I need to buy at Seri Mutiara Apartment?
For a unit at RM250,000,, a Malaysian buyer with a 90% loan needs about RM36,538 before getting the keys, covering the down payment, stamp duty and legal fees. A foreign buyer with a 70% loan needs about RM101,613, before the state consent fee. The full table is in "What buying here costs in 2026".
Compare
Worth putting beside this one
Same area first, then a similar budget. Chosen so you can compare the numbers yourself, not for which one pays the agent more.
Tropicana Danga Cove, Masai
Ayera Residences @ Tropicana Danga Cove
Freehold terraced houses in Tropicana Danga Cove, 577 units, completed 2021. Asking from about RM770,000.
View project →Bandar Baru Permas Jaya, Masai
D’Ambience Residences
Freehold, 780 serviced residences by IJM Land in Permas Jaya, completed 2014. Asking from about RM250,000.
View project →Taman Megah Ria, Masai
D’Carlton Seaview Residences
Freehold, 576 serviced apartments in two 28-storey towers in Taman Megah Ria, completed 2015. Recorded median about RM503 psf.
View project →Get the current price list and units available at Seri Mutiara Apartment
Prices move and the better units go first. Tell me your budget and whether you are buying to live in or to rent out, and I will send back the units that fit, not a generic brochure.
Buying, selling or renting: one conversation, no obligation.
Jason Lim
10 years in Malaysian property · Johor Bahru & Kuala Lumpur · REN 84424 · IQI Realty Sdn. Bhd. E (1) 1584/6
I work with local families, investors and buyers from Singapore and overseas. If a project is not right for what you need, I will say so; that is usually worth more than the brochure.