Developed by Aspen Group, VERSA is a freehold serviced residence project in Batu Kawan, Penang, and part of the larger Aspen Vision City masterplan. The developer previously made waves as the first private entity to launch affordable housing in Penang, inspiring a wave of accessible, quality developments across the state.

With VERSA, Aspen introduces a new layer of adaptable, future-ready homes designed for multi-functional lifestyles  all within walking distance to IKEA Batu Kawan and just a short drive from the Penang Second Bridge. Slated for completion in Q3 2027, the project features smart 2-bedroom layouts and dual-view options, offering either a sea-facing panorama or views of a 25-acre central park.

In 2024, the average transacted price for non-landed properties in Batu Kawan hovered around RM442,000, reflecting strong buyer demand and the township’s ongoing transformation into a northern growth node.

Project highlights:

  • Tenure: Freehold
  • Total units: 980
  • Property type: Non-landed (Serviced Apartment)
  • Completion year: Q3 2027
  • Built up size: 703 sq ft
  • Developer: Aspen Group
  • Location: Batu Kawan, Penang
  • Indicative price range: RM492,000 – RM596,400
  • Absorption rate: 20.92%

Nearby amenities:

  • Education: KDU Penang University College, local schools, Design Village enrichment centres
  • Shopping & F&B: IKEA Batu Kawan, Klippa Shopping Centre, cafes and grocers within Aspen Vision City
  • Work & mobility: Penang Second Bridge access, Batu Kawan Industrial Park
  • Recreation: Central park, lakeside promenade, rooftop sky facilities

Facilities:

  • 2-bedroom, 2-bath layouts
  • Sky garden, swimming pool, gym, multipurpose room
  • Ground floor commercial elements within mixed-use masterplan
  • Secure access with 24/7 surveillance

Concept & lifestyle:

VERSA is all about flexibility whether it's working from home, hosting friends, or just enjoying the view. Ideal for young professionals, new couples, and those seeking compact yet elevated living, the project rides on Batu Kawan’s boom as a live-work-play destination. 

The freehold tenure and walkability to daily essentials make it especially appealing for lifestyle-conscious homebuyers looking to own in Penang’s next-gen growth corridor.

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