As promised, Xiaomi today announced the retail prices of its much anticipated Redmi Note 3 smartphone for the Malaysian market. The Chinese company will be releasing two variants of the phablet in Malaysia, with prices starting from just RM749.

The Redmi Note 3 had some pretty big shoes to fill; the Redmi Note 2 was one of the most popular Xiaomi smartphones from 2015. But from the specs alone one can tell it is more than a worthy successor.

Xiaomi will only be shipping the Qualcomm Snapdragon 650-powered variants in Malaysia; the MediaTek chipset version will only be sold in China for now. That’s not exactly a bad thing, based on what we know about the Snapdragon 650 – it’s hitting scores higher than both the MediaTek Helio X10 on the Redmi Note 2, and the flagship-class Snapdragon 808 on Antutu.

Other hardware specs of Xiaomi’s first metal-clad smartphone aren’t too shabby either: 5.5-inch Full HD display, 16MP rear camera with PDAF, 5MP front facing camera, and a headline-grabbing 4,050mAh battery.

The two variants in Malaysia differ only in RAM and internal storage. The lower-end model will sport 2GB of RAM and 16GB of internal storage, while the slightly more expensive model features 3GB of RAM and 32GB of storage. There’s a hybrid dual-SIM tray as well, and the device supports up to 32GB microSD cards.

But you already knew all that. What’s more important is the fact that the lower-end variant will retail for RM749 and the 3GB/32GB model will be priced at RM849. Both variants will be available to purchase from 6 April onwards. The 2GB/16GB model will only be available in Silver, while the 3GB/32GB variant will come in Gold or Grey.

This will be the most expensive Redmi smartphone in Xiaomi’s history, but in the greater context of things it may also prove to be one of the most wildly successful.

With its metal body, fingerprint scanner, huge battery life and what appears to be a pretty capable camera, Xiaomi it again flexing its biceps at the competition. It may have stumbled a little with the Mi 4i last year, but it appears the company is hell bent on not letting history repeat itself.