Data-quality note: 4 fields on this guide are unverified or pending Zac's direct input — see "Sources & gaps" at the bottom of this page for the full list.
Penang Island
Pulau Tikus
Established premium island corridor — expat heartland.
Condo PSF
RM 900–1480
Avg Yield
4%
Avg Rent (condo)
RM 3,200
Active projects
0
What is the average PSF in Pulau Tikus in 2026?
The average condo PSF in Pulau Tikus is roughly RM900–1480 as of 2026, based on NAPIC/Brickz-checked benchmarks for the area.
- Condo PSF rangeRM 900–1480
- Gross rental yield4%
- Avg. condo rentRM 3,200/mo
Character
One of George Town's oldest premium residential pockets — known for its food scene, international school proximity, and tight-knit expat community. Lower density than Tg Tokong, more central than Tg Bungah.
Lifestyle scorecard
Zac's honest 1–10 rating across the dimensions buyers care about most.
✅ Pros
- Walkable to international schools and Gurney amenities
- Established expat community
- Strong food/F&B scene
⚠️ Cons
- No LRT on funded alignment
- Premium PSF — entry above RM700K for most condos
- Limited new freehold supply
Transaction benchmark
Trailing 12 months (search snippet date stamp April 2025 - March 2026 for non-landed aggregate)Condo PSF (low)
RM null
Condo PSF (high)
RM null
Sample
Brickz aggregate for Pulau Tikus non-landed residential (locality aggregate; mixes old walk-ups with newer condos)
Locality aggregate is dragged down by older flats/apartments. Premium freehold condo benchmarks within Pulau Tikus run much higher: Moulmein Rise median ~RM1,187/sq ft trailing 12 months; Bellisa Court median RM723/sq ft (also reported RM830/sq ft Dec-2023 to Oct-2024 window). Bellisa Row (commercial shoplots) median RM543/sq ft / RM1.2m, 5 transactions Mar-Dec 2025. Use the condo-specific figures for premium-segment articles.
Sources
For unit-by-unit recent transactions on any specific Pulau Tikus project, ask Zac for the latest →
📈 What to watch over the next 3 years
Verifiable upcoming events from named, dated announcements — not price speculation.
- Pulau Tikus is NOT on the funded Mutiara LRT Line alignment (line runs island-south Silicon Island/Bayan Lepas to Komtar then crosses to Penang Sentral). Relative transit-access advantage will shift toward Bayan Lepas and Komtar corridor over the next 3 years, not Pulau Tikus.
- Codrington Residence (BSG Property + VST Property JV), a 198-unit, 28-storey freehold condo on Codrington Avenue in Pulau Tikus, is targeting completion in Q4 2026 with prices from RM1.27m and units from 1,300 sq ft — directly adding premium new-stock competition for Pulau Tikus resale stock.
- The Jalan Mount Erskine - Jalan Burma underpass (RM330m, ~700m, federal + MBPP co-funded) is approved under Budget 2026 with construction expected to begin Q4 2026; utility relocation alone may take 18 months. The corridor directly serves Pulau Tikus traffic flows (Burmah Road / Kelawei Road / Jalan Mount Erskine), so 2027-2028 will see disruption before any flow benefit.
Sources (6)
- en.wikipedia.org/wiki/Mutiara_line
- laluanmutiara.mymrt.com.my/lrt-mutiara-line
- myrealestate.com.my/property/codrington-residence-pulau-tikus
- www.mypropertydeals.com.my/codrington-residence-pulau-tikus-new-project
- www.pocketnews.com.my/2025/10/10/budget-2026-mount-erskine-underpass-project-approved-to-ease-penang-traffic
- www.freemalaysiatoday.com/category/nation/2025/10/18/penang-activists-slam-federal-approval-of-underpass-project-funds
Every project in Pulau Tikus, priced
All 7 tracked projects — 0 selling, 6 trading sub-sale. Rendered from our project records, so a correction updates this table everywhere it appears.
There is no active launch in Pulau Tikus right now. Everything here trades sub-sale.
Sub-sale — 6 projects
| Project | Price | PSF | Tenure | Land title | Built | Status |
|---|---|---|---|---|---|---|
| Cascadia | RM800K–RM840K | 710–770 | Freehold | Residential | 1993 | sub-sale |
| Arcadia | RM850K–RM1M | 895–1106 | Freehold | Residential | 1989 | sub-sale |
| The Cantonment | RM1.23M–RM5.25M | 900–1480 | Freehold | Residential | 2015 | sub-sale |
| Codrington Residence | RM1.4M–RM2.1M | 1058–1436 | Freehold | Residential | 2026 | sub-sale |
| Moulmein Rise | RM2.18M–RM3M | 1178–1402 | Freehold | Residential | 2016 | sub-sale |
| The Anton | RM3.9M–RM7.85M | 1241–1408 | Freehold | Residential | 2026 | sub-sale |
Price bands
Foreign buyers
6 of 7 have at least one unit clearing the RM1M island minimum. One does not: Cascadia. The threshold never varies by title class.
Title & tenure
Narrow it down
Filtered views of Pulau Tikus stock — each one a live list, not a static page.
Projects in Pulau Tikus
0 selling · 1 upcoming · 6 completed
🚀 Upcoming
- Cantonment Residence · BSG Property and VST (joint venture)
More on Pulau Tikus
Guides and comparisons specific to this area.
Hero photo: Wikimedia Commons contributor · CC-BY-SA-4.0
Sources & data gaps (5)
Honest list of what couldn't be verified from public sources for this area (research completed 2026-06-24). These need Zac's direct input.
- •No condo-only Brickz median surfaced for Pulau Tikus; locality non-landed aggregate (RM357/sf) blends old apartments with premium condos and understates the premium-condo benchmark.
- •No quantitative congestion index for Burmah Road / Kelawei Road; qualitative only.
- •Reddit r/penang and Lowyat searches for 'Pulau Tikus' returned no usable on-topic threads with substantive questions; recommend manual scrape of Penang Property Talk Pulau Tikus comment threads.
- •No MM2H-by-postcode data; expat density inferred from rental-index commentary.
- •Condo PSF band rebuilt 3 verified sub-sale projects (median-anchored portal asking, Aug 2026); unswept projects excluded so launch prices do not widen the band.