Tanjung Tokong is the E&O area. Seri Tanjung Pinang Phase 1 is now a settled precinct — the Andaman towers at Quayside were complete by 2017, Straits Quay Marina anchors the retail spine, and the residents' association has real institutional memory. Phase 2 (Andaman Island reclamation) is still filling in, with Arica delivering 2027 and more Phase 2 residential to come. Around that E&O core sits a mix of boutique freehold, accessible mid-tier condo, and three active new launches — which makes Tanjung Tokong the northernmost area with a real new-launch pipeline in 2026.
Ten buildings earn a ranking. Here they are, ranked the way I'd rank them for a buyer sitting across from me.
Key takeaways:
- 10 active-market picks — 7 completed subsale + 3 new-launch (Crown Penang, Arica, Eight & Eight)
- Seri Tanjung Pinang precinct anchors the area — E&O masterplan, waterfront-integrated retail spine
- Foreign-eligible from ~RM700K+ on new launches; ~RM1M+ on subsale premium (18 East, Fettes, Andaman @ Quayside)
- PSF band RM400-1,400 depending on tenure, boutique scale, and precinct position
- Landed STP alternative (Abrezza, Caspian, Andorra Skyloft, Martinique, Cayman, Acacia, Amaris, Ariza Seafront) — see Tanjung Tokong property guide 2026
- Best current new-launch value: Crown Penang (Chin Hin freehold, from RM704K, 2029)
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How this ranking is built
Same methodology as my other area best-of hubs — Gurney Drive, Batu Ferringhi. Not a developer-paid list. Every project below is ranked on my honest 5-point rating, and must clear:
- Freehold preferred — leasehold flagged where it matters
- Active subsale market OR active new-launch/under-construction — no shelved stock
- Verified pricing against portal + agent-verified data
- Recommendable — no shelved or troubled projects
Order is rating, with brand + boutique scale as tiebreakers.
The Tanjung Tokong best condos 2026 — the ranking
1. Andaman @ Quayside — the E&O flagship precinct anchor
- Developer: Eastern & Oriental (E&O)
- Tenure + title: Freehold, residential
- Price from: RM1,280,000
- Units: 1,100
- Rating: 4.7/5
Why it's #1: E&O's Andaman @ Quayside is the newer phase of the seven-tower Quayside development in Seri Tanjung Pinang Phase 1 — two towers of 169 homes each beside the marina and retail spine. Not boutique, but the estate's scale is precisely what delivers the amenity depth: Straits Quay Marina retail is downstairs, the seafront promenade is a walk, and E&O's institutional developer credibility (this is not a one-project SPV) means the JMC has run at high standard for over a decade. Rating 4.7 is the area's ceiling.
2. Fettes Residence — the boutique 195-unit freehold family
- Developer: IOI Properties
- Tenure + title: Freehold, residential
- Price from: RM1,139,000
- Units: 195
- Rating: 4.7/5
- Full review: Fettes Residence review 2026
Why: Georgetown fringe + Tanjung Tokong border, boutique 195-unit scale, IOI Properties developer credibility. Fettes trades on the combination of Tanjung Tokong precinct access + Georgetown-adjacent lifestyle + boutique tower. Foreign-eligible from entry (RM1.14M clears the floor comfortably).
3. The Penthouse @ Tanjung Tokong — 22-unit ultra-boutique
- Developer: Method 123 Sdn. Bhd. (Tamarins Group)
- Tenure + title: Freehold, residential
- Price from: RM3,460,000
- Units: 22
- Rating: 4.6/5
Why: 22 units. That is the entire building. This is the area's most compressed boutique product — ultra-scarce, with structural resale defence built into the unit count. Ticket at RM3.46M+ is the top of the Tanjung Tokong condo band, and buyers here are almost always wealthy multi-generational Malaysian families or MM2H downsizers from landed. Not a mass-market recommendation; a specialist address for the specialist buyer.
4. 18 East @ Andaman — the accessible foreign-eligible
- Developer: E&O Property Development
- Tenure + title: Freehold, residential
- Price from: RM1,090,000
- Units: 210
- Rating: 4.3/5
- Full review: 18 East @ Andaman review 2026
Why: the area's most balanced accessible foreign-eligible entry. From RM1.1M clears the RM1M floor with breathing room, 210 units gives real listing turnover, and the Andaman Island precinct positioning captures the E&O amenity uplift as Phase 2 fills in. Rating 4.3 reflects "good pick, not exceptional" — this is a rational buy rather than a scarcity buy.
5. Crown Penang — the active new-launch mid-tier
- Developer: Chin Hin Group Property Berhad
- Tenure + title: Freehold, serviced-apartment
- Price from: RM704,000
- Units: 588
- Target completion: 2029
- Rating: 3.9/5
- Full review: Crown Penang review 2026
Why: the area's most-active current new-launch. Chin Hin Group is a listed developer with genuine institutional credibility. From RM704K entry is Malaysian-only at the smallest units; the RM1M+ larger layouts are foreign-eligible. Serviced-apartment product classification (not pure residential condo) matters for foreign-buyer running costs and loan margin — verify title class with your conveyancing lawyer.
6. Arica @ Andaman Island — E&O's new-launch entry
- Developer: Persada Mentari (Eastern & Oriental)
- Tenure + title: Freehold, serviced-apartment
- Price from: RM800,000
- Units: 380
- Target completion: 2027
- Rating: 3.8/5
Why: E&O's more accessible entry into the Andaman Island Phase 2 precinct. It launched from RM800K and sold out by November 2024, so any unit now is a resale from an owner. Most units are below RM1M, so foreign buyers need one of the larger layouts priced at RM1M or more. 2027 completion is nearer-term than Crown Penang.
7. City of Dreams — the accessible serviced-apart
- Developer: Ewein Zenith Sdn. Bhd.
- Tenure + title: Freehold, serviced-apartment
- Price from: RM700,000
- Units: 572
- Rating: 4.5/5
Why: the area's most accessible sub-RM1M entry in the completed subsale market. 572 units gives deep inventory, serviced-apartment title means different running-cost profile than pure residential (verify). Malaysian-only at asking below RM1M; foreign-eligible on the larger RM1M+ specific units.
8. The Tamarind — the volume investor product
- Developer: E&O Property Development
- Tenure + title: Freehold, serviced-apartment
- Price from: RM780,000
- Units: 1,104
- Rating: 3.9/5
Why: 1,104 units is the area's highest-density product after Andaman @ Quayside. Not a boutique story — this is a yield + accessible-entry play. Serviced-apartment classification matters for foreign-buyer running costs. Density means shared amenity feels busy but per-unit fees are lower.
9. Straits Quay Suites @ Waterside — the marina-adjacent boutique
- Developer: E&O
- Tenure + title: Freehold, serviced-apartment
- Price from: RM638,000
- Units: 160
- Rating: 3.9/5
Why: 160-unit boutique product on the Straits Quay Marina spine. The marina + retail integration is the value offer; ticket is accessible for the amenity you get. Malaysian-only at asking below RM1M.
10. Eight & Eight — the leasehold caveat pick
- Developer: UDA Land (North) Sdn. Bhd.
- Tenure + title: Leasehold, residential condominium
- Price from: RM691,000
- Units: 600
- Target completion: 2029
- Rating: 3.6/5
Why included: the area's only active-launch leasehold product. Included so buyers know the difference matters. UDA is a legitimate government-linked developer with clean project delivery, but leasehold in Tanjung Tokong when almost every peer is freehold is a meaningful trade-off — different loan margin, lease-clock consideration on 15+ year hold, thinner ease of resale when buyers can choose freehold at similar ticket elsewhere on the area.
Quick comparison — Tanjung Tokong condos 2026
| # | Project | Tenure | From | Units | Completion | Rating | Foreign-eligible |
|---|---|---|---|---|---|---|---|
| 1 | Andaman @ Quayside | Freehold | RM1.28M | 338 | Completed | 4.7 | Yes |
| 2 | Fettes Residence | Freehold | RM1.14M | 195 | Completed | 4.7 | Yes |
| 3 | The Penthouse @ TT | Freehold | RM3.46M | 22 | Completed | 4.6 | Yes |
| 4 | 18 East @ Andaman | Freehold | RM1.09M | 210 | Completed | 4.3 | Yes |
| 5 | Crown Penang | Freehold | RM704K | 588 | 2029 | 3.9 | Above RM1M |
| 6 | Arica @ Andaman Island (sold out, resale) | Freehold | RM800K launch | 380 | 2027 | 3.8 | Above RM1M |
| 7 | City of Dreams | Freehold | RM700K | 572 | Completed | 4.5 | Above RM1M |
| 8 | The Tamarind | Freehold | RM780K | 1,104 | Completed | 3.9 | Above RM1M |
| 9 | Straits Quay Suites | Freehold | RM638K | 160 | Completed | 3.9 | Above RM1M |
| 10 | Eight & Eight | Leasehold | RM691K | 600 | 2029 | 3.6 | Above RM1M |
How I'd steer specific buyers
Wealthy second-home buyers from Hong Kong, Singapore or Taiwan who value the branded-masterplan story usually land on Andaman @ Quayside; Fettes Residence takes the buyer wanting boutique scale with Georgetown-adjacent lifestyle, and The Penthouse @ Tanjung Tokong is where the buyer who wants something ultra-boutique ends up. First-time foreign buyers and MM2H Gold applicants clearing the RM1M threshold with a modest stretch fit 18 East @ Andaman naturally. On the new-launch side: Crown Penang is where the buyer with a 3-4 year horizon captures pre-completion pricing, and Arica @ Andaman Island is the shorter 2-year completion for buyers wanting E&O brand at accessible ticket. Malaysian own-stay at accessible entry runs to City of Dreams or Straits Quay Suites. If the conversation forks to landed, the STP villa cluster — Abrezza, Caspian, Andorra Skyloft, Martinique, Cayman — is the area's landed answer for wealthy buyers; the Tanjung Tokong property guide 2026 has the full read on those.
What actually deserves scrutiny before you offer
The serviced-apartment title class matters more than most buyers realise. Several picks above — Crown Penang, Arica, City of Dreams, The Tamarind, Straits Quay Suites — carry the serviced-apart classification rather than pure residential condo, and that changes utility tariff (may run commercial rates), loan margin, and JMC governance. It's not a deal-breaker, but the running-cost model differs from residential-title stock in ways worth confirming with your conveyancing lawyer before you sign.
Andaman Island Phase 2 is still filling in around Arica. If you're buying it for the "finished E&O precinct" story, understand that the precinct won't be mature until 2028-2030 as later Phase 2 buildings deliver. You're capturing pre-completion amenity uplift, not the already-settled Phase 1 experience.
And "Tanjung Tokong" as a marketing address is broader than the E&O masterplan itself. Skyridge Garden, Marinox and Vantage Desiran Tanjung sit adjacent to but outside the STP precinct — the address reads Tanjung Tokong but the precinct-amenity story doesn't fully carry. Walk the exact unit's actual precinct proximity before offering; the distinction between "inside E&O" and "near E&O" is real.
The next 48 hours if this fits you
Send me your budget ceiling + purpose (wealthy second home / MM2H / rental yield / long-hold capital preservation) + citizenship (foreign vs local so I filter for RM1M-floor eligibility). WhatsApp me here and I'll come back with the current live listings that fit your specific shortlist plus a note on view axis, precinct position, and title-class specifics for each unit worth viewing.
Area context: Tanjung Tokong property guide 2026 is the umbrella read, Gurney Drive best-of is the sibling area, Batu Ferringhi best-of is the beach strip, and Tanjung Tokong vs Gurney Drive is the head-to-head decision. For foreign-buyer costs, see foreign buyer guide; for MM2H sequencing, MM2H 2026 playbook.
Zac’s Take
Zac Ong
Tanjung Tokong's 2026 condo shortlist is 10 buildings — 7 completed subsale + 3 active new-launch. E&O's Andaman @ Quayside and IOI's Fettes Residence are the area's ceiling on rating (4.7). Crown Penang and Arica @ Andaman Island are the healthy new-launch pipeline. My default recommendation for a first-time wealthy foreign buyer is 18 East @ Andaman — from about RM1.09M it clears the foreign floor with margin, 210-unit scale gives real inventory turnover, and the E&O precinct positioning captures the ongoing Andaman Island Phase 2 amenity uplift. If your shortlist forks to landed, STP's villa cluster (Abrezza, Caspian, Martinique, Cayman at RM4.6-7.5M) is the area's landed answer for wealthy buyers.
Sources: Project specifications, tenure, land title, unit counts, and current asking prices checked against developer material and portal listings September 2026. Zac's ratings from individual project pages. Prices change often, so ask for the current figure on the home before you make an offer.