Horizon Tower Review 2026 — 2,300 Sq Ft on the Tanjung Bungah Seafront, Two Homes a Floor

This is part of my Tanjung Bungah 2026 buyer's guide.

Here's a combination the new seafront towers don't offer: about 2,300 sq ft, four bedrooms, the Tanjung Bungah waterfront and only one neighbour on your floor, for about RM1.1M–1.6M. Horizon Tower does it by being old. It was completed in 1988, with 56 homes in two 14-storey blocks, and the whole review comes down to whether that discount is worth the age.

Key takeaways:

• 56 freehold seafront homes (52 standard, 4 penthouses), two 14-storey blocks, two homes per floor, completed 1988.
• Four-bedroom homes of about 2,300 sq ft asking about RM1.1M–1.6M, roughly RM480–660 per sq ft.
• Every unit clears the RM1M foreign minimum.
• Budget to renovate, and read the sinking fund before the price.

What you get

Two homes per floor and four lifts across two blocks mean you share your landing with one household. Standard homes are about 2,300 sq ft with four bedrooms and three bathrooms, and there are four penthouses. It's freehold on residential title, on the Tanjung Bungah coast road.

What a 1988 date discounts

Three things, and they're worth separating. Finishes: expect to renovate, and at 2,300 sq ft that's a real budget, not a refresh. Systems: lifts, plumbing and façade on a building nearly 40 years old live on the management's maintenance record. Newness: there's no new-build shine to pay for.

What the date doesn't discount: freehold land, the sea in front, and a density the area no longer builds.

Space per ringgit

At roughly RM480–660 per sq ft, Horizon Tower is among the cheaper ways to own a big seafront home on the island. Grand Ocean along the same coast asks a similar rate for much smaller three-bedrooms. The Cove offers homes of about 5,800–6,000 sq ft at around RM450–830 per sq ft, but from about RM2.7M. For a buyer who'd rather spend a few hundred thousand making a big seafront home their own, Horizon Tower is the efficient answer.

The diligence that replaces the price check

On a building this age, read three documents before negotiating: the management accounts, the sinking-fund balance and any notice of major works. A low price on a building facing a lift or façade levy isn't low. A well-run 1988 block with a healthy fund is one of the better-kept secrets on the coast.

Prices and rents in 2026

Asking prices ran from about RM1.1M to RM1.6M. Rents in the listings I tracked ran about RM3,200–5,000 a month for 2,300 sq ft homes. On RM1.3M at RM4,000, that's about 3.7% gross before costs, decent for a home this size but not a reason to buy on its own.

Who it's for

A family or long-hold buyer who wants a large freehold sea-facing home on a quiet stretch, and has the appetite to renovate. A foreign buyer who wants Tanjung Bungah frontage, since every unit qualifies. Not for anyone who wants to move in as is. If a hillside suits you better, Pearl View up the slope is cheaper, with smaller homes.

Current details and listings are on the Horizon Tower project page.

Sources: Blocks, storeys, unit mix, lifts and layouts from StarProperty and portal building pages; completion and asking prices from portal listings in 2026; asking rents from listings I track (September–October 2026). The Cove's figures from our project records.