The verdict
4.6/ 5The Anton is the low-density play in Pulau Tikus — just 51 units, freehold, residential title, completed around 2026.
- Price
- RM3.90M–RM7.85M
- Tenure
- Freehold
- Land title
- Residential
- Completion
- 2026
Zac’s own rating, not user reviews.
Zac’s own rating, not an average of user reviews. It reflects one licensed agent’s assessment of this project against others he tracks in Penang.
This is part of my Pulau Tikus 2026 buyer's guide. Start there for the bigger picture: every building in the area, what homes cost, and what foreign buyers need to know.
Who actually pays RM3,900,000 to RM7,850,000 for an apartment in Pulau Tikus? That is the right first question about The Anton, because the answer tells you whether it is for you before any talk of PSF. Almost always it is a family — often three generations of one — that wants the size and privacy of a landed home, the security and management of a strata building, and a Pulau Tikus address within a few minutes of the island's main private hospitals.
Tamarins Group built The Anton for exactly that buyer: 51 residences in a single 13-storey block on 1.6 acres at Jalan Cantonment/Biggs in Pulau Tikus, freehold with residential land title, completed and inspectable, at RM1,241–1,408 per square foot. This is the ceiling of the Pulau Tikus market, and it defines what "ultra-luxury villa in the sky" actually means in Penang.
The essentials in one paragraph: 51 residences in a single 13-storey tower on 1.6 acres — a density most Pulau Tikus sites would fit several hundred units into. Layouts run 2,698-5,470 sqft across 3+2 to 4+4 bedroom formats, with no compact stack anywhere in the building. Current asking sits at RM3.9M-7.85M at RM1,241-1,408 psf — the ceiling of the Pulau Tikus market. Freehold on residential title, completed and inspectable, every unit clears the RM1M foreign floor by 4-8x. Walking distance to Gleneagles, Loh Guan Lye and Island Hospital is the value offer — not an add-on.
Because the 3+2 at ~2,700 sqft and the 4+4 at ~5,400 sqft are different products (different buyers, different rooms, different price bands), the conversation worth having is which layout your family actually needs before we look at anything — WhatsApp me with your family composition.
The Anton Pulau Tikus at a glance
| Feature | Detail |
|---|---|
| Location | Jalan Cantonment / Biggs, Pulau Tikus, Penang Island |
| Developer | Tamarins Group |
| Status | Completed (subsale market) |
| Tenure | Freehold |
| Land title | Residential |
| Structure | Single 13-storey tower on 1.6 acres |
| Total units | 51 |
| Unit sizes | 2,698 – 5,470 sqft |
| Configurations | 3+2 to 4+4 bedrooms |
| Subsale asking (2026) | RM3,900,000 – RM7,850,000 |
| PSF | RM1,241 – RM1,408 |
| Foreign-buyer eligible | Yes — every unit clears RM1M island floor by 4-8x |
| Nearest hospitals | Gleneagles Penang, Loh Guan Lye, Island Hospital — all walking distance |
| Zac's rating | 4.6/5 |
The Family That Needs 4+4 Bedrooms — who The Anton is really built for
Start with the layouts, because they define the buyer.
A 3+2 configuration at 2,698 sqft already gives a couple, their children and a live-in helper their own separate zones. This is more space than most Penang bungalows offer inside a lockable, managed building.
At 4+4 and 5,470 sqft, you are housing grandparents, adult children and full-time staff under one roof with real separation between them — master suite wing for the primary residents, guest wing for visiting adult children, helper accommodation quarters, dedicated study, prayer/family room, formal + informal living rooms.
Most Penang towers bolt a couple of large units onto a stack of compact ones. The Anton is different — the whole building is large-format. There is no 1-bedroom investor stack, no 850 sqft compact tier bringing down the buyer profile. Every one of the 51 units in the building is a genuine family-scale home. This is why "villa in the sky" is a fair description of the product rather than marketing hyperbole.
In practice The Anton competes with bungalows and semi-detached homes in its buyers' minds, not with other condos. For a family that wants:
- Lift access (no stairs at 75+)
- Managed pool + gym without land upkeep
- 24-hour guardhouse security without maintaining your own
- No garden to mow, no roof to repair
- Consolidated address (grandparents + parents + adult kids in one location)
The Anton apartment can win the contest against a Pulau Tikus bungalow at similar money.
The 51-unit low-density scarcity math
Fifty-one units across thirteen storeys on a 1.6-acre plot is a lot of ground and common area for each household. Practical implications:
- Lifts are rarely shared — waiting time approaches zero
- The pool is rarely busy — even peak weekends
- The JMC (joint management committee) answers to a small body of owners who each care about maintenance quality
- Common-area finishes hold up because 51 households produce less wear than 500
The trade-off is real too: the service charge is spread across few units, so the per-unit cost of running a premium common area is higher than in a 300-unit tower. Expect maintenance fees at the top of the Penang range — this is boutique-tier ownership economics, not mass-market.
The 51-unit count also creates structural supply-side resale defence. When you eventually sell, you are almost certainly the only Anton unit on the market — no competing sellers within your building. Over 10-20 year holds this compounds into meaningful pricing power on exit.
Paying for the Ceiling — the honest capital-preservation case
At RM1,241–1,408 psf, The Anton is the figure every other Pulau Tikus project gets measured against at the top end. You are buying at the reference price, not below it.
- No early-entry discount — the building is completed and stabilized
- No off-plan uplift potential — this is not a pre-VP purchase
- No yield case — rents on 5,000 sqft units do not scale linearly with the price, so gross yield sits in the 2-3% range
What you are paying the premium for:
- Scarcity (51 units, rarely traded — sometimes months between listings)
- Address (Pulau Tikus + Jalan Cantonment, the medical-anchor postcode)
- Product (finished, inspectable, no construction risk, occupy immediately)
- Family utility (large multi-generational floor plates you cannot replicate elsewhere)
This is a capital-preservation case, and a strong one for the right buyer. It is not a growth case, and I would not dress it up as one. The buyers who match this profile — wealthy families, MM2H Gold couples, downsizers from landed — are willing to pay the ceiling to get what The Anton uniquely offers.
Between the Hospitals and Gurney Drive — the area context
Pulau Tikus is Penang Island's quietly premium pocket between George Town's heritage core and the Gurney Drive high-rise strip. Its defining feature for this buyer profile is healthcare density:
- Gleneagles Penang (IHH Healthcare group tertiary care) — 5-10 min walk
- Loh Guan Lye Specialists Centre (Penang's oldest private hospital, established 1975) — 5-10 min walk
- Island Hospital (Georgetown edge, wide specialist range) — 10-15 min drive
- Mount Miriam Cancer Hospital — 15 min drive
- Penang Adventist Hospital — 10 min drive
For a household with ageing parents or grandparents, that concentration is often the reason the search starts in Pulau Tikus. Add walking access to Gurney Drive (5 min drive to Gurney Plaza + Gurney Paragon), heritage food density (Nan Guang Kopitiam, Sri Weld, Awesome Canteen), and the wet-market culture of Pulau Tikus Market, and you have a neighbourhood that trades on urban convenience + medical density rather than sea views.
Full area context: Pulau Tikus property guide 2026. The healthcare-first case is developed in detail in the Penang healthcare for retirees playbook — written for Taiwan audience but the framework applies equally to HK/SG/local buyers.
The Anton vs Cantonment Residence vs Codrington Residence
The top-tier Pulau Tikus buyer usually ends up weighing these three options:
| Project | Price from | Sizes | Status | VP | Best-fit |
|---|---|---|---|---|---|
| The Anton | RM3.9M | 2,698-5,470 sqft | Completed | Immediate | wealthy multi-gen family, needs space now |
| Cantonment Residence | RM2.6M | (varies) | Under construction | ~2030 | wealthy couple with budget + patience |
| Codrington Residence | RM1.4M | (varies) | Completed | Immediate | Accessible tier same area |
The Anton wins when:
- Family needs immediate move-in (no 4-year construction wait)
- Budget clears RM3.9M without stretch
- Multi-generational household requires villa-scale floor plates (2,700-5,500 sqft)
- Wanting completed inspection before commitment (not off-plan risk)
Cantonment Residence wins when:
- Family has time to wait 4-5 years for VP
- Budget tops at RM2.6-3.5M
- Wanting newer-build stock than 5-6 year old Anton
- Betting on price appreciation between launch and VP
Codrington Residence wins when:
- Budget ceiling is around RM1.4-2M
- Family scale is normal-large (not villa-scale)
- Still want the same Pulau Tikus area + medical anchor
- Immediate move-in required at more accessible tier
Neither Anton nor Cantonment is objectively "better" — they serve different clocks. If the household needs the space this year, only The Anton can deliver it.
Foreign-buyer costs for The Anton
Every unit at The Anton is far above Penang Island's RM1,000,000 foreign-buyer minimum — eligibility is never in doubt. What matters is the full cost breakdown:
Worked example — foreign buyer at RM3.9M entry unit:
| Line item | Amount |
|---|---|
| Purchase price | RM3,900,000 |
| Stamp duty (flat 8% from 1 Jan 2026) | RM312,000 |
| Penang state levy (3% island) | RM117,000 |
| Legal fees + disbursements (~1%) | ~RM40,000 |
| Loan agreement stamp duty (0.5% × 70% LTV) | ~RM13,650 |
| Valuation + misc | ~RM4,000 |
| Transaction costs subtotal | ~RM486,650 |
| Plus 30% downpayment (foreign LTV 70%) | RM1,170,000 |
| Total cash to close | ~RM1,656,650 |
State consent (COSA) takes 3-4 months from application; your 10% deposit + stamp duty + state levy are all committed before consent arrives. Plan remittance timeline accordingly.
Full cost breakdown detail: hidden costs of buying Penang property.
For MM2H Gold applicants, The Anton naturally aligns to the property requirement (RM1M minimum) with substantial margin — RM3.9M+ covers 4x the Gold-tier property threshold, with the US$500,000 FD sitting as pure MYR liquidity anchor. Full pathway: MM2H 2026 property buying playbook.
RPGT — the exit tax that shapes your entry decision
For foreign buyers, RPGT rates are the defining consideration for hold horizon:
| Holding period | Foreigner RPGT rate |
|---|---|
| Years 1-5 | 30% of gain |
| Year 6 onwards | 10% of gain |
At The Anton's price (RM3.9-7.85M), a 5% price gain on exit = RM195K-393K in absolute terms. A 30% RPGT on that gain is RM58K-117K. A 10% RPGT on the same gain is RM20K-39K. The Year-5-vs-Year-6 gap = RM38K-78K — a real number that changes when you decide to sell.
Practical rule for foreign Anton buyers: plan to hold past the 5th anniversary. If your family situation might require an earlier exit, The Anton's tax profile alone may make it the wrong purchase. Model your specific scenario in the RPGT calculator before committing.
Additionally, a 7% retention on the sale price is held by the buyer's lawyer at completion pending final RPGT assessment. On a RM5M sale that's RM350K held back until the assessment clears — factor into cash-flow planning for exit.
Who The Anton fits — buyer profile match
The Anton is not a mass-market product and it doesn't try to be. The buyers who commit here almost all fall into one of a small number of profiles. The wealthy multi-generational Malaysian family, typically parents in their fifties or sixties with adult children and grandchildren, looking to consolidate three households into one Pulau Tikus address. The downsizer from a Pulau Tikus or Tanjung Tokong bungalow who wants managed security, lift access and no more gardener without giving up landed-scale interior space. The MM2H Gold applicant who reads the RM3.9M+ ticket as a clean way to satisfy the RM1M property leg with substantial margin. The Hong Kong, Singapore or Taiwan second-home buyer who values lasting scarcity — 51 units, no supply pipeline behind them — and the brand-adjacent Pulau Tikus address more than absolute PSF. And the foreign buyer with a genuine 10–20 year horizon, because 30% RPGT drops to 10% at year six and to zero at year six for permanent residents — the tax structure rewards patience.
Where I steer buyers away: yield-first investors — gross runs 2–3% at this tier while Codrington does 4–5% and Bayan Lepas 4.5–6%. Short-hold flippers get punished by 30% RPGT through year five on a RM3.9M+ price. Buyers under RM3.9M budget should not stretch for The Anton — Codrington Residence from RM1.4M and Cantonment Residence from RM2.6M are the honest answers on the same area. Digital nomads and single professionals will find 2,700+ sqft oversized for how they actually live. And if new-build with developer warranty matters to you, The Anton is already completed — the defect-liability window closed years ago.
The catch — three things I'd want you to know
1. Boutique-tier maintenance fees are higher per unit. 51 units sharing premium common-area costs = higher monthly per-unit fees than a 300-unit tower. Factor this into your monthly ownership cost, not just the purchase price. Expect maintenance in the higher end of the Penang range.
2. Resale liquidity is thin by design. 51 units means listings are infrequent. When you buy, you may wait 3-12 months for the layout you want. When you sell, your marketing window is longer than a mass-market condo — but pricing power is stronger, so patience compensates. Not a fit if you need defined-timeline entry or exit.
3. This is not a growth story. The Anton is already at the Pulau Tikus reference PSF. Meaningful capital appreciation from here requires the whole Pulau Tikus tier to move up, not The Anton outperforming. Buy for family utility + capital preservation, not for expected appreciation.
The Anton is landed living with a lift
The single most useful frame I have for buyers deciding on The Anton is this: it is landed-scale living with a lift, managed security, and a clean strata title in one of the two Penang neighbourhoods where landed still trades at RM10M+ for a comparable footprint. If that sentence describes what you are actually trying to buy, The Anton is the answer — 51 large-format units, freehold on residential title, walking distance to Gleneagles, Loh Guan Lye and Island Hospital, completed and inspectable today. If the sentence doesn't describe what you're trying to buy, the ticket is doing something wrong.
For families running the Pulau Tikus decision on a different clock or budget: Cantonment Residence is the upcoming alternative at a lower ticket with a multi-year construction wait attached, and Codrington Residence is the accessible-tier version of the same area from RM1.4M. Neither is worse than The Anton — they are three different answers to three different questions.
Zac’s Take
Zac Ong
The Anton sits at the top of the Pulau Tikus market — a genuine premium freehold boutique residence, 51 units, positioned as a villa-in-the-sky for multi-generational families. My view: at this price point the buyer is typically an owner-occupier or a long-term lifestyle hold investor, not a yield buyer. It suits buyers who want a flagship address with all the area's infrastructure on the doorstep, and who are comfortable paying the ceiling for large, low-density floor plans in a completed building they can inspect before signing. Specific units move quickly when they surface — tell me the layout (3+2 or 4+4) you need before one does.
What it rents for
Asking rents at The Anton in the listings I tracked in September–October 2026 ran from about RM12,000 to RM16,000 a month for homes of about 2,700 sq ft. Furnishing, floor and view move the number a lot, so treat this as a range to test against the specific unit, not a promise.
What a viewing at The Anton looks like
Because turnover is thin (51 units, low churn), the sensible move is to tell me your layout — 3+2 at ~2,700 sqft or 4+4 at ~5,400 sqft — your preferred floor range, and how you're thinking about the hold horizon before we book anything. WhatsApp me here and I'll come back with current live listings plus, where relevant, off-market moves the neighbourhood knows about but the portals don't. Specific-unit selection matters more here than in most projects: the difference between a well-positioned 4+4 and a compromised one is a real thing you feel when you walk through, not something a floorplan reveals.
Area context if you're still deciding between projects: the Pulau Tikus property guide 2026 is the umbrella read, Cantonment Residence is the upcoming lower-ticket alternative, Codrington Residence is the accessible Pulau Tikus tier from RM1.4M, and Moulmein Rise is the mid-premium neighbour. For the tax and cost breakdown, the foreign buyer guide has RM1M floor + 8% stamp duty + state levy of 1.5–3% laid out, the MM2H 2026 playbook covers the residency-plus-property sequencing, and the RPGT calculator is worth ten minutes before you commit — model an exit at year 3, year 6, year 10 to see how the tax profile changes the actual net.
Sources: The Anton project spec, tenure, land title, developer, sizes, PSF and pricing checked against current 2026 subsale asking pack. Resale asking prices checked against live portal listings with bait listings excluded. RPGT rates, stamp duty and state levy per current Malaysian federal + Penang state regulations. Prices change often, so ask for the current figure on the home before you make an offer. Asking rents from listings I track (September–October 2026).
