The verdict
4/ 5The Landmark is good value on paper — freehold Tanjung Tokong, verified asking from RM550,000 at around RM644 psf, typical unit near RM900,000, completed 2017.
- Price
- RM550K–RM2.70M
- Tenure
- Freehold
- Completion
- 2017
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.
Part of my Tanjung Tokong 2026 buyer's guide. For the full corridor read — every project, PSF band, foreign-buyer angle and honest catch — start there. This piece drills into one specific decision within it.
Yes, The Landmark is freehold — and no, the RM550,000 entry will not get a foreign buyer through the door. Both halves of that answer matter, because they describe two very different people looking at the same Tanjung Tokong tower.
Katana Development Sdn Bhd completed it in 2017: 290 units, layouts from 800 to 3,010 sqft, tracked entry RM550,000, psf running RM987 to RM1,154. Nine years on, it has the thing a new launch cannot offer — a resale history you can actually read.
Key takeaways:
- Freehold, 290 units, finished 2017 — an established address with real transaction evidence behind it.
- RM550,000 is the door price; RM987–1,154 is the per-foot reality. Do not mix the two when comparing.
- 800 to 3,010 sqft — nearly a fourfold spread, so the unit type decides the quantum.
- Foreign buyers only qualify on the larger, pricier layouts that cross RM1,000,000.
- Not the corridor's cheapest entry — Eight & Eight, City Residence and The Tamarind all undercut it on ticket.
Nine Years of Resale History Is the Selling Point
A building that completed in 2017 has been through its defect period, its first management committee, its first round of owners moving on. That record is why The Landmark trades where it does: buyers pay for the absence of delivery risk and for price discovery already having happened. If you are the kind of buyer who wants to see what units actually changed hands for before committing, an established tower like this is a better fit than a launch brochure.
| Feature | Detail |
|---|---|
| Developer | Katana Development Sdn Bhd |
| Location | Tanjung Tokong |
| Tenure | Freehold |
| Total units | 290 |
| Price from | RM550,000 |
| PSF | RM987–1,154 |
| Size range | 800–3,010 sqft |
| Completed | 2017 |
| Foreign buyer eligible | Only higher-priced units clear the RM1M floor |
What is on the market right now is listed on the Landmark sub-sale page; use it to check the specific floor and size behind any headline number.
800 sqft or 3,010 sqft — the Building Has Both
The size spread is unusually generous for one address. At the small end you have a compact unit an investor can hold; at the large end a family layout that competes with stock three times the entry price. Because psf and total quantum move differently across that range, anchoring to a single "Landmark price" will mislead you. Establish the square footage and the floor first, then ask whether the per-foot figure sits closer to RM987 or RM1,154 for that particular unit.
RM987 to RM1,154 psf Puts It Above the Corridor's Cheaper Freehold
Within Tanjung Tokong's established freehold stock, The Landmark is mid-to-premium on a per-foot basis. Buyers for whom the total ticket is the constraint should line it up against City Residence and The Tamarind, both of which sit lower on entry. For new-build alternatives in the wider corridor, Eight & Eight starts from RM691,000. None of those is automatically better — they are cheaper, which is a different thing — but if quantum is the filter, start there.
The Daily Radius From the Front Gate
Sekolah Kebangsaan Tanjung Tokong is 0.8km away, Uplands International School 2.5km, Tenby International School Penang 3km. Straits Quay is 1.5km; Gleneagles Penang 4.8km and Adventist Hospital 5km. That is a school-and-marina radius rather than a George Town heritage one, and it is the reason the corridor attracts families over weekend visitors. The Tanjung Tokong area guide sets out how the neighbourhood prices against Tanjung Bungah and Gurney.
Foreign Eligibility Starts Well Above the RM550,000 Entry
Penang Island requires a foreign buyer to spend at least RM1,000,000 on strata property, plus a 3% state levy — so at The Landmark only the larger, higher-priced layouts qualify, and an MM2H applicant shortlisting here should filter for those units from the outset. On exit, foreigners face RPGT of 30% in years one to five and 10% from year six; the RPGT calculator will show how much a longer hold changes the net.
Who this fits: buyers wanting an established, premium-tier freehold address with a multi-year track record; buyers who want to choose between compact and large-format within one building; foreign and MM2H buyers deliberately targeting a higher-tier unit to clear RM1M. Who it does not fit: anyone whose budget is anchored to the corridor's lowest entry quantum.
Zac’s Take
Zac Ong
The Landmark is one of Tanjung Tokong's established premium-tier freehold towers — 290 units, completed 2017, with a genuinely wide size range from 800 to 3,010 sqft. My honest read: this sits above several nearby alternatives on PSF, which reflects its position in the corridor. For a buyer comfortable with the premium-tier entry price and wanting an established building with real resale history, this is a solid option — just confirm the specific unit size and floor before anchoring to any single PSF figure.
Average response: under 1 hour, 9am–7pm Mon–Sat.
📲 Get current The Landmark listingsSources: Project prices, PSF, sizes, unit counts, tenure, land title, developer and completion year from our tracked dataset, compiled from developer price lists, official project sites and public listings. Sub-sale asking verified from live portal listings using the median-anchored method, with bait listings and relisted units excluded. RPGT rates and the s.21B retention per the Real Property Gains Tax Act (LHDN). Stamp duty per the Stamp Act (LHDN) — a flat 8% for foreign buyers, tiered 1–4% for citizens. The foreign-buyer minimum purchase price, 3% island / 2% mainland state levy and state consent requirement per Penang state policy and s.433B of the National Land Code. MM2H tiers per MOTAC. Figures move with the market — confirm current details with the developer or your solicitor before committing.