The verdict
3.9/ 5The Tamarind is E&O's freehold project in Tanjung Tokong, completed in 2019, and its size cuts both ways.
- Price
- RM780K–RM1.30M
- Tenure
- Freehold
- Completion
- 2019
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.
The Tamarind is the accessible entry into E&O's Seri Tanjung Pinang precinct. Not the flagship, not the boutique, not the branded — just the largest-volume freehold product on the reclamation, which is precisely what makes it useful to a specific buyer. 1,104 units completed 2019, asking RM780K to RM1.45M, layouts 1,047-1,372 sqft. If Andaman @ Quayside is the premium tower that sells the precinct and Ariza is the landed entry, Tamarind is where working couples, small families and MM2H applicants with tighter budgets actually get inside the address at meaningful scale.
The essentials: 1,104 freehold serviced-apartment units in a single E&O development at Seri Tanjung Pinang, completed 2019. Layouts run 1,047-1,372 sqft on 3-bedroom configurations, current asking RM780K-1.45M at RM745-1,098 psf. Serviced-apartment classification (worth understanding — see below). Foreign buyers eligible on the RM1M+ specific units; smaller entry stock is Malaysian and PR only.
Because 1,104 units means genuine listing depth (there are usually 20-30 active listings at any point), the sensible move is to filter before viewing — WhatsApp me with your budget and whether you need to clear the RM1M foreign floor.
The Tamarind at a glance
| Feature | Detail |
|---|---|
| Developer | E&O Property Development |
| Tenure | Freehold |
| Land title (property class) | Serviced apartment |
| Location | Jalan Seri Tanjung Pinang 1, Tanjung Tokong |
| Total units | 1,104 |
| Unit sizes | 1,047 – 1,372 sqft |
| Bedrooms | 3 |
| Completion | 2019 |
| Current asking | RM780K – RM1.45M |
| PSF | RM745 – 1,098 |
| Foreign-buyer eligible | Yes at RM1M+; below is Malaysian/PR only |
| Zac's rating | 3.9/5 |
Why the serviced-apartment classification actually matters
Most buyers hear "condo or serviced apartment" and treat it as marketing wording. It isn't. Serviced-apartment classification, which Tamarind carries, has three real consequences for owners:
Commercial-rate utility tariffs. TNB electricity rates for serviced apartments are typically 30-50% higher per kWh than residential rates. Water and telecoms follow similar commercial-rate patterns. On a family unit running air-con through the day, this compounds to real money over a 10-year hold.
Different JMC governance. Serviced-apartment blocks often have management corporations that operate on a slightly different framework than pure residential condos — sometimes with an on-site management company running services alongside the JMC. Not automatically worse; just different, and the fee structure varies.
Bank loan margin. Malaysian lenders sometimes cap loan-to-value at 80-85% on serviced apartments where they'd go 85-90% on residential condos. On a foreign buyer this is often 70% in both cases, but for Malaysian citizens the delta can affect cash-to-close.
None of this makes Tamarind a bad buy. It makes it a specific-buyer product — someone who understands the commercial-rate running-cost profile and is buying anyway because the entry ticket, the precinct integration, and the freehold status compensate for it. Verify with your conveyancing lawyer before signing.
Where the RM745-1,098 psf spread comes from
Density is a feature at Tamarind's price band and a cost on daily experience. 1,104 units means the compact stacks (1,047 sqft) trade at the higher psf and the larger units (1,372 sqft) trade at the lower — normal for towers this size. On absolute price, an RM780K entry unit is Malaysian-only; a RM1.2M mid-band unit is foreign-eligible; the RM1.45M ceiling reflects the highest-floor / best-orientation specific units.
The area context: Tamarind's per-square-foot band sits below Andaman @ Quayside (RM1,086-1,955 psf), roughly matches The Meg (similar E&O serviced-apart), and sits above Skyridge Garden (freehold, from about RM720K). If you want the E&O precinct at the most accessible freehold ticket, Tamarind is the direct answer.
Who this actually fits
Three profiles I see most often at Tamarind viewings. First, working couples and small families for whom the RM800K-1M ticket is workable and who value the freehold-inside-E&O-precinct status. Second, Malaysian first-property buyers who want a proven E&O completed development rather than an under-construction alternative. Third, MM2H applicants at the lower end of the property leg — a RM1M+ specific unit at Tamarind satisfies the property requirement at meaningful headroom below Andaman @ Quayside's entry.
Who it doesn't fit: buyers looking for boutique low-density (Fettes at 195 units or 18 East at 210 fit that brief better), buyers who need family-scale space (Tamarind caps at 1,372 sqft; Andaman goes to about 4,800 sqft), or yield-first investors (yields run 3-4% gross — cheaper south-island or mainland stock does roughly 4–5%).
Before you commit
Density is real. 1,104 units means lift wait is a factor, pool deck feels busy, common areas carry weekend crowd. If you value quiet building character, Tamarind is the wrong pick in the right precinct — Fettes Residence or 18 East @ Andaman fits that better.
RM1M threshold cuts. Foreign buyers should filter to the RM1M+ layouts before viewing — there's no point falling for a specific unit that's not eligible. Malaysian buyers get the run of everything but should still filter by floor and orientation before committing to a lower-floor unit.
Serviced-apartment running-cost profile compounds. Utility rates over 10-15 years amount to real money. Not a reason to walk away, but a reason to model the actual ownership cost rather than the sticker.
Zac’s Take
Zac Ong
The Tamarind is E&O's high-volume freehold serviced apartment inside Seri Tanjung Pinang — 1,104 units completed 2019, RM780K-1.45M asking. My view: this is the area's accessible entry into the E&O precinct, and for a working couple, small family or Malaysian first-property buyer who wants proven E&O completed stock at a real ticket, it's a rational buy. The serviced-apartment classification matters — commercial utility rates compound over hold — so buy with eyes open on the running-cost model. Best fit for buyers who want inside Seri Tanjung Pinang at the most accessible freehold ticket; not the fit for boutique low-density preferences or family-scale interior needs.
What it rents for
Asking rents at The Tamarind in the listings I tracked in September–October 2026 ran from about RM2,200 to RM3,100 a month for 1,047 sq ft three-bedroom homes, with some furnished units listed higher. Furnishing, floor and view move the number a lot, so treat this as a range to test against the specific unit, not a promise.
Current details and listings are on the The Tamarind project page.
Next steps
Because 1,104 units means real active inventory, I can typically put 3-5 current options in front of a serious buyer the same day. Send me on WhatsApp your budget, whether you need to clear the RM1M foreign floor, and floor preference — I'll filter before we book any viewings.
Area context: Best condos in Tanjung Tokong 2026 for the wider shortlist, Andaman @ Quayside review if you're stretching to the flagship, City of Dreams review and Straits Quay Suites review if you're comparing across accessible-tier E&O and Ewein products. For foreign-buyer costs, see the foreign buyer guide.
Sources: The Tamarind project spec, tenure, unit count, layouts and current subsale asking checked against E&O Property Development materials and portal listings September 2026. 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).