Lone Pine Group
1 Tanjong
Tanjung Bungah
From
RM 3.60M
RM 847–1049 PSF · Completion 2015
Tenure
freehold
Title
TBC
Total Units
147
Completion
2015
- From
- RM 3.6M
- PSF
- RM 847–1049
- Tenure
- freehold
- Total units
- 147
- Status
- completed
- Completion
- 2015
Zac’s Take
Zac Ong
1 Tanjong is Lone Pine Group's twin-tower luxury development in Tanjung Bungah — two 41-storey towers, 147 units, freehold, completed in 2015. It sits among the higher-priced stock on this beachfront stretch, with total asking from around RM3.6M.
Subsale psf runs roughly RM847–1,049. What you get is large, high-floor layouts with sea and coastline views, in a low-density building on a quieter part of the island than Gurney.
My honest take: this is a lifestyle-led luxury hold — spacious units, strong views, a settled building. It's own-stay-first; the buyer pool at this price point in Tanjung Bungah is specific, so resale rewards patience and the right unit. Ask me which stack has the cleanest unobstructed sea line.
Facilities
What's nearby
🏥 Healthcare
- Gleneagles Hospital Penang6.0km
- Penang Adventist Hospital7.0km
- Penang General Hospital8.0km
🎓 Schools
- SK Tanjung Bungah1.5km
- SMK Tanjung Bungah2.0km
- Uplands International School4.0km
- Tenby International School Penang5.0km
🛍 Shopping
- Tesco Extra Tanjung Bungah1.5km
- Straits Quay4.0km
- Gurney Plaza5.0km
- Gurney Paragon5.5km
💎 Premium tier — what actually matters
At this price tier, buyers care about a different set of numbers
Most 1 Tanjong buyers pay cash or use private banking — so monthly instalments aren't the metric. The questions Zac gets asked are:
- · Resale liquidity — how long to find a buyer in 5 years
- · Capital appreciation — what the area has done over 3, 5, 10 years
- · Carrying cost — maintenance + tax + utilities, not loan
- · Estate planning — title structure, inheritance handling
- · Foreign buyer levy & consent — true total cost basis
- · Lawyer / private banker network — who handles transactions well
Tanjung Bungah — area snapshot
Full area guide →Tanjung Bungah offers seafront living with relatively more space than Gurney Drive. It attracts buyers who want proximity to the beach corridor without being in the dense city fringe.
Price range
RM 488K – RM 4.7M
asking prices in area
Active projects
2
selling or under construction
Subsale condos
14
completed projects
Total tracked
18
properties in this area
Total Cost Breakdown
Every cost you'll pay — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.
| Downpayment | RM 360,000 |
| SPA stamp duty | RM 128,000 |
| SPA legal fee | RM 31,450 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 128,000 |
| Loan stamp duty (0.5%) | RM 16,200 |
| Loan agreement legal fee | RM 16,200 |
| Valuation fee | RM 3,500 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 684,350 |
New launch — typical developer savings
Toggle what the developer is absorbing. Confirm the actual package before signing.
Net upfront (after savings)
Based on typical 2026 new launch package
Estimates based on 2026 Penang state rules. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →
Frequently asked questions
Is 1 Tanjong freehold?
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What are subsale prices at 1 Tanjong?
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How many units does 1 Tanjong have?
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What kind of buyer suits 1 Tanjong?
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Can foreigners buy at 1 Tanjong?
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Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.
From
RM 3.6M
1 Tanjong