Persada Mentari Sdn. Bhd. (Eastern & Oriental Berhad)
Arica @ Andaman Island
Andaman Island (Seri Tanjung Pinang Phase 2), Tanjung Tokong
From
RM 800K
RM 845+ PSF · Completion 2027
Sold out at launch (E&O and BERNAMA confirmed 100% take-up by November 2024). RM800,000 is the 2023 launch floor price, not a live asking price — anything available now is resale/sub-sale, and resale asks may sit above or below launch depending on the seller.
Tenure
freehold
Title
Commercial (HDA)
Total Units
380
Completion
2027
- From
- RM 800K
- PSF
- RM 845
- Tenure
- freehold
- Total units
- 380
- Status
- under construction
- Completion
- 2027
Price at a glance
Prices as at September 2026 — Developer launch prices basis. Last checked 2026-09-13. A negotiation floor, not what it trades at today.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 947–1,259 | RM800,000 | RM845 |
Zac’s Take
Zac Ong
Arica is E&O's second launch on Andaman Island — 380 serviced apartments in a 45-storey tower on a two-acre freehold parcel right next to The Meg. It sold out within about a year of launch, so this is no longer a developer-sales story; it's a resale one. Verdict: worth chasing on the sub-sale market if you want STP2 exposure in a larger, family-friendly layout than The Meg offers, but go in knowing you're negotiating with an owner, not a developer price list. The unit sizing tells the story: 947 to 1,259 sqft, only 2- and 3-bedroom layouts, no studios and no 1-bedroom investor stock — this was pitched at own-stay families and MM2H couples, not short-let flippers, and E&O's own disclosure put local buyers at roughly 90% of take-up. Launch pricing from RM800,000 put entry PSF around RM845; resale asks today will move with whatever the current owner and market will bear. The catch: like The Meg, this is a serviced apartment on commercial land title, so commercial utility and assessment tariffs apply and most banks tighten the loan margin — and unlike The Meg, that title class has not been individually confirmed for Arica, only inferred from the matching product structure. Target buyer: MM2H family or Penang upgrader chasing STP2 exposure who missed the 2023 launch. Not for: anyone who assumed they could still book a fresh unit from E&O — they can't.
Arica @ Andaman Island price list 2026
0 of 2 unit types have a published price · completing 2027
| Type | Size (sqft) | Price from | PSF (derived) | Units |
|---|---|---|---|---|
| 2BR2 bedroom | 947–1,050 | On application | — | — |
| 3BR3 bedroom | 1,100–1,259 | On application | — | — |
PSF is derived, not quoted — each row divides that type's price by its own square footage. Developers do not always state whether a published size is built-up or nett, and the two can differ by 20%. Ask for both in writing before you sign.
Developer launch prices, last checked 2026-09-13. Developers reprice between phases — confirm the current list before committing.
No published unit type clears the RM1M foreign-buyer minimum, but 2 types are priced on application — those may qualify. Ask before ruling the project out.
2 unit types are priced on application
Usually the penthouses and duplexes — developers hold those back rather than publish them. I can get you the current figure and the floor plan directly.
📲 Ask for the current price list⚠Serviced apartment on commercial land title, sold under the Housing Development Act — matching the pattern of The Meg on the same Andaman Island parcel. HDA cover means the statutory SPA, defect liability and developer licence apply as with a residential sale. The commercial TITLE changes your running costs: commercial utility and assessment tariffs, and a tighter loan margin at most banks. Confirm the exact title category on the SPA schedule before signing.
Arica @ Andaman Island completion date
Arica @ Andaman Island is expected to complete in 2027. It is under construction now.
Read that as the developer's target, not a guarantee. What matters contractually is the vacant possession date in your SPA — 36 months from the sale and purchase agreement for a strata title under the Housing Development Act, with liquidated damages payable if the developer misses it. A launch year quoted in marketing and the VP date you can enforce are different things, so check the SPA schedule before you plan a move-in or a tenancy.
Building specifications
- Blocks
- 1
- Floors
- 45
- Total units
- 380
Facilities
What's nearby
🏥 Healthcare
- Gleneagles Medical Centre Penang6.0km
- Island Hospital7.0km
🛍 Shopping
- Straits Quay600m
- Gurney Plaza3.0km
- Gurney Paragon Mall3.2km
Monthly Instalment Calculator
Monthly Instalment
RM 3,231
Total Interest
RM 637,150
Total Outlay
RM 1,437,150
Estimates only — not an offer, quotation, or representation of the developer's actual pricing or package. Actual instalments depend on the bank's approved rate, tenure and margin of financing.
📲 Discuss financing options with ZacOther projects in tanjung tokong
All 26 others we track here, cheapest first — 2 of them still selling.
- Skyridge GardenRM370K
- The LandmarkRM550K
- The MegRM600K
- Straits Quay Suites @ WatersideRM638K
- Eight & EightRM691K
- City of DreamsRM700K
- City ResidenceRM700K
- Crown PenangRM704K
- Jazz ResidenceRM750K
- The TamarindRM780K
- Marinox Sky VillasRM800K
- 18 East at AndamanRM1.1M
- Fettes ResidenceRM1.14M
- Vantage Desiran TanjungRM1.18M
- Andaman @ QuaysideRM1.28M
- Ariza Seafront TerracesRM2.7M
- Avalon @ Seri Tanjung PinangRM3.3M
- The PenthouseRM3.46M
- Acacia @ Seri Tanjung PinangRM3.7M
- AmarisRM4M
- Andorra Skyloft TerracesRM4M
- SkyeRM4M
- CaspianRM4.6M
- Cayman Super Semi-DRM6.1M
- MartiniqueRM6.7M
- AbrezzaRM7.5M
Tanjung Tokong — area snapshot
Full area guide →Tanjung Tokong is Penang Island's most active condo market, anchored by Straits Quay and home to a mix of expat and local upgrader demand. Low-density and ultra-luxury projects command significant premiums here.
Price range
RM 370K – RM 7.5M
asking prices in area
Active projects
2
selling or under construction
Subsale condos
24
completed projects
Total tracked
27
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 80,000 |
| SPA stamp duty (tiered 1–4%) | RM 18,000 |
| SPA legal fee | RM 9,250 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 18,000 |
| Loan stamp duty (0.5%) | RM 3,600 |
| Loan agreement legal fee | RM 3,600 |
| Valuation fee | RM 2,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 135,450 |
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 only, based on 2026 Penang state rules — not an offer, quotation, or representation of the developer's actual package. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →
Frequently asked questions
Can I still buy a unit at Arica @ Andaman Island from the developer?
+
How much is Arica @ Andaman Island per square foot in 2026?
+
Who is the developer of Arica @ Andaman Island?
+
Is Arica freehold and residential title?
+
When will Arica @ Andaman Island be completed?
+
How does Arica compare to The Meg and Maris on Andaman Island?
+
Can foreign buyers purchase a resale unit at Arica @ Andaman Island?
+
Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.
From
RM 800K
Arica @ Andaman Island