CompletedfreeholdEst. 2019

E&O Property (Penang) Sdn. Bhd.

Ariza Seafront Terraces

Name: Ariza Seafront Terraces
Brand: E&O Property (Penang) Sdn. Bhd.
Availability: Discontinued

Seri Tanjung Pinang, Tanjung Tokong

From

RM 2.70M

RM 650–840 PSF · Completion 2019

Get Brochure + Price List

📲 Price list 📲 Floor plans 📅 Site visit

Tenure

freehold

Title

TBC

Total Units

Completion

2019

From: RM 2.7M
PSF: RM 650–840
Tenure: freehold
Total units: 68
Status: completed
Completion: 2019

Project Tracking

We're tracking Ariza Seafront Terraces — not yet personally reviewed by Zac

This project is in our database from public sources (2 sources) from E&O Property (Penang) Sdn. Bhd.. Full pricing, floor plans, unit availability and Zac's honest take are available on direct request — most developers update pricing weekly and we share the current numbers immediately.

📋 Latest price list & available unit types
🏗️ Current construction stage and photos
💬 Zac's honest assessment for your situation
📞 Direct introduction to the developer if you want to view

📲 Get Ariza Seafront Terraces details on WhatsApp

Facilities

Infinity PoolGymnasiumSky LoungeBBQ TerraceJogging TrackLandscaped Garden24-Hour SecurityCCTVCovered Parking

What's nearby

🏥 Healthcare

Gleneagles Hospital Penang5.0km
Adventist Hospital Penang5.3km

🎓 Schools

Sekolah Kebangsaan Tanjung Tokong1.5km
Uplands International School2.5km
Tenby International School Penang3.0km

🛍 Shopping

Straits Quay600m
Gurney Plaza4.0km
Gurney Paragon4.3km

💎 Premium tier — what actually matters

At this price tier, buyers care about a different set of numbers

Most Ariza Seafront Terraces 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

Run the ROI / exit strategy calc instead →

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 300K – RM 6.7M

asking prices in area

Active projects

selling or under construction

Subsale condos

completed projects

Total tracked

properties in this area

Other projects in Tanjung Tokong

Crown Penang · RM 704K Eight & Eight · RM 622K The Meg 18 East at Andaman · RM 877K Amaris · RM 4.0M Andaman @ Quayside · RM 1.1M City of Dreams · RM 1.2M City Residence · RM 700K +19 more →

Total Cost Breakdown

Every cost you'll pay — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.

Purchase price (RM)

Downpayment (%)

First-time buyerForeign buyer

Downpayment	RM 270,000
SPA stamp duty	RM 92,000
SPA legal fee	RM 24,850
MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer.	RM 92,000
Loan stamp duty (0.5%)	RM 12,150
Loan agreement legal fee	RM 12,150
Valuation fee	RM 3,500
Search, admin, misc	RM 1,000
Gross upfront total	RM 507,650

New launch — typical developer savings

Toggle what the developer is absorbing. Confirm the actual package before signing.

SPA legal fee absorbed

Panel lawyer provided by developer

− RM 24,850

Loan stamp duty absorbed

0.5% on loan amount

− RM 12,150

Loan legal fee absorbed

Loan documentation fees

− RM 12,150

MOT stamp duty absorbed

Rare — confirm with developer

—

Cash rebate3% = RM 81,000

0%5%10%

Total developer savings− RM 130,150

Net upfront (after savings)

Based on typical 2026 new launch package

RM 377,500

Estimates based on 2026 Penang state rules. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →

Frequently asked questions

How much is Ariza Seafront Terraces?

Units at Ariza Seafront Terraces start from RM 2.70M (around RM 650–840 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is Ariza Seafront Terraces freehold or leasehold?

Ariza Seafront Terraces is freehold — you own the land in perpetuity, no expiry date, no renewal fees. Freehold residential title remains genuinely scarce in central Penang Island.

When is the expected completion / VP?

Expected Vacant Possession is 2019, subject to developer execution. Defects liability period typically runs 24 months from VP. New launch buyers should budget for transaction costs at SPA and again at VP (MOT stamp duty).

Can foreigners buy Ariza Seafront Terraces?

Yes — Ariza Seafront Terraces meets the Penang state foreign-buyer minimum (RM1M stratified on Penang Island, RM600K mainland). Foreigners pay a 3% state levy (island) plus state consent fees on top of standard transaction costs. Full walkthrough: see the Penang foreign buyer guide or message Zac directly.

Who is the developer of Ariza Seafront Terraces?

Ariza Seafront Terraces is developed by E&O Property (Penang) Sdn. Bhd.. For Zac's honest read on the developer's track record and what to expect on delivery quality, WhatsApp directly.

Substitutes worth comparing

Open full comparison →

Same area family, same property type, similar price band — what most buyers actually cross-shop.

tanjung tokong

Avalon @ Seri Tanjung Pinang

E&O Property (Penang) Sdn. Bhd.

From RM 3.3M

tanjung tokong

Acacia @ Seri Tanjung Pinang

E&O Property (Penang) Sdn. Bhd.

From RM 3.2M

tanjung tokong

Amaris

E&O Property Development

From RM 4M

From

RM 2.7M

Ariza Seafront Terraces

Chat with Zac now