penangproperty
Selling NowfreeholdEst. 2029

Kobay Development Sdn. Bhd.

Blossom Suites

Jalan Tanjung Bungah

From

RM 733K

RM 1180 PSF · Completion 2029

Tenure

freehold

Title

TBC

Total Units

412

Completion

2029

From
RM 733K
PSF
RM 1180
Tenure
freehold
Total units
412
Status
selling
Completion
2029
Z

Zac’s Take

Zac Ong

Blossom Suites is a 412-unit serviced apartment in Tanjung Bungah from RM750,000. Serviced apartment (commercial title) in this northern beach corridor — buyers should note the commercial utility tariff and typical restrictions on short-term rental without STR management. That said, Tanjung Bungah is strong for Airbnb/serviced apartment rental demand given its proximity to Batu Ferringhi and the international school cluster. At RM750K it sits below Waterstone's RM1.1M condo price but carries the commercial title disadvantage. Good for investors who plan to monetise through serviced apartment operators or short-term rental. Check furnishing scheme options — many serviced apartments in this tier come with optional furniture packages.

Blossom Suites unit types

TypeConfigSize (sqft)UnitsCar parks
1BR1BR506–636
2BR2BR800–1,000
3BR3BR1,184–1,506
3BR Duplex3BR Duplex1,800–2,852
Total

Building specifications

Blocks
2
Floors
42
Total units
412

Facilities

Swimming PoolGymnasiumChildren's PlaygroundBBQ AreaMultipurpose HallJogging Track24-Hour SecurityMulti-storey Car Park

What's nearby

🏥 Healthcare

  • Gleneagles Hospital Penang5.0km

🎓 Schools

  • Dalat International School1.0km
  • POWIIS Tanjung Bungah1.5km
  • Tenby Schools Penang2.0km

🛍 Shopping

  • Gurney Plaza4.0km

Monthly Instalment Calculator

Monthly Instalment

RM 2,961

Total Interest

RM 583,788

Total Outlay

RM 1,316,788

📲 Discuss financing options with Zac

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 488KRM 4.7M

asking prices in area

Active projects

1

selling or under construction

Subsale condos

15

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.

DownpaymentRM 73,300
SPA stamp dutyRM 15,990
SPA legal feeRM 8,580
MOT stamp duty (at VP)

Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer.

RM 15,990
Loan stamp duty (0.5%)RM 3,299
Loan agreement legal feeRM 3,299
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 123,457

New launch — typical developer savings

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

Cash rebate3% = RM 21,990
0%5%10%
Total developer savingsRM 37,167

Net upfront (after savings)

Based on typical 2026 new launch package

RM 86,290

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

Frequently asked questions

What title type is Blossom Suites?

+
Commercial land title (serviced apartment). Commercial utility tariffs apply.

Is Blossom Suites good for rental investment?

+
Yes — Tanjung Bungah has strong expat and tourist rental demand. Check for serviced apartment management operators to maximise returns.

What is the price for Blossom Suites?

+
From RM750,000. Contact me for current availability.

Substitutes worth comparing

Open full comparison →

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

From

RM 733K

Blossom Suites

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