BSG Property
Cantonment Residence
Pulau Tikus, near Penang Turf Club
From
RM 2.60M
RM 1294– PSF · Completion 2030
Tenure
freehold
Title
residential
Total Units
128
Completion
2030
- From
- RM 2.6M
- PSF
- RM 1294
- Tenure
- freehold
- Total units
- 128
- Status
- upcoming
- Completion
- 2030
Zac’s Take
Zac Ong
Cantonment Residence is BSG Property's boutique high-rise on Cantonment Road in Pulau Tikus — a single 34-storey tower of just 128 units, freehold, residential title, with completion around 2030.
Pricing opens from about RM2.6M (roughly RM1,294 psf). The pitch is a scarce Pulau Tikus address at low density, in one of the island's most walkable expat pockets. The trade-off is a long runway: at a ~2030 completion, this is for buyers comfortable holding through a multi-year build.
My honest take: the location and density are the assets here. If you want to lock a Pulau Tikus unit early and can wait out the construction period, it's worth a look. If you need something to move into soon, look at completed stock instead. Ask me for the current price list and payment schedule.
Unit Types
Standard
2009 sqft · 3 bed · 3 bath
RM 2.60M
📲 Register InterestLarge
4540 sqft · 4 bed · 5 bath
RM 5.90M
📲 Register Interest💎 Premium tier — what actually matters
At this price tier, buyers care about a different set of numbers
Most Cantonment Residence 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
Pulau Tikus — area snapshot
Full area guide →Pulau Tikus is a mature, low-rise residential neighbourhood favoured for its quiet streets and proximity to international schools. Low new supply makes completed units here relatively scarce.
Price range
RM 500K – RM 4.1M
asking prices in area
Active projects
0
selling or under construction
Subsale condos
7
completed projects
Total tracked
8
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 260,000 |
| SPA stamp duty | RM 88,000 |
| SPA legal fee | RM 24,050 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 88,000 |
| Loan stamp duty (0.5%) | RM 11,700 |
| Loan agreement legal fee | RM 11,700 |
| Valuation fee | RM 3,500 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 487,950 |
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 Cantonment Residence freehold?
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When will Cantonment Residence be completed?
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How many units does Cantonment Residence have?
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What is the starting price?
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Can foreigners buy at Cantonment Residence?
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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 2.6M
Cantonment Residence