E&O Property (Penang) Sdn. Bhd.
Caspian
Seri Tanjung Pinang, Tanjung Tokong
From
RM 4.60M
Tenure
freehold
Title
residential
Total Units
TBC
Completion
2015
- From
- RM 4.6M
- PSF
- —
- Tenure
- freehold
- Total units
- —
- Status
- completed
- Completion
- 2015
Project Tracking
We're tracking Caspian — 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
Facilities
What's nearby
🎓 Schools
- Sekolah Kebangsaan Tanjung Tokong1.5km
- Uplands International School2.5km
- Tenby International School Penang3.0km
💎 Premium tier — what actually matters
At this price tier, buyers care about a different set of numbers
Most Caspian 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 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
2
selling or under construction
Subsale condos
24
completed projects
Total tracked
28
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 460,000 |
| SPA stamp duty | RM 168,000 |
| SPA legal fee | RM 38,450 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 168,000 |
| Loan stamp duty (0.5%) | RM 20,700 |
| Loan agreement legal fee | RM 20,700 |
| Valuation fee | RM 3,500 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 880,350 |
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
How much is Caspian?
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Is Caspian freehold or leasehold?
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When is the expected completion / VP?
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Can foreigners buy Caspian?
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Who is the developer of Caspian?
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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 4.6M
Caspian