penangproperty
Eight & Eight — condominium, Tanjung Tokong, Penang Island
Selling NowleaseholdresidentialEst. 2029

UDA Land (North) Sdn. Bhd.

Eight & Eight

Tanjung Tokong, Penang Island

From

RM 691K

RM 700–950 PSF · Completion 2029

Tenure

leasehold

Title

residential

Total Units

600

Completion

2029

From
RM 691K
PSF
RM 700–950
Tenure
leasehold
Total units
600
Status
selling
Completion
2029

Price at a glance

Prices as at September 2026Developer prices basis. Last checked 2026-07-29. The project has not completed — no resale market yet.

Unit typeSize (sqft)Price fromPSF from
All units885–1,140RM691,000RM700
Z

Zac’s Take

Zac Ong

Eight & Eight stands out in Tanjung Tokong for one reason: the dual-key and triple-key configurations. For investors targeting short-term rental, this is a genuine Airbnb-optimised layout in a premium location. The 600-unit count across two towers is on the higher side for Tanjung Tokong — manage your exit liquidity expectations. Leasehold, but the location compensates well. Good entry price for this corridor.

Unit Types

Single Key

885 sqft · bed · bath

Dual Key

1020 sqft · bed · bath

Triple Key

1140 sqft · bed · bath

Eight & Eight price list 2026

0 of 3 unit types have a published price · completing 2029

TypeSize (sqft)Price fromPSF (derived)Units
A2-bedroom885On application
B2+1 bedroom (dual-key)1,013On application
C3-bedroom (triple-key)1,140On 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 price — the project has not completed, so there is no resale market to compare against, last checked 2026-07-29. Developers reprice between phases — confirm the current list before committing.

No published unit type clears the RM1M foreign-buyer minimum, but 3 types are priced on application — those may qualify. Ask before ruling the project out.

3 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

Eight & Eight completion date

Eight & Eight is expected to complete in 2029.

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.

Facilities

Swimming PoolGymnasiumLifestyle Deck24-Hour SecurityAccess CardCCTV8-Level Car Park PodiumDual-Key & Triple-Key Units

What's nearby

🏥 Healthcare

  • Island Hospital3.5km
  • Mount Miriam Cancer Hospital2.0km
  • Penang Adventist Hospital3.5km

🎓 Schools

  • Uplands International School2.5km
  • SK Tanjung Tokong1.0km
  • SJK(C) Hun Bin2.5km
  • SMK Convent Pulau Tikus3.5km

🛍 Shopping

  • Straits Quay1.0km
  • Gurney Plaza2.5km
  • Island Plaza2.5km

Monthly Instalment Calculator

Monthly Instalment

RM 2,791

Total Interest

RM 550,338

Total Outlay

RM 1,241,338

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 Zac

Other projects in tanjung tokong

All 26 others we track here, cheapest first — 2 of them still selling.

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 370KRM 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.

DownpaymentRM 69,100
SPA stamp duty (tiered 1–4%)RM 14,730
SPA legal feeRM 8,160
MOT stamp duty (at VP)

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

RM 14,730
Loan stamp duty (0.5%)RM 3,110
Loan agreement legal feeRM 3,110
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 115,939

New launch — typical developer savings

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

Cash rebate3% = RM 20,730
0%5%10%
Total developer savingsRM 35,109

Net upfront (after savings)

Based on typical 2026 new launch package

RM 80,830

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

What is Eight & Eight?

+
A leasehold condominium by UDA Land (North) in Tanjung Tokong, Penang Island — 600 units, expected completion 2027, with dual-key and triple-key layouts.

What is the tenure of Eight & Eight?

+
Leasehold.

Can foreigners buy Eight & Eight?

+
Penang Island's foreign-buyer minimum is RM1,000,000. Entry pricing from RM691,000 is below that threshold — only higher-priced units (up to RM1,058,413) would qualify. WhatsApp Zac for current unit pricing above the threshold.

How many units does Eight & Eight have?

+
600 units, expected completion in 2027.

Substitutes worth comparing

Open full comparison →

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

From

RM 691K

Eight & Eight

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