penangproperty
Selling NowleaseholdresidentialEst. 2027

UDA Land (North) Sdn. Bhd.

Eight & Eight

Tanjung Tokong, Penang Island

From

RM 622K

RM 700950 PSF · Completion 2027

Tenure

leasehold

Title

residential

Total Units

600

Completion

2027

From
RM 622K
PSF
RM 700–950
Tenure
leasehold
Total units
600
Status
selling
Completion
2027
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 · 2 bed · 2 bath

Dual Key

1000 sqft · 3 bed · 2 bath

Triple Key

1140 sqft · 3 bed · 3 bath

Eight & Eight unit types

TypeConfigSize (sqft)UnitsCar parks
A2-bedroom8851
B2+1 bedroom (dual-key)1,0131
C3-bedroom (triple-key)1,1402
Total

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 2,514

Total Interest

RM 495,754

Total Outlay

RM 1,118,219

📲 Discuss financing options with Zac

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 300KRM 6.7M

asking prices in area

Active projects

1

selling or under construction

Subsale condos

25

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.

DownpaymentRM 62,247
SPA stamp dutyRM 12,674
SPA legal feeRM 7,475
MOT stamp duty (at VP)

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

RM 12,674
Loan stamp duty (0.5%)RM 2,801
Loan agreement legal feeRM 2,801
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 103,671

New launch — typical developer savings

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

Cash rebate3% = RM 18,674
0%5%10%
Total developer savingsRM 31,751

Net upfront (after savings)

Based on typical 2026 new launch package

RM 71,920

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 Eight & Eight?

+
Units at Eight & Eight start from RM 622K (around RM 700–950 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is Eight & Eight freehold or leasehold?

+
Eight & Eight is leasehold — typically a 99-year lease from the original grant. This doesn't materially affect own-stay value, but leasehold properties may need state consent for resale and the land reverts at lease end.

When is the expected completion / VP?

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Expected Vacant Possession is 2027, 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).

Who is the developer of Eight & Eight?

+
Eight & Eight is developed by UDA Land (North) 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.

From

RM 622K

Eight & Eight

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