IOI Properties
Fettes Residence
Fettes Road, Tanjung Tokong
From
RM 1.20M
RM 583–750 PSF · Completion 2011
Tenure
freehold
Title
residential
Total Units
195
Completion
2011
- From
- RM 1.2M
- PSF
- RM 583–750
- Tenure
- freehold
- Total units
- 195
- Status
- completed
- Completion
- 2011
Zac’s Take
Zac Ong
Fettes Residence is IOI Properties' freehold tower on the Tanjung Tokong / Mount Erskine edge — 195 units, completed 2011, and known for its large layouts (standard units around 2,400 sqft, penthouses to roughly 4,200).
My honest take: this is a space-buyer's building — big freehold units at a sensible psf (about RM583–750), from around RM1.2M up to the high-RM2M range for penthouses. It suits a family that wants square footage and a settled address near Gurney and Straits Quay without paying new-launch premiums. Ask me which stack has the cleanest aspect.
Monthly Instalment Calculator
Monthly Instalment
RM 4,847
Total Interest
RM 955,724
Total Outlay
RM 2,155,724
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 120,000 |
| SPA stamp duty | RM 32,000 |
| SPA legal fee | RM 12,850 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 32,000 |
| Loan stamp duty (0.5%) | RM 5,400 |
| Loan agreement legal fee | RM 5,400 |
| Valuation fee | RM 2,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 210,650 |
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 Fettes Residence freehold?
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What are subsale prices at Fettes Residence?
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How big are the units at Fettes Residence?
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Can foreigners buy at Fettes 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 1.2M
Fettes Residence