penangproperty
Completedfreeholdresidential

Taman Ratu Sdn Bhd

Grand Ocean

Tanjung Bungah seafront

From

RM 550K

RM 590700 PSF ·

Tenure

freehold

Title

residential

Total Units

96

Completion

TBC

From
RM 550K
PSF
RM 590–700
Tenure
freehold
Total units
96
Status
completed
Completion
Z

Zac’s Take

Zac Ong

Grand Ocean is a low-density freehold seafront condo in Tanjung Bungah — 96 units by Taman Ratu, with strong sea-view appeal for both own-stay and rental.

My honest take: standard units are accessible (from around RM550K), while the penthouses reach past RM1.3M. It's a solid seafront own-stay or yield play rather than a trophy asset. Ask me which stack has the cleanest unobstructed sea line.

Monthly Instalment Calculator

Monthly Instalment

RM 2,222

Total Interest

RM 438,040

Total Outlay

RM 988,040

📲 Discuss financing options with Zac

Tanjung Bungah — area snapshot

Full area guide →

Tanjung Bungah offers seafront living with relatively more space than Gurney Drive. It attracts buyers who want proximity to the beach corridor without being in the dense city fringe.

Price range

RM 488KRM 4.7M

asking prices in area

Active projects

2

selling or under construction

Subsale condos

14

completed projects

Total tracked

18

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 55,000
SPA stamp dutyRM 10,500
SPA legal feeRM 6,750
MOT stamp duty (at VP)

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

RM 10,500
Loan stamp duty (0.5%)RM 2,475
Loan agreement legal feeRM 2,475
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 90,700

New launch — typical developer savings

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

Cash rebate3% = RM 16,500
0%5%10%
Total developer savingsRM 28,200

Net upfront (after savings)

Based on typical 2026 new launch package

RM 62,500

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 Grand Ocean freehold?

+
Yes — freehold, residential title, developed by Taman Ratu Sdn Bhd, a low-density (96-unit) seafront condo in Tanjung Bungah.

What are subsale prices at Grand Ocean?

+
Standard units start from about RM550K, with penthouses reaching past RM1.3M, at roughly RM590-700 psf. WhatsApp Zac for current listings.

Is Grand Ocean good for rental?

+
Its low density and sea-view position give it solid rental appeal in Tanjung Bungah — a reliable own-stay or yield play.

Can foreigners buy at Grand Ocean?

+
视单位总价而定——达到槟城岛区外国人购房 RM100 万门槛的单位符合资格,部分入门单位可能未达标,请让 Zac 核实。

Substitutes worth comparing

Open full comparison →

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

From

RM 550K

Grand Ocean

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