CompletedfreeholdEst. 2016

Ideal Property Group

i-Condo Tanjung Tokong

Name: i-Condo Tanjung Tokong
Brand: Ideal Property Group
Availability: Discontinued

Tanjung Tokong

From

RM 300K

RM 380–500 PSF · Completion 2016

Get Brochure + Price List

📲 Price list 📲 Floor plans 📅 Site visit

Tenure

freehold

Title

TBC

Total Units

552

Completion

2016

From: RM 300K
PSF: RM 380–500
Tenure: freehold
Total units: 552
Status: completed
Completion: 2016

Project Tracking

We're tracking i-Condo Tanjung Tokong — not yet personally reviewed by Zac

This project is in our database from public sources (1 source) from Ideal Property Group. 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

📲 Get i-Condo Tanjung Tokong details on WhatsApp

Facilities

Swimming PoolGymnasiumMini MarketLaunderetteFunction RoomPlayground24-Hour SecurityCovered Parking

What's nearby

🏥 Healthcare

Gleneagles Hospital Penang4.5km
Adventist Hospital Penang4.8km

🎓 Schools

Sekolah Kebangsaan Tanjung Tokong500m
Uplands International School2.8km

🛍 Shopping

Straits Quay1.8km
Gurney Plaza3.5km
Gurney Paragon3.8km

Monthly Instalment Calculator

Property Price (RM)Down Payment (%)Loan Tenure (years)Interest Rate (%)

Monthly Instalment

RM 1,212

Total Interest

RM 238,931

Total Outlay

RM 538,931

📲 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 480K – RM 6.7M

asking prices in area

Active projects

selling or under construction

Subsale condos

completed projects

Total tracked

properties in this area

Other projects in Tanjung Tokong

Crown Penang · RM 704K Eight & Eight · RM 622K The Meg 18 East at Andaman · RM 877K Amaris · RM 4.0M Andaman @ Quayside · RM 1.1M Ariza Seafront Terraces · RM 2.7M City of Dreams · RM 1.2M +19 more →

Total Cost Breakdown

Every cost you'll pay — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.

Purchase price (RM)

Downpayment (%)

First-time buyerForeign buyer

Downpayment	RM 30,000
SPA stamp duty	RM 5,000
SPA legal fee	RM 3,750
MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer.	RM 5,000
Loan stamp duty (0.5%)	RM 1,350
Loan agreement legal fee	RM 1,350
Valuation fee	RM 1,000
Search, admin, misc	RM 1,000
Gross upfront total	RM 48,450

New launch — typical developer savings

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

SPA legal fee absorbed

Panel lawyer provided by developer

− RM 3,750

Loan stamp duty absorbed

0.5% on loan amount

− RM 1,350

Loan legal fee absorbed

Loan documentation fees

− RM 1,350

MOT stamp duty absorbed

Rare — confirm with developer

—

Cash rebate3% = RM 9,000

0%5%10%

Total developer savings− RM 15,450

Net upfront (after savings)

Based on typical 2026 new launch package

RM 33,000

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 i-Condo Tanjung Tokong?

Units at i-Condo Tanjung Tokong start from RM 300K (around RM 380–500 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is i-Condo Tanjung Tokong freehold or leasehold?

i-Condo Tanjung Tokong is freehold — you own the land in perpetuity, no expiry date, no renewal fees. Freehold residential title remains genuinely scarce in central Penang Island.

When is the expected completion / VP?

Expected Vacant Possession is 2016, 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 i-Condo Tanjung Tokong?

i-Condo Tanjung Tokong is developed by Ideal Property Group. For Zac's honest read on the developer's track record and what to expect on delivery quality, WhatsApp directly.

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i-Condo Tanjung Tokong

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