penangproperty
CompletedfreeholdEst. 2019

E&O Property Development

The Tamarind

Jalan Seri Tanjung Pinang 1, Tanjung Tokong

From

RM 600K

RM 780990 PSF · Completion 2019

Tenure

freehold

Title

TBC

Total Units

1104

Completion

2019

From
RM 600K
PSF
RM 780–990
Tenure
freehold
Total units
1104
Status
completed
Completion
2019

Project Tracking

We're tracking The Tamarind — not yet personally reviewed by Zac

This project is in our database from public sources (5 sources) from E&O Property Development. 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 The Tamarind details on WhatsApp

Facilities

Swimming PoolWading PoolGymnasiumTennis CourtMulti-Purpose HallPlaygroundLandscaped Garden24-Hour SecurityCovered Parking

What's nearby

🏥 Healthcare

  • Penang Adventist Hospital3.5km
  • Gleneagles Hospital Penang4.5km
  • Island Hospital Penang5.0km

🎓 Schools

  • SK Tanjung Tokong1.5km
  • SJK(C) Hua Bin2.0km
  • Penang Chinese Girls' High School4.0km
  • SMK Convent Pulau Tikus3.5km

🛍 Shopping

  • Straits Quay800m
  • Island Plaza2.5km
  • Gurney Plaza4.0km

Monthly Instalment Calculator

Monthly Instalment

RM 2,423

Total Interest

RM 477,862

Total Outlay

RM 1,077,862

📲 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

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.

DownpaymentRM 60,000
SPA stamp dutyRM 12,000
SPA legal feeRM 7,250
MOT stamp duty (at VP)

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

RM 12,000
Loan stamp duty (0.5%)RM 2,700
Loan agreement legal feeRM 2,700
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 99,650

New launch — typical developer savings

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

Cash rebate3% = RM 18,000
0%5%10%
Total developer savingsRM 30,650

Net upfront (after savings)

Based on typical 2026 new launch package

RM 69,000

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 The Tamarind?

+
Units at The Tamarind start from RM 600K (around RM 780–990 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is The Tamarind freehold or leasehold?

+
The Tamarind 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 2019, 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 The Tamarind?

+
The Tamarind is developed by E&O Property Development. 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 600K

The Tamarind

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