BSG Property
Waterstone
Jalan Loh Poh Heng, Tanjung Bungah
From
RM 1.29M
RM 810–999 PSF · Completion 2028
Tenure
freehold
Title
residential
Total Units
365
Completion
2028
- From
- RM 1.3M
- PSF
- RM 810–999
- Tenure
- freehold
- Total units
- 365
- Status
- selling
- Completion
- 2028
Zac’s Take
Zac Ong
Waterstone is a 365-unit freehold condominium in Tanjung Bungah, selling from RM1.1M. Tanjung Bungah sits between Tanjung Tokong and Batu Ferringhi — quieter than Gurney, with beach access and good sea views from higher floors. Freehold at RM1.1M in Tanjung Bungah is reasonable for sea-view product here. 365 units is mid-sized — not boutique but not oversupplied either. The neighbourhood is popular with expat families for the international school access (Uplands International, Dalat International, Sri Utama). This is a good-value proposition for buyers who want the northern beach strip without the Batu Ferringhi remoteness and the Gurney Drive price premium. Ask me for current floor availability and view orientations.
Waterstone unit types
| Type | Config | Size (sqft) | Units | Car parks |
|---|---|---|---|---|
| 3BR | 3BR | 1,334–1,800 | — | — |
| 4BR | 4BR | 1,800–2,195 | — | — |
| Total | — | |||
Building specifications
- Blocks
- 2
- Floors
- 39
- Total units
- 365
Facilities
What's nearby
🏥 Healthcare
- Gleneagles Hospital Penang5.0km
- Penang Adventist Hospital6.0km
🎓 Schools
- Dalat International School1.0km
- POWIIS Tanjung Bungah1.5km
- Tenby Schools Penang2.0km
🛍 Shopping
- Straits Quay3.0km
- Gurney Plaza4.5km
Monthly Instalment Calculator
Monthly Instalment
RM 5,198
Total Interest
RM 1,025,014
Total Outlay
RM 2,312,014
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 488K – RM 4.7M
asking prices in area
Active projects
1
selling or under construction
Subsale condos
15
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.
| Downpayment | RM 128,700 |
| SPA stamp duty | RM 35,480 |
| SPA legal fee | RM 13,546 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 35,480 |
| Loan stamp duty (0.5%) | RM 5,792 |
| Loan agreement legal fee | RM 5,792 |
| Valuation fee | RM 2,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 227,789 |
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 Waterstone freehold?
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When will Waterstone be completed?
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What is the price range at Waterstone?
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How many units does Waterstone have?
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Can foreigners buy at Waterstone?
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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 1.3M
Waterstone