Tanjung Bungah · Subsale Market
1 Tanjong Subsale — Tanjung Bungah, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
1 Tanjong is a completed freehold condominium in Tanjung Bungah, Penang, completed in 2015 by Lone Pine Group. It has 147 units. Subsale asking prices currently run about RM847–1049 per sq ft (from roughly RM 2.80M).
Price at a glance
Prices as at November 2026 — Subsale asking prices basis. Last checked 2026-10-06.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 4,760 | RM2.8M | RM847 |
Zac’s Take
Zac Ong
1 Tanjong is Lone Pine Group's twin-tower luxury development in Tanjung Bungah — two 41-storey towers, 147 units, freehold, completed in 2015. It sits among the higher-priced stock on this beachfront stretch, with asking prices in 2026 from about RM2.8M to RM7.8M; most four- and five-bedroom listings sat around RM3M to RM4.5M.
Subsale psf runs roughly RM847–1,049. What you get is large, high-floor layouts with sea and coastline views, in a low-density building on a quieter part of the island than Gurney.
My take: this is a lifestyle-led luxury hold — spacious units, strong views, a settled building. It's own-stay-first; the buyer pool at this price point in Tanjung Bungah is specific, so resale rewards patience and the right unit. Ask me which unit has the cleanest unobstructed sea line.
Reviews and comparisons
- 1 Tanjong Review 2026 — Tanjung Bungah's 4,760 sqft Twin Towers
- Gurney Drive vs Tanjung Bungah 2026 — Buzzy Waterfront or Quiet Seaview?
- Tanjung Bungah vs George Town 2026 — Family Seaview or Heritage Streets?
- Infinity Beachfront Review 2026 — Two Units a Floor on the Sand
- Skyhome Review 2026 — 52 Beachfront Residences in Tanjung Bungah, Sized Like Bungalows
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a 1 Tanjong subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within months, not years. Most resales complete in four to six months, a little longer if you need state consent as a foreign buyer.
Verified surroundings
Tanjung Bungah's noise levels, traffic, neighbour mix, and JMC quality are known quantities at 1 Tanjong.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
How 1 Tanjong is priced within Tanjung Bungah
At roughly RM847 psf, 1 Tanjong sits mid-band for Tanjung Bungah (RM460–1050 psf). This is the range where unit-specific factors — floor, view, renovation, facing — matter more than the address itself when you negotiate.
vs NAPIC median
+66%
Area median RM510 psf (all residential)
Building age
11 years
Completed 2015
PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data — see the Penang Price Index. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.
5 things to check before signing the 1 Tanjong SPA
- 1.Sinking fund health — Confirm the current balance and whether any special assessment is pending in the next 12 months. A thin sinking fund on an ageing building means you inherit the bill.
- 2.Last 3 maintenance billings — Verify payment is up to date and no dues are outstanding from the seller — arrears transfer with the unit, not the person.
- 3.JMC minutes (last 12 months) — Look for recurring complaints, structural concerns, or planned major works. This is the single most revealing document most buyers never ask for.
- 4.Common-area condition — Physically walk the pool deck, lifts, lobbies, gym and parking ramps. Photograph anything concerning — it is negotiation leverage.
- 5.Management track record — Ask who manages the building and how long they have held the contract. Frequent turnover of managing agents usually signals a difficult JMB.
1 Tanjong price 2026
What 1 Tanjong trades at on the sub-sale market, last checked 2026-10-06.
| Asking from | RM2.8M – RM7.8M |
| PSF | RM847 – 1049 |
| Built-up | 4,760 sqft |
| Completed | 2015 |
| Units | 147 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
Recent prices. Asking prices in 2026 about RM2.8M–7.8M; September 2026 listings for 4–5 bedroom homes ran about RM3.0M–4.5M.
The building is 11 years old. Old enough that the sinking fund and the state of common property matter more than the finishes. Ask for the MC accounts and the last AGM minutes — arrears across the building are the number that predicts your future maintenance bill.
A foreign buyer can purchase here — the RM1M minimum is cleared. Add the state levy, a flat 8% stamp duty and 3–4 months for state consent.
Selling rather than buying? The RPGT rates and the 21B retention decide what you keep — and if you are near the five-to-six-year line, the date matters more than the price.
1 Tanjong for sale & for rent
Asking rents at 1 Tanjong ran from about RM8,200–10,000 a month in September–October 2026, for homes of about 4,760 sq ft. Rents depend on the floor, view and furnishing, so message Zac for what is actually available to buy or rent today.
1 Tanjong key facts
- Developer
- Lone Pine Group
- Area
- Tanjung Bungah, Penang
- Type
- condominium
- Tenure
- freehold
- Completed
- 2015
- Total units
- 147
- Asking PSF
- RM847–1049
- Price from
- RM 2.80M
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 435K – RM 4.7M
asking prices in area
Active projects
1
selling or under construction
Subsale condos
14
completed projects
Total tracked
16
properties in this area
Other projects in Tanjung Bungah
All 15 others we track here, cheapest first — 1 of them still selling.
- Granito @ PermaiRM435K
- Grand OceanRM540K
- Surin CondominiumRM618K
- The Straits RegencyRM680K
- Alila HorizonsRM700K
- Pearl View CondominiumRM758K
- Mira ResidenceRM850K
- Horizon TowerRM1.1M
- WaterstoneRM1.29M
- Alila 2RM1.68M
- Infinity BeachfrontRM2.3M
- NinetenRM2.5M
- The Cove CondominiumRM2.7M
- Springtide ResidencesRM3.8M
- SkyhomeRM4.7M
1 Tanjong subsale — common questions
What is the price of 1 Tanjong?
Asking prices in 2026 about RM2.8M–7.8M; September 2026 listings for 4–5 bedroom homes ran about RM3.0M–4.5M.
Is 1 Tanjong freehold or leasehold?
1 Tanjong is freehold. I have not been able to confirm the land title class — check it with the developer, because a commercial title changes your utility tariffs and loan margin.
Can a foreigner buy at 1 Tanjong?
Yes. Penang Island sets a RM1,000,000 minimum for foreign buyers of strata property. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.
How much is the rent at 1 Tanjong?
Asking rents ran from RM8,200 to RM10,000 a month in September–October 2026, for homes of about 4,760 sq ft. These are asking rents on the main property portals, not signed leases. Short-term holiday letting isn't allowed in condos on Penang Island, so think in one- or two-year tenancies.
When was 1 Tanjong completed?
1 Tanjong was completed in 2015 by Lone Pine Group, so homes here are bought from existing owners.
How big are the homes at 1 Tanjong?
Homes range from about 4,760 sq ft. There are 147 homes in total.
What kind of buyer suits 1 Tanjong?
It suits an own-stay or lifestyle buyer who wants large, high-floor sea-view layouts in a quieter beachfront setting than Gurney. Resale here rewards patience and the right unit.
More on the neighbourhood:
Tanjung Bungah area guide — schools, transport, PSF, lifestyle scorecard →Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.