Tanjung Bungah Β· Subsale Market
1 Tanjong Subsale β Tanjung Bungah, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
1 Tanjong is a completed freehold condominium in Tanjung Bungah, Penang, completed in 2015 by Lone Pine Group. It has 147 units. It launched from around RM 3.60M in 2011 β that is the launch price, not a current resale figure. WhatsApp Zac for live asking prices.
Price at a glance
Prices as at September 2026 β Developer launch prices basis. Last checked 2026-06-23. A negotiation floor, not what it trades at today.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 4,760 | RM3.6M | RM847 |
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 3 months of SPA. No 36-month construction wait.
Verified surroundings
Tanjung Bungah's noise levels, traffic, neighbour mix, and JMC quality are known quantities at 1 Tanjong.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
How 1 Tanjong is priced within Tanjung Bungah
At roughly RM847 psf, 1 Tanjong sits mid-band for Tanjung Bungah (RM513β1065 psf). This is the range where unit-specific factors β floor, view, renovation, facing β matter more than the address itself when you negotiate.
vs NAPIC median
+66%
Area median RM510 psf (all residential)
Area gross yield
~4.5%
Typical for Tanjung Bungah condos
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 β 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 β 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 β Verify payment is up to date and no dues are outstanding from the seller β arrears transfer with the unit, not the person.
- 3.JMC minutes (last 12 months) β 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 β Physically walk the pool deck, lifts, lobbies, gym and parking ramps. Photograph anything concerning β it is negotiation leverage.
- 5.Management track record β 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 2026-06-23.
| Asking from | RM3.6M+ |
| PSF | RM847 β 1049 |
| Built-up | 4,760 sqft |
| Completed | 2015 |
| Units | 147 |
Developer launch price. This is what the developer charged at launch, not what the building trades at today. Treat it as a floor for negotiation, not a guide to current value.
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 β arrears across the building are the number that predicts your future maintenance bill.
A foreign buyer can purchase here β the RM1M minimum is cleared. Add the state levy, a flat 8% stamp duty and 3β4 months for state consent.
Selling rather than buying? The RPGT rates and the 21B retention decide what you keep β and if you are near the five-to-six-year line, the date matters more than the price.
1 Tanjong for sale & for rent
Looking to buy or rent a unit in 1 Tanjong? Asking prices and rents move with the market and with the specific unit β floor, facing, condition β so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.
1 Tanjong key facts
- Developer
- Lone Pine Group
- Area
- Tanjung Bungah, Penang
- Type
- condominium
- Tenure
- freehold
- Completed
- 2015
- Total units
- 147
- Asking PSF
- RM847β1049
- Price from
- RM 3.60M
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on 1 Tanjong:
View full 1 Tanjong profile βTanjung Bungah β area snapshot
Full area guide βTanjung 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 397K β RM 4.4M
asking prices in area
Active projects
1
selling or under construction
Subsale condos
13
completed projects
Total tracked
15
properties in this area
Other projects in Tanjung Bungah
All 14 others we track here, cheapest first β 1 of them still selling.
- Granito @ PermaiRM397K
- Grand OceanRM550K
- Surin CondominiumRM600K
- Alila HorizonsRM700K
- Pearl View CondominiumRM780K
- Mira ResidenceRM1.07M
- Horizon TowerRM1.1M
- WaterstoneRM1.29M
- Alila 2RM1.68M
- NinetenRM2.5M
- The Cove CondominiumRM2.7M
- Infinity BeachfrontRM2.7M
- Springtide ResidencesRM3.8M
- SkyhomeRM4.39M
1 Tanjong subsale β common questions
What is the price of 1 Tanjong?
1 Tanjong runs RM3,600,000 and up. That is the developer launch price, not what the building trades at today. Treat it as a floor for negotiation. That works out to about RM847β1,049 per square foot. Checked 2026-06-23.
Is 1 Tanjong freehold or leasehold?
1 Tanjong is freehold. We do not hold the land title class on record β confirm 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. Add a state levy, a flat 8% stamp duty, and 3β4 months for state consent.
When was 1 Tanjong completed?
1 Tanjong completed in 2015, developed by Lone Pine Group. Units here trade sub-sale.
How big are the units at 1 Tanjong?
Built-ups run 4,760 sq ft. There are 147 units 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 β schools, transport, PSF, lifestyle scorecard βSubstitutes worth comparing
Open full comparison βSame area family, same property type, similar price band β what most buyers actually cross-shop.