Tanjung Tokong · Subsale Market
Amaris Subsale — Tanjung Tokong, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
Amaris is a completed freehold landed development in Tanjung Tokong, Penang, completed in 2017 by E&O Property Development. It has 29 units. Subsale asking prices currently run about RM650–840 per sq ft (from roughly RM 3.99M).
Price at a glance
Prices as at November 2026 — Subsale asking prices basis. Last checked 2026-10-11.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 5,262–6,540 | RM3.988M | RM650 |
Zac’s Take
Zac Ong
Amaris Terraces By-The-Sea is one of E&O's last landed releases in Seri Tanjung Pinang: 29 freehold three-storey terraces facing the sea, completed in 2017. E&O lists five bedrooms, an internal courtyard and about 5,262 sq ft built-up on intermediate units, up to about 6,540 sq ft; the corner units add a private lift and a lap pool.
Asking prices in 2026 were about RM4M to RM4.2M, roughly RM650 per sq ft.
People often assume it's a condo at that price, but it's landed, on real land in E&O's flagship township, with sea views and very few neighbours. The trade-offs are terrace living and the reclaimed ground, which is long settled but worth a lawyer's look at the geotechnical report. Ordinary foreign buyers need RM3M for landed homes on the island, which Amaris clears.
Reviews and comparisons
- Amaris Seri Tanjung Pinang Review 2026 — E&O Freehold Landed Terraces from RM4M
- Permai vs Seri Tanjung Pinang 2026 — Where to Buy a House in Penang's Northern Coast
- Andorra Skyloft vs Ariza Seafront Terraces 2026 — E&O's Two Newer Terraces at STP, Compared
- Andorra Skyloft Terraces Review 2026 — E&O's 20-Unit Courtyard Terraces at Seri Tanjung Pinang
- Ariza Seafront Terraces Review 2026 — E&O's Waterfront Terraces at Seri Tanjung Pinang
- Indonesian Family Office Guide to Penang Property 2026 — Generational Wealth Anchor
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy an Amaris 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 Tokong's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Amaris.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
Due diligence before buying at Amaris
- 1.Individual title status — Confirm whether individual title has issued and is in the seller's name. Master-title landed transactions carry extra steps and time.
- 2.Approved extensions — Most landed resales have some extension. Ask for the approved plan — unapproved structures can be an issue at your own resale or refinancing.
- 3.Drainage and ground level — Walk the perimeter and ask neighbours directly about flooding history. Penang's heavy-rain events are the honest test, not a dry-day viewing.
- 4.Gated scheme fees and rules — For gated-and-guarded schemes, confirm the monthly fee, what it covers, and the collection rate. Poor collection means declining security cover.
- 5.Roof, structure and termites — Commission an inspection for anything over fifteen years old. Roof and termite remediation are the two costs that most often blow a landed budget.
Amaris price 2026
What Amaris trades at on the sub-sale market, last checked 2026-10-11.
| Asking from | RM3.99M – RM4.2M |
| PSF | RM650 – 840 |
| Built-up | 5,262 – 6,540 sqft |
| Completed | 2017 |
| Units | 29 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
Recent prices. Asking prices in 2026 about RM3.99M–4.2M for 3-storey terraces of about 5,262 sq ft (intermediate) to 6,540 sq ft (corner).
The building is 9 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporation’s problem and, through the sinking fund, partly yours. Check what was actually rectified.
A foreign buyer can purchase here — the RM3M 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.
Amaris for sale & for rent
Looking to buy or rent a home in Amaris? Asking prices and rents move with the market and with the specific home — floor, facing, condition — so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.
Amaris key facts
- Developer
- E&O Property Development
- Area
- Tanjung Tokong, Penang
- Type
- landed
- Tenure
- freehold
- Completed
- 2017
- Total units
- 29
- Asking PSF
- RM650–840
- Price from
- RM 3.99M
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 550K – RM 6.7M
asking prices in area
Active projects
3
selling or under construction
Subsale condos
24
completed projects
Total tracked
28
properties in this area
Other projects in Tanjung Tokong
All 27 others we track here, cheapest first — 3 of them still selling.
- The LandmarkRM550K
- The BrezzaRM567K
- The MegRM600K
- Eight & EightRM691K
- City of DreamsRM700K
- City ResidenceRM700K
- Crown PenangRM704K
- Jazz ResidenceRM720K
- Skyridge GardenRM720K
- Straits Quay Suites @ WatersideRM730K
- The TamarindRM780K
- Marinox Sky VillasRM800K
- Arica @ Andaman IslandRM800K
- 18 East at AndamanRM1.09M
- Vantage Desiran TanjungRM1.1M
- Fettes ResidenceRM1.14M
- Andaman @ QuaysideRM1.28M
- Ariza Seafront TerracesRM2.7M
- Acacia @ Seri Tanjung PinangRM3.2M
- Avalon @ Seri Tanjung PinangRM3.28M
- The PenthouseRM3.46M
- Andorra Skyloft TerracesRM3.88M
- CaspianRM4.6M
- SkyeRM6.38M
- Cayman Super Semi-DRM6.5M
- MartiniqueRM6.7M
- AbrezzaRM6.7M
Amaris subsale — common questions
What is the price of Amaris?
Asking prices in 2026 about RM3.99M–4.2M for 3-storey terraces of about 5,262 sq ft (intermediate) to 6,540 sq ft (corner).
Is Amaris freehold or leasehold?
Amaris 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 Amaris?
Yes. Penang Island sets a RM3,000,000 minimum for foreign buyers of landed property. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.
When was Amaris completed?
Amaris was completed in 2017 by E&O Property Development, so homes here are bought from existing owners.
How big are the homes at Amaris?
Homes range from about 5,262 to 6,540 sq ft. There are 29 homes in total.
Is Amaris a condo or landed property?
Landed — freehold terrace/semi-D-scale housing within the Seri Tanjung Pinang township, not a condominium, despite the premium pricing that sometimes causes confusion.
What's different about buying landed on Seri Tanjung Pinang versus a standalone bungalow scheme?
STP is a master-planned reclaimed-land township developed by E&O, so you get integrated security, landscaping and township-level planning rather than a standalone estate — worth asking Zac for what's publicly documented on the reclaimed-land geotechnical profile.
More on the neighbourhood:
Tanjung Tokong 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.