penangproperty
Ariza Seafront Terraces — subsale landed in Seri Tanjung Pinang, Tanjung Tokong

Tanjung Tokong · Subsale Market

Ariza Seafront Terraces 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.

Ariza Seafront Terraces is a completed freehold landed development in Tanjung Tokong, Penang, completed in 2019 by E&O Property (Penang) Sdn. Bhd.. It has 68 units. Subsale asking prices currently run about RM714 per sq ft (from roughly RM 2.70M).

Price at a glance

Prices as at November 2026 — Subsale asking prices basis. Last checked 2026-10-11.

Unit typeSize (sqft)Price fromPSF from
All units3,236–3,781RM2.7MRM714
Z

Zac’s Take

Zac Ong

Ariza Seafront Terraces is E&O's row of 32 two-and-a-half-storey terraces facing the seaside promenade in Seri Tanjung Pinang, completed in 2019 and inspired by Penang's Straits-eclectic shophouses. Each has four bedrooms, an internal courtyard and private terraces, with about 3,488 sq ft built-up on intermediate units, up to about 3,781 sq ft.

Asking prices in 2026 ran from about RM2.7M to RM5M, the lowest entry into STP's landed homes, and homes were let for about RM3,200 to RM6,500 a month.

It suits families who want a newer seafront landed home in the STP precinct without paying villa prices. The trade-off is terrace living, with neighbours on both sides. Ordinary foreign buyers need RM3M for landed homes on the island, so only the dearer units qualify; MM2H participants can buy any unit.

Reviews and comparisons

Available Listings

No listings currently on file. Zac may have off-market units available.

Ask Zac about availability

Why buy an Ariza Seafront Terraces 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 Ariza Seafront Terraces.

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 Ariza Seafront Terraces

  1. 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. 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. 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. 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. 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.

Ariza Seafront Terraces price 2026

What Ariza Seafront Terraces trades at on the sub-sale market, last checked 2026-10-11.

Asking fromRM2.7M – RM5M
PSFRM714
Built-up3,236 – 3,781 sqft
Completed2019
Units68

Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.

Recent prices. 2026 asking about RM2.7M–5M. 68 freehold 2½-storey terraces in two phases: 33 launched 2009, 35 launched March 2017 (completion March 2019). EdgeProp reports phase 2 built-ups of 3,236–3,526 and 3,488–3,781 sq ft in two articles.

DERIVED: tracked asking price over the built-up verified by propertybox. The price ceiling is not source-verified, so no psf ceiling is published. Area basis for the built-up is unstated by the developer.

The building is 7 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 by the larger units, though not at the entry price. 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.

Ariza Seafront Terraces for sale & for rent

Asking rents at Ariza Seafront Terraces ran from about RM3,200–6,500 a month in September–October 2026, for five-bedroom terraces of about 3,450 sq ft. Rents depend on the floor, view and furnishing, so message Zac for what is actually available to buy or rent today.

Ariza Seafront Terraces key facts

Developer
E&O Property (Penang) Sdn. Bhd.
Area
Tanjung Tokong, Penang
Type
landed
Tenure
freehold
Completed
2019
Total units
68
Asking PSF
RM714
Price from
RM 2.70M

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.

Ariza Seafront Terraces subsale — common questions

What is the price of Ariza Seafront Terraces?

2026 asking about RM2.7M–5M. 68 freehold 2½-storey terraces in two phases: 33 launched 2009, 35 launched March 2017 (completion March 2019). EdgeProp reports phase 2 built-ups of 3,236–3,526 and 3,488–3,781 sq ft in two articles.

Is Ariza Seafront Terraces freehold or leasehold?

Ariza Seafront Terraces 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 Ariza Seafront Terraces?

Yes, on the larger units. Penang Island sets a RM3,000,000 minimum for foreign buyers of landed property, which the entry price does not clear. MM2H participants have a lower minimum of RM500,000 (residential, up to two homes), which opens the cheaper units too. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.

How much is the rent at Ariza Seafront Terraces?

Asking rents ran from RM3,200 to RM6,500 a month in September–October 2026, for five-bedroom terraces of about 3,450 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 Ariza Seafront Terraces completed?

Ariza Seafront Terraces was completed in 2019 by E&O Property (Penang) Sdn. Bhd., so homes here are bought from existing owners.

How big are the homes at Ariza Seafront Terraces?

Homes range from about 3,236 to 3,781 sq ft. There are 68 homes in total.

More on the neighbourhood:

Tanjung Tokong area guide — schools, transport, PSF, lifestyle scorecard →

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