Pulau Tikus · Subsale Market
Cascadia Subsale — Pulau Tikus, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
Cascadia is a completed freehold condominium in Pulau Tikus, Penang, completed in 1993. It has 54 units. Subsale asking prices currently run about RM651–933 per sq ft (from roughly RM 699K).
Price at a glance
Prices as at November 2026 — Subsale asking prices basis. Last checked 2026-10-04.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 980–1,180 | RM699,000 | RM651 |
Zac’s Take
Zac Ong
Cascadia is a quiet, low-rise freehold development in Pulau Tikus, completed in 1993: just 54 homes in three-storey blocks, set among greenery a short drive from Gurney Drive.
Homes are about 980–1,180 sq ft, and listings in 2026 ran from roughly RM700,000 to RM920,000, around RM650–810 per sq ft.
It suits buyers who want a Pulau Tikus address and a calm, garden-like setting without living in a tower. It's an older, low-rise building, so check the condition of the unit and the common areas, and whether your block has a lift if you're planning for later life. Every unit is below the RM1M foreign-buyer minimum, so it's for Malaysian buyers.
Reviews and comparisons
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Cascadia 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
Pulau Tikus's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Cascadia.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
How Cascadia is priced within Pulau Tikus
At roughly RM651 psf, Cascadia sits toward the value end of Pulau Tikus's condo band (RM850–1440 psf). That usually reflects building age, floor level, or distance from the area's prime frontage — worth checking which, because the first two are negotiable and the third is not.
vs NAPIC median
+82%
Area median RM357 psf (all residential)
Building age
33 years
Completed 1993
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 Cascadia 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.
Cascadia price 2026
What Cascadia trades at on the sub-sale market, last checked 2026-10-04.
| Asking from | RM699,000 – RM920,000 |
| PSF | RM651 – 933 |
| Built-up | 980 – 1,180 sqft |
| Completed | 1993 |
| Units | 54 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
Recent prices. Verified via Google SERP portal snippets Sept 2026 — median transacted RM651 psf, avg unit ~RM854K. 1993 completion, 54 units, 980-1,180 sqft. One outlier listing at RM2M excluded.
The building is 33 years old. At this age the questions are the sinking fund, whether the management corporation has done a major refurbishment, and how much lift and waterproofing work is still ahead. Ask for two years of MC accounts before you offer.
Every unit here sits below the RM1M foreign-buyer minimum, so this building is open to Malaysian and PR buyers only.
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.
Cascadia for sale & for rent
Looking to buy or rent a unit in Cascadia? Asking prices and rents move with the market and with the specific unit — 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.
Cascadia key facts
- Area
- Pulau Tikus, Penang
- Type
- condominium
- Tenure
- freehold · residential
- Completed
- 1993
- Total units
- 54
- Asking PSF
- RM651–933
- Price from
- RM 699K
Pulau Tikus — area snapshot
Full area guide →Pulau Tikus is a mature, low-rise residential neighbourhood favoured for its quiet streets and proximity to international schools. Low new supply makes completed units here relatively scarce.
Price range
RM 850K – RM 3.9M
asking prices in area
Active projects
0
selling or under construction
Subsale condos
5
completed projects
Total tracked
7
properties in this area
Other projects in Pulau Tikus
All 6 others we track here, cheapest first — all trading sub-sale.
- ArcadiaRM850K
- Codrington ResidenceRM1.4M
- Moulmein RiseRM2.1M
- Cantonment ResidenceRM2.6M
- The AntonRM3.9M
- The Cantonment—
Cascadia subsale — common questions
What is the price of Cascadia?
Verified via Google SERP portal snippets Sept 2026 — median transacted RM651 psf, avg unit ~RM854K. 1993 completion, 54 units, 980-1,180 sqft. One outlier listing at RM2M excluded.
Is Cascadia freehold or leasehold?
Cascadia is freehold, on a residential title. Those are two separate facts and only the first usually appears in marketing.
Can a foreigner buy at Cascadia?
Yes, if you are on MM2H. MM2H participants can buy residential property in Penang from RM500,000 (up to two homes), and Cascadia is priced above that. Other foreign buyers need RM1,000,000 for strata property on the island, which homes here do not reach. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.
When was Cascadia completed?
Cascadia was completed in 1993, so homes here are bought from existing owners.
How big are the homes at Cascadia?
Homes range from about 980 to 1,180 sq ft. There are 54 homes in total.
What makes Cascadia sought after?
Its low-density, leafy layout and prime Pulau Tikus location — privacy and lifestyle over high-rise living.
More on the neighbourhood:
Pulau Tikus 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.