penangproperty
Caspian β€” subsale landed in Seri Tanjung Pinang, Tanjung Tokong

Tanjung Tokong Β· Subsale Market

Caspian Subsale β€” Tanjung Tokong, Penang

Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.

Caspian is a completed freehold landed development in Tanjung Tokong, Penang, completed in 2015 by E&O Property (Penang) Sdn. Bhd.. It launched from around RM 4.60M 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€” Undated source prices basis. Last checked 2026-07-20. Confirm the current range before offering.

Unit typeSize (sqft)Price fromPSF from
All units5,000RM4.6M~RM920

Available Listings

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

Ask Zac about availability

Why buy a Caspian subsale (vs a new launch elsewhere)

Immediate occupancy

Move in within 3 months of SPA. No 36-month construction wait.

Verified surroundings

Tanjung Tokong's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Caspian.

Established maintenance

Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.

Due diligence before buying at Caspian

  1. 1.Individual title status β€” 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 β€” Most landed resales have some extension. Ask for the approved plan β€” unapproved structures can be an issue at your own resale or refinancing.
  3. 3.Drainage and ground level β€” 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 β€” 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 β€” Commission an inspection for anything over fifteen years old. Roof and termite remediation are the two costs that most often blow a landed budget.

Caspian price 2026

What Caspian trades at on the sub-sale market, last checked 2026-07-20.

Asking fromRM4.6M+
Built-up5,000 sqft
Completed2015

Price basis not dated. Confirm the current range before making an offer.

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 3–4 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.

Caspian for sale & for rent

Looking to buy or rent a home in Caspian? Asking prices and rents move with the market and with the specific home 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.

Caspian key facts

Developer
E&O Property (Penang) Sdn. Bhd.
Area
Tanjung Tokong, Penang
Type
landed
Tenure
freehold Β· residential
Completed
2015
Price from
RM 4.60M

Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Caspian:

View full Caspian profile β†’

Tanjung Tokong β€” area snapshot

Full area guide β†’

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 370K – RM 7.5M

asking prices in area

Active projects

3

selling or under construction

Subsale condos

23

completed projects

Total tracked

27

properties in this area

Other projects in Tanjung Tokong

All 26 others we track here, cheapest first β€” 3 of them still selling.

Caspian subsale β€” common questions

What is the price of Caspian?

Caspian runs RM4,600,000 and up. The basis for this figure is not recorded, so confirm the current range before making an offer. Checked 2026-07-20.

Is Caspian freehold or leasehold?

Caspian is freehold, on a residential title. Those are two separate facts and only the first usually appears in marketing.

Can a foreigner buy at Caspian?

Yes. Penang Island sets a RM1,000,000 minimum for foreign buyers. Add a state levy, a flat 8% stamp duty, and 3–4 months for state consent.

When was Caspian completed?

Caspian completed in 2015, developed by E&O Property (Penang) Sdn. Bhd.. Units here trade sub-sale.

How big are the units at Caspian?

Built-ups run 5,000 sq ft.

How does Caspian compare to Cayman, the other 2015 villa?

Caspian's 5,000 sqft land is close to Cayman's 5,040 sqft, but Caspian asks RM4.6 million versus Cayman's RM6.1 million β€” a notably lower price for a near-identical plot size and the same completion year.

More on the neighbourhood:

Tanjung Tokong area guide β€” schools, transport, PSF, lifestyle scorecard β†’

Substitutes worth comparing

Open full comparison β†’

Same area family, same property type, similar price band β€” what most buyers actually cross-shop.

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