Tanjung Tokong · Subsale Market
Caspian 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.
Caspian is a completed freehold landed development in Tanjung Tokong, Penang, completed in 2015 by E&O Property (Penang) Sdn. Bhd.. Subsale asking prices start from roughly RM 4.60M.
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 | 5,040 | RM4.6M | ~RM913 |
Zac’s Take
Zac Ong
Caspian is E&O's semi-detached villa in Seri Tanjung Pinang from the 2015 phase: about 5,040 sq ft built-up over three storeys on lots of 5,000 to 5,886 sq ft.
It's listed from about RM4.6M, much lower than Cayman, its 2015 neighbour at about RM6.5M for a similar-sized home. The difference is mainly Cayman's private lift and pool, plus renovation, so if you don't need those, Caspian is the value pick of the newer STP villas. Listings are few, so confirm the price of the exact unit.
It suits families who want a large, newer semi-D inside STP's guarded precinct without paying for features they won't use. Ordinary foreign buyers need RM3M for landed homes on the island, which Caspian clears.
Reviews and comparisons
- Caspian Review 2026 — E&O's Semi-D Villa at Seri Tanjung Pinang
- Cayman vs Caspian 2026 — E&O's Super Semi-D or Semi-D at Seri Tanjung Pinang?
- Jesselton Courtyard Review 2026 — Two Prices, One Title Question, and Who Should Actually Buy
- Permai vs Seri Tanjung Pinang 2026 — Where to Buy a House in Penang's Northern Coast
- What £500K, £750K and £1M Buy in Penang in 2026 — A UK Buyer's Guide to the Market
- Acacia @ Seri Tanjung Pinang Review 2026 — E&O's Semi-D at the Accessible STP Entry
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Caspian 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 Caspian.
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 Caspian
- 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.
Caspian price 2026
What Caspian trades at on the sub-sale market, last checked 2026-10-11.
| Asking from | RM4.6M+ |
| Built-up | 5,040 sqft |
| Completed | 2015 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
Recent prices. Listed from about RM4.6M; about 5,040 sq ft built-up on 5,000–5,886 sq ft of land, completed 2015. Few current listings, so confirm the price of the exact unit.
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 — arrears across the building are the number that predicts your future maintenance bill.
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.
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 — 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.
Caspian key facts
- Developer
- E&O Property (Penang) Sdn. Bhd.
- Area
- Tanjung Tokong, Penang
- Type
- landed
- Tenure
- freehold · residential
- Completed
- 2015
- Price from
- RM 4.60M
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
- AmarisRM3.99M
- SkyeRM6.38M
- Cayman Super Semi-DRM6.5M
- MartiniqueRM6.7M
- AbrezzaRM6.7M
Caspian subsale — common questions
What is the price of Caspian?
Listed from about RM4.6M; about 5,040 sq ft built-up on 5,000–5,886 sq ft of land, completed 2015. Few current listings, so confirm the price of the exact unit.
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 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 Caspian completed?
Caspian was completed in 2015 by E&O Property (Penang) Sdn. Bhd., so homes here are bought from existing owners.
How big are the homes at Caspian?
Homes range from about 5,040 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 — a notably lower price for a near-identical plot size and the same completion year.
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.