Pulau Tikus · Subsale Market
Codrington Residence Subsale — Pulau Tikus, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
Codrington Residence is a completed freehold condominium in Pulau Tikus, Penang, completed in 2026 by Primary Spectra Development Sdn. Bhd. (BSG Property & VST Group JV). It has 198 units. Subsale asking prices currently run about RM1058–1436 per sq ft (from roughly RM 1.40M).
Price at a glance
Prices as at September 2026 — Subsale asking prices basis. Last checked 2026-07-30.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 1,288–1,612 | RM1.4M | RM1,058 |
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Codrington Residence subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Pulau Tikus's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Codrington Residence.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
How Codrington Residence is priced within Pulau Tikus
At roughly RM1058 psf, Codrington Residence sits toward the value end of Pulau Tikus's condo band (RM900–1480 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
+196%
Area median RM357 psf (all residential)
Area gross yield
~4%
Typical for Pulau Tikus condos
Building age
0 years
Completed 2026
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.
What to inspect before you commit at Codrington Residence
- 1.Internal pipes and electrical — For buildings past the ten-year mark, ask for a recent plumbing inspection. Full repiping is a five-figure cost you do not want to discover after VP.
- 2.Waterproofing and ceiling stains — Check bathroom floors, balcony thresholds and the ceiling directly under any upstairs wet area. Old stains that were painted over will reappear.
- 3.Lift modernisation status — Lifts have a service life. Ask whether modernisation has been done or is being planned — it is one of the largest special assessments a JMB can raise.
- 4.Original vs renovated layout — Confirm any structural alteration by a previous owner was approved. Unapproved hacking can complicate financing and your own future resale.
- 5.Actual unit orientation — Visit at the time of day you would normally be home. Afternoon west sun in Penang changes both comfort and your electricity bill.
Codrington Residence price 2026
What Codrington Residence trades at on the sub-sale market, last checked 2026-07-30.
| Asking from | RM1.4M – RM2.1M |
| PSF | RM1058 – 1436 |
| Built-up | 1,288 – 1,612 sqft |
| Completed | 2026 |
| Units | 198 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
Handed over this year. There is no resale track record yet, so any asking price here is a seller's hope rather than a market rate. The defects liability period is still running — get the developer's defect list and check what has been rectified before you take over the liability.
A foreign buyer can purchase here — 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 — and if you are near the five-to-six-year line, the date matters more than the price.
Codrington Residence for sale & for rent
Looking to buy or rent a unit in Codrington Residence? 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.
Codrington Residence key facts
- Developer
- Primary Spectra Development Sdn. Bhd. (BSG Property & VST Group JV)
- Area
- Pulau Tikus, Penang
- Type
- condominium
- Tenure
- freehold · residential
- Completed
- 2026
- Total units
- 198
- Asking PSF
- RM1058–1436
- Price from
- RM 1.40M
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Codrington Residence:
View full Codrington Residence profile →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 800K – 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.
- CascadiaRM800K
- ArcadiaRM850K
- The CantonmentRM1.23M
- Moulmein RiseRM2.18M
- Cantonment ResidenceRM2.6M
- The AntonRM3.9M
Codrington Residence subsale — common questions
What is the price of Codrington Residence?
Codrington Residence runs RM1,400,000 to RM2,100,000. These are verified sub-sale asking prices, not transacted figures — expect movement between the two. That works out to about RM1,058–1,436 per square foot. Checked 2026-07-30.
Is Codrington Residence freehold or leasehold?
Codrington Residence is freehold, on a residential title. Those are two separate facts and only the first usually appears in marketing.
Can a foreigner buy at Codrington Residence?
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 Codrington Residence completed?
Codrington Residence completed in 2026, developed by Primary Spectra Development Sdn. Bhd. (BSG Property & VST Group JV). Units here trade sub-sale.
How big are the units at Codrington Residence?
Built-ups run 1,288 to 1,612 sq ft. There are 198 units in total.
Who is the developer of Codrington Residence Penang?
Primary Spectra Development Sdn. Bhd. — a smaller developer name. Inspect show unit quality carefully and ask about defect-liability terms; brand-level build track record is less established than tier-one names.
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.