Tanjung Bungah Β· Subsale Market
Grand Ocean Subsale β Tanjung Bungah, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
Grand Ocean is a completed freehold condominium in Tanjung Bungah, Penang by Taman Ratu Sdn Bhd. It has 96 units. It launched from around RM 550K 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 2026-07-21. Confirm the current range before offering.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | β | RM550,000 | RM590 |
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Grand Ocean subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Tanjung Bungah's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Grand Ocean.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
How Grand Ocean is priced within Tanjung Bungah
At roughly RM590 psf, Grand Ocean sits toward the value end of Tanjung Bungah's condo band (RM513β1065 psf). That usually reflects building age, floor level, or distance from the area's prime frontage β worth checking which, because the first two are negotiable and the third is not.
vs NAPIC median
+16%
Area median RM510 psf (all residential)
Area gross yield
~4.5%
Typical for Tanjung Bungah condos
PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data β 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 Grand Ocean
- 1.Internal pipes and electrical β 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 β 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 β Lifts have a service life. Ask whether modernisation has been done or is being planned β it is one of the largest special assessments a JMB can raise.
- 4.Original vs renovated layout β Confirm any structural alteration by a previous owner was approved. Unapproved hacking can complicate financing and your own future resale.
- 5.Actual unit orientation β Visit at the time of day you would normally be home. Afternoon west sun in Penang changes both comfort and your electricity bill.
Grand Ocean price 2026
What Grand Ocean trades at on the sub-sale market, last checked 2026-07-21.
| Asking from | RM550,000+ |
| PSF | RM590 β 700 |
| Units | 96 |
Price basis not dated. Confirm the current range before making an 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 β and if you are near the five-to-six-year line, the date matters more than the price.
Grand Ocean for sale & for rent
Looking to buy or rent a unit in Grand Ocean? Asking prices and rents move with the market and with the specific unit 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.
Grand Ocean key facts
- Developer
- Taman Ratu Sdn Bhd
- Area
- Tanjung Bungah, Penang
- Type
- condominium
- Tenure
- freehold Β· residential
- Total units
- 96
- Asking PSF
- RM590β700
- Price from
- RM 550K
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Grand Ocean:
View full Grand Ocean profile βTanjung Bungah β area snapshot
Full area guide βTanjung Bungah offers seafront living with relatively more space than Gurney Drive. It attracts buyers who want proximity to the beach corridor without being in the dense city fringe.
Price range
RM 397K β RM 4.4M
asking prices in area
Active projects
1
selling or under construction
Subsale condos
13
completed projects
Total tracked
15
properties in this area
Other projects in Tanjung Bungah
All 14 others we track here, cheapest first β 1 of them still selling.
- Granito @ PermaiRM397K
- Surin CondominiumRM600K
- Alila HorizonsRM700K
- Pearl View CondominiumRM780K
- Mira ResidenceRM1.07M
- Horizon TowerRM1.1M
- WaterstoneRM1.29M
- Alila 2RM1.68M
- NinetenRM2.5M
- The Cove CondominiumRM2.7M
- Infinity BeachfrontRM2.7M
- 1 TanjongRM3.6M
- Springtide ResidencesRM3.8M
- SkyhomeRM4.39M
Grand Ocean subsale β common questions
What is the price of Grand Ocean?
Grand Ocean runs RM550,000 and up. The basis for this figure is not recorded, so confirm the current range before making an offer. That works out to about RM590β700 per square foot. Checked 2026-07-21.
Is Grand Ocean freehold or leasehold?
Grand Ocean is freehold, on a residential title. Those are two separate facts and only the first usually appears in marketing.
Can a foreigner buy at Grand Ocean?
Not at current prices. Penang Island sets a RM1,000,000 minimum for foreign buyers and no unit here clears it, so Grand Ocean is open to Malaysian and PR buyers only.
How big are the units at Grand Ocean?
There are 96 units in total.
Is Grand Ocean good for rental?
Its low density and sea-view position give it solid rental appeal in Tanjung Bungah β a reliable own-stay or yield play.
More on the neighbourhood:
Tanjung Bungah area guide β schools, transport, PSF, lifestyle scorecard βSubstitutes worth comparing
Open full comparison βSame area family, same property type, similar price band β what most buyers actually cross-shop.