Tanjung Bungah · Subsale Market
Horizon Tower Subsale — Tanjung Bungah, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
Horizon Tower is a completed freehold condominium in Tanjung Bungah, Penang, completed in 1988. It has 56 units. Subsale asking prices currently run about RM478–543 per sq ft (from roughly RM 1M).
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Horizon Tower 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 Horizon Tower.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
5 things to check before signing the Horizon Tower SPA
- 1.Sinking fund health — confirm the current balance and whether any special assessment is pending in the next 12 months.
- 2.Last 3 maintenance billings — verify payment is up to date and there are no outstanding dues from the seller.
- 3.JMC minutes (last 12 months) — look for recurring complaints, structural concerns, or planned major works.
- 4.Common-area condition — physically walk the pool deck, lifts, lobbies, gym, and parking ramps. Photo anything concerning for negotiation leverage.
- 5.Internal pipes + electrical — for buildings 10+ years old, ask for a recent plumbing inspection report. Pipe replacement is a five-figure capex you don't want to discover post-VP.
Horizon Tower key facts
- Area
- Tanjung Bungah, Penang
- Type
- condominium
- Tenure
- freehold · residential
- Completed
- 1988
- Total units
- 56
- Asking PSF
- RM478–543
- Price from
- RM 1M
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Horizon Tower:
View full Horizon Tower profile →Tanjung Bungah — area snapshot
Full area guide →Tanjung 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 488K – RM 4.7M
asking prices in area
Active projects
2
selling or under construction
Subsale condos
14
completed projects
Total tracked
18
properties in this area
Horizon Tower subsale — common questions
Is Horizon Tower freehold?
Yes — freehold, residential title, a low-density (56-unit) seafront building in Tanjung Bungah, completed in 1988.
How big are the units at Horizon Tower?
Very large — roughly 1,900 to 2,360 sqft, which is why the per-square-foot figure is modest against a RM1M-plus price.
What are subsale prices at Horizon Tower?
Transactions sit around RM1.0M to RM1.28M, at roughly RM478-543 psf. WhatsApp Zac for current listings.
Can foreigners buy at Horizon Tower?
Yes — units clear Penang Island’s RM1,000,000 foreign-buyer threshold. State consent applies; Zac can confirm eligibility.
More on the neighbourhood:
Tanjung Bungah 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.