Tanjung Pinang · Subsale Market
i-Santorini @ Tanjung Pinang Subsale — Tanjung Pinang, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
i-Santorini @ Tanjung Pinang is a completed leasehold condominium in Tanjung Pinang, Penang, completed in 2019 by Ideal Property Group. It has 2155 units. Subsale asking prices currently run about RM575–624 per sq ft, with the typical unit asking around RM 497K (from roughly RM 385K).
Price at a glance
Prices as at November 2026 — Subsale asking prices basis. Last checked 2026-10-04.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 850 | RM385,000 | RM575 |
Zac’s Take
Zac Ong
i-Santorini is one of the largest developments in Tanjung Tokong: 2,155 leasehold three-bedroom homes of about 850 sq ft, by Ideal Property Group, in towers of up to 49 storeys.
It was built as affordable housing, and prices reflect that. Resale listings run from about RM385,000 to RM700,000, with most trading around RM530–580 per sq ft, roughly RM450,000–490,000 for a typical unit. Long lets start at around RM2,000 a month.
With more than 2,000 identical homes, you'll always be competing with similar listings, so condition and view decide value. It's leasehold and may carry affordable-housing resale conditions, so check the title. It's below the RM1M foreign-buyer minimum.
Reviews and comparisons
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy an i-Santorini @ Tanjung Pinang 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 Pinang's noise levels, traffic, neighbour mix, and JMC quality are known quantities at i-Santorini @ Tanjung Pinang.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
How i-Santorini @ Tanjung Pinang is priced within Tanjung Pinang
At roughly RM575 psf, i-Santorini @ Tanjung Pinang sits toward the value end of Tanjung Pinang's condo band (RM575–1696 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.
Building age
7 years
Completed 2019
This band is derived from the 4 tracked condo projects we hold PSF data for in Tanjung Pinang — indicative only, not a published transaction range. Compare against the Penang Price Index for areas with fuller benchmark data. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.
5 things to check before signing the i-Santorini @ Tanjung Pinang SPA
- 1.Sinking fund health — Confirm the current balance and whether any special assessment is pending in the next 12 months. A thin sinking fund on an ageing building means you inherit the bill.
- 2.Last 3 maintenance billings — Verify payment is up to date and no dues are outstanding from the seller — arrears transfer with the unit, not the person.
- 3.JMC minutes (last 12 months) — Look for recurring complaints, structural concerns, or planned major works. This is the single most revealing document most buyers never ask for.
- 4.Common-area condition — Physically walk the pool deck, lifts, lobbies, gym and parking ramps. Photograph anything concerning — it is negotiation leverage.
- 5.Management track record — Ask who manages the building and how long they have held the contract. Frequent turnover of managing agents usually signals a difficult JMB.
i-Santorini @ Tanjung Pinang price 2026
What i-Santorini @ Tanjung Pinang trades at on the sub-sale market, last checked 2026-10-04.
| Asking from | RM385,000 – RM700,000 |
| PSF | RM575 – 624 |
| Built-up | 850 sqft |
| Completed | 2019 |
| Units | 2,155 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
The building is 7 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporation’s problem and, through the sinking fund, partly yours. Check what was actually rectified.
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 — and if you are near the five-to-six-year line, the date matters more than the price.
i-Santorini @ Tanjung Pinang for sale & for rent
Asking rents at i-Santorini @ Tanjung Pinang ran from about RM1,400–2,200 a month in September–October 2026, for 850 sq ft three-bedroom homes, the top end fully furnished and renovated. Rents depend on the floor, view and furnishing, so message Zac for what is actually available to buy or rent today.
i-Santorini @ Tanjung Pinang key facts
- Developer
- Ideal Property Group
- Area
- Tanjung Pinang, Penang
- Type
- mixed
- Tenure
- leasehold
- Completed
- 2019
- Total units
- 2155
- Asking PSF
- RM575–624
- Price from
- RM 385K
Tanjung Pinang — area snapshot
Price range
RM 1.1M – RM 1.1M
asking prices in area
Active projects
0
selling or under construction
Subsale condos
1
completed projects
Total tracked
2
properties in this area
Other projects in Tanjung Pinang
Other projects in Tanjung Pinang
The only other project we track here.
- Straits ResidencesRM1.09M
i-Santorini @ Tanjung Pinang subsale — common questions
What is the price of i-Santorini @ Tanjung Pinang?
i-Santorini @ Tanjung Pinang runs RM385,000 to RM700,000. These are verified sub-sale asking prices, not transacted figures — expect movement between the two. That works out to about RM575–624 per square foot. Checked 2026-10-04.
Is i-Santorini @ Tanjung Pinang freehold or leasehold?
i-Santorini @ Tanjung Pinang is leasehold. I have not been able to confirm the land title class — check it with the developer, because a commercial title changes your utility tariffs and loan margin.
Can a foreigner buy at i-Santorini @ Tanjung Pinang?
Yes, if you are on MM2H. MM2H participants can buy residential property in Penang from RM500,000 (up to two homes), and i-Santorini @ Tanjung Pinang is priced above that. Other foreign buyers need RM1,000,000 for strata property on the island, which homes here do not reach. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.
How much is the rent at i-Santorini @ Tanjung Pinang?
Asking rents ran from RM1,400 to RM2,200 a month in September–October 2026, for 850 sq ft three-bedroom homes, the top end fully furnished and renovated. These are asking rents on the main property portals, not signed leases. Short-term holiday letting isn't allowed in condos on Penang Island, so think in one- or two-year tenancies.
When was i-Santorini @ Tanjung Pinang completed?
i-Santorini @ Tanjung Pinang was completed in 2019 by Ideal Property Group, so homes here are bought from existing owners.
How big are the homes at i-Santorini @ Tanjung Pinang?
Homes range from about 850 sq ft. There are 2,155 homes in total. With that many, expect plenty of similar units on the market when you come to sell.