Tanjung Bungah Β· Subsale Market
Springtide Residences 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.
Springtide Residences is a completed freehold condominium in Tanjung Bungah, Penang, completed in 2009 by Coronation Springs Sdn Bhd. It has 77 units. Subsale asking prices currently run about RM920β1053 per sq ft (from roughly RM 3.80M).
Price at a glance
Prices as at September 2026 β Subsale asking prices basis. Last checked 2026-09-11.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| 4 Bedroom Sky Home Β· 4-Bedroom Sky Home β 4,112-4,500 sqft | 4,112β4,500 | RM3.8M | ~RM844 |
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Springtide Residences 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 Springtide Residences.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
How Springtide Residences is priced within Tanjung Bungah
At roughly RM920 psf, Springtide Residences prices toward the upper end of Tanjung Bungah's condo band (RM513β1065 psf). Expect to justify that with something concrete: sea view, low density, branded management, or a genuinely superior position within the area.
vs NAPIC median
+80%
Area median RM510 psf (all residential)
Area gross yield
~4.5%
Typical for Tanjung Bungah condos
Building age
17 years
Completed 2009
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.
5 things to check before signing the Springtide Residences SPA
- 1.Sinking fund health β 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 β Verify payment is up to date and no dues are outstanding from the seller β arrears transfer with the unit, not the person.
- 3.JMC minutes (last 12 months) β 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 β Physically walk the pool deck, lifts, lobbies, gym and parking ramps. Photograph anything concerning β it is negotiation leverage.
- 5.Management track record β Ask who manages the building and how long they have held the contract. Frequent turnover of managing agents usually signals a difficult JMB.
Springtide Residences price 2026
What Springtide Residences trades at on the sub-sale market, last checked 2026-09-11.
| Asking from | RM3.8M β RM4.98M |
| PSF | RM920 β 1053 |
| Built-up | 4,112 β 5,221 sqft |
| Completed | 2009 |
| Units | 77 |
Verified sub-sale asking prices. Asking is not transacted β expect movement between the two.
The building is 17 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 β arrears across the building are the number that predicts your future maintenance bill.
A foreign buyer can purchase here β the RM1M minimum is cleared. Add the state levy, a flat 8% stamp duty and 3β4 months for state consent.
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.
Springtide Residences for sale & for rent
Looking to buy or rent a unit in Springtide Residences? 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.
Springtide Residences key facts
- Developer
- Coronation Springs Sdn Bhd
- Area
- Tanjung Bungah, Penang
- Type
- condominium
- Tenure
- freehold Β· residential
- Completed
- 2009
- Total units
- 77
- Asking PSF
- RM920β1053
- Price from
- RM 3.80M
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Springtide Residences:
View full Springtide Residences 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
- Grand OceanRM550K
- 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
- SkyhomeRM4.39M
Springtide Residences subsale β common questions
What is the price of Springtide Residences?
Springtide Residences runs RM3,800,000 to RM4,980,000. These are verified sub-sale asking prices, not transacted figures β expect movement between the two. That works out to about RM920β1,053 per square foot. Checked 2026-09-11.
Is Springtide Residences freehold or leasehold?
Springtide Residences is freehold, on a residential title. Those are two separate facts and only the first usually appears in marketing.
Can a foreigner buy at Springtide Residences?
Yes. Penang Island sets a RM1,000,000 minimum for foreign buyers. Add a state levy, a flat 8% stamp duty, and 3β4 months for state consent.
When was Springtide Residences completed?
Springtide Residences completed in 2009, developed by Coronation Springs Sdn Bhd. Units here trade sub-sale.
How big are the units at Springtide Residences?
Built-ups run 4,112 to 5,221 sq ft. There are 77 units in total.
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.