Tanjung Tokong Β· Subsale Market
Straits Quay Suites @ Waterside Subsale β Tanjung Tokong, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
Straits Quay Suites @ Waterside is a completed freehold condominium in Tanjung Tokong, Penang, completed in 2010 by E&O Property Development. It has 160 units. Subsale asking prices currently run about RM734β1346 per sq ft, with the typical unit asking around RM 840K (from roughly RM 638K). Note: it sits on commercial title, so utilities may be billed at commercial rates.
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 |
|---|---|---|---|
| Studio / 1 Bedroom Β· Studio/1BR β 853-1,000 sqft | 853β1,000 | RM638,000 | ~RM638 |
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Straits Quay Suites @ Waterside subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Tanjung Tokong's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Straits Quay Suites @ Waterside.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
How Straits Quay Suites @ Waterside is priced within Tanjung Tokong
At roughly RM734 psf, Straits Quay Suites @ Waterside sits toward the value end of Tanjung Tokong's condo band (RM648β1134 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
+25%
Area median RM589 psf (all residential)
Area gross yield
~4.2%
Typical for Tanjung Tokong condos
Building age
16 years
Completed 2010
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.
The Straits Quay Suites @ Waterside pre-purchase checklist
- 1.Remaining lease (if leasehold) β Ask for the exact expiry year. Banks tighten lending as the remaining term shortens, which affects both your loan and your future buyer's.
- 2.Outstanding charges and caveats β Your lawyer should run a full land search for caveats, charges or restrictions in interest before you release any deposit.
- 3.Genuine transacted comparables β Ask for recent transacted prices in the same block, not asking prices. Asking prices tell you what sellers hope for, not what the market pays.
- 4.Exit tax position β Model your RPGT before you buy, not when you sell. Holding period changes the maths substantially, especially for foreign owners.
- 5.Vacant possession terms β Agree in writing what stays β air-conditioners, built-ins, curtains, lights. Fixture disputes at handover are entirely avoidable.
Straits Quay Suites @ Waterside price 2026
What Straits Quay Suites @ Waterside trades at on the sub-sale market, last checked 2026-09-11.
| Asking from | RM638,000 β RM1.7M |
| PSF | RM734 β 1346 |
| Built-up | 853 β 1,800 sqft |
| Completed | 2010 |
| Units | 160 |
Verified sub-sale asking prices. Asking is not transacted β expect movement between the two.
The building is 16 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 by the larger units, though not at the entry price. 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.
Straits Quay Suites @ Waterside for sale & for rent
Looking to buy or rent a unit in Straits Quay Suites @ Waterside? 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.
Straits Quay Suites @ Waterside key facts
- Developer
- E&O Property Development
- Area
- Tanjung Tokong, Penang
- Type
- serviced apartment
- Tenure
- freehold Β· commercial
- Completed
- 2010
- Total units
- 160
- Asking PSF
- RM734β1346
- Price from
- RM 638K
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Straits Quay Suites @ Waterside:
View full Straits Quay Suites @ Waterside profile βTanjung Tokong β area snapshot
Full area guide βTanjung Tokong is Penang Island's most active condo market, anchored by Straits Quay and home to a mix of expat and local upgrader demand. Low-density and ultra-luxury projects command significant premiums here.
Price range
RM 370K β RM 7.5M
asking prices in area
Active projects
3
selling or under construction
Subsale condos
23
completed projects
Total tracked
27
properties in this area
Other projects in Tanjung Tokong
All 26 others we track here, cheapest first β 3 of them still selling.
- Skyridge GardenRM370K
- The LandmarkRM550K
- The MegRM600K
- Eight & EightRM691K
- City of DreamsRM700K
- City ResidenceRM700K
- Crown PenangRM704K
- Jazz ResidenceRM750K
- The TamarindRM780K
- Marinox Sky VillasRM800K
- Arica @ Andaman IslandRM800K
- 18 East at AndamanRM1.1M
- Fettes ResidenceRM1.14M
- Vantage Desiran TanjungRM1.18M
- Andaman @ QuaysideRM1.28M
- Ariza Seafront TerracesRM2.7M
- Avalon @ Seri Tanjung PinangRM3.3M
- The PenthouseRM3.46M
- Acacia @ Seri Tanjung PinangRM3.7M
- AmarisRM4M
- Andorra Skyloft TerracesRM4M
- SkyeRM4M
- CaspianRM4.6M
- Cayman Super Semi-DRM6.1M
- MartiniqueRM6.7M
- AbrezzaRM7.5M
Straits Quay Suites @ Waterside subsale β common questions
What is the price of Straits Quay Suites @ Waterside?
Straits Quay Suites @ Waterside runs RM638,000 to RM1,700,000. These are verified sub-sale asking prices, not transacted figures β expect movement between the two. That works out to about RM734β1,346 per square foot. Checked 2026-09-11.
Is Straits Quay Suites @ Waterside freehold or leasehold?
Straits Quay Suites @ Waterside is freehold, on a commercial title. Those are two separate facts and only the first usually appears in marketing. A commercial title means commercial utility and assessment tariffs, and a tighter loan margin at most banks.
Can a foreigner buy at Straits Quay Suites @ Waterside?
Yes, on the larger units. Penang Island sets a RM1,000,000 minimum for foreign buyers, which the entry price does not clear. Add a state levy, a flat 8% stamp duty, and 3β4 months for state consent.
When was Straits Quay Suites @ Waterside completed?
Straits Quay Suites @ Waterside completed in 2010, developed by E&O Property Development. Units here trade sub-sale.
How big are the units at Straits Quay Suites @ Waterside?
Built-ups run 853 to 1,800 sq ft. There are 160 units in total.
What does commercial title mean here?
Utilities may be billed at commercial rates and financing terms can differ from residential; it also suits short-stay/serviced letting. Ask Zac for the practical implications.
More on the neighbourhood:
Tanjung Tokong 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.