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Tanjung Tokong · Subsale Market

Straits Quay Suites @ Waterside Subsale — 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 RM703–1346 per sq ft (from roughly RM 796K). Note: it sits on commercial title, so utilities may be billed at commercial rates.

Available Listings

No listings currently on file. Zac may have off-market units available.

Ask Zac about availability

Why 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.

5 things to check before signing the Straits Quay Suites @ Waterside SPA

  1. 1.Sinking fund health — confirm the current balance and whether any special assessment is pending in the next 12 months.
  2. 2.Last 3 maintenance billings — verify payment is up to date and there are no outstanding dues from the seller.
  3. 3.JMC minutes (last 12 months) — look for recurring complaints, structural concerns, or planned major works.
  4. 4.Common-area condition — physically walk the pool deck, lifts, lobbies, gym, and parking ramps. Photo anything concerning for negotiation leverage.
  5. 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.

Straits Quay Suites @ Waterside key facts

Developer
E&O Property Development
Area
Tanjung Tokong, Penang
Type
serviced apartment
Tenure
freehold · commercial
Completed
2010
Total units
160
Asking PSF
RM703–1346
Price from
RM 796K

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 →

Tanjung Tokong — area snapshot

Full area guide →

Tanjung 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 300KRM 6.7M

asking prices in area

Active projects

2

selling or under construction

Subsale condos

24

completed projects

Total tracked

28

properties in this area

Straits Quay Suites @ Waterside subsale — common questions

Is Straits Quay Suites freehold?

Yes — freehold, on commercial title (serviced apartment), developed by E&O, completed in 2010 on the Straits Quay marina.

What are prices at Straits Quay Suites?

Asking prices start from about RM796K for smaller suites, up past RM1.8M for larger marina-facing units, at roughly RM703–1,346 psf. WhatsApp Zac for current listings.

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.

Can foreigners buy at Straits Quay Suites?

Smaller suites may fall below Penang Island’s RM1M foreign-buyer threshold, while larger units clear it. Ask Zac to confirm whether a specific unit qualifies for foreign purchase.

More on the neighbourhood:

Tanjung Tokong area guide — schools, transport, PSF, lifestyle scorecard →

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Same area family, same property type, similar price band — what most buyers actually cross-shop.

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