Pulau Tikus Β· Subsale Market
The Cantonment Subsale β Pulau Tikus, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
The Cantonment is a completed freehold condominium in Pulau Tikus, Penang, completed in 2015 by Melariang Sdn. Bhd. (Malton). It has 71 units. Subsale asking prices currently run about RM900β1480 per sq ft (from roughly RM 1.23M).
Price at a glance
Prices as at September 2026 β Subsale asking prices basis. Last checked 2026-07-30.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 1,000β5,500 | RM1.234M | RM900 |
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a The Cantonment subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Pulau Tikus's noise levels, traffic, neighbour mix, and JMC quality are known quantities at The Cantonment.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
How The Cantonment is priced within Pulau Tikus
At roughly RM900 psf, The Cantonment sits toward the value end of Pulau Tikus's condo band (RM900β1480 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
+152%
Area median RM357 psf (all residential)
Area gross yield
~4%
Typical for Pulau Tikus condos
Building age
11 years
Completed 2015
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 The Cantonment 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.
The Cantonment price 2026
What The Cantonment trades at on the sub-sale market, last checked 2026-07-30.
| Asking from | RM1.23M β RM5.25M |
| PSF | RM900 β 1480 |
| Built-up | 1,000 β 5,500 sqft |
| Completed | 2015 |
| Units | 71 |
Verified sub-sale asking prices. Asking is not transacted β expect movement between the two.
The building is 11 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.
The Cantonment for sale & for rent
Looking to buy or rent a unit in The Cantonment? 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.
The Cantonment key facts
- Developer
- Melariang Sdn. Bhd. (Malton)
- Area
- Pulau Tikus, Penang
- Type
- condominium
- Tenure
- freehold Β· residential
- Completed
- 2015
- Total units
- 71
- Asking PSF
- RM900β1480
- Price from
- RM 1.23M
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on The Cantonment:
View full The Cantonment profile βPulau Tikus β area snapshot
Full area guide βPulau Tikus is a mature, low-rise residential neighbourhood favoured for its quiet streets and proximity to international schools. Low new supply makes completed units here relatively scarce.
Price range
RM 800K β RM 3.9M
asking prices in area
Active projects
0
selling or under construction
Subsale condos
5
completed projects
Total tracked
7
properties in this area
Other projects in Pulau Tikus
All 6 others we track here, cheapest first β all trading sub-sale.
- CascadiaRM800K
- ArcadiaRM850K
- Codrington ResidenceRM1.4M
- Moulmein RiseRM2.18M
- Cantonment ResidenceRM2.6M
- The AntonRM3.9M
The Cantonment subsale β common questions
What is the price of The Cantonment?
The Cantonment runs RM1,234,500 to RM5,250,000. These are verified sub-sale asking prices, not transacted figures β expect movement between the two. That works out to about RM900β1,480 per square foot. Checked 2026-07-30.
Is The Cantonment freehold or leasehold?
The Cantonment is freehold, on a residential title. Those are two separate facts and only the first usually appears in marketing.
Can a foreigner buy at The Cantonment?
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 The Cantonment completed?
The Cantonment completed in 2015, developed by Melariang Sdn. Bhd. (Malton). Units here trade sub-sale.
How big are the units at The Cantonment?
Built-ups run 1,000 to 5,500 sq ft. There are 71 units in total.
More on the neighbourhood:
Pulau Tikus 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.