penangproperty

Tanjung Tokong · Subsale Market

The Meg 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.

The Meg is a completed freehold condominium in Tanjung Tokong, Penang, completed in 2026 by Eastern & Oriental Berhad. It has 1020 units. Asking prices vary by floor, view and renovation — WhatsApp Zac for the current shortlist.

Available Listings

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

Ask Zac about availability

Why buy a The Meg 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 The Meg.

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 The Meg 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.

The Meg key facts

Developer
Eastern & Oriental Berhad
Area
Tanjung Tokong, Penang
Type
serviced apartment
Tenure
freehold · residential
Completed
2026
Total units
1020

Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on The Meg:

View full The Meg 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

The Meg subsale — common questions

How much is The Meg at Andaman Island per square foot?

Positioned in the premium E&O bracket. Exact PSF varies materially by floor and sea-view orientation — high-floor sea-fronting commands a clear premium over pool-deck-facing. Request the live price list.

Who is the developer of The Meg Penang?

Eastern & Oriental Berhad (E&O), the heritage Penang luxury developer behind the Seri Tanjung Pinang master-plan including Quayside, Andaman, Ariza and Maris.

When will The Meg Penang be completed?

Under construction; exact handover should be confirmed with the developer at booking stage. Branded developer-grade fit-out typically extends timeline beyond shell completion.

Is The Meg suitable for foreign buyers?

Yes. Pricing sits comfortably above the RM1M Penang Island foreign-buyer floor, and the project is structured for foreign purchase with standard state consent. MM2H holders qualify for FD utilisation.

What is the difference between The Meg and Maris by E&O?

Both are E&O on Andaman Island. Maris is the mid-rise residential condo. The Meg is the vertical sea-fronting high-rise — more view-led, more aspirational positioning, with higher view-floor premium spread.

More on the neighbourhood:

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

Substitutes worth comparing

Open full comparison →

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

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