Tanjung Tokong Β· Subsale Market
The Tamarind 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.
The Tamarind is a completed freehold condominium in Tanjung Tokong, Penang, completed in 2019 by E&O Property Development. It has 1104 units. Subsale asking prices currently run about RM745β1098 per sq ft, with the typical unit asking around RM 894K (from roughly RM 780K).
Price at a glance
Prices as at September 2026 β Subsale asking prices basis. Last checked 2026-08-01.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 1,047β1,372 | RM780,000 | RM745 |
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a The Tamarind 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 Tamarind.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
How The Tamarind is priced within Tanjung Tokong
At roughly RM745 psf, The Tamarind 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
+26%
Area median RM589 psf (all residential)
Area gross yield
~4.2%
Typical for Tanjung Tokong condos
Building age
7 years
Completed 2019
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.
Before you sign at The Tamarind β the commercial-title checks
- 1.Utility tariff in practice β Commercial title usually means commercial TNB and water rates. Ask current owners what they actually pay monthly, not what the brochure implies.
- 2.Financing margin β Some banks cap loan-to-value lower on commercial-title residential units. Get an in-principle approval before you pay a booking fee.
- 3.Short-stay house rules β Serviced-apartment does not automatically mean Airbnb is allowed. Read the current house rules β management can and does restrict short-stay letting.
- 4.Resale buyer pool β Commercial title narrows who can buy from you later. Make sure the entry price reflects that, not just the location.
- 5.Maintenance rate per sq ft β Compare the psf maintenance charge against nearby residential-title blocks. On big units the annual gap is meaningful.
The Tamarind price 2026
What The Tamarind trades at on the sub-sale market, last checked 2026-08-01.
| Asking from | RM780,000 β RM1.45M |
| PSF | RM745 β 1098 |
| Built-up | 1,047 β 1,372 sqft |
| Completed | 2019 |
| Units | 1,104 |
Verified sub-sale asking prices. Asking is not transacted β expect movement between the two.
The building is 7 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporationβs problem and, through the sinking fund, partly yours. Check what was actually rectified.
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.
The Tamarind for sale & for rent
Looking to buy or rent a unit in The Tamarind? 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 Tamarind key facts
- Developer
- E&O Property Development
- Area
- Tanjung Tokong, Penang
- Type
- serviced apartment
- Tenure
- freehold
- Completed
- 2019
- Total units
- 1104
- Asking PSF
- RM745β1098
- Price from
- RM 780K
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on The Tamarind:
View full The Tamarind 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
- Straits Quay Suites @ WatersideRM638K
- Eight & EightRM691K
- City of DreamsRM700K
- City ResidenceRM700K
- Crown PenangRM704K
- Jazz ResidenceRM750K
- 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
The Tamarind subsale β common questions
What is the price of The Tamarind?
The Tamarind runs RM780,000 to RM1,450,000. These are verified sub-sale asking prices, not transacted figures β expect movement between the two. That works out to about RM745β1,098 per square foot. Checked 2026-08-01.
Is The Tamarind freehold or leasehold?
The Tamarind is freehold. We do not hold the land title class on record β confirm it with the developer, because a commercial title changes your utility tariffs and loan margin.
Can a foreigner buy at The Tamarind?
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 The Tamarind completed?
The Tamarind completed in 2019, developed by E&O Property Development. Units here trade sub-sale.
How big are the units at The Tamarind?
Built-ups run 1,047 to 1,372 sq ft. There are 1,104 units in total. At that density, expect to compete with a lot of near-identical units when you sell.
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.