Tanjung Tokong, Penang Island

Tanjung Tokong (also known as Tanjong Tokong) is a freehold town that is located in Penang Island, Penang. It is a popular location for expats who are interested in a great blend of city life and tropical living. The community enjoys proximity to the city center while also getting to enjoy the benefits of living near the seaside. Another attractive aspect of the neighborhood is that it is home to several top-rated international schools, which makes it the perfect place for families with children. Additionally, the famous Penang Avatar Secret Garden and Pearl Garden Cafe seafood restaurant provide even more entertainment for locals and visitors alike. However, the downside of this popularity is that the roads can become quite congested closer to sunset as locals and tourists flock to these locations, making parking a difficult undertaking.

The built-up available in this town is 1,200 sf to 12,457 sf for houses. Other neighbouring towns nearby are Botanic Gardens, Gurney Drive, Mount Erskine, Penang Turf Club, Permai Village, Pulau Tikus, Seri Tanjung Pinang and Tanjung Bungah.

Property Type
Land Tenure
1,200 sf - 12,457 sf (House)
Market Price
RM880,000 - RM12,830,000 (House)
Total Units
Completion Date
Launch Price

This town has some amenities nearby, i.e. universities, schools and hospitals. The following are some of the major universities here:

As for schools, there are Dalat International School, Pelita International School, SJK (C) Hun Bin 汉民小学, SK Tanjung Bunga, SMK Tanjong Bunga and Tenby Schools Penang. There are also some hospitals here, for example Gleneagles Hospital Penang, Island Hospital, Penang Adventist Hospital and Penang General Hospital.

The current rental yield of Tanjung Tokong is 2.71% for houses. The highest rental yield ever recorded was 3.61% in Q4 2018 (house); while the lowest one was 1.69% in Q3 2021 (house). Meanwhile, the most common unit layouts and sizes available here are as follows:

House Layouts

The most popular layout and size (built-up) combination at Tanjung Tokong for houses is 5-bedroom / 4,000 sf with a median price of RM870 psf. For price wise, the most expensive one is 9-bedroom / 6,000 sf with a median price of RM1,470 psf; while the cheapest one is 7-bedroom / 5,000 sf with a median price of RM400 psf.

Latest Tanjung Tokong sale listings:

DateProperty TypeBuilt-upPrice
TodayCondominium1,519 sfRM1,180,000
TodayCondominium900 sfRM690,000
TodayCondominium1,450 sfRM830,000
TodayCondominium1,632 sfRM1,930,000
TodayCondominium1,183 sfRM584,000
TodayCondominium2,101 sfRM2,580,000
TodayCondominium1,184 sfRM648,800
YesterdaySOHO615 sfRM499,000
YesterdayCondominium1,195 sfRM584,000

Latest Tanjung Tokong rental listings:

DateProperty TypeBuilt-upRental
TodayCondominium850 sfRM1,700
TodayMedium Room-NA-RM400
TodayCondominium2,100 sfRM3,000
TodayCondominium850 sfRM1,300
TodayApartment700 sfRM400
TodayApartment2,600 sfRM5,000
TodayLow-Cost Flat680 sfRM800
YesterdayMedium Room-NA-RM500
2 Dec 2023Condominium1,450 sfRM3,000
30 Nov 2023Condominium1,047 sfRM2,500
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