The Penthouse, Tanjung Tokong

The Penthouse is a freehold condominium that is located in Tanjung Tokong, Penang Island. There are 22 units available at this condominium with built-up from 5,000 sf to 8,990 sf. It was developed by Tamarins Group with a launch price of about RM600 psf, and was completed in about 2016.

Tamarins Group is a small-scale property development group, and it has developed about 4 property projects in Malaysia. Other similar projects by the same developer are Hexagon Tech Park, The Park and Wisma Lister Garden.

Property Type
Land Tenure
5,000 sf - 8,990 sf
Market Price
RM3,500,000 - RM8,540,000
Total Units
22 Units
Completion Date
Launch Price
About RM600 psf

The only amenities nearby this condominium are some schools. Several of the schools here include Pelita International School and SJK (C) Hun Bin 汉民小学.

The current rental yield of The Penthouse is around 2.91%, compared to 3.24% a year ago in Q3 2021. The highest rental yield ever recorded was 4.11% in Q4 2018; while the lowest one was 2.34% in Q1 2021. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at The Penthouse is 4-bedroom / 5,000 sf with a median price of RM700 psf. For price wise, the most expensive one is 7-bedroom / 8,990 sf with a median price of RM950 psf; while the cheapest one is 4-bedroom / 5,000 sf with a median price of RM700 psf.

Latest The Penthouse sale listings:

DateProperty TypeBuilt-upPrice
19 Sep 2023Condominium5,000 sfRM4,500,000
19 Sep 2023Condominium5,000 sfRM4,500,000
21 Jul 2023Condominium9,000 sfRM8,800,000
18 Jul 2023Penthouse5,000 sfRM3,490,000
2 Jul 2023Condominium8,990 sfRM8,500,000
2 Jul 2023Condominium5,058 sfRM4,100,000
7 Jun 2023Condominium5,000 sfRM3,490,000
15 May 2023Condominium5,000 sfRM3,500,000
13 May 2023Condominium9,000 sfRM8,000,000
14 Jan 2023Penthouse5,000 sfRM3,500,000

Latest The Penthouse rental listings:

DateProperty TypeBuilt-upRental
27 Jun 2023Condominium5,000 sfRM10,000
20 May 2023Condominium5,058 sfRM8,500
18 May 2023Condominium5,058 sfRM10,000
21 Dec 2022Penthouse5,000 sfRM8,500
7 Oct 2022Condominium5,000 sfRM8,500
13 Dec 2021Penthouse5,000 sfRM10,000
5 Nov 2021Penthouse5,000 sfRM8,000
2 Nov 2021Penthouse5,000 sfRM8,000
26 Oct 2021Condominium5,056 sfRM9,500
13 Aug 2021Penthouse5,058 sfRM12,000
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