The Penthouse, Tanjung Tokong

The Penthouse is a freehold condominium located in Tanjung Tokong, Penang Island. There are 22 units available at this project with built-up from 5,000 sf to 5,058 sf. It was developed by Tamarins Group with a launch price of about RM600 psf, and was completed around 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
Condominium
Land Tenure
Freehold
Built-up
5,000 sf - 5,058 sf
Market Price
RM3,800,000 - RM4,350,000
Density
22 Units
Completed In
2016
Launch Price
About RM600 psf

The only amenities nearby this condominium are schools. Several of the schools here include Pelita International School, SA Rendah Tuan Guru, SJK (C) Hun Bin 汉民小学 and Taska Lin (Small School).

The current rental yield of The Penthouse is around 2.78%, compared to 3.0% a year ago in Q4 2020. 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 RM760 psf. For price wise, the most expensive one is 5-bedroom / 5,000 sf with a median price of RM870 psf; while the cheapest one is 4-bedroom / 5,000 sf with a median price of RM760 psf.

Latest The Penthouse for sale listings:

DateTypeBuilt-upPrice
10 Dec 2021Duplex8,990 sfRM8,500,000
26 Oct 2021Condominium5,058 sfRM3,500,000
26 Oct 2021Condominium5,058 sfRM4,100,000
26 Oct 2021Condominium8,990 sfRM8,500,000
21 Oct 2021Penthouse5,058 sfRM3,500,000
21 Oct 2021Penthouse8,990 sfRM8,500,000
21 Oct 2021Penthouse5,058 sfRM4,100,000
29 Sep 2021Condominium5,000 sfRM3,500,000
5 Aug 2021Condominium5,000 sfRM3,500,000
1 Aug 2021Condominium5,058 sfRM4,450,000

Latest The Penthouse for rent listings:

DateTypeBuilt-upRental
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
24 Jul 2021Penthouse5,000 sfRM8,000
24 Jul 2021Penthouse5,058 sfRM8,000
19 Jul 2021Condominium5,000 sfRM8,000
23 Mar 2021Condominium5,000 sfRM8,000
18 Mar 2021Penthouse5,000 sfRM8,000
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