I-Santorini

Condominium Shop Office
Jalan Desiran Tanjung, 10470 Tanjung Tokong, Penang
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Developer

Ideal Property Group
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Developer of I-Santorini, Ideal Property Group
UDA Holdings Berhad
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Developer of I-Santorini, UDA Holdings Berhad

Facilities

Barbecue area
Cafeteria
Covered parking
Gymnasium
Jacuzzi
Jogging track
Playground
Sauna
Swimming pool
Wading pool
Tennis court

I-Santorini is an upcoming affordable but exquisite high-rise development by Ideal Property Group in Tanjung Tokong, Penang. It was previously planned for a 988-unit condominium project, but has been re-purposed for affordable housing.

Highlights of I-Santorini would be its close proximity to some of Penang’s attractions and destinations. These include the Penang Straits Quay Marina (5 minutes’ walking distance), Queensbay Mall (17km), Georgetown (9km), Gurney Plaza (1km), Batu Ferringhi (10km), Balik Pulau (2km), the Penang International Airport (1km) and the first Penang bridge (2km).

Located between Tesco Tanjung Tokong and Desiran Tanjung, you'll be able to find the place, if you follow the way to Marina Straits Quay or Tesco Tanjung Tokong.

There are three towers making up I-Santorini, comprising 2 parcels. Parcel 1 consists of 2 blocks of 48-storey residential towers (1,320 units) and 52 units of shop offices. Meanwhile, parcel 2 consists of 1 block of 49-storey residential tower (835 units) and 16 units of shop offices.

For residents’ convenience, 10 lifts will be servicing each block. Both parcels come with an 8-level multi-story carpark each and all affordable units have a standard built-up area of 850 sf.

When it comes to exterior, I-Santorini infuses the classy, laid-back Mediterranean architecture, inspired by the beautiful Santorini island of Greece.

As for facilities, the condominium offers a swimming pool, wading pool, jacuzzi, sauna, barbecue area, cafeteria, gymnasium, jogging track, playground, and tennis court.

Safety wise, I-Santorini will put its residents at ease with a guardhouse, access card system and CCTV surveillance. There are also fire safety features and flights of stairs on every end of each floor for escape purposes in case of emergency.

Units are launched at a standard price of RM430,000. To add there are also units priced at RM460,000, which will have better views of the waterfront.

All in all, the I-Santorini development is in line with the Penang State Government’s plan to provide affordable housing for the people of Penang and is a pleasing development with its unique Greek island inspired design.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (GBI)
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  • From RM 430,000
  • NIL
  • NIL
  • RM121/month
Built Up
From 850 SQ. FT
Land Title
Mixed
Tenure
Leasehold
Total Blocks
3
Total Storey
49
Total Units
2223
Parking
Min. 2

Floor Plans

Bedrooms
3
Bathrooms
2
Category
Condominium
Built Up
850 SQ. FT

Plan a site visit, or request for more information on this floor plan now!

Nearby Amenities

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Did you know?

Check out the value of surrounding recently completed properties to make the best buying decision.

Property Name Year of Completion Ad Selling Price Ad Rental Price Avg Transacted Price Avg Rental Yield (%)
I-Santorini 0 RM 460,000 - RM 488,000
RM 533 psf - RM 574 psf
RM 550 - RM 550 NIL 2.92 %
Quayside Apr 2017 RM 980,000 - RM 26,000,000
RM 666 psf - RM 8,392 psf
RM 2,500 - RM 2,500 NIL 0.82 %
One One Eight 2012 RM 442,000 - RM 530,000
RM 380 psf - RM 785 psf
RM 1,800 - RM 1,800 NIL 5.68 %
Fettes Residences June 2011 RM 1,100,000 - RM 2,000,000
RM 649 psf - RM 1,000 psf
RM 3,000 - RM 3,000 NIL 3.33 %
The Brezza 2011 RM 620,000 - RM 1,250,000
RM 496 psf - RM 862 psf
RM 1,600 - RM 1,600 NIL 3.11 %
Fettes Park 2011 RM 700,000 - RM 930,000
RM 775 psf - RM 777 psf
NIL NIL NIL
Straits Quay Nov 2010 RM 900,000 - RM 4,600,000
RM 836 psf - RM 1,422 psf
RM 2,500 - RM 2,500 NIL 2.07 %
4 For Sale in I-Santorini 33 For Rent in I-Santorini 55 For Sale in Quayside 81 For Rent in Quayside 3 For Sale in One One Eight 5 For Rent in One One Eight 19 For Sale in Fettes Residences 15 For Rent in Fettes Residences

Did you know?

Check out the past transacted prices of this neighbourhood to make the best buying decision.

Non-Landed Landed Commercial
0 - 500 SQ. FT - - -
500 - 1,000 SQ. FT - - -
1,000 - 1,500 SQ. FT - - -
1,500 - 2,500 SQ. FT - - -
2,500 - 4,000 SQ. FT - - -
4,000 SQ. FT and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 652 psf
Non Landed Properties
RM 833 psf
Landed Properties
RM 525 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees
  • My Affordability

    Down Payment (10%) RM 43,000
    Loan Amount ( 90 %) RM 387,000
    Tenure Years 35 Years
    Interest Rate 4.85%
    Others (Estimation) RM 10,000
    Apply now
    Monthly Installment
    RM 3,000 ±
    Maintenance Fee
    RM 121 ±
    RM 121.0 psf (850 SQ. FT)
    Total Monthly Expenses
    RM 3,000 ±

    Disclaimer

    The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.

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