Tanjung Park

Persiaran Lengkuas 1, Fettes Park, 10470 Tanjung Tokong, Penang
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Developer of Tanjung Park, Ivory Properties Group Berhad
Ivory Properties Group Berhad
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Chinese ad 4621 326x150 01


Swimming pool
Wading pool
Barbecue pit
Landscaped garden

Property Details

(Year of Completion)
This project was completed 18 years ago
From RM620,000
From RM1,400
Built Up
950 SQ. FT - 3,900 SQ. FT
Land Title
Total Blocks
Total Storeys
Total Units


Tanjung Park is a two-block condominium located along the major road of Jalan Tanjung Tokong in the northeastern corner of the Penang Island. Easily recognisable due to its distinctive pitched roof design inspired by European architecture, the freehold property was completed more than a decade ago but still appears to be well maintained.

Tanjung Park is situated less than 7km from Komtar in Georgetown, making it a good location to stay in for those who work in the area, as well as in towns around Georgetown and Tanjung Tokong like Jelutong and Tanjung Bungah.

The condominium has a total of 285 units, consisting of typical units, executive units and penthouses, many of them sea-facing. Families will appreciate the spacious sizes of the units, as even the smallest typical units are about 950 sf, and go up to 3,900 sf. The executive units are slightly larger, ranging from 1,826 sf to 2,220 sf, while the duplex units and penthouses start from over 2,400 sf.

Prices of the residential units at Tanjung Park be it for purchase or rental are not low, (although still more affordable than the ultra-luxury properties in neighbourhoods like Seri Tanjung Pinang or Tanjung Bungah). However, that is to be expected as the luxurious property is set on prime area, close to commercial and retail developments. In fact, with the development of the surrounding areas, the property’s units will most certainly appreciate in value.

Just within walking distance of the condominium is the Island Plaza, Prima Tanjung and Precinct 10, where many eateries and shops can be found, while a little further away is the Straits Quay retail marina, Tesco Seri Tanjung Pinang, Gurney Drive and the bustling Pulau Tikus market.

Moreover, with its proximity to mature neighbourhoods like Pulau Tikus, Tanjung Bungah and Tanjung Tokong, there is no lack of schools, tertiary educational institutions and medical facilities within the vicinity of Tanjung Park.

In line with the condominium’s more upscale nature, it has quite a number of in-house facilities, such as a gym, swimming pool, children’s pool, playground, barbecue area, TV lounge, games room, sauna, laundromat and convenience store, making Tanjung Park an ideal place to stay for those who are looking for a blend of comfort and ease of access.

Pet Friendly
Eco Friendly (GBI)
Tanjung Tokong
Go To Neighbourhood

Allison Siew
It's located in a decent neighbourhood, but some people don't like the roof design and it is now blocked by another new condominium, so essentially, most of the seaview is gone.

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Nearby Amenities:


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 (%)
Tanjung Park 2004 RM401,533 - RM1,500,000
RM 281 psf - RM 824 psf
RM1,000 - RM1,000 RM666,333 (RM 653 psf) 2.25 %
The Latitude May 2015 RM790,000 - RM1,200,000
RM 512 psf - RM 750 psf
RM1,700 - RM1,700 NIL 2.88 %
Taman Bukit Erskine 2014 RM265,000 - RM310,000
RM 392 psf - RM 476 psf
RM650 - RM650 NIL 3.86 %
One One Eight 2012 RM499,000 - RM850,000
RM 731 psf - RM 785 psf
RM1,800 - RM1,800 RM450,000 (RM 775 psf) 4.09 %
Fettes Residences June 2011 RM1,100,000 - RM2,000,000
RM 604 psf - RM 1,000 psf
RM2,500 - RM2,500 RM1,146,000 (RM 545 psf) 3.14 %
The Brezza 2011 RM620,000 - RM1,250,000
RM 496 psf - RM 862 psf
RM1,500 - RM1,500 NIL 3.05 %
The Peak Residences 2011 RM520,000 - RM1,900,000
RM 389 psf - RM 700 psf
RM1,250 - RM1,250 RM544,125 (RM 533 psf) 1.71 %

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 - - RM 582 psf
500 - 1,000 SQ. FT RM 562 psf - RM 521 psf
1,000 - 1,500 SQ. FT RM 498 psf - RM 631 psf
1,500 - 2,500 SQ. FT RM 559 psf - -
2,500 - 4,000 SQ. FT - RM 554 psf -
4,000 SQ. FT and above - RM 556 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 440 psf
Non Landed Properties
RM 790 psf
Landed Properties
RM 516 psf
Commercial Properties


  • 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 62,000
Loan Amount ( 90 %) RM 558,000
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
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Monthly Installment
RM 3,000 ±
Maintenance Fee
RM171 ±
RM 0.18 psf (950 SQ. FT)
Total Monthly Expenses
RM 3,000 ±


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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