Straits Residences

Serviced Residence
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  • Community's Reviews


Kerjaya Prospek Group
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Developer of Straits Residences, Kerjaya Prospek Group


Infinity Lap Pool
Jacuzzi Pool
Wading Pool
Gym Room
Children's Play Area
Pool Deck
BBQ Area
Roof Garden

Straits Residences in Penang is a serviced residence development by Kerjaya Prospek Property Sdn Bhd. It is situated along Jalan Seri Tanjung Pinang, next to Straits Quay Marina Mall, and offers cosmopolitan seafront living a stone’s throw from Georgetown, further enhanced with privacy features.

The lifestyle development offers 246 freehold units with built-ups from 861 sq ft to 1,356 sq ft. Launch prices for the project ranged from RM1.02 mil onwards to RM1.80 mil onwards, or an average of about RM1,180 psf.

Home buyers and prospective investors can choose from six unit types offering 1-bedroom or 2-bedroom layouts, which have been designed to maximise use of space. All units are equipped with smart home technology such as digital door locks and voice assistance, providing convenience to residents while increasing value of the homes overall.

Leveraging on Straits Residences’ scenic site, unit types A, E and F come with a marina seaview, while type D is beautified by a panoramic seaview of Gurney Drive. Meanwhile, types B and C can choose between a view of the sea or Seri Tanjung Pinang itself.

In terms of pull factors, Straits Residences caters for upmarket sensibilities with its colonial architecture and design, along with amenities attuned to the needs of modern families.

A recreational deck located on the 29th floor of the building features an infinity lap pool, jacuzzi pool, wading pool, function room, gym room, nursery, children’s play area and pool deck. Roof top facilities include a barbeque area and roof garden.

The project’s location is a plus point, as it is situated within the luxurious neighborhood of Seri Tanjung Pinang, reported to be Penang Island’s largest masterplanned seafront project. The 12-acre development is strategically placed between the serene hills of Batu Ferringhi and bustling Gurney Drive.

It also benefits from proximity to the Straits Quay mall-cum-marina, which offers a wide range of attractions from boutiques, bistros, seafood restaurants, seaside cafes and bars to boat rides all set against the backdrop of a scenic waterfront environment.

In addition, the lifestyle shopping mall offers amenities such as grocery and local specialty stores, catering for the needs of residents in the project as well as the surrounding area. Tesco Seri Tanjung Pinang is also just a 10-minute walk away, for added convenience.

For those who want to enjoy the best of both worlds, they can take a 10-minute drive down to Gurney Drive to savour local delicacies at Gurney Drive Food Street, which is right next to the Gurney Plaza shopping haven.

Given the scarcity of land on Penang Island itself, many new developments are concentrated towards Batu Kawan, near the Second Penang Bridge. This positions Straits Residences as one of the few remaining high-rise gems to be found close to Georgetown, with a price tag to match.

Should the Penang Transport Master Plan proceed as proposed, the project also stands to benefit from proximity to the Tanjung Pinang monorail station in the Tanjung Tokong line, providing connectivity to further points of interest.

Pet Friendly
Eco Friendly (GBI)
Nearby Restaurants

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(Under Construction)
2020 Dec
(Year of Completion)
  • RM 1,022,000 - RM 1,897,000
  • NIL
  • NIL
  • NIL
Built Up
861 SQ. FT - 1,690 SQ. FT
Land Title
Total Blocks
Total Storey
Total Units

Floor Plans

Serviced Residence
Built Up
1356 SQ. FT

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

Nearby Amenities



Did you know?

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

Property Name Year of Completion Launch Price Ad Selling Price
Straits Residences Dec 2020 RM 1,022,000 - RM 1,897,000 NIL
Marinox Sky Villas 2016 From RM 819,000 RM 789,000 - RM 2,200,000
RM 515 psf - RM 1,020 psf
The Penthouse 2016 RM 3,500,000 - RM 5,000,000 RM 802,000 - RM 3,500,000
RM 438 psf - RM 700 psf
City Residence 2017 From RM 345,000 RM 900,000 - RM 1,870,000
RM 776 psf - RM 1,343 psf
The Landmark 2017 RM 1,677,500 - RM 3,132,800 RM 990,000 - RM 3,880,000
RM 1,239 psf - RM 1,291 psf
City Mall 2017 From RM 2,625,000 NIL
The Tamarind 2019 From RM 600,000 RM 710,000 - RM 1,250,000
RM 678 psf - RM 1,007 psf
36 For Sale in Marinox Sky Villas 16 For Rent in Marinox Sky Villas 2 For Sale in The Penthouse 2 For Rent in The Penthouse 6 For Sale in City Residence 8 For Rent in City Residence 2 For Sale in The Landmark 3 For Rent in The Landmark

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 (%)
Straits Residences Dec 2020 NIL NIL NIL NIL
Quayside Apr 2017 RM 940,000 - RM 3,800,000
RM 639 psf - RM 1,710 psf
RM 2,600 - RM 2,600 NIL 3.06 %
One One Eight 2012 RM 530,000 - RM 530,000
RM 757 psf - RM 757 psf
RM 2,800 - RM 2,800 NIL 6.34 %
Fettes Residences June 2011 RM 1,100,000 - RM 2,200,000
RM 616 psf - RM 1,000 psf
RM 3,000 - RM 3,000 NIL 2.91 %
The Brezza 2011 RM 630,000 - RM 1,200,000
RM 504 psf - RM 827 psf
RM 2,000 - RM 2,000 NIL 3.51 %
Straits Quay Nov 2010 RM 880,000 - RM 2,550,000
RM 880 psf - RM 1,438 psf
RM 2,500 - RM 2,500 NIL 3.5 %
Avalon Apr 2009 RM 3,200,000 - RM 5,300,000
RM 761 psf - RM 1,177 psf
RM 7,000 - RM 7,000 NIL 1.98 %
50 For Sale in Quayside 42 For Rent in Quayside 2 For Sale in One One Eight 2 For Rent in One One Eight 25 For Sale in Fettes Residences 17 For Rent in Fettes Residences 20 For Sale in The Brezza 30 For Rent in The Brezza

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 668 psf
Non Landed Properties
RM 942 psf
Landed Properties
RM 525 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 102,200
    Loan Amount ( 90 %) RM 919,800
    Tenure Years 35 Years
    Interest Rate 4.85%
    Others (Estimation) RM 10,000
    Apply now
    Monthly Installment
    RM 3,000 ±
    Mortgage Provided By Hong Leong Bank
    Maintenance Fee
    N / A
    RM N / A psf (861 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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