The Tamarind, launched in 2015, sits on the northeast corner of Penang Island in the exclusive waterfront township of Seri Tanjung Pinang along the coast of Tanjung Tokong. The fast-developing township is known for Straits Quay, Penang’s first retail marina. Here, you can find various leisure facilities like cafes, restaurants, beauty salons and one-of-a-kind retail outlets.
The two 33-storey towers of executive apartments are set within walking distance to Penang Performing Arts Centre, Tesco, where residents can do their grocery shopping, as well as Straits Green Playground By-The-Sea, an expansive public park with water features and playground equipment for children.
Educational facilities within Seri Tanjung Pinang itself are scarce, but the area is well-connected to other parts of the Penang Island like Tanjung Bungah, Batu Feringghi and George Town, which have an abundance of educational and medical facilities.
The Gurney Drive area, home to famous Penang shopping malls like Gurney Plaza and Gurney Paragon, can also be reached by car within less than 15 minutes. However, public transportation is not easy to come by in Seri Tanjung Pinang, with the nearest bus stop located in Tanjung Tokong.
The 1104 units of The Tamarind come with three bedrooms and two bathrooms each, and are sized from 1,042 sf onwards. In Type A, the public areas (the living, dining and kitchen) and private areas (bedrooms and bathrooms) are placed in different halves of the unit, while Type B and Type C place the public areas in the centre of the unit, with the private areas on both sides.
In line with its high-end surroundings, the seven-acre freehold land of The Tamarind is designed with lush landscaping and ample waterscapes, immersing residents in a luxurious, resort-like environment. Facilities include a jogging track, barbecue plaza, gym, yoga centre, multipurpose hall, a children’s crèche, al-fresco function area and not just one but three pools.
Established by a prestigious developer with a healthy track record, positioned in a sophisticated, classy neighbourhood, and priced competitively, The Tamarind is a good buy for young professionals and families looking to live and bring their children up in the vibrant seaside lifestyle of Seri Tanjung Pinang.
No articles available for this property.
Would you like to see our Articles page instead?
Plan a site visit, or request for more information on this floor plan now!
CLICK HERE TO USE MAP
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 (%) |
|---|---|---|---|---|---|
| The Tamarind | 2019 |
RM670,000
-
RM1,600,000
RM 639 psf - RM 1,318 psf |
RM1,500 - RM1,500 | NIL | 471.28 % |
| Quayside | Apr 2017 |
RM980,000
-
RM26,000,000
RM 666 psf - RM 8,392 psf |
RM2,000 - RM2,000 | NIL | 0.8 % |
| One One Eight | 2012 |
RM465,000
-
RM850,000
RM 731 psf - RM 958 psf |
RM1,800 - RM1,800 | NIL | 4.2 % |
| Fettes Residences | June 2011 |
RM1,050,000
-
RM2,000,000
RM 433 psf - RM 1,000 psf |
RM2,500 - RM2,500 | NIL | 3.19 % |
| The Brezza | 2011 |
RM600,000
-
RM1,250,000
RM 480 psf - RM 912 psf |
RM1,500 - RM1,500 | NIL | 3.08 % |
| Fettes Park | 2011 |
RM690,000
-
RM4,300,000
RM 627 psf - RM 833 psf |
NIL | NIL | NIL |
| Straits Quay | Nov 2010 |
RM660,000
-
RM4,600,000
RM 761 psf - RM 1,422 psf |
RM2,000 - RM2,000 | NIL | 2.05 % |
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 645 psf |
| 500 - 1,000 SQ. FT | RM 715 psf | - | RM 348 psf |
| 1,000 - 1,500 SQ. FT | RM 993 psf | - | - |
| 1,500 - 2,500 SQ. FT | RM 728 psf | - | - |
| 2,500 - 4,000 SQ. FT | RM 818 psf | RM 2,566,667 psf | - |
| 4,000 SQ. FT and above | RM 1,071 psf | RM 4,325,000 psf | - |
Note:
| Down Payment (10%) | RM 60,000 |
| Loan Amount ( 90 %) | RM 540,000 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
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.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
With PropSocial, everyone can now find their dream home. Looking to buy, sell or rent a home of The Tamarind? Fill in your details and we will get right back to you!
