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The Penthouse is an ultra-luxurious condominium residence located at Tanjung Tokong, Penang. The residence towers over the bustling town below at 29 storeys tall, with merely 22 exclusive condominium and duplex homes.
The Penthouse offers expansive homes, with built-up spaces rivalling those of landed properties, albeit with better vistas of the sea. The homes redefine high-rise living, with the designation of “sky bungalows” with floor to ceiling windows which impart an added sense of vastness to the homes, and large sliding doors opening up to balconies positioned to make the best of the views. Exquisite details and finishings also set the homes apart, with marble and Burmese hard wood flooring to jacuzzi bath tubs and even Samsung’s high-tech “Push Pull” digital Smart Door and Video Intercom System.
Condominium units at The Penthouse are a capacious 5,000 sf with a well-thought out layout design which enables every room to have views of the surroundings. The single storey units offer a versatile 4+2 bedrooms and 4+2 bathrooms, a perfect fit for any individual and family. The duplex Penthouse units on the other hand, are a staggering 9,000 sf in built-up space, offering the ultimate lavishness of space even in a high-rise residence, with high ceilings and even loftier glass windows.
Facilities offered at The Penthouse are more than just conveniences, but a mark of unprecedented opulence. The residence is the first residence of its kind in the country to offer a 24-hour chilled wine cellar where residents can store anything from their everyday vins de table to prized decades-old vins de pays with capacity for over 800 bottles. Leisurely facilities like an infinity pool seemingly at one with the Straits of Malacca, a whirring jacuzzi, steam room, yoga deck, foot reflexology and entertainment room are some of the indulgent features residents can savour.
Needless to say, the homes and the luxuries they offer will come at a price. However, those able to afford the steep prices of RM3 million to RM5 million can be assured of convenient living at new heights.
The Penthouse also ensures convenient everyday living, with its location within the vibrant town of Tanjung Tokong, where established commercial hubs within its vicinities where restaurants, banks, convenience stores, hair salons and even spas are never out of reach. The Seri Tanjung Pinang development is also nearby, with a Tesco hypermarket and the Straits Quay Marina Mall where grocery, entertainment and even retail therapy needs are provided for. Schools nearby include SJK (C) Hun Bin, SK Tanjong Tokong, and the Pelita International School.
Accessibility is also convenient, with The Penthouse situated just off Jalan Tanjong Tokong. This main road connects the residence to other parts of the city, ending at the peripheries of Gurney Drive where Jalan Kelawai continues on to Georgetown just 15 minutes away. The popular beachside town of Batu Ferringhi is also further up north along the road about 30 minutes away. From Georgetown, Pengkalan Weld further leads to the Tun Dr. Lim Chong Eu Expressway which can lead to the first Penang bridge.
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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 (%) |
---|---|---|---|---|---|
The Penthouse | 2016 |
RM802,000
-
RM4,000,000
RM 438 psf - RM 800 psf |
RM8,000 - RM8,000 | NIL | 6.0 % |
Quayside | Apr 2017 |
RM980,000
-
RM26,000,000
RM 666 psf - RM 8,392 psf |
RM2,000 - RM2,000 | NIL | 0.8 % |
The Latitude | May 2015 |
RM700,000
-
RM1,200,000
RM 465 psf - RM 750 psf |
RM1,700 - RM1,700 | NIL | 3.01 % |
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 |
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 794 psf | - | - |
1,500 - 2,500 SQ. FT | RM 663 psf | - | - |
2,500 - 4,000 SQ. FT | RM 655 psf | RM 2,566,667 psf | - |
4,000 SQ. FT and above | RM 850 psf | RM 4,445,455 psf | - |
Note:
Down Payment (10%) | RM 350,000 |
Loan Amount ( 90 %) | RM 3,150,000 |
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.
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