Seri Tanjung Pinang, Tanjung Tokong · Completed 2019 · Subsale
The Tamarind
Two 33-storey freehold towers by E&O in Seri Tanjung Pinang, with 3-bedroom homes of 1,047–1,372 sq ft, a 1-acre beach-pool waterscape and Straits Quay about five minutes away on foot.
Replies on WhatsApp from Jason himself · No obligation
Answer block
The Tamarind at a glance
Every figure here comes from the developer, the government housing register or the property records named at the foot of the page. Where sources disagree, the range is shown. Where nobody has published a number, it is not on this page.
Development
The Tamarind
By E&O Property (Penang) Sdn Bhd, a subsidiary of Eastern & Oriental Berhad (E&O)
Address
Jalan Seri Tanjung Pinang 1
10470 Tanjung Tokong
Tenure
Freehold
Residential title per PropertyGuru’s launch review; E&O does not state the title type
Completed
2019
Brochure target was May 2019
Towers
2 × 33 storeys
552 units per tower
Units
1,104
One portal gives 1,106
Layouts
1,047–1,372 sq ft
All 3 bedrooms, 2 bathrooms
Foreign buyers
Generally not eligible
Most asking prices are below RM1 million
Why this address
Four things buyers weigh at The Tamarind
A freehold family flat in a planned seafront township. Here is the case, and the catch.
A walk to the seafront
Straits Quay and Lotus’s Tanjung Pinang are about five minutes on foot, and the seafront promenade is about 200 metres away.
Three bedrooms in every unit
All three layouts have 3 bedrooms and 2 bathrooms, from 1,047 to 1,372 sq ft, with two car park bays.
A 1-acre waterscape
The 2.2-acre facilities zone has a beach pool, freeform pool, wading pool, gym, yoga room and crèche.
What to weigh: density
With 1,104 units and about 19 units a floor, lifts and car parks are busy, and more Seri Tanjung Pinang supply may block some views.
The development
The Tamarind, decoded
Two towers of 552 units each on 7 acres of freehold land, above a 4-storey podium.
The towers
Facilities
As listed in E&O’s brochure and the 2016 launch review.
Water
Waterscape
- Beach pool
- Freeform swimming pool
- Wading pool
Active
Fitness
- Gym and yoga centre
- Jogging track
Residents
Shared spaces
- Kids’ crèche and multipurpose hall
- Outdoor playground
- BBQ plaza and al-fresco area
- Convenience store
Where the project is now
Layouts
All 3 The Tamarind layouts
3 layout types, from 1,047 to 1,372 sq ft. Sizes from the developer’s published plans, checked October 2026. Tap any layout and the drawing comes to your WhatsApp.
Type C — 1,047 sq ft
3 bed 2 bath · 1,047 sq ft · smallest layout
Get this floor planAsk price & availability →Type A — 1,372 sq ft
3 bed 2 bath · 1,372 sq ft · largest layout
Get this floor planAsk price & availability →Price and rent by layout
What each layout is asking at The Tamarind
Asking prices and rents seen on iProperty in October 2026, matched to each layout by size. Asking prices are not sale prices; compare them with the recorded transactions above.
| Layout | Size | Asking price | Asking rent | Listings |
|---|---|---|---|---|
| Type C | 1,047 sq ft | RM780,000–960,000 | RM2,100–4,500/mo | 51 |
| Type B | 1,241 sq ft | RM1.23m | RM4,000/mo | 2 |
| Type A | 1,372 sq ft | RM1.2m–1.39m | RM4,500/mo | 6 |
| – | about 1,600–1,700 sq ft | – | RM3,000/mo | 1 |
Gallery
The Tamarind in pictures
Images from the developer’s marketing material unless stated. Ask for the full set on WhatsApp.
Location & connectivity
Where The Tamarind sits
Jalan Seri Tanjung Pinang 1, Seri Tanjung Pinang, 10470 Tanjung Tokong, Penang.
The recorded numbers
The price numbers
Recorded sales and asking prices are different things. Transacted figures come from deals recorded with the government valuation department; asking figures are what owners or the developer are listing at.
| Measure | Figure | Source and date |
|---|---|---|
| Transacted price median, last 48 months | RM780 psf · typical RM714–879 psf | EdgeProp, viewed 2 Oct 2026 |
| Launch price 2015 | From about RM800,000 · from RM660 psf | PropertyGuru launch review, 2016 |
| Asking price for sale | From about RM750,000 · 1,047 sq ft units RM790–825k | PropertyGuru listings, Sep 2026 |
| Asking rent 3 bedrooms | About RM2,600–4,500 a month, most RM2,800–3,500 | PropertyGuru listings, Oct 2026 |
EdgeProp estimates the gross yield at about 4.4%. Listing figures are asking prices, not transactions.
Track record
About Eastern & Oriental Berhad
Eastern & Oriental Berhad (E&O) owns the E&O Hotel in George Town and developed the Seri Tanjung Pinang seafront township and Straits Quay marina.
The Tamarind was developed by its subsidiary E&O Property (Penang) Sdn Bhd.
The Tamarind was the group’s first executive apartment project, aimed at young families and professionals.
Around the building
What is near The Tamarind
The closest places on the map, measured in a straight line from the building. Driving distances are longer.
🚉 Getting around
- Perhentian Bas Tanjung Bunga~3.0 km
🛍️ Malls
- Straits Quay~400 m
- Island 88~900 m
- Precinct 10~1.0 km
🎓 Schools
- Stonyhurst International School Penang~300 m
- SK Tanjong Tokong~400 m
- Sekolah Jenis Kebangsaan (Cina) Hun Bin~600 m
- SMK Tanjong Bunga~1.9 km
🏛️ Colleges and universities
- College General~1.1 km
- Tunku Abdul Rahman University of Management and Technology Penang Branch~2.8 km
- Adventist College of Nursing & Health Sciences (ACNHS)~2.9 km
🏥 Hospitals
- Mount Miriam Cancer Hospital~1.1 km
- Penang Adventist Hospital~2.9 km
- Gleneagles Penang~3.5 km
Map data © OpenStreetMap contributors. Names as recorded on the map; check opening and enrolment details yourself.
Is it for you?
Which kind of buyer are you?
The same building suits different people for different reasons. Pick the line that sounds like you.
🏠 Living here yourself
Layouts here run from about 1,047 to 1,372 sq ft. Ask me which stacks get the better view and the least afternoon sun; that changes the price more than the floor.
💰 Buying to rent out
Compare the recorded rents in "The price numbers" above with the instalment on your loan. Smaller layouts usually rent faster; larger ones hold tenants longer.
👨👩👧 Family with children
Check the school and clinic distances in the location section, the number of car parks per unit and how busy the lifts are at 7.30 am.
✈️ Buying from overseas
Foreigners can only buy above the state minimum price and pay 8% stamp duty from 2026. Ask me which units here qualify before you shortlist.
Straight talk
What I will not hide from you
Every project has trade-offs. These are the ones I would want to know before paying a deposit.
- ⚠️ A newer project, so many owners are renting out at the same time. Expect competition for tenants for the first few years.
- ⚠️ Asking prices are not sale prices. Compare any offer with the recorded transacted price per sq ft above before you commit.
The real cost
What buying here costs in 2026
Worked example for a unit at RM800,000, around the typical asking price here. Your figures will differ with the price and the bank.
| Malaysian buyer (90% loan) | Foreign buyer (70% loan) | |
|---|---|---|
| Purchase price | RM800,000 | RM800,000 |
| Down payment | RM80,000 | RM240,000 |
| Loan amount | RM720,000 | RM560,000 |
| Stamp duty on transfer (MOT) | RM18,000 | RM64,000 |
| Stamp duty on loan (0.5%) | RM3,600 | RM2,800 |
| Lawyer, sale agreement (incl. 8% SST) | RM9,990 | RM9,990 |
| Lawyer, loan agreement (incl. 8% SST) | RM9,126 | RM7,398 |
| Cash needed before keys | RM120,716 | RM324,188 |
| State consent fee for foreigners | – | Set by each state; ask me for the figure |
Estimates only. Stamp duty: 1–4% tiers for Malaysians and PRs, 8% flat for foreigners from 1 Jan 2026. Legal fees follow the Solicitors’ Remuneration Order 2023. First-time Malaysian buyers of homes up to RM500,000 may get a stamp duty exemption until 2027. Valuation, disbursements and moving costs are not included.
Get these numbers for a real unitCalculate my exact costs →Straight answers
Frequently asked questions
Is The Tamarind freehold?
Yes. It sits on 7 acres of freehold land.
What sizes are available?
Three layouts of 1,047, 1,241 and 1,372 sq ft, each with 3 bedrooms and 2 bathrooms.
How much does it rent for?
Whole 3-bedroom units are listed at about RM2,600 to RM4,500 a month, with most between RM2,800 and RM3,500.
Can a foreigner buy here?
On Penang Island a foreigner can generally buy a strata home priced at RM1 million or more (RM3 million for landed homes), with state consent from the Penang Land and Mines Office. The state charges an approval levy of 3% of the price, reduced to 1.5% for island strata homes priced between RM1 million and RM1.5 million, and a foreign owner may resell only after three years from the SPA date. Stamp duty on the transfer of a home is a flat 8% for foreign buyers from 1 January 2026.
Berapa harga The Tamarind?
Harga transaksi median ialah RM780 sekaki persegi (EdgeProp, 48 bulan terakhir). Unit 1,047 kaki persegi ditawarkan sekitar RM790,000 hingga RM825,000.
The Tamarind 价格多少？
根据EdgeProp，过去48个月成交中位价约每平方尺RM780；1,047平方尺单位目前挂牌约RM79万至RM82.5万。永久地契，2019年完工。
Which schools are near The Tamarind?
On map data, the nearest schools are Stonyhurst International School Penang (~300 m), SK Tanjong Tokong (~400 m), Sekolah Jenis Kebangsaan (Cina) Hun Bin (~600 m). Distances are straight-line from the building.
Is there a train or bus station near The Tamarind?
The nearest stations on map data are Perhentian Bas Tanjung Bunga (~3.0 km).
What is the nearest hospital and mall to The Tamarind?
The nearest hospital on map data is Mount Miriam Cancer Hospital (~1.1 km), and the nearest mall is Straits Quay (~400 m).
How much cash do I need to buy at The Tamarind?
For a unit at RM800,000,, a Malaysian buyer with a 90% loan needs about RM7,398 before getting the keys, covering the down payment, stamp duty and legal fees. A foreign buyer with a 70% loan needs about RM120,716, before the state consent fee. The full table is in "What buying here costs in 2026".
Compare
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Alila2
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View project →Get the current price list and units available at The Tamarind
Prices move and the better units go first. Tell me your budget and whether you are buying to live in or to rent out, and I will send back the units that fit, not a generic brochure.
Buying, selling or renting: one conversation, no obligation.
Jason Lim
10 years in Malaysian property · Johor Bahru & Kuala Lumpur · REN 84424 · IQI Realty Sdn. Bhd. E (1) 1584/6
I work with local families, investors and buyers from Singapore and overseas. If a project is not right for what you need, I will say so; that is usually worth more than the brochure.