One One Eight Island Plaza 118 Tanjung Tokong
Discover the newest available units, prices, and deals for One One Eight Island Plaza 118 in Tanjung Tokong.If you’re looking to purchase, lease, or put your home on the market, get expert guidance now.
Property Overview
One One Eight Island Plaza 118 is a prestigious development located in the heart of Georgetown, Penang, offering a blend of modern luxury and urban convenience. This commercial and residential property features stylishly designed units, each with panoramic city or sea views. Residents and tenants enjoy top-notch facilities including a well-equipped fitness center, a serene swimming pool, and 24/7 security services.
Situated in a prime area, the property provides easy access to a myriad of nearby amenities such as shopping centers, gourmet restaurants, cafes, and educational institutions, making it an ideal choice for business owners and urban dwellers. The famous Gurney Drive and various cultural landmarks are just a short drive away, adding to the appeal.
The estimated price range for sale varies from MYR 1.2 million to MYR 2 million based on unit size and specifications. Rental prices typically start from MYR 3,500 per month, offering competitive options for those who wish to experience upscale living in one of Penang’s most sought-after locations.
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Why Should You Choose One One Eight Island Plaza 118, Tanjung Tokong
Transport & Connectivity
– Rapid Penang Bus Service: Offers frequent routes to George Town and other areas, approximately 0.5 km away.
– Gurney Drive: A major road providing access to the city center, about 1 km from Tanjung Tokong.
– Penang Ferry Terminal: Connects to mainland Malaysia, approximately 8 km distance.
Shopping & Dining
– Straits Quay Marina Mall: Offers a range of dining and shopping options, located around 1 km away.
– Gurney Plaza: A popular shopping center with diverse retail outlets, approximately 3 km from Tanjung Tokong.
– Tanjung Tokong Hawker Center: Local food stalls serving traditional Penang cuisine, about 0.5 km away.
Healthcare
– Penang Adventist Hospital: Provides comprehensive medical services, located roughly 5 km away.
– Island Hospital: Known for its specialized medical care, approximately 6 km from Tanjung Tokong.
– Tanjung Medical Centre: A nearby healthcare facility, around 1 km distance.
Education
– Tenby International School: Offers international curriculum, situated about 1.5 km away.
– Prince of Wales Island International School: Provides British education system, approximately 2 km from Tanjung Tokong.
– Dalat International School: American-based education curriculum, located around 3 km away.
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Frequently Asked Question
What you need to know before engaging our services
We shortlist properties based on your budget, preferred location, and requirements. We also handle negotiations and guide you through the buying process
It depends on your needs. New launch properties often offer early-bird discounts and incentives like rebates and lower upfront costs, but they take time to complete. Resale properties are ready to move in, allowing you to inspect the unit before buying. We can help you weigh the pros and cons based on your preferences.
You should have your identification card, proof of income (salary slip/KWSP record/bank statements), and a pre-approved home loan (if needed) to speed up the process.
Aside from the down payment (usually 10%), you’ll need to budget for stamp duty, lawyer costs, bank processing charges, and property assessment fees.
Yes! We study the property trends, compare past transactions, and negotiate with the property owner to help you secure the best deal.
We filter listings that fit your price range and preferences, arrange viewings, and negotiate rental terms with the landlord to finalize the best deal for you.
For renting a home, the renter typically pays an service charge, which is equal to one month’s rent, depending on the lease term.}
For renting, you will need your IC or passport, recent payslips, and possibly an employment letter. You may also need to provide a security deposit and utility deposits. Some landlords may request extra documents, depending on their requirements.
You are generally required to pay a 2-month security deposit, 1-month advance rent, and a utility deposit when renting a property.
If you want to terminate your tenancy early, you could forfeit your deposit unless you arrange for a replacement tenant, as most agreements require a minimum stay.