Straits Residence Tanjung Tokong
Discover the latest listings, prices, and best prices for Straits Residence in Tanjung Tokong.Whether you’re looking to buy, lease, or put your home on the market, get expert guidance today.
Property Overview
Straits Residence is a modern, upscale condominium located in the vibrant heart of Georgetown, Penang. This sophisticated property features elegantly designed units that range from studio apartments to spacious three-bedroom layouts, catering to diverse lifestyle needs. Residents can enjoy an array of top-notch facilities, including a serene infinity pool, a fully-equipped gym, a communal lounge, and secure parking. The residence boasts impressive views of both the cityscape and the serene Malacca Strait, ensuring a peaceful retreat amidst the bustling city.
Strategically situated, Straits Residence provides easy access to Georgetown’s rich cultural attractions, eclectic dining options, and lively shopping centers. Nearby amenities include Gurney Plaza, Penang Adventist Hospital, and a variety of educational institutions and international schools, making it ideal for families and young professionals alike.
The estimated price range for units at Straits Residence is approximately RM 800,000 to RM 1.5 million for sale, while rental prices typically fall between RM 2,500 and RM 6,000 per month, offering both investors and residents a competitive value in one of Penang’s most sought-after locations.
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Why Should You Choose Straits Residence, Tanjung Tokong
Transport & Connectivity:
– Rapid Penang Bus Service: Offers frequent routes connecting Tanjung Tokong to George Town and other parts of the island (approx. 0.5 km).
– Gurney Drive: Major road providing direct access to Gurney Plaza and George Town (approx. 3 km).
– Penang Ferry Terminal: Connects to Butterworth on the mainland (approx. 9 km).
Shopping & Dining:
– Straits Quay Marina Mall: Waterfront mall with dining, shopping, and entertainment options (approx. 2 km).
– Gurney Plaza: Large shopping center with international brands and eateries (approx. 3 km).
– Island Plaza: Offers supermarkets, shops, and dining options in Tanjung Tokong (approx. 0.5 km).
Healthcare:
– Penang Adventist Hospital: Renowned for quality healthcare services (approx. 4 km).
– Gleneagles Penang Medical Center: Full-service hospital offering various specialties (approx. 5 km).
– Tanjung Medical Centre: Provides general healthcare services within the vicinity (approx. 1 km).
Education:
– Dalat International School: Offers pre-kindergarten to grade 12 American education (approx. 3 km).
– Tenby Schools Penang: Provides British style education from Early Years to Sixth Form (approx. 6 km).
– St. Christopher’s International School: Offers early years and primary education in an international context (approx. 5 km).
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Frequently Asked Question
What you need to know before engaging our services
We shortlist properties based on your financial plan, desired area, and requirements. We also negotiate on your{For most transactions, our service is free for buyers as we earn commission from the seller. We provide professional guidance at no extra charge to you.} {For most transactions, our service is free for buyers as we earn commission from the seller. We provide professional guidance at no extra charge to you.} behalf and guide you through the buying process
It depends on your priorities. Brand new properties often come with developer perks like cashback deals and lower upfront costs, but they take time to complete. Sub-sale properties are available immediately, allowing you to see the actual condition before buying. We can help you compare options based on your preferences.
You should have your IC, salary details (salary slip/EPF statement/bank statements), and a loan approval (if needed) to speed up the process.
Aside from the down payment (usually 10%), you’ll need to consider stamp duty, lawyer costs, bank processing charges, and valuation charges.
Yes! We study the property trends, compare past transactions, and discuss terms with the seller to help you secure the best deal.
We filter listings that fit your budget and requirements, schedule viewings, and discuss rental terms with the property owner to secure the best deal for you.
For rental properties, the tenant 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.
Typically, if you terminate your tenancy early, you may lose your deposit unless you find a new tenant to take over.