56 Houses for Sale at Straits Quay (The Suites at Waterside), Tanjung Tokong, Penang
Straits Quay: A Luxurious Waterfront LifestyleStraits Quay is an upscale freehold serviced residence development in Penang, Malaysia's lively Tanjong Tokong area. Developed by Eastern & Oriental Berhad (E&O), a respected name in the real estate industry, this exclusive project comprises 160 residential units. It offers a variety of spacious layouts, including apartments that span up to 1,800 sq ft, catering to diverse lifestyle preferences.Straits Quay was completed in 2010 and is more than a residential enclave, it is a vibrant lifestyle destination. The development seamlessly integrates residential living with commercial conveniences, featuring a shopping mall, lifestyle outlets, a marina, a convention centre, and a performing arts centre. This distinctive blend of amenities and prime location make Straits Quay a standout choice for luxurious waterfront living in Penang.The Allure of Straits Quay: Key Selling PointsStraits Quay enjoys a coveted location in Tanjong Tokong with seamless connectivity to Georgetown and other hot spots on the island of Penang. The development features contemporary living while resort-like amenities create a relaxing environment: a swimming pool, sauna, gym, barbecue area, tennis court, and Jacuzzi. One of the most eye-catching features of Straits Quay is the marina, where sailing and fun on the waterfront provide a picturesque setting, especially for sailing buffs.Straits Quay, like modern condominium living, strikes a fine balance between leisure and liveliness. It offers an extraordinary living choice to soak in the waterfront glamour with all the luxury features. Updated offerings and presentable locations are redefining modern condominium living in Penang.Straits Quay: Accessibility and Nearby FacilitiesStraits Quay is ideally located to offer residents excellent connectivity and a range of amenities. Public transport options, such as Rapid Penang Bus 102 and the Penang Hop-On Hop-Off Tourist Bus, can quickly get to areas and stop at Straits Quay Marina Mall. For drivers, meanwhile, the closeness of this development to Jalan Seri Tanjung Pinang offers a steady drive toward key destinations such as Georgetown and Batu Ferringhi.The beautiful landscape surrounding it only makes it more attractive. Some nearby highlights include Straits Quay Retail Marina for shopping and dining, Gurney Plaza for retail indulgence, and Straits Green Park By The Sea for relaxation and recreation. Thoughtful planning for accessibility and accommodation makes Straits Quay an inviting lifestyle centre for anyone seeking a balanced life.Project Details and Facilities of Straits QuayStraits Quay has everything planned out, providing a balanced lifestyle-inducing environment with different living styles. The development covers:Swimming pools designed for leisure and recreationA state-of-the-art gymnasium for fitness enthusiastsA sauna and Jacuzzi offering residents a space to unwind and rejuvenateA marina perfect for sailing enthusiasts and water activitiesA convention centre and performing arts centre, enhancing the cultural and social offeringsThese amenities help create a lifestyle where relaxation, fitness, and social cohesiveness are combined, offering a lakefront lifestyle where modern living meets tranquillity.Schools and Educational Institutes Near Straits QuayResidents of Straits Quay can easily access and will be comfortable living in this setting, which is for families with children. Other schools in the vicinity include:Stonyhurst International School PenangPelita International SchoolTaska Lin (Play School Nursery)Dining Near Straits QuayStraits Quay is surrounded by various dining venues offering lovely cuisines for the enjoyment of its residents:Sea Queen RestaurantNyonya Breeze DesireLa Chicá Mexican GrillChimac StationMedical Centres/Clinics Near Straits Quay:Straits Quay residents have convenient access to varoius medical facilities, including:Osel Clinic (Straits Quay)KLINIK MEDIVIRON TANJUNG TOKONGGleneagles Hospital PenangSupermarkets Near Straits QuayStraits Quay offers residents easy access to several nearby supermarkets, enhancing convenience for everyday shopping. These include:Sam's GroceriaWoori MartLotus's Tanjung PinangMercato Island 88Straits Quay: Site Plan Highlights and Design OverviewThe Straits Quay is also ideally located in Tanjong Pinang or Tanjong Tokong, a very nice place for the right balance of luxurious living amidst lovely water views. It is an 1800 sqm extensive development, rising to seven storeys and with a design in which elegance serves to underline these surroundings. Upon a marina and open gardens must lay two remarkable architectural features for a favourable disposition for the lives of its residents.Project Name: Straits QuayType: Freehold Serviced ResidenceLocation: Tanjong Pinang, Tanjong TokongFloors: SevenConfiguration: 160 residential unitsUnit Types: A range of spacious apartments designed to cater to diverse lifestyle preferences.Developer: The Team Behind Straits QuayThe development of Straits Quay was initiated by Eastern & Oriental Berhad (E&O), a premier Malaysian property firm distinguished for its creative innovations and quality. It has successfully made a name for itself by providing quality developments with a focus on aesthetics and functionality. Its hallmark achievement is the Seri Tanjung Pinang waterfront township, a serviced residence development that perfectly fuses residential, commercial, and lifestyle components and engenders a dynamic, sustainable community. E&O has a history of transforming prime real estate into actual living environments, and it now sets the benchmark for luxury developments in Malaysia.Straits Quay: Related ProjectsStraits Quay shares its developer, Eastern & Oriental Berhad (E&O), with several other prominent projects:Quayside CondominiumsThe Tamarind @ Seri Tanjung PinangAriza Seri Tanjung PinangStraits Quay: Nearby ProjectsStraits Quay is situated in a neighbourhood with several other prominent residential developments, contributing to the vibrant community atmosphere. Nearby projects include:The Brezza CondominiumMarinox Sky Villas18 East at AndamanStraits Quay presents an exceptional opportunity for those searching for luxury living in one of Penang's most sought-after locations. This development is designed to offer residents a seamless blend of modern amenities, strategic connectivity, and a thriving environment with great potential for growth. Straits Quay's prime waterfront setting combines comfort, style, and convenience, making it an attractive choice for individuals and families looking to enhance their urban lifestyle.The carefully crafted mix of residential and lifestyle offerings ensures that all needs are met, from recreational spaces to essential services. Whether you're looking for a tranquil retreat or an engaging, vibrant community, Straits Quay offers a unique living experience for those who appreciate the finer things in life.
DeveloperEastern & Oriental Berhad
Explore iProperty
Straits Quay (The Suites at Waterside) is a freehold service residence in Tanjung Tokong, Penang. There are currently 56 listing(s) available for sale on iProperty Malaysia. The listings start from RM900K for units with 1,000 sqft.
You can search for other projects within Tanjung Tokong such as Jazz Residences, Excel House, and City Residence. Find your ideal properties, contact verified agents, and compare prices only with iProperty Malaysia.
The iProperty Take on Buying Straits Quay (The Suites at Waterside)
10.64% of property searches in Tanjung Tokong over the last 30 days were for Straits Quay (The Suites at Waterside). The 2-Bedroom is the most-searched configuration among the 55 total units available for sale. Asking prices for 2-Bedroom units are well below the Tanjung Tokong average, while 3-Bedroom units are priced well above the township benchmark. The single Studio unit currently listed represents just 1 of the 55 units currently available, a reflection of its rarity rather than a shift in the wider market.
Developer & Launch
Straits Quay (The Suites at Waterside) is a Service Residence developed by Eastern & Oriental Berhad in Tanjung Tokong. The project reached completion in 2010.
This Freehold development consists of 2 buildings.
Top Amenities & Facilities at Straits Quay (The Suites at Waterside)
Residents at Straits Quay (The Suites at Waterside) have access to a variety of on-site facilities designed for recreation and convenience within the community.
- Swimming pool
- Tennis courts
- BBQ
- Cafe
- Clubhouse
Pricing by Unit Type
- Studio
- Average asking price: RM 720K
- Asking PSF: RM 705 psf
- vs. Tanjung Tokong avg. PSF: RM 925 psf (23.87% below average)
- Positioning: Budget-friendly.
- Listings: 1
- 1-Bedroom
- Average asking price: RM 828K
- Asking PSF: RM 842 psf
- vs. Tanjung Tokong avg. PSF: RM 1,097 psf (23.23% below average)
- Positioning: Below average.
- Listings: 16
- 3-Bedroom
- Average asking price: RM 1.20M
- Asking PSF: RM 980 psf
- vs. Tanjung Tokong avg. PSF: RM 752 psf (30.36% above average)
- Positioning: Premium, scarce.
- Listings: 3
- 2-Bedroom
- Average asking price: RM 1.76M
- Asking PSF: RM 874 psf
- vs. Tanjung Tokong avg. PSF: RM 1,032 psf (15.30% below average)
- Positioning: Below average.
- Listings: 35
Neighbourhood at a Glance
Straits Quay (The Suites at Waterside) is located within walking distance of essential services and local amenities in Tanjung Tokong. Buyers can access a variety of retail, dining, and educational facilities situated within a 1 kilometre radius of the property.
- TRANSPORT: Hop On Hop Off Bus #14 (Straits Quay) Bus Stop, 94 m (1 minute walking distance)
- HEALTHCARE: Tanjung Tokong Health Clinic, 997 m (12 minutes walking distance)
- RETAIL: Groceria, 35 m (1 minute walking distance)
- EDUCATION: Stonyhurst International School Penang, 278 m (3 minutes walking distance)
- FOOD & BEVERAGE: Real Food Penang, 105 m (1 minute walking distance)
Past Transaction & Price Insights
Straits Quay (The Suites at Waterside) historical transactions from 2023 to 2025 show a median price of RM809 PSF. The typical range for these transactions is between RM759 PSF and RM922 PSF.
The project recorded a price decline of -15.88% during this period.
Who It's For
Young Families
Stonyhurst International School Penang is 278 m away, a 3-minute walk, which keeps the daily school run simple for parents. Residents have access to a gym and tennis courts for active recreation, supported by 24-hour security within the project. For those seeking a long-term home, 2-Bedroom units are priced well below the Tanjung Tokong average.
Ready to Make Your Move?
52 homes are currently for sale at Straits Quay (The Suites at Waterside), starting from RM625,000. See what's currently on the market and compare layouts side by side.
This copy was published on 25 September 2026.