441 Houses for Rent at The Meg Serviced Residence, Tanjung Tokong, Penang
The Meg is a contemporary freehold serviced residence development located on the new Andaman Island, a prime seafront location in George Town's Tanjung Tokong corridor. Developed by a subsidiary of the renowned Eastern & Oriental Berhad, this project is designed for a modern lifestyle, seamlessly blending work and play. Scheduled for completion around 2026, The Meg is the inaugural project on Andaman Island, set to become an iconic address. Situated on a 4-acre plot, The Meg is conceived for young professionals and new families, featuring innovative layouts and communal spaces for work and social life. The development consists of two towers, with one containing 34/35 floors, housing a total of 1,020 residential units. It was recognised as the Best Co-Living Development in Malaysia at the 2023 Asia Property Awards. The Meg offers a variety of layouts to suit different needs, with built-up areas ranging from 567 sq ft to 897 sq ft. These units are configured from 1-bedroom to 3-bedroom formats. 567 sq. ft. - 897 sq. ft. Residents of The Meg have access to a wide array of modern facilities designed for comfort and a balanced lifestyle. These include a swimming pool, jacuzzi, gymnasium, jogging track, playground, and BBQ area. The development also features unique amenities like a tropical garden and dedicated co-working and social spaces. Swimming Pool & Jacuzzi Gymnasium & Jogging Track Playground & Barbeque Area Multi-purpose Hall Co-working and social spaces Andaman Island is strategically connected to the main Penang island via two bridges, one leading directly to the new Gurney Wharf and another to Seri Tanjung Pinang, ensuring easy access to George Town and surrounding areas. Located 3km away. Located 3km away. Situated 12km from the development. Located 12km away. The Meg is developed by Persada Mentari Sdn. Bhd., a subsidiary of Eastern & Oriental Berhad (E&O). E&O is a large-scale, publicly listed property developer with a portfolio of around 30 projects across Malaysia.
DeveloperEastern & Oriental Berhad
Explore iProperty
The Meg Serviced Residence is a freehold service residence in Tanjung Tokong, Penang. There are currently 410 listing(s) available for rent on iProperty Malaysia. The listings start from RM2K for units with 750 sqft.
You can search for other projects within Tanjung Tokong such as Fera Courtyard & Senna, Jazz Residences, and Straits Quay (The Suites at Waterside). Find your ideal properties, contact verified agents, and compare prices only with iProperty Malaysia.
The iProperty Take on Renting The Meg Serviced Residence
6.57% of property searches in Tanjung Tokong over the last 30 days were for The Meg Serviced Residence. The 3-Bedroom configuration is the most-searched unit type among the 436 total units available for rent. Monthly asking rents for 3-Bedroom units sit modestly below the Tanjung Tokong average, while monthly asking rents for 2-Bedroom units are well below the township average. The three Studio units currently listed represent the rarest configuration available, a reflection of its rarity rather than a shift in the wider market.
Top Amenities & Facilities at The Meg Serviced Residence
The Meg Serviced Residence provides a selection of facilities designed to support the daily needs and lifestyle of its residents. These on-site amenities offer spaces for recreation and relaxation within the development.
- Swimming pool
- Playground
- BBQ
- Jacuzzi
- Jogging track
Pricing by Unit Type
- 1-Bedroom
- Average asking rent: RM 2K / month
- vs. Tanjung Tokong avg. rent: RM 8K / month (72.00% below average)
- Positioning: Budget-friendly.
- Listings: 80
- Studio
- Average asking rent: RM 2K / month
- vs. Tanjung Tokong avg. rent: RM 3K / month (12.82% below average)
- Positioning: Below average.
- Listings: 3
- 2-Bedroom
- Average asking rent: RM 3K / month
- vs. Tanjung Tokong avg. rent: RM 7K / month (58.64% below average)
- Positioning: Below average.
- Listings: 328
- 3-Bedroom
- Average asking rent: RM 4K / month
- vs. Tanjung Tokong avg. rent: RM 4K / month (14.22% below average)
- Positioning: Below average.
- Listings: 27
Neighbourhood at a Glance
The Meg Serviced Residence provides renters with access to essential services and retail destinations within the Tanjung Tokong area. The location is situated within driving distance of major shopping malls and educational institutions, supporting daily requirements for those living in the vicinity.
- TRANSPORT: Hop On Hop Off Bus #1 Start Beach Route, 1.8 km (22 minutes walking distance)
- HEALTHCARE: Max Care, 1.9 km (23 minutes walking distance)
- RETAIL: Gurney Paragon, 2.4 km (5 minutes driving distance)
- EDUCATION: Sk Convent Pulau Tikus, 3.7 km (6 minutes driving distance)
- FOOD & BEVERAGE: Martini Cafe, 2.9 km (6 minutes driving distance)
- CONVENIENCE STORE: 7-Eleven, 2.8 km (5 minutes driving distance)
Who It's For
Budget Renters & First Movers
Studio units are priced modestly below the Tanjung Tokong average, offering an accessible entry point for solo renters. 1-Bedroom units are also well below the Tanjung Tokong average, providing a practical option for budget-conscious individuals seeking their own space.
Ready to Move In?
418 homes are currently available to rent at The Meg Serviced Residence, from RM1,800 to RM4,500 per month. See what's currently available and shortlist your favourites.
This copy was published on 25 September 2026.