140 Houses for Sale 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 126 listing(s) available for sale on iProperty Malaysia. The listings start from RM600K for units with 500 sqft.
You can search for other projects within Tanjung Tokong such as Jazz Residences, Fera Courtyard & Senna, and Excel House. Find your ideal properties, contact verified agents, and compare prices only with iProperty Malaysia.
The iProperty Take on Buying The Meg Serviced Residence
6.48% of property searches in Tanjung Tokong over the last 30 days were for The Meg Serviced Residence. The 1-Bedroom configuration is the most-searched among the 137 total units available for sale. Pricing for 1-Bedroom units is in line with the Tanjung Tokong average, while 3-Bedroom units are priced well above the township average. The single Studio unit currently listed is just 1 of the 137 units currently listed, 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 price: RM 626K
- Asking PSF: RM 1,094 psf
- vs. Tanjung Tokong avg. PSF: RM 1,097 psf (0.30% below average)
- Positioning: Fair value.
- Listings: 46
- Studio
- Average asking price: RM 638K
- Asking PSF: RM 1,081 psf
- vs. Tanjung Tokong avg. PSF: RM 925 psf (16.86% above average)
- Positioning: Premium, scarce.
- Listings: 1
- 2-Bedroom
- Average asking price: RM 805K
- Asking PSF: RM 1,118 psf
- vs. Tanjung Tokong avg. PSF: RM 1,032 psf (8.28% above average)
- Positioning: Fair value.
- Listings: 84
- 3-Bedroom
- Average asking price: RM 1.10M
- Asking PSF: RM 1,257 psf
- vs. Tanjung Tokong avg. PSF: RM 752 psf (67.19% above average)
- Positioning: Premium.
- Listings: 9
Neighbourhood at a Glance
The Meg Serviced Residence is located in Tanjung Tokong, providing buyers with verified proximity to retail hubs like Gurney Paragon and essential services including Max Care. This location offers a mix of driving and walking access to local education, transport, and dining options.
- 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)
Ready to Make Your Move?
127 homes are currently for sale at The Meg Serviced Residence, starting from RM580,000. See what's currently on the market and compare layouts side by side.
This copy was published on 25 September 2026.