Waterstone Tanjung Bungah, Penang

Luxury Freehold Coastal Residences for Sale in Tanjung Bungah, Penang for Foreign Buyers

Waterstone Penang
Key Property Information

From RM 969K / £178K / $239K USD

Coastal Living, Spacious Layouts & Resort-Style Facilities

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Explore floorplans, design features, location information and key investment highlights, everything you need to understand what makes this development stand out.

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Property Video Tour

This short video walkthrough provides a visual overview of Waterstone Penang, highlighting its spacious residential layouts, extensive lifestyle facilities, and coastal setting in Tanjung Bungah with convenient access to Gurney Drive and George Town.

Waterstone Penang premium show unit with open-plan living and dining area and full-height windows.

Buyer Information

Rental Yields

Waterstone is positioned within Tanjung Bungah’s established coastal residential area, supporting steady long-term rental demand rather than short-term tourism-driven volatility.

Larger 3 and 4-bedroom units are most aligned with family and expatriate tenants, with performance influenced by factors such as view, floor level and furnishing. Overall, the location favours stable, occupancy-led rental income.

Capital Growth & Exit Potential

New freehold developments in Tanjung Bungah are limited, particularly those offering larger, modern unit formats. Waterstone sits within this newer segment, differentiating from older surrounding stock.

Its coastal positioning between George Town and Batu Ferringhi, along with elevated views and lifestyle appeal, supports long-term demand. Resale performance will depend on unit specifics and wider market conditions.

Foreign Ownership

Foreign buyers are permitted to purchase units at Waterstone, subject to Penang state minimum purchase price thresholds in force at the time of transaction.

Pricing shown reflects developer rebates, with qualifying units structured to meet foreign ownership requirements despite headline pricing appearing below standard thresholds.

The development is freehold, allowing eligible buyers full ownership rights, including the ability to lease or resell the property in accordance with Malaysian property and strata regulations.

Legal Support

All purchases are completed through licensed Malaysian solicitors. Transactions follow Malaysia’s regulated conveyancing process, including:

  • Sale & Purchase Agreement (SPA) preparation

  • Title and strata documentation handling

  • Stamp duty and statutory disbursements

For completed units, transactions follow standard secondary market procedures. Buyer funds are managed through licensed legal firms in accordance with Malaysian property law.

Elevated Coastal Living in Tanjung Bungah

Foreign buyers are permitted to purchase units at Waterstone, subject to Penang state minimum purchase price thresholds in force at the time of transaction.

Pricing shown reflects developer rebates, with qualifying units structured to meet foreign ownership requirements despite headline pricing appearing below standard thresholds.

The development is freehold, allowing eligible buyers full ownership rights, including the ability to lease or resell the property in accordance with Malaysian property and strata regulations.

 

Own at Waterstone Tanjung Bungah

Speak to our team about available units, pricing, and in-person or virtual viewing tours.

Buying Property at Waterstone Penang: FAQs

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