From
RM543k
Price From
RM543k
Built-Up
567 sqft
Price Insights
Developer Asking Price
RM958/sqft
Based on RM543k ÷ 567 sqft
Penang Market Range
RM400–700/sqft
NAPIC Q3 2025 median (high-rise residential)
Based on Tanjung Tokong, Penang market data, similar properties transact at RM400–RM700 psf. This project is priced above the area median — typical for new launches with premium finishes.
Is The Meg @ Andaman Island, Pulau Pinang worth buying?
Rental Yield
4–6%
Monthly Loan
RM3.4k/mo
NP Score
6.5/10
Moderate
No payment needed • Takes 10 seconds
Project Details
Property Type
Serviced Apartment
Land Tenure
Freehold
Construction Status
New Launch
Bumi Discount
Not Available
Available Unit Types
The Meg @ Andaman Island, Pulau Pinang Video Tour
Watch a video tour of The Meg @ Andaman Island, Pulau Pinang in Tanjung Tokong, Penang. Serviced Apartment by Andaman Group.
Video sourced from YouTube. Not affiliated with the developer.
More videos →Why Consider The Meg @ Andaman Island, Pulau Pinang?
Based on location data and market analysis
- ✓Prime Tanjung Tokong location with seafront views and lifestyle appeal
- ✓Freehold tenure ensures long-term ownership security and asset appreciation
- ✓Competitive RM543k price point for serviced apartment in premium area
- ✓Strategic coastal positioning near amenities, dining, and entertainment hubs
- ✓Strong rental yield potential in popular tourist and expatriate destination
Investment Snapshot
Based on NAPIC data for Penang
Est. Monthly Rental
RM1,900–2,600
Based on similar properties in Penang
Gross Rental Yield
4.5%–5.5%
Annual rental / property price
Airbnb Estimate 🏠
RM4,200/mo
RM185/night × 76% occupancy · 9.3% gross yield
Area Price Trend
+10.6%
NAPIC data 2021–2025
Price-to-Income
7.0x income
Lower = more affordable (avg 6.8x)
Estimates based on NAPIC transaction data for similar properties in Penang (2021–2025). Not financial advice.
See full area analysis →Check subsale transaction history in Tanjung Tokong
Browse real NAPIC transaction prices for nearby properties
Nearby Highlights
Frequently Asked Questions
What is the price of The Meg @ Andaman Island, Pulau Pinang?▼
The Meg @ Andaman Island, Pulau Pinang starts from RM543k. Contact the developer directly on NewProjek for the latest pricing.
Where is The Meg @ Andaman Island, Pulau Pinang located?▼
The Meg @ Andaman Island, Pulau Pinang is located in Tanjung Tokong, Penang, Malaysia.
Who is the developer of The Meg @ Andaman Island, Pulau Pinang?▼
The Meg @ Andaman Island, Pulau Pinang is developed by Andaman Group.
What type of property is The Meg @ Andaman Island, Pulau Pinang?▼
The Meg @ Andaman Island, Pulau Pinang is a Serviced Apartment development with Freehold tenure.
What is the construction status of The Meg @ Andaman Island, Pulau Pinang?▼
The Meg @ Andaman Island, Pulau Pinang is currently New Launch.
Register Your Interest
Connect directly with the developer. No agent fees.
Why register through NewProjek?
✓ Direct developer pricing — no agent markup
✓ Get the latest price list & floor plans within 24 hours
✓ Free NAPIC market report for this area
Free with sign-in • Powered by NAPIC data
Quick Info
Estimate Your Monthly Repayment
Based on starting price from RM 543,000
Estimated Monthly Repayment
RM 2,476/mo
