Straits Residences, Tanjung Tokong, Penang

Straits Residences is a serviced residence in Tanjung Tokong, on Penang Island. This page covers where it is, which developments are close by, and what to look into before you buy or rent a unit here.

About Straits Residences

Straits Residences is a serviced residence. In Malaysia, serviced residences are high-rise homes that are often run much like condominiums, with shared areas looked after by a management body. They can differ from condominiums in some practical ways, such as how the land is zoned and how the title is issued, so it is worth understanding the property type before you commit. Straits Residences is one of 69 developments in Tanjung Tokong in our directory. That gives buyers and tenants plenty of choice nearby, and it makes sense to view Straits Residences alongside other serviced residences and condominiums in the area.

Location and neighbourhood

Tanjung Tokong is a coastal area on the northern side of Penang Island, not far from George Town, the state capital. It has a mix of older neighbourhoods and newer high-rise housing. Several developments sit close to Straits Residences. All distances below are straight-line. The Suites @ Waterside(Straits Quay), a condominium, is listed at 0 km, so it is effectively on the same spot. Quayside Seafront Resort Condominiums is about 0.2 km away, and 18 East @ Andaman is about 0.3 km away. Andaman @ Quayside, a condominium, is about 0.4 km away. Two serviced residences, Crown and Jazz Residences, are also about 0.4 km away. Having this many developments close together is useful if you want to compare units, prices and layouts within a small area.

Living here: what to check before you buy or rent

Before you decide, ask the agent or the management office about the tenure and the type of title, and check the title yourself or through a lawyer. Find out the current maintenance fees and sinking fund charges, and whether any are overdue on the unit you are considering. Ask which facilities are available and how well they are kept. Always view the unit in person to check its condition, the view and any noise. If you plan to rent the unit out, ask about the management's rules on tenants and short stays. Finally, compare a few listings in the building and nearby so you have a fair sense of the asking prices and rents.