Eight & Eight Condominium
Penang’s northern seaside suburb of Tanjung Tokong welcomes Eight & Eight Condominium, a contemporary high-rise by UDA Holdings Berhad designed for urban families and investors seeking coastal convenience, retail access and excellent bus links. Formerly known with the working title of Dua Tanjung, the project comprises 600 leasehold units in two 48-storey blocks with a common podium, with targeted completion in 2027. Typical built-ups range from 885 sq ft to 1,140 sq ft, pairing practical layouts with modern facilities to serve both own-stay and rental markets. The developer's indicative price is RM622,000 to RM950,000 (July 2025).1
Project Snapshot
- Developer: UDA Holdings Berhad (UDA Property)
- What: Leasehold condominium, ~600 units, two-block high-rise (podium with facilities)
- Built-ups: ~885–1,140 sq ft (various 2–3 room configurations)
- Target completion: 2027
- Location: Tanjung Tokong, north coast of Penang Island, near Island Plaza & Straits Quay
Key details including tenure, unit count, approximate sizes and completion timeline are provided by the official project page. 1
Facilities
Eight & Eight is planned with a lifestyle deck and family-friendly amenities (podium facilities typical for the area), alongside covered car parks integrated with the tower. Specific facility listings are referenced from the developer’s overview and marketing materials. 1
Location & Surroundings
Set right in the Tanjung Tokong corridor, residents enjoy door-step access to established malls, supermarkets, eateries and the seaside promenade around Straits Quay. Island Plaza (a landmark neighbourhood mall) and Straits Quay retail marina form the immediate retail cluster. 23
Nearby Amenities (closest well-known options)
- Wet market: Tanjung Bungah MBPP Wet Market at Jalan Sungai Kelian (largest market in the northern belt). 15
- Hypermarket: Lotus’s Tanjung Pinang (former Tesco) at Seri Tanjung Pinang. 6
- Petrol station: Shell, 1 Jalan Tanjong Tokong (24 hours). 8
- Chinese primary school (SJKC): SJK(C) Hun Bin, Tanjung Bungah. 12
- International school: Dalat International School, Tanjung Bungah. 11
- Hospital: Penang Adventist Hospital, George Town (major tertiary care). 13
Public Transport
The nearest bus stops along Jalan Tanjung Tokong (including the Island Plaza/Marina Bay stops) are served by Rapid Penang 101 (Jetty ↔ Teluk Bahang), 102 (Airport ↔ Teluk Bahang) and 104 (Komtar ↔ Tanjung Bungah), providing frequent links to George Town, Gurney Drive, Batu Ferringhi and the airport. 16179107
Pricing & Market Context
Marketing indicates launch prices around the low–mid RM600k for smaller layouts, with larger stacks marketed up to the high RM900k bracket depending on floor, orientation and package. 14
Projected Rental & Yield (Indicative)
How we estimate: We triangulated current asking rents for comparable condos in Tanjung Tokong/Tanjung Bungah (e.g., The Brezza, The Peak, Marinox, i-Santorini) to infer realistic monthly ranges for 885–1,140 sq ft units in a new build. 5181920
- Expected monthly rent (partly/fully furnished):
- ~885 sq ft (2R2B typical): RM2,000–RM2,300 18
- ~1,100–1,140 sq ft (3R2B typical): RM2,300–RM2,800 (closer to waterfront/modern stock). 51920
- Assumed purchase benchmarks: ~RM650k for ~885 sq ft; ~RM900k for ~1,140 sq ft (within the developer/marketed bands). 14
- Estimated gross yield:
- ~885 sq ft at RM2,100/mth → ~3.9%–4.2% p.a.
- ~1,140 sq ft at RM2,600/mth → ~3.3%–3.6% p.a.
Note: Yields vary with furnishing level, floor/view premiums and leasehold tenure; investor renovations and fitted kitchens typically compress time-to-tenant and support higher rents. 518
Selling Points
- Walkable daily needs: Two established retail anchors close by—Island Plaza and Straits Quay—plus Lotus’s hypermarket a short drive away. 236
- Transit coverage: Multiple Rapid Penang routes (101/102/104) connect directly to George Town, Gurney, Batu Ferringhi and the airport. 16179
- Established rental micro-market: Strong demand drivers from nearby malls, F&B and coastal lifestyle; comparable condos indicate resilient rents. 518
- New-build appeal: Fresh facilities, efficient mid-size layouts (885–1,140 sq ft) and completion target in 2027 align with upgrade and investor timelines. 1
Quick Facts
What: Leasehold high-rise condominium; ~600 units; single block with podium facilities.
Where: Tanjung Tokong, north coast of Penang Island (near Island Plaza & Straits Quay).
Built-ups: ~885–1,140 sq ft (2–3 rooms, 2 baths typical).
Developer: UDA Property (UDA Holdings Berhad).
Target completion: 2027.
Amenities nearby: Wet market (Tanjung Bungah MBPP), hypermarket (Lotus’s Tanjung Pinang), petrol (Shell Jalan Tanjong Tokong), SJK(C) Hun Bin, Dalat International School, Island Hospital.
Transit: Rapid Penang 101/102/104 via stops along Jalan Tanjung Tokong (Island Plaza/Marina Bay).
Indicative prices: ~RM600k–RM900k+ depending stack/floor (marketing band).
Indicative rent: ~RM2,000–RM2,800/mth (size/furnishing dependent).
Estimated gross yield: ~3.3%–4.2% p.a. (assumptions noted).
Eight & Eight condominium is 
on the Map of Tanjong Tokong, Penang
References
- UDA Property – Eight & Eight official page
- Island Plaza (background & location)
- Straits Quay retail marina
- Marketed price band – sample listings (Eight & Eight)
- Comparable rents – Tanjung Tokong (aggregator snapshot)
- Lotus’s Tanjung Pinang (store locator)
- Island Plaza bus stop – Moovit stop info
- Shell – Jalan Tanjong Tokong (address & hours)
- Rapid Penang 101 schedule (Moovit)
- Rapid Penang 104 schedule (Moovit)
- Dalat International School (address & overview)
- SJK(C) Hun Bin – address
- Island Hospital – official site
- Rapid Penang routes overview (route descriptions)
- Tanjung Bungah Market (wet market)
- Bus 101 line map (PDF via Moovit)
- Bus 102 line map (PDF via Moovit)
- Comparable condo rents – Tanjung Tokong (PropertyGuru)
- Comparable condo rents – Tanjung Tokong (iProperty)
- Comparable condo rents – Tanjung Tokong (Mudah)
Page Details
This page was created on 4 September 2025. Hi, my name is Timothy and created it from my research, for my own entertainment, knowledge and to satisfy my curiosity. I am providing the information to you in good faith and hope it is useful. I try to get the details as accurate as possible. I also try to update the page whenever I stumble on new details. So this and all my other pages are perpetual work in progress. If you discover any error, please politely inform me, pointing out where the error lies, and I will correct it as soon as possible. Your helpfulness will keep this page accurate, relevant and helpful to those who need the information.List of Condominiums in Penang and Condominiums in Malaysia
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