Waterstone Penang is a freehold condominium by BSG Property, located in the established neighbourhood of Tanjung Bungah. Set between the hills and the coast, it offers a calm, scenic environment with views of both the sea and greenery. The development blends modern comfort with Penang’s relaxed coastal lifestyle, featuring contemporary design, spacious layouts, and a range of facilities that support everyday convenience and leisure.
Comprising two 39-storey towers with a total of 365 units, Waterstone maintains a relatively low-density setting, with only six units on each floor. The residences range from 1,334 sq ft to 2,195 sq ft, offering layouts suited to both families and working professionals who value space and comfort. Prices start from RM1.3 million and go up to RM2.4 million, positioning the project within the higher-end segment of Penang’s residential market.
Each home is thoughtfully designed to capture natural light and sea breezes, creating a bright, airy atmosphere that complements its scenic surroundings. Select layouts include expansive balconies where residents can unwind while enjoying the view of the Andaman Sea.
Location & Connectivity
Situated in one of Penang’s most desirable enclaves, Waterstone offers seamless access to Gurney Drive, Batu Ferringhi, and George Town, each just minutes away via well-connected roads. The area is surrounded by established neighbourhoods, reputable international schools, and lifestyle conveniences, making it an ideal address for both families and expatriates.
Nearby amenities
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Tanjung Bungah Fresh Market & Food Complex - 100m
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POWIIS - 300m
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Penang Swimming Club - 1.2km
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Tenby School Penang - 1.6km
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Tree Square Retail & Outlet - 200m
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Dalat International School - 1km
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Pearl Hill - 1.5km
Layouts & Built-ups
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Total Units: 365
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Units per Floor: 6 (low-density)
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Built-up Sizes: 1,334 sq ft – 2,195 sq ft
Layout Types:
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Type A – 1,334 sq ft (3 Bedrooms, 2 Bathrooms)
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Type B – 1,600 sq ft (3+1 Bedrooms, 2 Bathrooms)
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Type C – 2,100 – 2,195 sq ft (4 Bedrooms, 3 Bathrooms)
Facilities & Lifestyle
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Olympic-length lap pool
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Jacuzzi
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Indoor gym
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Outdoor fitness area
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BBQ pavilion
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Playground
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Tranquil tea house
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Wi-Fi lounge
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Reading area
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3-tier 24-hour security
Market Position
As of 2024, non-landed property in Tanjung Bungah averaged around RM1 million, with high-rise residences typically ranging from RM650,000 to RM2.8 million. Against this backdrop, Waterstone stands out for its blend of freehold status, sea-view living, and resort-class amenities, offering a compelling proposition for both own-stay buyers and long-term investors seeking capital appreciation in Penang’s northern corridor.
Summary
Waterstone Penang encapsulates refined coastal living in Penang’s most sought-after seaside locale. With its panoramic views, low-density design, and luxury facilities, it promises residents a peaceful retreat just moments from the vibrancy of George Town and Batu Ferringhi. Designed for those who value exclusivity, connection, and timeless elegance, Waterstone is where urban sophistication meets the rhythm of nature, an address to cherish for generations.