Waterstone in Tanjung Bungah

Tanjung Bungah, Penang

Waterstone @ Tanjung Bungah

Waterstone

39 storeys above Tanjung Bungah
39 storeys|365 homes|Q4 2028
Get floor plans + price list
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Waterstone
BSG Property

Waterstone is a 39-storey condominium in Tanjung Bungah, Penang, built by BSG Property. It has 365 units across two towers in three layouts from 1,334 sq ft to 2,152 sq ft, with 3 – 4 bedrooms. Prices start from RM 1,200,000 (SPA gross). Completion is expected in Q4 2028, and the land is freehold.

Updated 25 September 2026

Waterstone gallery

Waterstone Tanjung Bungah zen pavilionWaterstone Tanjung Bungah mizu walkway water featureWaterstone Tanjung Bungah tea gardenWaterstone Tanjung Bungah sky vista gymWaterstone Tanjung Bungah private dining roomWaterstone Tanjung Bungah hydrotherapy pool

Waterstone floor plans

Waterstone comes in three unit types. The smallest, Type E2, is 1,334 sq ft with 3 bedrooms; the largest, Type A2, is 2,152 sq ft with 4 bedrooms.

Waterstone Type E2

Layout

Type E2
1,334 sq ft · 3 bed
Waterstone Type B2

Layout

Type B2
1,636 sq ft · 3 bed
Waterstone Type A2

Layout

Type A2
2,152 sq ft · 4 bed

Full-resolution sheets come back on WhatsApp.

Waterstone at a glance

Tanjung Bungah, Penang

Waterstone @ Tanjung Bungah
From RM 1,200,000

SPA gross price

Per-unit prices & availability on WhatsApp · free

Tenure
Freehold
Type
Condominium
Status
Under construction
Bedrooms
3 – 4 bed
Built-up
1,334 – 2,152 sq ft
Units
365
Storeys
39 a tower
Towers
2 Towers
Lifts
5 a tower
Completion
Q4 2028
Developer
BSG Property
Read the full research pageGallery · floor plans · facilities · locationGet the full floor plans →

Why buyers are looking at Waterstone

  • Held on a residential title. A residential title usually brings residential rates for utilities and assessment, which commercial-title units do not get.
  • Layouts running to 4 bedrooms. With up to 4 bedrooms, larger households in Tanjung Bungah are not limited to landed homes.
  • Completion set for Q4 2028. The developer targets Q4 2028; the delivery date that binds is the one in the Sale and Purchase Agreement.
  • 6 homes to a floor. With six units on each floor, fewer neighbours share each corridor and lift lobby.

The case against it is on the full page too — we publish both. Read the research page.

Waterstone price

from RM 1,200,000

SPA gross price

RM 900 psf · about RM 4,600 a month

The starting price at Waterstone is RM 1,200,000 (SPA gross), roughly RM 900 psf on the smallest layout. On a 90% loan at 3.7% over 35 years, that works out to about RM 4,600 a month before fees. What a given unit costs depends on its floor, facing and stack.

TypeBuilt-upBedsBaths
E21,334 sq ft32
B21,636 sq ft33
A22,152 sq ft43

Developer list SPA gross price. What a given unit costs moves with the floor and the stack — ask for the current price list.

Get the full price list

How Waterstone compares

New launches in Tanjung Bungah

Two other new launches in Tanjung Bungah are listed beside Waterstone. Blossom Suites has the lowest listed starting price at RM 645,040, against RM 1,200,000 for Waterstone.

  • WaterstoneThis project
    RM 1,200,000
    Freehold · 1,334 – 2,152 sq ft · 3 – 4 bed · Q4 2028
  • Blossom SuitesTanjung Bungah
    RM 645,040
    Freehold · 506 – 2,852 sq ft · 1 – 3 bed · Q1 2030
  • Alila 2Tanjung Bungah
    —
    Freehold · 1,905 – 3,235 sq ft · 3 – 4 bed · Completed — CCC obtained at the end of 2017.

Waterstone FAQ

What does a unit cost here?

Entry is RM 1,200,000 on the developer's SPA gross price, roughly RM 900 psf for the smallest layout. Larger units and higher floors sit above that, and the live price list comes back over WhatsApp.

Whereabouts in Tanjung Bungah does it sit?

The address is Tanjung Bungah, Penang.

Which layouts can I choose from?

Three to choose between, the smallest 1,334 sq ft (Type E2) and the largest 2,152 sq ft (Type A2), holding 3 – 4 bedrooms.

How big is the development itself?

365 homes in total, spread over two towers, standing 39 storeys tall.

When does it hand over?

The developer's schedule puts handover at Q4 2028.

Freehold or leasehold?

Freehold land.

Which developer is behind it?

BSG Property.

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