Best Malaysia PropertiesServiced residence · Gurney & Tanjung Tokong, Penang
Straits Quay (The Suites at Waterside)
Straits Quay (The Suites at Waterside) is a serviced residence in Gurney & Tanjung Tokong, Penang by Eastern & Oriental (E&O). It scores 83/100 in our 2026 ranking. Marina-front residences beside Penang's first retail marina; EdgeProp earlier ranked it among the priciest in the northeast.
Best for
Lifestyle buyers, expats
Watch out
PropertyGuru psf fell about 16% over 2023-2025; resale liquidity is thinner than mainstream condos.
How the 83/100 score is built
| Signal (weight) | What we measured | Score | Points | Source |
|---|---|---|---|---|
| Google reputation (30%) | 4.1★ from 102 Google reviews → 4.08★ after adjustment | 57% | 17/30 | Google Maps (2026-10) |
| Location & connectivity (20%) | Connectivity 3/5 (editorial); nearest station None within walking distance | 50% | 10/20 | Editorial + propertyguru.com.my |
| Developer & build (15%) | Eastern & Oriental (E&O) — tier 2: established mid-size developer | 70% | 10.5/15 | propertyguru.com.my +1 |
| Facilities & livability (15%) | Amenities 4/5 (editorial); 0 facilities listed; security not stated | 48% | 7.1/15 | Editorial + propertyguru.com.my |
| Value (10%) | RM929 psf vs Gurney & Tanjung Tokong condo median RM1032 psf (90% of median) | 76% | 7.6/10 | propertyguru.com.my +1 |
| Tenure & age (10%) | Tenure not confirmed; completion year unknown | 50% | 5/10 | propertyguru.com.my +1 |
| Raw points, then curved against the top-ranked property in Malaysia: 99 × (raw ÷ 76)0.6 | 57 → 83 | Method | ||
Key facts
| Type | Serviced residence |
|---|---|
| Developer | Eastern & Oriental (E&O) |
| Price psf (indicative) | RM893–965 psf |
| Nearest station | None within walking distance |
| Address | Jalan Seri Tanjung Pinang, 10470 Tanjung Tokong, Penang |
Nearby
Straits Quay marinaGurney Plaza
Location
Open in Google Maps and read reviews →
Frequently asked questions
Is Straits Quay (The Suites at Waterside) a good place to live?
Straits Quay (The Suites at Waterside) scores 83/100 in our 2026 ranking. Marina-front residences beside Penang's first retail marina; EdgeProp earlier ranked it among the priciest in the northeast. Watch out: PropertyGuru psf fell about 16% over 2023-2025; resale liquidity is thinner than mainstream condos.
What is the nearest MRT/LRT to Straits Quay (The Suites at Waterside)?
None within walking distance.
Sources
- Google Maps — rating 4.1★ from 102 reviews, checked 2026-10
- propertyguru.com.my — Project listing/profile page confirming developer, tenure and basic details
- edgeprop.my — Project listing/profile page confirming developer, tenure and basic details
Similar condos in Penang
- 1
Setia V Residences
Ultra-luxury S P Setia towers on Gurney Drive with large units and the highest median psf in the area.
CondominiumFreeholdBuilt 2017RM1,280–1,519 psf
93/100 - 2
The Light Collection III
Part of IJM Land's freehold waterfront Light township on reclaimed land in Gelugor with strong brand and master-planned setting.
CondominiumFreeholdBuilt 2015
91/100 - 3
Setia Sky Ville
S P Setia freehold twin-tower in Jelutong, completed 2021, close to the Penang Bridge link and Gelugor.
CondominiumFreeholdBuilt 2021
88/100 - 4
Setia Sky Vista
S P Setia twin towers (27 and 32 storeys) completed 2019, close to Bukit Jambul and the Bayan Lepas corridor.
CondominiumFreeholdBuilt 2019
88/100⚠︎