1 House for Sale at Menara Asas
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Menara Asas is a freehold condominium project located in the busy town centre of Tanjung Bungah in Penang. Menara Asas is a single block of 16 stories and was completed in the year 1995. Residents here live a life of convenience with a 4-storey retail podium below their homes. Menara Asas aims to give its residents an affordable living lifestyle. Menara Asas is definitely a great place to live in, as it is a well-established residence that is surrounded by amenities. It is also very tastefully designed and is aimed at small to medium families as well as singles and couples who are looking for a place to call their own. Menara Asas is situated near the coast and the famous Batu Ferringhi. Residents of Menara Asas are blessed with abundance of amenities in and around the surrounding area that they can access with ease. Residents with vehicles can easily access the town for other amenities and it takes about 20 to 25 minutes to get to Georgetown via Route 6. There is also public transport available for the convenience of the residents with bus-stops located in vicinity, like Perhentian Bas Tanjung Bungah - Jalan Sungai Kelan, 2020 Seafoods Jalan Tanjung Bungah, Harmony Residence Jalan Tanjong Bungah, and Tanjung Beach Condominium Jalan Tanjung Bungah. Menara Asas offers convenience as well, as it is situated just along Jalan Tanjung Bungah, making it very easy for residents to drive to and fro. There are also schools, restaurants, clinics and supermarkets that are not too far from Menara Asas. The closest schools to the condominiums are Sekolah Rendah Jenis Kebangsaan (Cina) Poay Wah, Giatmara Bukit Bendera, Prince of Wales Island International Primary School (POWIIS Primary), Sekolah Kebangsaan Tanjung Bungah and Tenby Schools Penang. Clinics and pharmacies nearby are Tejani Medical Clinic, Klinik Shama, Klinik Bersatu Tanjung Bungah (Bersatu Clinic), Georgetown Pharmacy Tanjung Bungah and Farmasi Tanjung Bungah Mcare. DC Mart Different C Mart, Market & Food Complex Tanjung Bungah, Kedai Buah-Buahan Yeap Kim Toh, Pasaraya Mini-Market and located quite close to Menara Asas for the residents shopping convenience. The nearest mall is the Straits Quay Marina Mall located 3 kilometers away. Residents can enjoy good food that is available in the restaurants nearby such as Siang Pin Seafood, Tasty Kitchen, Roti Canai @ 2020 Seafood, 2020 Seafood Restaurant and Flamingo Cafe. There are a few tourist attraction places nearby as well, such as Tanjung Bungah Floating Mosque, Sky Walk, Flamingo Seaside, Campaign for a lane (Statue) and Entopia by Penang Butterfly Farm. Menara Asas has many units available for sale and rent and they vary in size and layout. The built-up size is approximately 1.100 square feet per unit. The units are priced between RM 595,000 and RM 680,000. As for rental wise, it is quite lucrative as a substantial amount of home owners in the area have converted their units for short term rentals or homestays for tourists. The units are well designed and are suitable for singles, couples or families. The facilities available are a lounge and a car park. Menara Asas is a beautiful condominium that allows its residents to enjoy quality living with a feel of luxury. It is designed in such a way that it is not only bright but airy as well due to its proximity to the coast. Just as there is a variety of unit sizes and layouts, a variety in pricing is available. The units are priced accordingly. Residents can also check out other developments that are close to Menara Asas. Among the developments in the close proximity to Menara Asas are The Tamarind @ Seri Tanjung Pinang, Quayside, The LIGHT COLLECTION II, The Golden Triangle and Andaman @ Quayside.
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Recent search data shows the project remains relevant to active buyer seekers in the area, drawing on 30 days of PropertyGuru search activity. This apartment development continues to hold a presence in the local market as property seekers evaluate available residential options.
Pricing by Unit Types:- 3-Bedroom Units:
- Avg Asking Price: RM 499K
- Avg PSF: RM 384 psf
- Available Units: 1
- PERHENTIAN BAS TANJUNG BUNGA (119m, 1-2 mins) — Just a few steps away for quick access to local bus routes around the neighbourhood.
- TM RESORT (416m, 4-5 mins) — Convenient boarding point for residents heading towards the Batu Ferringhi tourist belt.
- HOP ON HOP OFF STOP 15 FLAMINGO (464m, 5-6 mins) — Easy access to Penang's famous sightseeing bus route for weekend outings.
- SJK (CINA) POAY WAH (507m, 6-7 mins) — A reputable local primary school within easy walking distance for young families.
- DALAT INTERNATIONAL SCHOOL (671m, 8-9 mins) — High-quality education option located conveniently close to home.
- SK TANJUNG BUNGA (921m, 11-12 mins) — Nearby national school providing accessible education for the local community.
- TEJANI MEDICAL CLINIC (380m, 4-5 mins) — Immediate medical attention and healthcare services available just down the road.
- TANJUNG BUNGAH HEALTH CLINIC (397m, 4-5 mins) — Essential public health services within a short walk for peace of mind.
- ENG PHARMACY (554m, 6-7 mins) — Handy spot for prescriptions and daily wellness needs.
- TANJONG BUNGAH WET MARKET (80m, 1 min) — Ultra-convenient access to fresh local produce and daily marketing needs right next door.
- STRIATS MINI MARKET (977m, 11-12 mins) — Reliable neighbourhood shop for quick grocery top-ups.
- SIANG PIN SEAFOOD RESTAURANT (0m, 0 min) — Famous local seafood dining located right at your building for effortless meals.
- ZUS COFFEE (43m, 1 min) — Popular modern coffee spot just a minute away for your daily caffeine fix.
- THE SECOND CHILI (43m, 1 min) — Nearby eatery offering diverse flavours for residents who enjoy dining out.
- MAYBANK (606m, 7-8 mins) — Full-service banking facilities nearby for all your financial transactions.
- AMBANK (624m, 7-8 mins) — Additional banking option within walking distance for added convenience.
- FAMILYMART (375m, 4-5 mins) — Quick snacks and ready-to-eat meals available just a short stroll away.
- ALPHA MART (598m, 7-8 mins) — Handy local mart for household essentials and quick shopping.
- HILLSIDE BAPTIST CHURCH (948m, 11-12 mins) — Local community church located within the Hillside residential area.
- MASJID TERAPUNG TANJUNG BUNGAH (1135m, 13-14 mins) — Iconic floating mosque nearby serving the local community's spiritual needs.
Menara Asas has demonstrated significant capital appreciation despite limited transaction volume in the current market cycle.
- PSF Appreciation: RM411.877 psf → RM494.071 psf over recent years (+19.96%) from 2023 - 2026
- Transactions: 1 sale transaction in the last 12 months, indicating modest sale activity.
- PG Pulse Insight: The project shows strong capital growth with a PSF increase of 19.96%, though market liquidity remains limited with 1 sale transaction recorded.
Published date: September 2, 2026