11 Houses for Sale at One One Eight (118 @ Island Plaza)
Updated: 27th Jan 2021 One One Eight (118 @ Island Plaza) is a freehold serviced residence project located along 118 @ Island Plaza, Jalan Tanjong Tokong, George Town, Penang. 118 @ Island Plaza is an unique serviced residence was completed in the year 2012 by Omega Moments Sdn Bhd. One One Eight (118 @ Island Plaza) or it can be simply referred as 118 and it was remodeled from the previous Island Plaza Tower into the SOHO (Small Office, Home Office) units. The residents of this freehold development are able to enjoy the best in dining, shopping, entertainment, leisure, and more as the newly renovated and refurbished Island Plaza Shopping Mall just a doorstep away. All the residential units are well-designed which provides a practical environment to live, work and play within the development. Moreover, the residents of this freehold development can find ample amenities situated around the area such as eateries, 24-hour convenience stores, banks, petrol stations, and clinics which provide the utmost ease to the residences when it comes to attending to their daily affairs. One One Eight (118 @ Island Plaza) is strategically situated at an established location in Tanjong Tokong, embraced by Straits Quay and Gurney Drive. It is easily accessible from major roads and highways such as via Jalan Tanjong Tokong, Jalan Seri Tanjung Pinang, Jalan Fetes, and Jalan Tanjong Bungah where the residents can travel to any places in the city or tourist attractions seamlessly by driving. On top of that, there are also numerous public transportations whereby a multitude of Rapid Penang bus service and taxis are serving the area as well making it an ideal place to live in as travelling in and out from the development is easy and smooth without relying on private transportation. One One Eight stands 12-storey tall and consists of a total of 106 residential units with 8 units on the 5th floor and 14 units from the 6th floor to the 12th floor. Each unit has between 1 to 3 bedrooms with a built-up area ranging from 484 square feet to 1,162 square feet. There are 8 different design layouts available:Type A – (785 to 850 sq.ft, 1 bedroom + 1 bathroom)Type B – (613 to 785 sq.ft, 1 bedroom + 1 bathroom)Type C – (527 sq.ft, 1 bedroom + 1 bathroom)Type D – (613 sq.ft, 1 bedroom + 1 bathroom)Type E – (581 sq.ft, 1 bedroom + 1 bathroom)Type F – (656 sq.ft, 1 bedroom + 1 bathroom)Type G – (1,161 sq.ft, 3 bedrooms + 2 bathrooms)Type H – (484 sq.ft, 1 bedroom + 1 bathroom)For relaxation and swimming enthusiasts, a beautiful swimming pool and jacuzzi are provided within this freehold development. Most importantly, One One Eight is equipped with a 24-hour security system to protect the residents and their belongings from any external threats. One One Eight is surrounded by a handful of education options that fulfil the needs for sending kids from primary to tertiary levels, with schools like Sekolah Jenis Kebangsaan (Cina) Hun Bin, Sekolah Kebangsaan Tanjong Tokong, Sekolah Agama Rendah Tuan Guru and SMK Convent Pulau Tikus just around the vicinity. Several renowned higher education institutions are located not far away from this freehold development, namely Peninsula College, Straits Quay Campus, and Tunku Abdul Rahman University College. Getting medical attention is easy with Mount Miriam Cancer Hospital, Penang Adventist Hospital, and Gleneagles Hospital Penang where the residents can go in case of any medical situation. For regular check-ups, residents can visit the Poliklinik Teng, Klinik Mediviron Tanjung Tokong, Penang, and Leh Clinic.Furthermore, many shopping destinations and hypermarkets include Tesco Tanjung Pinang, Straits Quay Marina Mall, Island Plaza, and Gurney Plaza. All these malls also provide ample choices for leisure, dining, and entertainment. Furthermore, various amenities like banks, convenience stores, and petrol stations are just scattered around the area, making sure that the residents of the development do not have to worry about anything. The residents of this freehold development who loves to go out and dine have the privilege to taste the different cuisines that are offered by the wide array of dining establishments in the area, satisfying the craving tummies with the neighbouring dining like Daorae Korean BBQ Tanjung Tokong, Tankoya Yakiniku Japanese BBQ Penang, Fatty Loh Chicken Rice, and Hai Wei Seafood Restaurants. If you or your family members are a fan of sports, One One Eight is definitely a place for you. You are surrounded by a number of sports centers such as Penang Water Sports Recreation Centre and Penang Sports Club. Moreover, there are famous seaside spots such as Batu Ferringhi beaches and Tanjung Bungah beaches are a short distance from the development. There are many job opportunities around the area which makes this place perfect for experienced executives or even youngsters. The listing price of this freehold development is starting from RM460,000 to RM790,000. If you are interested in other projects within the same price range, check out this list of properties.This development is built in a mature neighbourhood of Georgetown. Besides that, all the units for sales are suitable for those who are looking for a great place to live, work, and play. Investors also target the future rental markets as they see a strong interest in young working adults looking for a suitable unit for rent around the vicinity of Georgetown.
Explore PropertyGuru
Over the past 30 days, the development has remained present in local property search activity according to PropertyGuru data. Recent search patterns suggest the development retains a visible place in area-level property browsing for active buyers.
Most-searched Units: 3-BedroomPopular preferences: Gym
Pricing by Unit Types:
- Studio Units:
- Avg Asking Price: RM 450K
- Avg PSF: RM 734 psf
- Available Units: 1
- 1-Bedroom Units:
- Avg Asking Price: RM 459K
- Avg PSF: RM 782 psf
- Available Units: 5
Location & Lifestyle Highlights — One One Eight (118 @ Island Plaza) 166m (1-2 mins) to ISLAND PLAZA — This central transit point offers a quick connection to the Rapid Penang bus network, making it easy to reach Gurney Drive or the heart of Georgetown. One One Eight transforms a classic landmark into a modern SOHO lifestyle where you can live and work right above the refurbished Island Plaza shopping mall. It is a practical choice for those who want the convenience of having dining, retail, and daily essentials literally at their doorstep in the mature Tanjong Tokong neighborhood. Nearby hotspots: Bus Stops (7 within 1 km):
- ISLAND PLAZA (166m, 1-2 mins) — Direct access to frequent bus services for a smooth commute along the main Tanjung Tokong corridor.
- TAMAN BATU BUKIT (228m, 2-3 mins) — Additional bus route options nearby for easy travel towards Tanjung Bungah or the city center.
- KUMON TANJUNG TOKONG (213m, 2-3 mins) — Convenient after-school enrichment center located just a short walk away for young students.
- SK TANJONG TOKONG (980m, 11-12 mins) — Local primary education within the neighborhood, making the morning school run much simpler for parents.
- SJK (CINA) HUN BIN (1169m, 14-15 mins) — Established Chinese primary school nearby that is a popular choice for local families.
- KK ONG DENTAL SURGERY (135m, 1-2 mins) — Professional dental care located just around the corner for routine check-ups.
- TENG POLYCLINIC (179m, 2-3 mins) — Nearby medical clinic providing easy access to healthcare services and general consultations.
- FONG CLINIC (274m, 3-4 mins) — Another accessible healthcare option for residents needing quick medical attention.
- COLD STORAGE ISLAND PLAZA (0m, 0 min) — Premium grocery shopping is located right within the building for ultimate daily convenience.
- ISLAND 88 (83m, 1-2 mins) — Immediate access to a variety of retail shops and services just a few steps from home.
- CITY JUNCTION MALL (266m, 3-4 mins) — Modern lifestyle mall nearby offering even more shopping and lifestyle choices for residents.
- THE COFFEE BEAN & TEA LEAF (135m, 1-2 mins) — Perfect spot for a quick caffeine fix or a casual meeting just down the street.
- DOME CAFE ISLAND PLAZA (147m, 1-2 mins) — Quality dining option within the immediate vicinity for relaxed weekend brunches.
- KAFE TANJUNG (209m, 2-3 mins) — Local food options nearby providing a variety of affordable and tasty meals.
- BANK SIMPANAN NASIONAL (180m, 2-3 mins) — Essential banking services available within a very short walking distance.
- CIMB BANK (216m, 2-3 mins) — Convenient branch access for residents to manage their personal or business finances.
- HONG LEONG BANK (220m, 2-3 mins) — Another major banking facility nearby to support the needs of SOHO occupiers.
- HAPPY MART (362m, 4-5 mins) — Handy 24-hour store for grabbing quick snacks or household essentials at any time.
- FAMILYMART (670m, 8-9 mins) — Popular convenience chain nearby offering a wide range of ready-to-eat meals and drinks.
- FONG SHAN TEMPLE (406m, 4-5 mins) — Local place of worship within walking distance for the neighborhood community.
- MASJID KARWA (582m, 7-8 mins) — Nearby mosque providing a place for prayer and community activities for Muslim residents.
- EDUCATION INSTITUTE COMPLEX (687m, 8-9 mins) — Close proximity to educational facilities, making it a strategic location for students or academic staff.
Market & Sale Insights
One One Eight (118 @ Island Plaza) demonstrates a notable upward trend in capital value within its market segment.
- PSF Appreciation:RM667.942 psf → RM761.035 psf over recent years (+13.94%) from 2023 - 2026.
- PG Pulse Insight: The project has shown a significant PSF appreciation of +13.94%, indicating a positive capital growth trend for investors.
Published date: November 4, 2026





