17 Houses for Sale at One One Eight (118 @ Island Plaza)
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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.
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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 development continues to draw buyer interest in the local market, maintaining its position within the current property landscape.
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 494K
- Avg PSF: RM 890 psf
- Available Units: 4
- 2-Bedroom Units:
- Avg Asking Price: RM 600K
- Avg PSF: RM 774 psf
- Available Units: 1
- 3-Bedroom Units:
- Avg Asking Price: RM 750K
- Avg PSF: RM 645 psf
- Available Units: 1
- ISLAND PLAZA (166m, 1-2 mins) — Frequent Rapid Penang bus services stop right here, making your daily commute around George Town very straightforward.
- TAMAN BATU BUKIT (228m, 2-3 mins) — Another handy stop nearby that connects you to the wider bus network for easy travel to Tanjong Bungah.
- KUMON TANJUNG TOKONG (213m, 2-3 mins) — A reputable after-school learning centre just a short walk away for children's academic development.
- SK TANJONG TOKONG (971m, 11-12 mins) — The local primary school is within walking distance, which is very convenient for families with young kids.
- SJK (CINA) HUN BIN (1169m, 14-15 mins) — A well-known Chinese primary school in the area that serves the local community well.
- TENG POLYCLINIC (179m, 2-3 mins) — Having a reliable clinic so close by is great for quick medical consultations and family health check-ups.
- KK ONG DENTAL SURGERY (163m, 2-3 mins) — Professional dental care is practically next door for your regular maintenance and oral health needs.
- TAN PHARMACY (276m, 3-4 mins) — A nearby pharmacy makes it easy to pick up prescriptions and daily healthcare essentials without any fuss.
- COLD STORAGE ISLAND PLAZA (0m, 0 min) — You can't get any closer than this for high-quality groceries and fresh produce right within your building.
- ISLAND 88 (83m, 1-2 mins) — A modern retail space just steps away that adds more variety to your shopping and leisure options.
- CITY JUNCTION MALL (266m, 3-4 mins) — This nearby mall provides even more choices for retail therapy and lifestyle services just down the road.
- THE COFFEE BEAN & TEA LEAF (135m, 1-2 mins) — A perfect spot for a quick morning caffeine fix or a casual business meeting just outside your door.
- DOME CAFE ISLAND PLAZA (147m, 1-2 mins) — Enjoy a nice meal or a relaxed afternoon tea at this popular cafe located within the plaza.
- KAFE TANJUNG (209m, 2-3 mins) — A local favourite for those who want to enjoy authentic flavours and affordable daily meals nearby.
- BANK SIMPANAN NASIONAL (180m, 2-3 mins) — Essential banking services are located just around the corner for your financial convenience.
- CIMB BANK (216m, 2-3 mins) — Having a major bank so close by is a huge plus for business owners and residents alike.
- HAPPY MART (362m, 4-5 mins) — Ideal for those late-night snack runs or picking up household items at any time.
- FAMILYMART (670m, 8-9 mins) — A popular spot for quick ready-to-eat meals and a wide range of imported snacks.
- FONG SHAN TEMPLE (406m, 4-5 mins) — A local community temple located within a short walk for residents.
- MASJID KARWA (582m, 7-8 mins) — The neighbourhood mosque is easily accessible for the local Muslim community.
- EDUCATION INSTITUTE COMPLEX (687m, 8-9 mins) — This nearby facility provides tertiary education options and professional training close to home.
Highly attractive for: Young Professionals, Ambitious Entrepreneurs, Property Investors, and Small Families.
One One Eight (118 @ Island Plaza) demonstrates a notable upward trend in capital value, reflecting positive market sentiment for the project.
- PSF Appreciation: RM667.942 psf → RM736.643 psf over recent years (+10.29%) from 2023 - 2025.
- PG Pulse Insight: The project has seen a significant PSF appreciation of +10.29%, indicating a strengthening price position in the current market.
Published date: June 5, 2026







