12 Houses for Sale at Straits Regency
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The Straits Regency is a freehold condominium and matured condominium located at No. 2, Persiaran Tanjung Bungah 3, Tanjong Bungah, Timor Laut, Penang. It only has one block with 104 units housed within a single block of 26 stories. It is low density condominium with every unit able to have breathtaking view of sea, fresh air and greenery hill view. It also comes with stylish interior, beautiful landscape with a built up size approximately from 1,530 to 1,670 sqft per unit. The property was developed by Taman Ratu Development Sdn Bhd which is a member of Taman Ratu Group of Companies that has many well completed projects around Penang. This condominium considered as a low density where only 5 units for each floor. The Straits Regency offered 3 type of layouts. Some unit consists of 3 bedrooms with 2 bathrooms and some have 4 bedrooms with 3 bathrooms. Tanjung Bungah is one of the famous tourist attractions in Penang Island as it is near to beaches area. The Straits Regency is accessible via Jalan Batu Ferringhi, Jalan Kelawei, Persiaran Gurney, Jalan Mount Erskine, Jalan Bagan Jermal and many major roads in Penang. It is also within 10 minutes drives to Penang Bridge along Tun Dr. Lim Chong Eu highway and access to Jelutong Expressway. It is indeed a great place to live in as many public amenities are near to the condominium such as nigh market, banks, shops, restaurant, eateries, petrol stations, hotels, clincs and it is also near to Chinese Swimming Club and Penang Swimming Club. Several schools in the area such as SK Tanjung Bungah, SJK(C) Poay Wah, Federal Special School and Dalat International School that are a just within 5 minutes drive away. Despite, it is a great place for people who love shopping because this condominium is near to Gurney Plaza, Island Plaza, Gurney Paragon, Strait Quay and Tesco Seri Tanjung Pinang which they can shop for everything they want. In case of any emergency, many famous hospitals in the area such as Penang Adventist Hospital, Gleneagles Medical Centre, Mount Miriam Hospital and Tanjung Medical Centre are all in short distance away. In addition, public transportation also available in the area and the residents can use the taxis and buses to move to and from the location easily. Rapid Penang Bus station is near to The Strait Regency. Residents do not have to worry about the transports if they do not own a vehicle. Many taxis will also be surrounding the area as it is near to tourists spot area. The Straits Regency provides a lot of facilities and features such as swimming pool, wading pool, playground, badminton hall and gymnasium that is well equipped, so residents can exercise and enjoy healthy lifestyle. The condominium also offered car park facilities to its residents. There is also a landscape garden that can create a fresh and relax environment and can be a recreation area. Barbeque area also available for residents to enjoy with their friends and family. Most important, the condomium has equipped with an intercom system and 24-hour security team to ensure that the residents are protected and secured from any kind of external threats. The development of The Straits Regency is completed in June 2006. It is a preferred location in Tanjung Bungah area. This condominium offers comfort of modern family lifestyle and it is considered as a low density where only 5 units for each floor. Most of the units have a beautiful sea and night view. The Straits Regency offered 3 type of layouts. Type A consists of 1615 sf, Type B has 1530 sf and Type C is the largest has 1670 sf. Some unit consists of 3 bedrooms with 2 bathrooms and some have 4 bedrooms with 3 bathrooms. The selling price is between RM500,000 to Rm1,750,000. The buyer also has option to rent out the units making the development attractive from investment point of view. The monthly rental per month is approximately RM1,350 to RM4,500. The maintenance fee is RM 0.20 per sf which the residents need to pay it monthly. Due to its great locations in the area making the development attractive, valuable and charming. It not only attracts local people to buy and live in, but it also attracts many investors all around the world to invest. There are few condominiums developed by Taman Ratu Development Sdn Bhd within that areas are The Tamarind @ Seri Tanjung Pinang, Quayside, All Seasons Park, The Peak Residences and Andaman @ Quayside.
DeveloperTaman Ratu Development Sdn Bhd
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The project retains a presence in recent search activity for the local market, according to PropertyGuru search trends over the past month. This condominium continues to draw buyer interest in the local market, maintaining its relevance among active property seekers looking for established residential options.
Pricing by Unit Types:- 3-Bedroom Units:
- Avg Asking Price: RM 718K
- Avg PSF: RM 464 psf
- Available Units: 5
- 4-Bedroom Units:
- Avg Asking Price: RM 798K
- Avg PSF: RM 469 psf
- Available Units: 1
- GRAND OCEAN CONDOMINIUM (876m, 10-11 mins) — Convenient local stop for residents looking to commute via the island's public bus network.
- PERHENTIAN BAS TANJUNG BUNGA (1388m, 16-17 mins) — Major local bus hub providing more frequent routes toward the city center and Batu Ferringhi.
- SK TANJUNG BUNGA (1446m, 17-18 mins) — Established primary school nearby, making the morning school run easier for local families.
- SJK (CINA) POAY WAH (1494m, 17-18 mins) — Reputable vernacular school providing quality education options within the neighborhood.
- DALAT INTERNATIONAL SCHOOL (1925m, 23-24 mins) — Well-known educational institution offering a global curriculum just a short drive away.
- ENG PHARMACY (1051m, 12-13 mins) — Handy local pharmacy for quick access to health supplies and daily wellness needs.
- TANJUNG BUNGAH HEALTH CLINIC (1099m, 13-14 mins) — Essential public healthcare facility providing medical services for the local community.
- TEJANI MEDICAL CLINIC (1384m, 16-17 mins) — Nearby private medical practice for convenient family consultations and general check-ups.
- TANJONG BUNGAH WET MARKET (1383m, 16-17 mins) — Traditional market for fresh local produce and a staple for daily grocery shopping.
- MAK LAN NASI CAMPUR (580m, 6-7 mins) — Popular local spot for a variety of traditional Malay dishes right in the neighborhood.
- BUDI TOMYAM SEAFOOD ALA THAI (705m, 8-9 mins) — Great nearby option for families who enjoy authentic Thai flavors and fresh seafood.
- SUNSHINE BAY SEAFOOD (903m, 10-11 mins) — Coastal dining experience perfect for evening meals with a sea breeze.
- MAYBANK (1104m, 13-14 mins) — Full-service banking branch nearby for easy management of personal and business finances.
- ALPHA MART (790m, 9-10 mins) — Quick stop for daily essentials and household items within walking distance.
- MASJID TERAPUNG TANJUNG BUNGAH (788m, 9-10 mins) — Iconic floating mosque serving as a spiritual and community landmark for the area.
Straits Regency presents a market profile characterized by recent price adjustments and limited transaction volume.
- PSF Appreciation: RM454.556 psf → RM392.039 psf over recent years (-13.75%) from 2024 - 2026
- Transactions: 1 sale transactions in the last 12 months, showing limited sale activity.
- PG Pulse Insight: With a PSF decrease of -13.75% and limited sale activity, the project is currently navigating a period of price recalibration.
Published date: August 3, 2026




















