Progressing normallyHandover pushed back 18 months

Foreshore Residence

Tanjung Villa Development Sdn. Bhd.

Daerah Timor Laut, Pulau PinangMap (opens Google Maps in a new tab)

Promised handover: 21 Dec 2027; Originally 21 Jun 2026
Built so far: 98%
Buyers paid: RM 390,000; Median of 567 signed SPAs
For sale from: RM 300,000; 107 units left

Worth knowing

Discounts
4% off
Some buyers got about 4% off the asking price, less than most in Pulau Pinang.
Pulau Pinang typical
10% off
This project
4% off
Handover
+18 months
Handover was pushed back 18 months, while only 20% of Pulau Pinang projects launched in 2023 were.
Pulau Pinang 2023 typical
+12 months
This project
+18 months

The checks

Schedule
Pushed back 18 months
The developer was approved to hand over later than first promised in the sale and purchase agreement.
Progress
Keeping pace
98% built, with 73% of the promised build time used.
Price
Some buyers got 4% off
37% of buyers signed below the asking price. Treat it as a starting point and negotiate.
See what buyers paid

Timeline

First buyers signed21 Jun 2023
Original handover date21 Jun 2026
Extension approved: +18 months
Today98% built
Promised handover21 Dec 2027

What buyers paid

Paid is the price in each buyer's signed SPA. Asking is the developer's listed price. Est. after discount is an estimate for units still for sale: the asking price less the discount buyers of that type typically got.

Asking vs paid

Some buyers got 4% off the asking price

208 of 567 buyers signed below asking, typically saving about RM 20,300. 1 in 10 of them got 12% or more off.

From the price in each signed SPA. Cashback, rebates and free extras given outside the SPA aren't included, so some buyers paid less still.

How much buyers got off

Full price63%
Up to 5% off22%
5–10% off6%
10–15% off7%

Every unit 674

Each unit's asking price and sale status, with what sold units signed at and an estimated price for units for sale.

See every unit with Agents

The Agents plan shows all 674 units: which are sold, what each buyer signed for, and the estimated price of the units still for sale.

See the Agents plan

Data as of 11 Sept 2026. Prices and availability can change; confirm with the developer before you commit.

Type	Paid · median	Paid · range	Asking · units for sale
Apartment / condominium	RM 350,000479 sold	RM 200,000 – RM 480,000	RM 300,000Est. RM 293,800 after discount3 for sale
Serviced apartment	RM 482,30088 sold	RM 305,300 – RM 812,500	RM 340,800 – RM 839,800Est. RM 304,500 – RM 750,400 after discount104 for sale

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Foreshore Residence

Worth knowing

The checks

Pushed back 18 months

Keeping pace

Some buyers got 4% off

Timeline

What buyers paid

How much buyers got off

Every unit 674

First project on record