My Property Deals

Waterstone – BSG Property

Waterstone Penang

You’ll find: Video (coming soon), Layout, floor plan, facilities and details of this properties, including prices for sale & rent and most importantly our review for Waterstone.

Table of Contents

Waterstone LOCATION

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Who is the developer? – BSG Property

BSG property
BSG Property

Waterstone, a residential condominium development by Taman Sri Bungah Sdn. Bhd. (a subsidiary BSG Property) at Tanjung Bungah, Penang.

The first phase of this development will see the construction of 45-storey condominium, featuring two high-rise tower blocks with 365 residential units and 8-level multi-storey carpark.

The project is still in its planning stage and pending for approval / launching as at Year 2022. 

Key Features / Summary of Waterstone

Property Type

Residential condominium


FREEHOLD property


BSG Property

Maintenance Fees

to be updated

Built up / Size

1,226 sf - 2,118 sf

Date of completion

Approx year 2026-2027

Total Units

Total 2 tower
Total level: 45
Total Unit: 365

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    More About Waterstone

    Waterstone Facilities

    • Olympic Lap Pool
    • Playground
    • Soft Exercise Area
    • BBQ Area
    • Pavilion with Swing
    • WiFi Lounge
    • Outdoor Fitness
    • Tea House
    • Jacuzzi
    • Indoor Gym
    • Reading Area

    Waterstone Floor plan

    Waterstone layout

    to be updated

    to be updated

    Waterstone Penang For Sale & Rent

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    To be updated

    sq ft
    • Bedrooms
    • Bathrooms
    • Balcony
    • FREE S&P Legal Fees
    • FREE Loan Legal Fees

    To be updated

    sq ft
    • Bedrooms
    • Bathrooms
    • Balcony
    • FREE S&P Legal Fees
    • FREE Loan Legal Fees

    To be updated

    sq ft
    • Bedrooms
    • Bathrooms
    • Balcony
    • FREE S&P Legal Fees
    • FREE Loan Legal Fees

    Frequently Asked Questions (FAQs) about Waterstone Penang

    Waterstone Tanjung Bungah Related Questions:

    Personally I would estimate Waterstone to be completed on year 2027 (as at November 2022, Waterstone still remain unlaunched)

    As at Nov 2022, nothing / any development that I know will block Waterstone other than existing building.

    Yes you can. However, if it is a new project / under-constructions / developer’s unit , developers are giving free legal fees ya. 

    Developers would be happy if you help them save cost

    You can contact me by clicking any button here. As long as I’m awake I will answer your call & reply your message. 

    You can also call me at +6011-1098 4066

    Rest assured. We are here to help & provide solution. We promise no hard selling or pushing. Tell us what’s in your mind and we’ll try our best to help

    Please contact us via 011-1098 4066 to visit  and get more information!

    Yes you can, please don’t hesitate to contact us for more details. 

    Can i take loan with local banks? Yes you can but there’s certain criteria you have to fulfill in order to apply loan from the local banks. Talk to us and we’ll help you with our best & show you important fees to be involved / get prepared.

    Get e-Brochure for Waterstone Tanjung Bungah

    Waterstone Penang Review

    Is Waterstone Penang a Good Buy ?

    Our Analysis / Opinion

    I can’t tell if Waterstone is a good condominium but overall Tanjung Bungah neighbourhood is a good place to stay if you like quiet, peaceful and etc. 

    I think quality wise shouldn’t be a problem / a doubt for BSG Property because if anyone doubt or question BSG Property’s quality issue then I think you can’t trust most of the developer in Penang anymore. I can’t say the top because I don’t wanna draw unnecessary “gun power” from dear keyboard warriors but at least I can conclude above average.

    Well, that’s gonna be a few years later and things gonna change, I can only predict that if you want a high rental ROI then Waterstone might not be a good choice as at year 2022 perspective.

    Well, as usual for most of my answer for you is it depends, how much you want to sell? I think i would say moderate difficulty i.e. not too hard not so easy to sell it in the future because of the price

    Great / peaceful location and quality wise I won’t be worry compared to most Penang developers.

    DISCLAIMER: This article is solely based on research done using publicly available data. This is not an advertisement. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider, or party in question.

    Reference: &

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    Scott Seow

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