Cantonment Residence
Penang

Cantonment Residence Penang is priced from RM 2.25 Million for Type A (2,024 sq ft) up to RM 5.868 Million for the premium Type H penthouse (4,540 sq ft). All prices are indicative net prices. The most sought-after Type C (2,691 sq ft) starts from RM 3.384 Million. Contact us via WhatsApp for the latest pricing and available units on Cantonment Road, Penang.

Yes, Cantonment Residence carries a freehold land title — one of the most valuable attributes in Malaysian property. Freehold tenure means permanent ownership with no lease renewal, making it an exceptional long-term investment on Penang Island’s most prestigious residential enclave.

Most major Malaysian banks offer financing for Cantonment Residence at up to 90% margin of financing for first and second residential properties. Given its luxury positioning and freehold status on Cantonment Road, Penang, the project qualifies for competitive mortgage rates. We recommend engaging a mortgage specialist — WhatsApp us and we’ll connect you directly.

Maintenance fee for Cantonment Residence will be RM 0.55 per sqft. As a low-density development of just 128 residences, residents benefit from shared operational costs spread across fewer units — typically resulting in a more premium but reasonable per-unit rate relative to the quality of facilities and services provided. Contact us for the latest confirmed maintenance fee figure. 

Cantonment Residence is situated on Cantonment Road, George Town, Penang Island — right next to Disted College. The address places residents within 0.1 km of two international schools, 0.2 km from Island Hospital, and approximately 1 km from Gurney Drive, Gurney Plaza, and Gurney Paragon Mall. It is one of Penang’s most coveted low-density residential enclaves.

Cantonment Residence on Cantonment Road is approximately 1 kilometre from Gurney Drive — Penang’s premier waterfront lifestyle boulevard. Gurney Plaza and Gurney Paragon are both within 1 km, while the Penang Marriott Hotel and Ascott Gurney are approximately 1.4 km away. The central location provides easy access to Georgetown, Pulau Tikus, and all major lifestyle nodes on Penang Island. WhatsApp us to arrange a site visit.

The location is exceptional for families. Disted College and St. Christopher’s International School are both within 0.1 km — walkable distance. For healthcare, Island Hospital and Northen Heart Medical Center are 0.2 km away, with Loh Guan Lye Specialist (0.5 km), Gleneagle Hospital (1 km), and Adventist Hospital (1.5 km) all within close reach. Penang Island’s finest educational and medical infrastructure is literally at your doorstep.

Cantonment Residence has a total of 128 exclusive residences across 1 tower of 34 storeys. This ultra-low density — just 4 to 6 residences per floor — is one of the rarest in all of Penang Island and directly contributes to a quieter, more private lifestyle on Cantonment Road.

Cantonment Residence dedicates an entire floor (Level 10) exclusively to resident facilities, including an infinity pool, Sky Lounge, gymnasium, and landscaped outdoor terraces. Residents are shielded from street-level noise with all amenities elevated above the carpark podium. The result is a resort-quality living experience within a prestigious city address.

Cantonment Residence Penang is estimated to be completed in Q1 2030. Jointly developed by VST Group and BSG Group — two of Penang’s most established property developers — the project benefits from the combined delivery track record of both groups. BSG Group recently completed the landmark Marriott Residences Penang in 2023.

Cantonment Residence ticks every box for a strong investment: freehold tenure, ultra-low density (128 units), premium enclave address, and joint-developer pedigree. Properties on Cantonment Road, Penang Island historically command premium resale and rental values due to the scarcity of new freehold supply in this neighbourhood. The 14% total developer rebate further enhances the investment entry position.

Given its proximity to international schools, top hospitals, and Gurney Drive, Cantonment Residence is well-positioned for professional expatriate and high-income local rental demand. Large-format freehold units (2,009–4,540 sq ft) in low-density developments on Penang Island attract some of the island’s strongest long-term rental premiums. Contact us to discuss projected yield scenarios.

Among current new launches in Penang Island, Cantonment Residence stands out for its combination of ultra-low density, freehold title, and Cantonment Road address — a neighbourhood where new freehold supply is extremely rare. At 128 units total, it is significantly more exclusive than most new launches. The joint-venture developer pedigree (VST Group + BSG Group) and large unit sizes further differentiate it from the market. WhatsApp us for a full comparison.

Yes, Cantonment Residence is open to foreign buyers subject to Penang state government approval. The minimum purchase price for foreigners in Penang Island is RM 1 Million, and all units at Cantonment Residence exceed this threshold. Foreign buyers should note that state government consent (consent to transfer) is required. Our team can guide you through the entire process — WhatsApp us for details.

All units at Cantonment Residence are eligible for MM2H participants. The freehold status, Penang Island location, and pricing above the MM2H minimum threshold make it a natural fit for international residents seeking a permanent base in Malaysia. We recommend consulting a licensed MM2H consultant — contact us and we’ll refer you to a trusted specialist.

Cantonment Residence is a joint venture between VST Group and BSG Group (Boon Siew Group) — two of Penang’s most respected property developers. BSG Group is responsible for the landmark Marriott Residences Penang (completed 2023) and The Marin on Gurney Drive. VST Group brings a proven track record in Penang Island residential development. Together, they bring exceptional design, delivery, and quality credentials to Cantonment Road.

Yes. All information about Cantonment Residence Penang is subject to the official Sales and Purchase Agreement (SPA) and applicable Malaysian housing laws. This website is operated by Gabriel Khaw Chung Keat (REN 71321), a licensed Real Estate Negotiator under IQI Realty Sdn. Bhd. (E(1)1584), and is an independent marketing site. All pricing and specifications are subject to change — please request the latest official information via WhatsApp.