Frequently asked questions

Crown Penang is a freehold serviced residence on two acres of seafront in Seri Tanjung Pinang, Tanjung Tokong. A single forty-one-storey tower with 588 fully furnished units, developed by Stellar Platinum Sdn Bhd, a subsidiary of Chin Hin Group.

Freehold. The title is a serviced residence, which permits short-term rentals, Airbnb and homestay operations — a structural advantage for investment buyers.

Crown Penang is structured for rental income. The serviced-residence title permits short-term lets from day one. Every unit is delivered fully furnished and rental-ready — no fit-out cost, no renovation delay. Stonyhurst International School at 400 metres drives year-round demand from expatriate families, and the Seri Tanjung Pinang waterfront attracts short-stay visitors. At RM955–997 psf, entry pricing sits below comparable freehold serviced apartments in Georgetown.

Indicative pricing starts from RM783,000 for a 614 sq ft studio. Prices vary by floor, facing and layout. Contact for the current availability and price list.

Yes. The serviced-residence title permits short-term rentals and homestay operations from day one. Units are delivered fully furnished with Signature Kitchen fittings — ready to list on Airbnb or Booking.com the day you collect your keys. No renovation period, no furnishing cost.

Five types from studio to three-bedroom. Type A is a 614 sq ft studio, Type B a 840 sq ft one-plus-one bedroom, Types C and C1 are two-bedroom layouts at 1,087 and 1,141 sq ft, and Type D is a 1,625 sq ft three-bedroom unit. Ground-floor variants (A Garden and B1 Garden) include a private garden.

Yes. Every unit is delivered fully furnished with Signature Kitchen fittings. For investors, this eliminates the fit-out cost and delay that a shell unit requires — the unit is rental-ready from handover.

A serviced-residence title carries commercial utility rates for water and electricity, plus higher quit rent and assessment than a residential title. This is the trade-off for the short-term rental flexibility. Serviced residences under the Housing Development Act may apply to the utility provider for conversion to residential rates — ask the sales team for the current position on this project.

Expected completion is December 2028.

One to three car park bays per unit, across eight levels of structured parking.

A double-storey rooftop facilities deck includes a sky lounge, infinity pool, wading pool, sky gymnasium, jacuzzi, games room, zen garden, co-working space and BBQ area. These are the amenities short-term rental guests rate and photograph. The development has a three-tier 24-hour security system.

Foreigners may purchase units above the Penang state minimum threshold, currently RM1 million for strata properties. MM2H visa holders may qualify for a lower threshold. Consult a solicitor for the current rules.

On Seri Tanjung Pinang, the established waterfront precinct in Tanjung Tokong, between Straits Quay Marina Mall and The Tamarind. Stonyhurst International School is 400 metres away, Gurney Drive about five minutes by car.

Stellar Platinum Sdn Bhd, a subsidiary of Chin Hin Group. Chin Hin is a Bursa-listed diversified group with a track record across construction, property and building materials.