The Cove is a luxurious beach front condominium standing tall at Tanjung Bungah, Penang. Located along the famous beaches of Tanjung Bungah, each level of this property has only one exclusive residential unit and its private life lobby. Residents of The Cove enjoy panoramic views of the sea from their homes, from all the bedrooms and living halls.
The majority of owners at The Cove are expatriates from all over the world, including America, Australia, U.K, Korea, Taiwan and Singapore. Approximately half of them use their units here as holiday homes.
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Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
| Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
|---|---|---|---|---|---|
| The Cove | 2007 |
RM2,500,000
-
RM12,000,000
RM 416 psf - RM 666 psf |
RM6,500 - RM6,500 | RM4,100,000 (RM 703 psf) | 1.18 % |
| One Tanjong | Nov 2014 |
RM2,700,000
-
RM4,100,000
RM 567 psf - RM 863 psf |
RM7,500 - RM7,500 | NIL | 2.75 % |
| Infinity | Mar 2010 |
RM2,400,000
-
RM6,500,000
RM 638 psf - RM 756 psf |
RM6,800 - RM6,800 | NIL | 1.84 % |
| Springtide Residences | 2009 |
RM3,650,000
-
RM3,800,000
RM 715 psf - RM 950 psf |
RM8,500 - RM8,500 | NIL | 2.54 % |
| Hill View Garden | 2009 |
RM1,300,000
-
RM1,300,000
RM 433 psf - RM 433 psf |
RM2,500 - RM2,500 | NIL | 2.45 % |
| Tanjung Beach | Dec 2005 |
RM1,380,000
-
RM1,788,000
RM 701 psf - RM 822 psf |
RM2,800 - RM2,800 | NIL | 3.9 % |
| Tiara View | 1998 |
RM345,000
-
RM500,000
RM 392 psf - RM 561 psf |
RM850 - RM850 | NIL | 2.91 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
| Non-Landed | Landed | Commercial | |
|---|---|---|---|
| 0 - 500 SQ. FT | - | - | - |
| 500 - 1,000 SQ. FT | - | - | - |
| 1,000 - 1,500 SQ. FT | - | - | - |
| 1,500 - 2,500 SQ. FT | RM 435 psf | - | - |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | RM 622 psf | - | - |
Note:
| Down Payment (10%) | RM 140,000 |
| Loan Amount ( 90 %) | RM 1,260,000 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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