The Cove

Jalan Tanjung Bungah, 11200 Tanjung Bungah, Pulau Pinang
Condominium
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Details:

Developer

City Associates Group
Chinese ad 4621 326x150 01

Facilities

Swimming pool
Wading pool
Gymnasium
Sauna
Community hall
Landscape garden
Barbecue facilities
Tennis court
Basketball court
Outdoor sun-deck table
Chairs and shades
Playground
Jogging track
Barbecue area

Property Details

2007
(Year of Completion)
This project was completed 15 years ago
RM 1,400,000 - RM 1,950,000
RM 2,400,000 - RM 4,100,000
RM 6,000 - RM 12,000
RM0.15psf
Built Up
From 5,820 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
4
Total Storeys
40
Total Units
160
Parking
Min. 2

Description

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.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants
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Floor Plans:

Bedrooms 5 + 1
Bathrooms 5
Category Condominium
Built Up 5820 SQ. FT

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Nearby Amenities:

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Analysis of properties in the area:

This is a representation of historical transaction prices within the property, categorised by non-landed (condominium, serviced apartment, apartment), landed (townhouse, terrace, bungalow, semi-detached, house) and commercial (office, shop). Below is a list of transacted data for The Cove over the last 24 months.

Did you know?

Transacted Prices able to let you make a better decision on how's the property trends in the neighbourhood.

Date Category Address Size Price Price (psf)
2020-06-16 Condominium xxxxxx✕-✕, JALAN TANJUNG BUNGAH 5,834 SQ. FT RM 4,100,000 RM 702
2020-02-14 Condominium xxxxxx-✕, JALAN TANJUNG BUNGAH 5,834 SQ. FT RM 2,770,000 RM 474

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 RM 2,400,000 - RM 12,000,000
RM 400 psf - RM 666 psf
RM 7,000 - RM 7,000 RM 2,784,000 (RM 476 psf) 1.23 %
One Tanjong Nov 2014 RM 2,700,000 - RM 3,000,000
RM 567 psf - RM 631 psf
RM 6,500 - RM 6,500 NIL 3.07 %
Infinity Mar 2010 RM 2,500,000 - RM 6,500,000
RM 663 psf - RM 756 psf
RM 6,800 - RM 6,800 NIL 1.82 %
Hill View Garden 2009 RM 1,300,000 - RM 1,300,000
RM 433 psf - RM 433 psf
RM 2,500 - RM 2,500 RM 2,101,572 (RM 522 psf) 2.45 %
Springtide Residences 2009 RM 3,800,000 - RM 3,800,000
RM 950 psf - RM 950 psf
RM 8,500 - RM 8,500 RM 4,225,000 (RM 910 psf) 2.49 %
Tanjung Beach Dec 2005 RM 1,380,000 - RM 1,788,000
RM 701 psf - RM 822 psf
RM 2,800 - RM 2,800 NIL 3.9 %
Tiara View 1998 RM 345,000 - RM 500,000
RM 392 psf - RM 561 psf
RM 850 - RM 850 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 RM 813 psf - -
1,500 - 2,500 SQ. FT RM 517 psf - -
2,500 - 4,000 SQ. FT RM 391 psf - -
4,000 SQ. FT and above RM 563 psf RM 522 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 602 psf
Non Landed Properties
RM 594 psf
Landed Properties
RM 232 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees

My Affordability:

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
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Monthly Installment
RM 3,000 ±
Maintenance Fee
RM 873 ±
RM 0.15 psf (5,820 SQ. FT)
Total Monthly Expenses
RM 3,000 ±

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.

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