Southbay City

Condominium Serviced Residence Terrace Bungalow Shop Office
Southbay City, Jalan Permatang Damar Laut, Batu Maung, 11...
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Mah Sing Group
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Developer of Southbay City, Mah Sing Group

Southbay City is an ambitious, multi-billion ringgit integrated township development within the prime location of Batu Maung, Penang. Covering an expansive area of more than 34.5 acres, the township aims to bring the concept of living, working and relaxing within a sea-side enclave amidst a lively, urban setting.

Winner of the 2010 Cityscape Asia Real Estate Award for Best Waterfront Development (Future), the architectural and town-planning marvel had drawn inspiration from the Sydney Harbour in Australia, Canary Wharf in London and Spanish resorts dotting the Mediterranean sea. The township comprises of several residential and commercial projects, namely Southbay City, Legenda @ Southbay and Residence @ Southbay, which will be completed by phases.

Southbay Plaza makes up the first phase of the development, with sea-front retail shops and residential suites. Retail shop-lots are available in a variety of sizes ranging from a spacious 1,200 sf to a whopping 14,000 sf while residential suites are set to be sold at comfortable sizes of between 1,028 sf to 1,645 sf.

Southbay Legenda on the other hand, is a collection of 3 to 4-storey, luxury resort bungalows, namely Legenda Scenic, Deluxe and Grande. The resort homes come in massive built-up spaces of between 6,460 sf to 7,300 sf with some layout types even featuring their very own pool. Southbay Residences, the last phase of the integrated development, is comprised of 277 units of 3-storey link houses, also set within a resort-style neighbourhood. The premium properties are spacious with built-up sizes of 3,130 sf up to 3,413 sf.

In all, Southbay City aims to encompass an impressive collection of landed properties, 1 high-rise corporate office tower, 2 hotel towers, 5 blocks of shop-offices, and 9 towers of serviced suites. There is also a Cheng Hoe memorial Hall and a petrol station, proposed to be included within the township.

Southbay City will enjoy convenient accessibility to other parts of Penang via the Tun Dr. Lim Chong Eu Expressway and Jalan Sultan Azlan Shah, making Georgetown a short 25 minutes drive from the development and just minutes from Bayan Lepas and the second Penang bridge.

Southbay City is set to bring urban luxury to the region of Batu Maung, where most developments have been lower-medium to medium cost residences aimed at the working community. The strategic location of Southbay City within the peripheries of Bayan Lepas and the second Penang bridge enables it to be conveniently close enough for ease of everyday commute to work while also providing a sea-side sanctuary for residents to return to at the end of the day.

24-hour
Security
Yes
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants


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2016 Apr
(Year of Completion)
This project was completed 3 years ago
  • RM 795,000 - RM 5,938,400
  • From RM 838,000
  • From RM 1,500
  • NIL
Built Up
1,107 sq ft - 12,514 sq ft
Land Title
Mixed
Tenure
Freehold
Total Blocks
17
Total Storey
30
Total Units
802
Parking
Min. 1

Nearby Amenities

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Did you know?

Check out the value of surrounding upcoming properties to make the best buying decision.

Property Name Year of Completion Launch Price Ad Selling Price
Southbay City Apr 2016 RM 795,000 - RM 5,938,400 RM 1,430,000 - RM 1,430,000
RM 456 psf - RM 456 psf
The Loft @ Southbay City Dec 2017 RM 1,600,800 - RM 5,806,800 NIL
1 For Sale in Southbay City 1 For Rent in Southbay City

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 (%)
Southbay City Apr 2016 RM 1,430,000 - RM 1,430,000
RM 456 psf - RM 456 psf
RM 2,900 - RM 2,900 NIL 2.43 %
Southbay Plaza @ Southbay City Apr 2016 RM 770,000 - RM 1,400,000
RM 660 psf - RM 858 psf
RM 1,500 - RM 1,500 NIL 2.49 %
Legenda @ Southbay Nov 2013 From RM 4,200,000 NIL NIL NIL
Residence @ Southbay Aug 2011 RM 1,250,000 - RM 2,080,000
RM 399 psf - RM 880 psf
RM 2,000 - RM 2,000 NIL 1.73 %
Sunway Mutiara 2008 RM 1,202,850 - RM 2,200,000
RM 333 psf - RM 537 psf
RM 2,000 - RM 2,000 NIL 1.41 %
1 For Sale in Southbay City 1 For Rent in Southbay City 8 For Sale in Southbay Plaza @ Southbay City 11 For Rent in Southbay Plaza @ Southbay City 10 For Sale in Residence @ Southbay 6 For Rent in Residence @ Southbay 5 For Sale in Sunway Mutiara 1 For Rent in Sunway Mutiara

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 475 psf -
2,500 - 4,000 sq ft - - -
4,000 sq ft and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 146 psf
Non Landed Properties
RM 504 psf
Landed Properties
RM 552 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 79,500
    Loan Amount ( 90 %) RM 715,500
    Tenure Years 35 Years
    Interest Rate 4.85%
    Others (Estimation) RM 10,000
    Apply now
    Monthly Installment
    RM 3,000 ±
    Mortgage Provided By Hong Leong Bank
    Maintenance Fee
    N / A
    RM N / A psf (1,107 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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