Marina Bay is a high density condominium project located in Tanjung Tokong, a friendly neighbourhood on the island of Penang. Situated strategically at the heart of the popular tourist spot, this ideal location is only few minutes away from Georgetown, Gurney Drive and the beaches in Batu Ferringhi. It is also a good choice for individuals who like to live near to the beach and shopping centres.
Providing basic facilities, each of the units at Marina Bay also comes with a scenic view of the seas and the skylines of Georgetown. Marina Bay is surrounded with a variety of public amenities, such as banks, restaurants, schools and shopping centre, where residents can enjoy a convenient lifestyle.
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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 (%) |
|---|---|---|---|---|---|
| Marina Bay | 2001 |
RM550,000
-
RM1,200,000
RM 408 psf - RM 644 psf |
RM1,500 - RM1,500 | NIL | 5.59 % |
| One One Eight | 2012 |
RM465,000
-
RM850,000
RM 731 psf - RM 958 psf |
RM1,800 - RM1,800 | NIL | 4.2 % |
| Gurney Paragon | Sept 2011 |
RM2,750,000
-
RM4,500,000
RM 878 psf - RM 1,214 psf |
RM5,500 - RM5,500 | NIL | 2.38 % |
| Taman Evergreen | 2008 |
RM360,000
-
RM899,000
RM 514 psf - RM 600 psf |
RM950 - RM950 | NIL | 1.66 % |
| The Bayu | 2008 | From RM600,000 | From RM1,100 | NIL | NIL |
| Sri Bunga Raya | 2006 |
RM440,000
-
RM490,000
RM 488 psf - RM 597 psf |
RM950 - RM950 | NIL | 2.19 % |
| Millennium Tower | 2005 | RM2,870,000 - RM3,850,000 | RM2,400 - RM2,400 | NIL | 1.25 % |
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 | - | - | RM 645 psf |
| 500 - 1,000 SQ. FT | RM 725 psf | - | RM 348 psf |
| 1,000 - 1,500 SQ. FT | RM 483 psf | - | - |
| 1,500 - 2,500 SQ. FT | RM 824 psf | - | - |
| 2,500 - 4,000 SQ. FT | - | RM 3,050,000 psf | - |
| 4,000 SQ. FT and above | RM 853 psf | RM 5,474,286 psf | - |
Note:
| Down Payment (10%) | RM 60,000 |
| Loan Amount ( 90 %) | RM 540,000 |
| 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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