Leisure Bay is located within the vicinities of Tanjung Tokong, Penang. The high-rise condominium residence is one of many such developments in the area, including The Brezza, Grand View and others.
The single tower residence is 19 stories tall with an average of only 4 units to a floor, bringing the total to 82 units. There are 80 standard units at Leisure Bay which are available in built-up sizes of 800 sf to 1,300 sf. Penthouse units are exclusively limited to 2 units, which are 3,000 sf in built-up area.
Leisure Bay features the common facilities found in many other condominium residences of its kind, such as a swimming pool, wading pool, gymnasium, barbecue area, and landscaped garden. There is also a squash court, which newer condominium residences do not have. A covered parking lot accommodates the vehicles of Leisure Bay residents while 24 hour security is also provided.
The freehold units at Leisure Bay are commonly sold at prices of around RM620,000 while partially or even fully furnished units can be rented at approximately RM1,250 a month.
Conveniently situated within close proximity to matured commercial hubs and major roads, amenities such as banks, eateries, convenience stores and petrol stations can be found at the doorsteps of Leisure Bay. TESCO Seri Tanjung Pinang and Straits Quay Marina Mall are also just a 5 minutes’ drive away. Retail outlets like Gurney Plaza and Gurney Paragon along with popular food courts along that stretch are also around 10 minutes from the residence.
Jalan Tanjung Tokong connects Leisure Bay to other parts of the island, making it highly accessible. Continuing up north on Jalan Tanjung Tokong will bring you to Tanjung Bungah and Batu Ferringhi while going down south will link you to roads like Jalan Burmah and Jalan Kelawai which leads to Gurney Drive and Georgetown. These roads, though convenient, can be quite a hassle sometimes as traffic congestion is common during peak hours, weekends and public holidays.
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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 (%) |
|---|---|---|---|---|---|
| Leisure Bay | 1990 |
RM360,000
-
RM605,000
RM 341 psf - RM 600 psf |
RM1,200 - RM1,200 | NIL | 3.05 % |
| Quayside | Apr 2017 |
RM980,000
-
RM26,000,000
RM 666 psf - RM 8,392 psf |
RM2,000 - RM2,000 | NIL | 0.8 % |
| The Latitude | May 2015 |
RM700,000
-
RM1,200,000
RM 465 psf - RM 750 psf |
RM1,700 - RM1,700 | NIL | 3.01 % |
| One One Eight | 2012 |
RM465,000
-
RM850,000
RM 731 psf - RM 958 psf |
RM1,800 - RM1,800 | NIL | 4.2 % |
| Fettes Residences | June 2011 |
RM1,050,000
-
RM2,000,000
RM 433 psf - RM 1,000 psf |
RM2,500 - RM2,500 | NIL | 3.19 % |
| The Brezza | 2011 |
RM600,000
-
RM1,250,000
RM 480 psf - RM 912 psf |
RM1,500 - RM1,500 | NIL | 3.08 % |
| Fettes Park | 2011 |
RM690,000
-
RM4,300,000
RM 627 psf - RM 833 psf |
NIL | NIL | NIL |
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 715 psf | - | RM 348 psf |
| 1,000 - 1,500 SQ. FT | RM 811 psf | - | - |
| 1,500 - 2,500 SQ. FT | RM 728 psf | - | - |
| 2,500 - 4,000 SQ. FT | RM 818 psf | RM 2,566,667 psf | - |
| 4,000 SQ. FT and above | RM 1,071 psf | RM 4,325,000 psf | - |
Note:
| Down Payment (10%) | RM 62,000 |
| Loan Amount ( 90 %) | RM 558,000 |
| 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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