Southbay Plaza @ Southbay City

Serviced Residence Shop
Southbay City, Jalan Permatang Damar Laut, Batu Maung, 11...
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Developer

Mah Sing Group
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Developer of Southbay Plaza @ Southbay City, Mah Sing Group

Facilities

Infinity pool
Gymnasium
Reading corner
Party deck
BBQ area
Children’s playground
Lush gardens

Southbay Plaza @ Southbay City is situated in what is arguably, one of Penang’s most accessible district, Batu Maung. The collection of serviced suites and retail lots are Phase 1 of the ambitious, Southbay City integrated township project. The development was completed in April of 2016 and towers over the once quiet town of Batu Maung at 30-storeys high. Residences at Southbay Plaza are comprised of 2 blocks of serviced suites with a single, 3 storey block of commercial shop-lots just below.

Retail units at Southbay Plaza are available in an array of sizes to suit different business needs. Units on the first floor are built between the sizes of 1,050 sf to1,397 sf while those on the second floor will be slightly larger, at 2,570 sf to 2,934 sf. Retail units on the top floor are largest in size with expansive spaces of between 4,350 sf to a massive 12,514 sf. Units on the front of the plaza also feature large floor to ceiling glass windows.

Southbay Plaza serviced suites are designed with luxury and ideal living in mind. The units feature high ceilings and wide balconies to enable a heightened sense of spaciousness and enable views of the Malacca Straits. Amenities and facilities within the residences are also purposefully designed to promote healthy living and leisure within a lush, landscaped environment. These include an infinity pool, gymnasium, reading corner, party deck, barbecue area and children’s playground.

Serviced suites at Southbay Plaza come in an impressive assortment of 8 layouts to pick from, with a variety of sizes and layouts customisable to the different needs and tastes of every individual and family. Type A residences are sized at 1,107 sf with 2 bedrooms, Type B at 1,111 sf with 1+1 bedrooms while Type C also has 2 bedrooms with an overall unit size of 1,214 sf. Type D units are evidently more spacious at 1,761 sf with 3 bedrooms, followed by Type E at 1,760 sf with 3+1 bedrooms. Type F has 3 bedrooms but are slightly smaller than D and E units at 1,433 sf. Type G and Type H both have 3+1 bedrooms with built-up spaces of 1,708 sf and 1,714 sf respectively.

Units at Southbay Plaza, whether retail or residential, can be owned at launch prices beginning from RM800,000 to RM5,938,400 which many consider value for money given its strategic location accessible from the Tun Dr. Lim Chong Eu Expressway and Jalan Sultan Azlan Shah, as well as the luxurious amenities available.

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


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2016 Apr
(Year of Completion)
This project was completed 1 year ago
  • RM 800,000 - 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
2
Total Storey
30
Total Units
282
Parking
Min. 1

Nearby Amenities

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 Plaza @ Southbay City Apr 2016 RM 800,000 - RM 5,938,400 RM 810,000 - RM 1,400,000
RM 729 psf - RM 885 psf
The Loft @ Southbay City Dec 2017 RM 1,600,800 - RM 5,806,800 NIL
13 For Sale in Southbay Plaza @ Southbay City 14 For Rent in Southbay Plaza @ 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 Plaza @ Southbay City Apr 2016 RM 810,000 - RM 1,400,000
RM 729 psf - RM 885 psf
RM 1,800 - RM 1,800 NIL 2.61 %
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 %
Legenda @ Southbay Nov 2013 From RM 4,200,000 RM 2,000 - RM 2,000 NIL NIL
Residence @ Southbay Aug 2011 RM 1,300,000 - RM 2,080,000
RM 424 psf - RM 880 psf
RM 2,800 - RM 2,800 RM 981,041 (RM 454 psf) 1.99 %
Sunway Mutiara 2008 RM 1,550,000 - RM 2,200,000
RM 333 psf - RM 537 psf
RM 2,000 - RM 2,000 RM 1,279,612 (RM 452 psf) 1.28 %
13 For Sale in Southbay Plaza @ Southbay City 14 For Rent in Southbay Plaza @ Southbay City 1 For Sale in Southbay City 1 For Rent in Southbay City 2 For Rent in Legenda @ Southbay 12 For Sale in Residence @ Southbay 4 For Rent in Residence @ Southbay

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 RM 146 psf - -
1,000 - 1,500 sq ft - - -
1,500 - 2,500 sq ft - RM 479 psf -
2,500 - 4,000 sq ft - RM 488 psf -
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 Logo hong leong2

    Down Payment (10%) RM 80,000
    Loan Amount ( 90 %) RM 720,000
    Tenure Years 35 Years
    Interest Rate 4.85%
    Others (Estimation) RM 10,000
    Apply with Hong Leong Bank 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. HLB 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 HLB reserves the right to approve or reject such applications without assigning any reason therefore.

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