Southbay, Batu Maung

Southbay (also known as Southbay City) is a freehold town that is located in Batu Maung, Bayan Lepas. Southbay seems to be a refreshing addition to the southern Penang Island region which has been cluttered with developments predominantly catering to the working community of MNCs in Bayan Lepas. It stands out as a luxurious development that offers more than just a place to call home. The tranquility and safety offered by the neighbourhood meet the basic criteria of a residential area, while the luxury and exclusivity add value to the place. However, the location of the development may pose challenges during rush hours as it is situated close to the busy Bayan Lepas Free Industrial Zone, which can lead to unavoidable traffic congestion. Nonetheless, Southbay's luxurious offerings and level of comfort justify its somewhat steep price for prospective homeowners and investors.

The built-up available in this town is 1,650 sf to 7,170 sf for houses. It was developed by Mah Sing Group Bhd, and was completed around Early 2013.

Mah Sing Group Bhd is a very large real estate company listed on KLSE, and it has undertaken around 88 real estate projects in Malaysia. Other similar projects by the same developer are Meridin East and Southville City.

Property Type
Town
Land Tenure
Freehold
Built-up
1,650 sf - 7,170 sf (House)
Market Price
RM990,000 - RM5,530,000 (House)
Total Units
-NA-
Completion Date
Early 2013
Launch Price
-NA-

The only amenities nearby this town are some schools. Few of the schools here are SK Batu Maung, SK Permatang Damar Laut, SMK Batu Maung and SMK Permatang Damar Laut.

The current rental yield of Southbay is 2.9% for houses. The highest rental yield ever recorded was 3.04% in Q4 2022 (house); while the lowest one was 1.78% in Q4 2020 (house). Meanwhile, the most common unit layouts and sizes available here are as follows:

House Layouts

The most popular layout and size (built-up) combination at Southbay for houses is 6-bedroom / 3,130 sf with a median price of RM450 psf. For price wise, the most expensive one is 7-bedroom / 6,830 sf with a median price of RM810 psf; while the cheapest one is 5-bedroom / 3,000 sf with a median price of RM400 psf.

Latest Southbay sale listings:

TarikhJenis HartanahBinaanHarga
TodayCondominium1,615 sfRM801,900
28 Nov 2023Condominium1,615 sfRM801,900
20 Nov 2023Shop-Office2,331 sfRM950,000
20 Nov 2023Terrace3,130 sfRM1,180,000
18 Nov 2023Terrace3,130 sfRM1,240,000
1 Nov 2023Apartment1,615 sfRM612,000
10 Nov 2023Condominium1,420 sfRM1,250,000
3 Nov 2023Condominium1,722 sfRM612,000
25 Oct 2023Condominium1,615 sfRM990,000
28 Oct 2023Condominium1,615 sfRM612,000

Latest Southbay rental listings:

TarikhJenis HartanahBinaanSewaan
25 Nov 2023Condominium1,111 sfRM2,500
27 Oct 2023Condominium840 sfRM2,200
30 Oct 2023Condominium1,111 sfRM2,500
31 Oct 2023Apartment Room-NA-RM850
29 Oct 2023Condominium1,111 sfRM2,500
28 Oct 2023Condominium1,111 sfRM2,000
27 Oct 2023Condominium1,111 sfRM2,000
27 Oct 2023Condominium1,111 sfRM2,000
27 Oct 2023Condominium1,111 sfRM2,200
26 Oct 2023Condominium1,120 sfRM2,000
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