Plaza @ Southbay, Southbay
Plaza @ Southbay (also known as Southbay Plaza) is a freehold integrated condominium & mall development that is located in Southbay, Batu Maung. It consists of Trends.
There are 206 condominium units available at this property with built-up from 1,111 sf to 1,714 sf for condominium units. It was developed by Mah Sing Group Bhd with a launch price at around RM930 psf for condominium units, and was completed in about 2016.
Mah Sing Group Bhd is a huge real estate company listed on KLSE, and it has constructed around 89 real estate projects in Malaysia. Other similar projects by the same developer are Garden Plaza, Icon City, Lakeville Residence, M Vertica, Meridin East, Savanna, Southbay, Southville City, Taman Damai Utama and Taman Sierra Perdana.
The only amenities nearby this integrated condominium & mall development are some schools. Several of the schools here are SK Batu Maung, SMK Batu Maung and SMK Permatang Damar Laut.
The current rental yield of Plaza @ Southbay is 3.13% for condominium units. The highest rental yield ever recorded was 3.88% in Q3 2021 (condominium); while the lowest one was 1.98% in Q2 2022 (condominium). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Plaza @ Southbay for condominium units is 2-bedroom / 1,111 sf with a median price of RM550 psf. For price wise, the most expensive one is 3-bedroom / 1,433 sf with a median price of RM750 psf; while the cheapest one is 3-bedroom / 1,708 sf with a median price of RM530 psf.
Latest Plaza @ Southbay sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| 8 Sep 2024 | Condominium | 1,701 sf | RM1,100,000 |
| 25 Jul 2024 | Condominium | 1,100 sf | RM860,000 |
| 21 Jun 2024 | Condominium | 1,708 sf | RM958,000 |
| 7 Jun 2024 | Condominium | 1,708 sf | RM1,100,000 |
| 10 Jun 2024 | Condominium | 1,433 sf | RM900,000 |
| 4 Jun 2024 | Shop-Office | 1,400 sf | RM1,100,000 |
| 7 Jun 2024 | Condominium | 1,756 sf | RM1,100,000 |
| 27 May 2024 | Shop-Office | 1,400 sf | RM1,100,000 |
| 7 Mar 2024 | Condominium | 1,708 sf | RM960,000 |
| 7 Mar 2024 | Condominium | 1,700 sf | RM900,000 |
Latest Plaza @ Southbay rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| Today | Shop-Office | 1,360 sf | RM1,600 |
| 12 Sep 2024 | Master Room | -NA- | RM700 |
| 29 Jul 2024 | Condominium | 1,200 sf | RM2,000 |
| 28 Jul 2024 | Shop-Office | 1,911 sf | RM4,500 |
| 25 Jul 2024 | Low-Cost Flat | 1,760 sf | RM2,500 |
| 5 Jun 2024 | Shop-Office | 2,475 sf | RM4,999 |
| 1 Jun 2024 | Retail | 1,200 sf | RM3,000 |
| 24 May 2024 | Office | 2,175 sf | RM5,000 |
| 24 May 2024 | Shop-Office | 1,360 sf | RM1,600 |
| 11 Apr 2024 | Office | 1,500 sf | RM3,000 |