Southbay Residence, Southbay

Southbay Residence (also known as Residence @ Southbay) is a freehold landed housing estate located in Southbay, Batu Maung. There are 288 units available at this project with built-up from 3,000 sf to 3,130 sf. It was developed by Mah Sing Group Bhd, and was completed in about 2011.

Mah Sing Group Bhd is a huge real estate company listed on KLSE, and it has constructed around 74 real estate projects in Malaysia. Other similar projects by the same developer are Clover, Damansara Legenda, Garden Residence, Hijauan Residence, Jacaranda, Kemuning Residence, Kinrara Residence, M Residence, M Residence 2 and Taman Setia Impian.

Property Type
Landed Housing
Land Tenure
Freehold
Built-up
3,000 sf - 3,130 sf
Market Price
RM1,310,000 - RM1,590,000
Density
288 Units
Completed In
2011
Launch Price
-NA-

The only amenities nearby this landed housing estate are some schools. Several of the schools here are SK Batu Maung, SMK Batu Maung and SMK Permatang Damar Laut.

The current market prices for Southbay Residence are from RM1,310,000 to RM1,590,000 (about RM420 psf); while the monthly rentals are from RM2,500 (about RM0.80 psf). The highest median price psf ever recorded was RM466 psf in Q1 2015; while the lowest one was RM351 psf in Q1 2012.

The current rental yield of Southbay Residence is around 2.26%, compared to 2.17% a year ago in Q3 2017. The highest rental yield ever recorded was 2.8% in Q4 2012; while the lowest one was 1.71% in Q3 2015. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Southbay Residence is 6-bedroom / 3,130 sf with a median price of RM420 psf. For price wise, the most expensive one is 6-bedroom / 3,000 sf with a median price of RM530 psf; while the cheapest one is 6-bedroom / 3,130 sf with a median price of RM420 psf.

Latest Southbay Residence for sale listings:

DateTypeBuilt-upPrice
19-Mar-19Terrace3,130 sfRM1,480,000
19-Mar-19Terrace3,130 sfRM1,800,000
05-Mar-19Terrace3,130 sfRM1,800,000
05-Mar-19Terrace3,130 sfRM1,800,000
23-Feb-19Terrace3,000 sfRM1,180,000
22-Feb-19Terrace3,130 sfRM1,350,000
22-Feb-19Terrace3,130 sfRM1,300,000
22-Feb-19Terrace3,200 sfRM1,400,000
22-Feb-19Terrace3,130 sfRM1,300,000
10-Feb-19Terrace3,130 sfRM1,800,000

Latest Southbay Residence for rent listings:

DateTypeBuilt-upRental
25-Mar-19Room In House-NA-RM600
21-Mar-19Terrace3,130 sfRM3,500
21-Mar-19Terrace3,130 sfRM3,000
21-Mar-19Terrace3,130 sfRM3,000
20-Mar-19Room In House-NA-RM490
09-Mar-19Terrace3,130 sfRM3,000
26-Feb-19Room In House-NA-RM490
14-Feb-19Terrace3,130 sfRM2,500
13-Feb-19Terrace3,130 sfRM2,400
13-Feb-19Room In House-NA-RM550