Coastal Towers, Tanjung Bungah
Coastal Towers is a freehold condominium located in Tanjung Bungah, Penang Island. There are 312 units available at this project with built-up from 800 sf to 1,210 sf. It was developed by Malaysian Resources Corp Bhd (aka MRCB), and was completed about 2004.
Malaysian Resources Corp Bhd (aka MRCB) is a large real estate company listed on KLSE, and it has undertaken around 38 real estate projects in Malaysia. Other similar projects by the same developer are Marina Tower, Sentral Suites, Suasana Sentral Condominium, Suasana Sentral Loft, The Sentral Residences, The Waterfront, Tria Residences, Twin Towers, Vivo Residences and Wangsa Heights.
The only amenities nearby this condominium are some schools. Few of the schools here are SJK (C) Poay Wah and SK Tanjung Bunga.
The current rental yield of Coastal Towers is around 2.47%, compared to 3.0% a year ago in Q2 2020. The highest rental yield ever recorded was 4.4% in Q1 2012; while the lowest one was 1.82% in Q4 2020. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Coastal Towers is 3-bedroom / 1,210 sf with a median price of RM530 psf. For price wise, the most expensive one is 3-bedroom / 1,050 sf with a median price of RM610 psf; while the cheapest one is 3-bedroom / 1,200 sf with a median price of RM530 psf.
Latest Coastal Towers for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 14 Dec 2021 | Condominium | 1,200 sf | RM750,000 |
| 12 Dec 2021 | Condominium | 1,010 sf | RM620,000 |
| 2 Dec 2021 | Condominium | 1,210 sf | RM660,000 |
| 22 Nov 2021 | Condominium | 1,210 sf | RM730,000 |
| 22 Nov 2021 | Condominium | 1,210 sf | RM640,000 |
| 22 Nov 2021 | Condominium | 1,050 sf | RM620,000 |
| 20 Nov 2021 | Condominium | 1,010 sf | RM650,000 |
| 18 Nov 2021 | Condominium | 1,055 sf | RM650,000 |
| 13 Nov 2021 | Condominium | 1,210 sf | RM629,000 |
| 13 Nov 2021 | Condominium | 806 sf | RM490,000 |
Latest Coastal Towers for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| 20 Dec 2021 | Condominium | 850 sf | RM1,100 |
| 18 Dec 2021 | Condominium | 1,050 sf | RM1,400 |
| 1 Dec 2021 | Condominium | 1,210 sf | RM1,500 |
| 30 Nov 2021 | Condominium | 1,050 sf | RM1,400 |
| 26 Nov 2021 | Condominium | 1,200 sf | RM1,200 |
| 25 Nov 2021 | Condominium | 1,200 sf | RM1,200 |
| 25 Nov 2021 | Condominium | 800 sf | RM1,300 |
| 22 Nov 2021 | Condominium | 800 sf | RM1,300 |
| 22 Nov 2021 | Condominium | 800 sf | RM1,100 |
| 19 Nov 2021 | Condominium | 800 sf | RM1,300 |