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.

Property Type
Condominium
Land Tenure
Freehold
Built-up
800 sf - 1,210 sf
Market Price
RM470,000 - RM640,000
Density
312 Units
Completed In
2004

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:

DateTypeBuilt-upPrice
14 Dec 2021Condominium1,200 sfRM750,000
12 Dec 2021Condominium1,010 sfRM620,000
2 Dec 2021Condominium1,210 sfRM660,000
22 Nov 2021Condominium1,210 sfRM730,000
22 Nov 2021Condominium1,210 sfRM640,000
22 Nov 2021Condominium1,050 sfRM620,000
20 Nov 2021Condominium1,010 sfRM650,000
18 Nov 2021Condominium1,055 sfRM650,000
13 Nov 2021Condominium1,210 sfRM629,000
13 Nov 2021Condominium806 sfRM490,000

Latest Coastal Towers for rent listings:

DateTypeBuilt-upRental
20 Dec 2021Condominium850 sfRM1,100
18 Dec 2021Condominium1,050 sfRM1,400
1 Dec 2021Condominium1,210 sfRM1,500
30 Nov 2021Condominium1,050 sfRM1,400
26 Nov 2021Condominium1,200 sfRM1,200
25 Nov 2021Condominium1,200 sfRM1,200
25 Nov 2021Condominium800 sfRM1,300
22 Nov 2021Condominium800 sfRM1,300
22 Nov 2021Condominium800 sfRM1,100
19 Nov 2021Condominium800 sfRM1,300
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