Marina Tower, Tanjung Bungah
Marina Tower (also known as Ratu Mutiara Marina Tower) is a freehold condominium located in Tanjung Bungah, Penang Island. There are 208 units available at this project with built-up from 932 sf to 1,200 sf. It was developed by Malaysian Resources Corp Bhd (aka MRCB), and was completed in around 1995.
Malaysian Resources Corp Bhd (aka MRCB) is a big property developer listed on Bursa Malaysia, and it has built about 38 property projects in Malaysia. Other similar projects by the same developer are Coastal Towers, 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 schools. Few of the schools here include SJK (C) Poay Wah and SK Tanjung Bunga.
The current rental yield of Marina Tower is around 3.18%, compared to 3.06% 2 years ago in Q3 2021. The highest rental yield ever recorded was 4.36% in Q3 2016; while the lowest one was 2.58% in Q2 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Marina Tower is 3-bedroom / 1,200 sf with a median price of RM510 psf. For price wise, the most expensive one is 2-bedroom / 932 sf with a median price of RM620 psf; while the cheapest one is 2-bedroom / 1,000 sf with a median price of RM440 psf.
Latest Marina Tower for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 22 Jan 2022 | Condominium | 1,305 sf | RM660,000 |
| 16 Jan 2022 | Condominium | 1,300 sf | RM680,000 |
| 23 Dec 2021 | Condominium | 1,320 sf | RM680,000 |
| 14 Dec 2021 | Condominium | 1,238 sf | RM585,000 |
| 9 Dec 2021 | Condominium | 1,500 sf | RM750,000 |
| 2 Dec 2021 | Condominium | 1,300 sf | RM740,000 |
| 26 Nov 2021 | Condominium | 1,150 sf | RM588,000 |
| 26 Nov 2021 | Condominium | 900 sf | RM680,000 |
| 24 Nov 2021 | Condominium | 1,300 sf | RM660,000 |
| 21 Nov 2021 | Condominium | 1,150 sf | RM580,000 |
Latest Marina Tower for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| 23 Sep 2022 | Condominium | 1,000 sf | RM1,300 |
| 11 Feb 2022 | Condominium | 1,000 sf | RM1,650 |
| 22 Jan 2022 | Condominium | 1,300 sf | RM1,500 |
| 17 Jan 2022 | Condominium | 1,350 sf | RM2,000 |
| 5 Jan 2022 | Condominium | 1,300 sf | RM2,000 |
| 4 Jan 2022 | Condominium | 1,288 sf | RM2,000 |
| 2 Jan 2022 | Condominium | 1,350 sf | RM1,500 |
| 31 Dec 2021 | Condominium | 1,050 sf | RM1,500 |
| 14 Dec 2021 | Condominium | 1,288 sf | RM2,000 |
| 3 Dec 2021 | Condominium | 1,288 sf | RM2,000 |