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.

Property Type
Condominium
Land Tenure
Freehold
Built-up
932 sf - 1,200 sf
Market Price
RM440,000 - RM610,000
Density
208 Units
Completed In
1995

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:

DateTypeBuilt-upPrice
22 Jan 2022Condominium1,305 sfRM660,000
16 Jan 2022Condominium1,300 sfRM680,000
23 Dec 2021Condominium1,320 sfRM680,000
14 Dec 2021Condominium1,238 sfRM585,000
9 Dec 2021Condominium1,500 sfRM750,000
2 Dec 2021Condominium1,300 sfRM740,000
26 Nov 2021Condominium1,150 sfRM588,000
26 Nov 2021Condominium900 sfRM680,000
24 Nov 2021Condominium1,300 sfRM660,000
21 Nov 2021Condominium1,150 sfRM580,000

Latest Marina Tower for rent listings:

DateTypeBuilt-upRental
23 Sep 2022Condominium1,000 sfRM1,300
11 Feb 2022Condominium1,000 sfRM1,650
22 Jan 2022Condominium1,300 sfRM1,500
17 Jan 2022Condominium1,350 sfRM2,000
5 Jan 2022Condominium1,300 sfRM2,000
4 Jan 2022Condominium1,288 sfRM2,000
2 Jan 2022Condominium1,350 sfRM1,500
31 Dec 2021Condominium1,050 sfRM1,500
14 Dec 2021Condominium1,288 sfRM2,000
3 Dec 2021Condominium1,288 sfRM2,000
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