The Cove, Tanjung Bungah

The Cove is a freehold condominium located in Tanjung Bungah, Penang Island. There are 160 units available at this project with built-up from 6,000 sf. It was developed by City Associates Group with a launch price of around RM230 psf, and was completed about End 2007.

City Associates Group is a small-sized real estate group, and it has undertaken around 4 real estate projects in Malaysia. Other similar projects by the same developer are 8 Gurney, Gurney Beach and Gurney Park.

Property Type
Condominium
Land Tenure
Freehold
Built-up
6,000 sf
Market Price
RM3,300,000
Density
160 Units
Completed In
End 2007
Launch Price
About RM230 psf

The only amenities nearby this condominium are some schools. Several of the schools here are Dalat International School and SMK Tanjong Bunga.

The current rental yield of The Cove is around 3.27%, compared to 3.43% a year ago in Q1 2020. The highest rental yield ever recorded was 4.22% in Q3 2014; while the lowest one was 2.66% in Q1 2016. Meanwhile, the most common unit layouts and sizes available here are as follows:

Latest The Cove for sale listings:

DateTypeBuilt-upPrice
15 Dec 2021Condominium6,000 sfRM2,800,000
13 Dec 2021Condominium6,000 sfRM3,380,000
13 Dec 2021Condominium6,000 sfRM3,499,999
8 Dec 2021Condominium6,000 sfRM2,380,000
3 Dec 2021Condominium6,000 sfRM3,350,000
23 Nov 2021Condominium6,000 sfRM3,300,000
19 Nov 2021Condominium6,000 sfRM3,300,000
15 Nov 2021Condominium6,000 sfRM3,450,000
15 Nov 2021Condominium6,000 sfRM3,450,000
25 Oct 2021Condominium6,000 sfRM3,380,000

Latest The Cove for rent listings:

DateTypeBuilt-upRental
7 Dec 2021Condominium6,000 sfRM10,000
16 Nov 2021Condominium6,000 sfRM8,500
7 Nov 2021Condominium6,000 sfRM8,500
27 Oct 2021Condominium6,000 sfRM11,000
12 Oct 2021Condominium6,000 sfRM9,500
12 Oct 2021Condominium6,000 sfRM10,500
12 Oct 2021Condominium6,000 sfRM9,500
12 Oct 2021Condominium6,000 sfRM9,500
12 Oct 2021Condominium6,000 sfRM10,500
12 Oct 2021Condominium6,000 sfRM9,000
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