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CompletedFreehold

The Loft @ Southbay, Penang

by Mah Sing GroupBatu Maung, Penang

From

RM1.6mil

Price From

RM1.6mil

Subsale Transaction Data

Verified

Official govt records for THE LOFT @ SOUTHBAY CITY

Transactions

12

Latest

Jul 2024

View full transaction history
Property ReviewPowered by verified data + DOSM

Is The Loft @ Southbay, Penang worth buying?

Rental Yield

4–6%

Monthly Loan

RM9.8k/mo

NP Score

7.5/10

Worth Considering

Market Price Analysis — is it fairly priced?
Investment Analysis — rental yield & capital growth
Loan Eligibility — salary needed to buy
Area Profile — DOSM income data
Comparable Projects — side-by-side comparison
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Project Details

Property Type

Condominium/Apartment

Land Tenure

Freehold

Construction Status

Completed

Bumi Discount

Not Available

About The Loft @ Southbay, Penang

An integrated development within the larger Southbay City development. Tucked in a pristine enclave of Penang Island but within the economic region of Bayan Lepas Free Industrial Zone. Near the second Penang Bridge and a short drive to Penang International Airport. Why Mah Sing Property Is A Top Choice for Your First Home in Malaysia

The Loft @ Southbay, Penang Video Tour

Watch a video tour of The Loft @ Southbay, Penang in Batu Maung, Penang. Condominium/Apartment by Mah Sing Group.

Video sourced from YouTube. Not affiliated with the developer.

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Facilities & Amenities

Swimming Pool
Gym
24h Security
Playground
Clubhouse

Why Consider The Loft @ Southbay, Penang?

Based on location data and market analysis

  • Located in Batu Maung, Penang
  • Freehold title property
  • By Mah Sing Group — verified developer on NewProjek
  • Condominium/Apartment development

Investment Snapshot

Based on verified transaction data for Penang

Est. Monthly Rental

RM5,7007,700

Based on similar properties in Penang

Gross Rental Yield

4.5%–5.5%

Annual rental / property price

Airbnb Estimate

RM4,200/mo

RM185/night × 76% occupancy · 3.1% gross yield

See Airbnb guide →

Area Price Trend

+10.6%

Verified sold prices 2021–2025

Price-to-Income

20.5x income

Lower = more affordable (avg 6.8x)

Estimates based on verified transaction data for similar properties in Penang (2021–2025). Not financial advice.

See full area analysis →

Check subsale transaction history in Batu Maung

Browse real verified transaction prices for nearby properties

What's Nearby

To see estimated commute time

Powered by Google Maps · Walking times are estimates only

Mortgage Calculator

Est. monthly repayment

RM 7,300/mo

Based on 10% down, 30yr tenure at 4.5% p.a.

55% Principal — RM 1,440,72045% Interest — RM 1,187,250

Upfront costs

Down payment (10%)RM 160,080
Loan amount (90%)RM 1,440,720
Property PriceRM 1,600,800
Down Payment10%
Loan Tenure30 years
Interest Rate4.5% p.a.
Full loan calculator →

Frequently Asked Questions

What is the price of The Loft @ Southbay, Penang?

The Loft @ Southbay, Penang starts from RM1.6mil. Contact the developer directly on NewProjek for the latest pricing.

Where is The Loft @ Southbay, Penang located?

The Loft @ Southbay, Penang is located in Batu Maung, Penang, Malaysia.

Who is the developer of The Loft @ Southbay, Penang?

The Loft @ Southbay, Penang is developed by Mah Sing Group.

What type of property is The Loft @ Southbay, Penang?

The Loft @ Southbay, Penang is a Condominium/Apartment development with Freehold tenure.

What is the construction status of The Loft @ Southbay, Penang?

The Loft @ Southbay, Penang is currently Completed.

Berapa harga The Loft @ Southbay, Penang?

The Loft @ Southbay, Penang dijual bermula dari RM1.6mil. Hubungi pemaju terus melalui NewProjek untuk senarai harga terkini.

Completed Project

Looking to buy or rent The Loft @ Southbay, Penang?

This project is already completed. Browse subsale transactions, current listings, and market data below.

View Transaction History (12 txns)Find Subsale ListingsOr search rentals →

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Mah Sing Group

Mah Sing Group

Kuala Lumpur

Malaysia's leading property developer with award-winning residential and commercial projects.

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Verified Transaction Data

What do units here actually sell for?

Real stamped SPA prices — not asking prices. From RM69.90.

View 12 Transactions →