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My Property Deals

Celesta Residency – TGB Group

Celesta Residency building

Celesta Residency @ Sungai Nibong (also known as celesta residence)

Celesta Residency for sale

You’ll find: Video, Layout, floor plan, facilities and details of this Celsta Residency here, including prices for sale & rent and most importantly our review for Celesta Residency.

Table of Contents

Celesta Residency LOCATION

location of Celesta Residency

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Who is the developer? – TGB

TGB Group
TGB Group

Celesta Residency (also known as Celesta Residence) is a project by TGB Group.

TGB Group is a Singapore incorporated company, established in November 1967, founded by Dato’ Tan Gee Beng.

TGB’s business activities are located worldwide including Malaysia, China, Singapore & New Zealand.

This is not the first project handled by TGB group while past project was Celesta Garden- 30 units of Terraces were developed and fully sold out in Jelutong, Penang.

Key Features / Summary of Celesta Residency

Property Type

Celesta Residency is built in condominium type

Tenure

Celesta Residency at Sungai Nibong, Bayan Lepas, Penang by TGB group is a FREEHOLD property

Developer

TGB Group

Maintenance Fees

RM 0.30 psf

Built up / Size

from 850 sq ft (2 bedrooms) to 1,650 sqft (4 bedrooms) & 1 unit of Penthouse at 2,100 sq ft which already sold out

Date of completion

Estimated 2023

Total Units

Total 1 tower
Total level: 26
Total Unit: 89

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  • My Property Deals Scott Seow
    Scott Seow
    REN 43700
    Real Estate Negotiator

    More About Celesta Residency

    One thing that we would like to emphasize upon Celesta Residency (also known as Celesta Residence) is that the project itself really does not priced at future value and it is priced at current market value and just so you know some units even lower than market value! Look at the surrounding comparison of Sungai Nibong Condominium and you’ll find out it’s true.

    The prime location of Celesta Residence shorten the travelling distance for dear owners and therefore a shorter duration of traffic congestion/traffic jam! 

    • 4 minutes to Queensbay Mall
    • 2 minutes driving distance to Bayan Lepas Industrial Zone

    2 Chinese Primary School: SJK(C) Shih Chung & SJK(C) Kwang Hwa are just within walking distance and very suitable for family with kids or investors who prefer location with schools. 

    Celesta Residency Facilities & Floorplan

    Level 9

    1. Infinity Pool
    2. Aqua Gym
    3. Children Pool
    4. Pool Deck
    5. Children Playground
    6. Reflexology Path
    7. Yoga Deck
    8. Outdoor Gym
    9. Other Religious

    Level 10

    1. Gym Room
    2. Reading Area
    3. Leisure Area
    4. Chill Area
    5. Surau
    6. Community Hall
    7. Management Office
    Celesta Residence facilities floorplan - contact Scott for more details +6011-1098 4066
    Celesta Residency facilities

    Various modern and luxurious facilities can be found at Celesta Residency too such as sky garden, bbq area, gym room, infinity pool, aqua gym, reading room and so on. 

    Celesta Residency layout

    Celesta Residence layout - contact Scott for more info +6011-1098 4066

    Type A @ 2,100 sq ft

    5 Bedrooms

    4 Bathrooms

    2  Balcony

    SOLD OUT

    Celesta Residence Penang layout - contact Scott for more info +6011-1098 4066

    Type B1 @ 1,650 Sq Ft

    4 Bedrooms

    3 Bathrooms

    1 Balcony

    Dual Key Concept

    Actual Area 1,690 sq ft + Additional area / Accessory parcel 70 sq ft Entrance + 46 sq ft A/c Ledge = Total area 1,806 sq ft

    RM 969,000 onward

    Celesta Residency layout - contact Scott for more info +6011-1098 4066

    Type B @ 1,650 Sq Ft

    4 Bedrooms

    3 Bathrooms

    1 Balcony

    Dual Key Concept

    Actual Area 1,695 sq ft + Additional area / Accessory parcel 69 sq ft Entrance + 46 sq ft A/c Ledge = Total area 1,810 sq ft

    RM 1,014,000 onward

    Celesta Residence sungai nibong layout - contact Scott for more info +6011-1098 4066

    Type C1 @ 1,250 Sq Ft

    3 Bedrooms

    2 Bathrooms

    1 Balcony

    Actual Area 1,249 sq ft + Additional area / Accessory parcel 66 sq ft Entrance + 82 sq ft A/c Ledge = Total area 1,397 sq ft

    RM 743,000 onward

    Developer Unit SOLD OUT

    Celesta Residency Penang layout - contact Scott for more info +6011-1098 4066

    Type C @ 1,250 sq ft

    3 Bedrooms

    2 Bathrooms

    1 Balcony

    Actual Area 1,250 sq ft + Additional area / Accessory parcel 41 sq ft Entrance + 31 sq ft A/c Ledge = Total area 1,323 sq ft

    RM 775,000 onward

    Developer Unit SOLD OUT

    Celesta Residency 2 bedroom - contact Scott for more info +6011-1098 4066

    Type E3 @ 850 Sq Ft

    2 Bedrooms

    2 Bathrooms

    1 Balcony

    Sold out

    Celesta Residency affordable unit - contact Scott for more info +6011-1098 4066

    Type E2 @ 850 sq ft

    2 Bedrooms

    2 Bathrooms

    Sold out

    Celesta Residency for sale

    Unsure of which one to choose? Talk to Us

    1,650 sq ft

    Type B1
    RM 969,000+
    • 4 Bedrooms
    • 3 Bathrooms
    • 1 Balcony
    • LOW Downpayment
    • FREE S&P Legal Fees
    • FREE Loan Legal Fees
    • Dual Key Concept

    1,250 sq ft

    Type C1
    RM 743,000+
    • 3 Bedrooms
    • 2 Bathrooms
    • 1 Balcony
    • LOW Downpayment
    • FREE S&P Legal Fees
    • FREE Loan Legal Fees
    • Developer Unit SOLD OUT
    Popular

    1,650 sq ft

    Type B
    RM 1,014,000+
    • 4 Bedrooms
    • 3 Bathrooms
    • 1 Balcony
    • LOW Downpayment
    • FREE S&P Legal Fees
    • FREE Loan Legal Fees
    • Dual Key Concept

    SAVE TODAY

    • FREE Legal Fees For SPA RM 7,700+
    • FREE Legal Fees for Loan RM 7,000+
    • FREE 4x Airconds RM 8,000
    • LOW Downpayment
    • SAVE at least RM 80,000+

    Frequently Asked Questions (FAQs) about Celesta Residency

    Celesta Residency Related Questions:

    Celesta Residency will be completed around 2023

    Celesta Residency sales packages come with free legal fee for loan and sales and purchase agreement (S&P)

    Qualify for Home Ownership Campaign (HOC) 2020-2021 to waive & save stamp duty for loan & stamp duty for Memorandum of Transfer (MOT)

    The prices listed here are all after the so called rebate / discount or whatever you name it. 

     

    Others:

    Yes you can. However, if it is a new project / under-constructions / developer’s unit , developers are giving free legal fees ya. 

    Developers would be happy if you help them save cost

    Yes you can. As long as I’m awake I will answer your call & reply your message.

    Rest assured. We are here to help & provide solution. We promise no hard selling or pushing. Tell us what’s in your mind and we’ll try our best to help

    Yes you can. Please contact us via 011-1098 4066 to visit  and get more information!

    Yes you can, please don’t hesitate to contact us for more details. 

    Can i take loan with local banks? Yes you can but there’s certain criteria you have to fulfill in order to apply loan from the local banks. Talk to us and we’ll help you with our best.

    Contact Us for Celesta Residency

    celesta residency floor plan

    Privacy meet low density

    • Only 6 units per floor / level.
    • Good Feng Shui: the main door is not facing each other or facing opposite whereby its favourable by Chinese

    Nearby amenities and accessibility

    You’ll have more than 2 access road to Celesta Residence and walking distance to nearby park of Sungai Nibong where before Covid-19 it is a lively spot to have your exercise here.

    nearby amenities of Celesta Residency
    unit plan celesta residence

    Is it really near to highway / expressway?

    Nope, I wouldn’t say so. As you can see there’s 3 units of shop office, and then 2 units of Semi-D then finally to Celesta Residency. The distance would be about 100 metres away from highway/ expressway. 

    Whether it’s really near or far, it’s all based on personal opinion and very subjective and I could not change your mind or perception on that. Again, what I know will be what you know. 

    Sea View Unit for Type B

    Only Type B, 1,650 sq ft will be having sea view unit. 

    I can’t answer how beautiful is that yet because the building construction stage haven’t reach top. I would share the photos here once I receive them or I’m able to capture on the spot. 

    Sea View unit of Celesta Residence

    Celesta Residency Full review

    Is Celesta Residence a Good Buy ?

    Our Analysis / Opinion for Celsta Residency

    I’ve sold a lots of projects and Celesta Residency is one of the lowest density condominium I ever met. If you want low density and more privacy, Celesta Residency should be within your consideration. 

    Celesta Residence or I say the location Sungai Nibong itself suitable for those looking for upgrading or to move out from Sungai Ara, Relau, Bukit Jambul & etc. Also, suitable for those who want to have shorter travelling distance to Jelutong & Georgetown but not too deep in Bayan Lepas area.

    Food is definitely not a problem where Krystal Point and a few shop lots are just nearby and if you want more food choices Bayan Baru and Bukit Jambul is just a few minutes away. Also food courts (kopitiam) also available at Sungai Ara such as SPICE Pisa Cafe & etc.

    I think this is one of the best project for 2019 – 2021 in Penang. Reason? Low density. residential title & non-reclaimed land. You can flip it in the foreseeable future or at least breakeven with interest paid because you don’t have much competitor. 

    Indirect competitor will be the Sun condominium, currently selling RM 6xxK with 1,300sf+. The reason I said indirect it’s because the Sun will be having hotel, serviced apartment and condominium. I would think pretty messy for me.

    Next would be Novus & Montage. Novus, smaller size compare to Celesta Residence while Montage don’t have balcony. Both Novus and Montage also higher density than Celesta Residency.

    Forgive me that I couldn’t compare all the related and hot projects here otherwise this would be a long essay. Just drop me a text or call and we can discuss further. 

    PSF of Celesta Residency will be somewhere around RM 530+ to Rm 600+.

    I would like to get your attention again if you’re buying residential property as an investment and plan to rent it out. The rental market of residential property no longer act like last few years. Rental yield has been declining to 2% to 3%. 

    If you’re buying a unit of RM 747,000, monthly instalment around RM 3,000. Means to say if you can accept a minimum rental of RM 1,200 to Rm 1,800, you can proceed to pick up a unit here. But again, most of the purchasers here is buying for own stay purpose.

    Your cash outflow will be RM 1,800 per month (worst case scenario). To those owners that received promise from agent that those sea view condominium can easily receive rental of RM 3,000 and above, you better ask yourself and do the market survey before you decided to buy a sea view condominium and rent out. (You know what project I’m talking about)

    In short, I’m not saying this is a bad investment. For me, I would prefer to buy a unit at Celesta Residency and stay for few years and sell it out rather than I pay the maintenance fees of RM 0.30 psf and let the tenant use because I travel frequently in and out of town and across mainland. Much convenient compared to my current place at Sungai Ara.

    If you’re looking for own stay or own usage purpose you can just ignore this part/ section.

    Due to its super low density feature and most of the purchasers are buying it for own stay / own usage purpose, I would say it’s really easy to sell it in the future.

    1,650 sq ft total of 30 units;
    1,250 sq ft total of 29 units; 
    2 bedrooms total of 29 units.

    You look at the units up there, dear existing owners of high density condo such as Tamarind, Imperial Residence, Golden Triangle, Tropicana Bay Residences and etc. May I know how long you have to wait to sell your unit? And also to sell at profit ? 

    Reason I’m giving 5 stars for the traffic is that I am staying at Sungai Ara, Relau area. Those that stay here, you know what I meant. If you travel frequently or workplace is located at FIZ / FTZ, Sungai Nibong can really help you save a lot of time.

    You can easily get stuck at the Setia SPICE main road for around 20 to 30 minutes during the peak time. 

    In short, I would say Celesta Residence is suitable for those looking for upgrading or to move out of Sungai Ara, Relau, Bukit Jambul area. 

    Facilities wise also won’t be too crowded due to only 89 units in total. Basic and modern facilities can also be found at Celesta Residency. 

    The only feature that I can be picky about Celesta Residency is the 8 levels of car park. Well, no choice because it’s a super low density condominium and small land size. Therefore the car park level will have to build that way. Fortunately, all the car parks are side-by-side.

    Don’t complain about high maintenance fees. This is a ultra low density condominium. Want low maintenance fee? Go Imperial Grande with 900+ units in total and monthly maintenance fees less than RM 200. Almost can guarantee the maintenance fees wont increase for at least 10 years.

    As usual, perfect property comes with perfect price. I don’t do over-promising and what I know will be what you know. 

    To be honest I’ve dealt with quite some developers, projects and respective staff and I’m quite comfortable with the developer- TGB group. Reason? For certain developers which I cannot name them here, we’re not allowed to ask too detailed questions or they won’t bother to answer us. 

    I would say TGB Group is a very transparent developer and willing to answer any question but please don’t ask question like how many tiles in the bathrooms. Meanwhile, certain developers would just tell you “don’t ask too much, just sell” and I assure you that won’t happen for this developer, TGB Group.

    Furthermore, I think this is a hidden gem and one of the best project in 2019 – 2021 in Penang. Reason? Almost all the attention has been given to Queens Residences by Ideal Property Group and Quay West Residence by Asia Green Group. 

    Everybody is going for “sea view” and the truth is “sea view” will cost you about RM 8xxK with smaller size compared to Celesta Residency. If you like to talk about PSF, and you know PSF for sea view unit at Quay West and Queens Residence will cost you about RM 800+ to RM 900+ PSF onward. 

    Don’t get it wrong, I’m not saying Quay West and Queens Residences do not worth the price or inferior than Celesta Residency. In short, what you get is what you paid. Want sea view? Yes you can, pay RM 8xxK for 1,000 sq ft ; Want bigger size? RM 7xxK at Celesta Residency can get you 1,250 sq ft. 

    We’re selling Quay West and Queens Residences as well, don’t hesitate to call us or drop us a message for more info or to plan to trip for visiting both projects.

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    Interested with any of the project you saw here in our website ? Just click on the “Message” / “WhatsApp” button and let us know.

    We’ll send you detailed info & invite you to the showroom / sales gallery / actual site. 

    You can also reach us at 6011-1098 4066

    We’ll assist you throughout the process, if you’re happy, just pick up a unit, we have ready bankers & lawyers to assist your loan application & sales & purchase process.

    However, if you think our proposal is not able to suit your criteria, do feel free to let us know please don’t say “I’ll consider and come back to you”. We know you wont come back so just let us know so we can help you with our best. Again, we promise, no hard-selling.

    Voilà, congratulations, u can sign relevant documents now if everything approves / goes well. Sit back and relax to wait for your keys / vacant possession.

    What if loan rejected ? No worry, fully refundable for your booking fees. We’ll let you what could be the potential reason your loan is rejected, and then we start from there to build your profile again ! (Don’t be disappointed, it happens to some of our clients sometimes)

    Celesta Residence Penang - contact Scott for more info +6011-1098 4066

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    About My Property Deals - Scott Seow

    Real Estate Negotiator (REN 43700)

    I’m Scott Seow, a real estate negotiator focusing on new projects, sharing of news and updates related to Penang & Malaysia’s property. I’m an detailed & transparent person, what I know will definitely be what you know. Nobody likes hidden fact when it comes to decision-making.

    I deliver SHARP DETAIL for my clients throughout the entire property hunting journey. You need sharp detail because of information overload, unorganized, overpromising agent and developers. Right now, having someone who is SHARP & DETAILED is key to your success. Other people do not provide SHARP DETAIL and as a result, you’ll probably experience an incomplete information, confused or even wrong purchase decision!
    That is why I am the perfect solution to your problem

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    Celesta Residency update

    Construction stage @ July 2021

    3 Storey Semi-Detached which is part of development phase of Celesta Residency.

    3 Storey Shop Office which is part of development phase of Celesta Residency also fully sold out.

    The building beside will be The Sun Condominium and road access / driveway will be built or “open” between the 2 condominium to allow for extra accessbility.

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