Laguna Bay Residence
affordable project at teluk kumbar
You’ll find: Layout, floor plan, facilities and details of Laguna Bay Residences.
Home » Laguna Bay Residences – Kobay Property Developement
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laguna bay residences LOCATION
- Kampung Sungai Batu, 11000 Bayan Lepas, Penang
- penangpropertydeals@gmail.com
- +6011-1098 4066
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Who is the developer? – Kobay Property Development Group
Laguna Bay Residences is an affordable housing project by Kobay Property Development Group at Teluk Kumbar, Bayan Lepas, Penang. The land is approximately 1-acre land off Lintang Teluk Kumbar 1, about 5 minutes walking distance from Lexis Suites, and less than 10 minutes drive from Penang International Airport. Communities within 1km radius include Taman Emas Flat, Sunway Aspera, Cascara 88 and Vanilla Bay Villa.
The project comes with a total of 31 floors/ storeys, with 9 levels of car parking podium with a standard built-up area of 900 sq. ft. and a starting price of RM300,000. Some of the units are poised to have a breathtaking view of the Malacca Straits i.e. the so called SEA VIEW.
Key Features / Summary of Laguna Bay Residences
Property Type
affordable condominium
Tenure
FREEHOLD property
Developer
Kobay Property Development Group
Maintenance Fees
to be updated
Built up / Size
Only 1 built up i.e. 900 sq ft
Estimated Date of completion
to be updated
Total Units
Total 1 tower
Total level: 31
Total Unit: 342
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laguna bay residences Facilities
Laguna Bay Residences Floor plan
Laguna Bay Residences layout
Laguna Bay Residences for sale & rent
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Laguna Bay Residences Review
Our Analysis / Opinion
Project's details: Type, Size, Completion date, developer, maintenance fees & etc.
Affordable housing scheme
Total 342 units
1 standard layout of 900 square feet
Is Laguna Bay Residences Good for Own Stay Purpose?
I don’t usually provide a YES or NO answer when it comes to if a project is good for own stay or if a project is good location because it is a very subjective opinion. So if you were to ask me whether Laguna Bay Residences is good for own stay I can only answer it depends, it really depends on where you work or travel frequently. For now, this location is really……. nothing, I mean, not much things yet. So if you prefer walking distance to amenities, short driving distance to mall, this is not a good location.
If you want something cheap with sea view, this is the location.
Is Laguna Bay Residences Good for Investment ?
Important to note that if you want to invest you have to buy and stamp early because PN1 is having a restriction that you cannot sell within 10 years. However, Malaysia boleh, there’s exception as well but I don’t recommend.
Is it easy to sell Laguna Bay Residences in the foreseeable future?
I wouldn’t talk much about selling yet because transaction at Teluk Kumbar, based on my experience, still low or not that high demand yet for the subsale /resale market here.
My Personal preference & comment for Laguna Bay Residencesas an agent
Well, other than quality / workmanship (I didn’t try to imply anything), because new project, you can’t see anything yet, this is a good project if you “die die” want sea view yet you don’t have the budget for others or maybe you can ask your children to buy 1 unit here as their 1st house/ property.
Disclaimer
Disclaimer: I do not handle and represent developer on this project. Hence, if you need further assistance can drop me a call, I will refer you to a sales representative or you can walk in to developer’s sales gallery for more info.
DISCLAIMER: This article is solely based on research done using publicly available data. This is not an advertisement. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider, or party in question. i do not sell, market, or handle this project. If you need help to refer to a sales representative you’re free to drop me a message at the chat box
DISCLAIMER : All information, specifications and plans herein contained may be subject to variations, modifications and / or amendments by us and / or the relevant authorities or developer’s consultant / architect as may be required and cannot form part of an offer or contract. Renderings, depictions, and illustrations are artistic impressions only and should not be considered as representation of fact.
reference: https://www.lagunabay-residences.com/review/