The Loft @ Southbay City

May 18th, 2013 Leave a comment

The Loft @ Southbay City, second phase of Southbay City by Mah Sing Group in Batu Maung, Penang. This development comprises two 30-storey towers with only 78 units in each tower. Each floor has only 3 units and served by two dedicated passenger lifts.

Other features:

  • Unique & stylishly design façade with international appeal.
  • 3 design types with built-up area ranging from 1,325sf to 1,615sf
  • Card access security system at the lift lobby
  • High ceilings & large windows translate into airy, radiant interiors.
  • All units’ living, dinning, master and second bedroom have sea view. Type A and B with sea facing balcony.
  • Maximization of sea and second bridges view plus natural greenery at lower level.
  • Approximately 2.5-acre leisure and recreational facilities decks at Level 4, 15 and garden pool level.
  • Uniquely design swimming pool with natural setting.
  • Level four each units with its own private garden.
  • Sky lounge & sky gym connect by sky bridge at level 15 with infinite sea view
Property Project: The Loft
Location : Southbay City, Bayan Lepas/Batu Maung, Penang
Property Type : Condominium
Built-up Area: 1,325 sq.ft. – 1,615 sq.ft.
Land Tenure : Freehold
Developer : Mah Sing Group
Indicative Price : RM900 psf. onwards
Categories: Batu Maung Tags:
  1. britney spears
    May 25th, 2017 at 15:37 | #1

    Thats terrible. I dont live in that area but just curious. Thanks all

  2. cheekhoon
    May 27th, 2017 at 07:23 | #2

    @edisongan
    elit heights is the worst condo .. high density and dirty due to many homestay and rental units. Occupants dont care of cleanliness. This is the main reason price dropped…. 750K is a no no already. Now is like rm580-600K max. Even then if buyers buys an unit at 600k, transfer fee rm30k.. the cost of the property with extra reno will be about rm750k. Imagine few year later need to sell off. Need to sell min 850-900k factoring the interest paid too. How to sell? Keep until die? Condo price is already too high now.

    Southbay area is worse than bayan baru. SO it will be extra worse. Pity those investors. Even the 3 story southbay houses have no takers for subsale. They are stuck

  3. yh
    May 31st, 2017 at 17:47 | #3

    cheekhoon :
    @edisongan
    elit heights is the worst condo .. high density and dirty due to many homestay and rental units. Occupants dont care of cleanliness. This is the main reason price dropped…. 750K is a no no already. Now is like rm580-600K max. Even then if buyers buys an unit at 600k, transfer fee rm30k.. the cost of the property with extra reno will be about rm750k. Imagine few year later need to sell off. Need to sell min 850-900k factoring the interest paid too. How to sell? Keep until die? Condo price is already too high now.
    Southbay area is worse than bayan baru. SO it will be extra worse. Pity those investors. Even the 3 story southbay houses have no takers for subsale. They are stuck

    Cheekhoon How you know there is no takers for Southbay 3 Storey house? I’m property agent and did you know on my hand have few buyer looking for it? Deposit is ready and offer for 1.2m, if you knew any of your friend suffer of looking for buyer, told him my buyer offer 1.2mil and deposit ready. Please foward my message to your friend

  4. yh
    May 31st, 2017 at 18:34 | #4

    Here to mentioned I’m not sales person of this developer, I just a property agent to sharing my point of view. And I also staying at Batu Maung even before Mahsing came in.
    Many people just like to throw in negative comment when it comes to South-West area property like Batu Maung.
    Few years back when Tsunami hit, E&O launched their property, look back all the negative comment and you will feel how funny on it. And then you’ll say, you compare Seri Tanjung Pinang(prime area) with Batu Maung?! That time Seri Tanjung Pinang also a reclaimed land with nothing and surrounded with low cost flat and kampung house + selling almost 1k per sqft.
    People tend to ignore when most of the infrastructure, accessibility, development are focus on south-west area. Example, when prime area start to build flyover, people will said “property price there sure hoseh liao!, faster buy!”, but when same situation comes to Batu Maung, people will choose to ignore it.
    And then people will said southbay plaza is a totally dead place. I would say commercial shoplot must take some time to success. Look back Karpal Singh Drive before maritime, the promenade 28 shoplot, burger king comes in and closed after that, after that it take at least 2-3 year to make that area crowded like now. Vantage commercial beside strait quay also so quite for 2 years time only success bring in tenant.
    Which area are the most potential for the future 5-10 years? Study more on the Penang Master Plan, you will know why batu maung are one of the most potential place

  5. shaun
    June 16th, 2017 at 21:01 | #5

    southbay priced gone down the drain…asking less than 1.2million. why is this? any issues problem with the house or area?

  6. reece
    June 16th, 2017 at 21:48 | #6

    Ya lor, buy southbay might as well buy batu kawan, only 1/2 or 1/3 of the price in southbay.

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