Kobay Properties
Laguna Bay Residences
Teluk Kumbar (beachfront)
From
RM 410K
RM 456–498 PSF · Completion 2027
2026 listings about RM410,000–448,000 for 900 sq ft units (about RM456–498 per sq ft). Part of the project is registered with the Penang state housing board (LPNPP #569) under Rumah MutiaraKu C3 (RM300,000 ceiling), with eligibility, income caps and resale restrictions; check each unit's status before you buy — foreign buyers are not eligible for the affordable units.
Tenure
freehold
Title
TBC
Total Units
342
Completion
2027
- From
- RM 410K
- PSF
- RM 456–498
- Tenure
- freehold
- Total units
- 342
- Status
- selling
- Completion
- 2027
Price at a glance
Prices as at November 2026 — Developer prices basis. Last checked 2026-10-04. The project has not completed — no resale market yet.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 900 | RM410,000 | RM456 |
Zac’s Take
Zac Ong
Laguna Bay Residences is a Kobay development in Teluk Kumbar: a single 31-storey tower of 342 three-bedroom homes of about 900 sq ft, above a nine-level car park, expected around March 2027.
Units have been listed at roughly RM410,000 to RM448,000, about RM460–500 per sq ft.
It suits first-time buyers and families working near the airport or in Bayan Lepas who want a new home at a modest price. Every home is the same type, so you'll compete with similar units when you sell or let. It's below the RM1M foreign-buyer minimum.
Laguna Bay Residences price list 2026
0 of 1 unit types have a published price · 342 units total · completing 2027
| Type | Size (sqft) | Price from | PSF (derived) | Units |
|---|---|---|---|---|
| 3BR | 900 | On application | — | 342 |
PSF is derived, not quoted — each row divides that type's price by its own square footage. Developers do not always state whether a published size is built-up or nett, and the two can differ by 20%. Ask for both in writing before you sign.
Developer price — the project has not completed, so there is no resale market to compare against, last checked 2026-10-04. Developers reprice between phases — confirm the current list before committing.
No published unit type clears the RM1M foreign-buyer minimum, but one type is priced on application — those may qualify. Ask before ruling the project out.
3BR is priced on application
Usually the penthouses and duplexes — developers hold those back rather than publish them. I can get you the current figure and the floor plan directly.
📲 Ask for the current price listLaguna Bay Residences completion date
Laguna Bay Residences is expected to complete in 2027.
Read that as the developer's target, not a guarantee. What matters contractually is the vacant possession date in your SPA — 36 months from the sale and purchase agreement for a strata title under the Housing Development Act, with liquidated damages payable if the developer misses it. A launch year quoted in marketing and the VP date you can enforce are different things, so check the SPA schedule before you plan a move-in or a tenancy.
Building specifications
- Blocks
- 1
- Floors
- 31
- Total units
- 342
Facilities
What's nearby
🛍 Shopping
- Queensbay Mall
Monthly Instalment Calculator
Monthly Instalment
RM 1,656
Total Interest
RM 326,539
Total Outlay
RM 736,539
Estimates only — not an offer, quotation, or representation of the developer's actual pricing or package. Actual instalments depend on the bank's approved rate, tenure and margin of financing.
📲 Discuss financing options with ZacOther projects in teluk kumbar
All 6 others we track here, cheapest first — 2 of them still selling.
- D'Tiara ResidenceRM300K
- Ramah PavilionRM370K
- Emerald ResidenceRM437K
- D' StarlingttonRM508K
- M Tree Hill CondominiumRM553K
- One Tree Hill ResidenceRM980K
Teluk Kumbar — area snapshot
Full area guide →Price range
RM 300K – RM 980K
asking prices in area
Active projects
2
selling or under construction
Subsale condos
4
completed projects
Total tracked
7
properties in this area
Total Cost Breakdown
Every cost you'll pay — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.
| Downpayment | RM 41,000 |
| SPA stamp duty (tiered 1–4%) | RM 7,200 |
| SPA legal fee | RM 5,125 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 7,200 |
| Loan stamp duty (0.5%) | RM 1,845 |
| Loan agreement legal fee | RM 1,845 |
| Valuation fee | RM 1,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 66,215 |
New launch — typical developer savings
Toggle what the developer is absorbing. Confirm the actual package before signing.
Net upfront (after savings)
Based on typical 2026 new launch package
Estimates only, based on 2026 Penang state rules — not an offer, quotation, or representation of the developer's actual package. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →
Frequently asked questions
What is the price of Laguna Bay Residences?
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Is Laguna Bay Residences freehold or leasehold?
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Can a foreigner buy at Laguna Bay Residences?
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When will Laguna Bay Residences be completed?
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How big are the homes at Laguna Bay Residences?
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Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.
From
RM 410K
Laguna Bay Residences