Kobay Properties
Laguna Bay Residences
Teluk Kumbar (beachfront)
From
RM 300K
RM 333+ PSF Β· Completion 2027
Registered with the Penang state housing board (LPNPP #569) as Rumah MutiaraKu C3 β RM300,000 ceiling, covering all 342 units. Eligibility, income caps and resale restrictions apply; foreign buyers are not eligible. The LPNPP register lists this project as sold out with no units available.
Tenure
freehold
Title
TBC
Total Units
342
Completion
2027
- From
- RM 300K
- PSF
- RM 333
- Tenure
- freehold
- Total units
- 342
- Status
- selling
- Completion
- 2027
Price at a glance
Prices as at September 2026 β Developer prices basis. Last checked 2026-07-29. The project has not completed β no resale market yet.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| 3BR | 900 | RM300,000 | ~RM333 |
Project Tracking
We're tracking Laguna Bay Residences β not yet personally reviewed by Zac
This project is in our database from public sources (7 sources) from Kobay Properties. Full pricing, floor plans, unit availability and Zac's honest take are available on direct request β most developers update pricing weekly and we share the current numbers immediately.
- π Latest price list & available unit types
- ποΈ Current construction stage and photos
- π¬ Zac's honest assessment for your situation
- π Direct introduction to the developer if you want to view
Laguna Bay Residences price list 2026
1 of 1 unit types have a published price Β· entry from RM300,000 Β· 342 units total Β· completing 2027
| Type | Size (sqft) | Price from | PSF (derived) | Units |
|---|---|---|---|---|
| 3BR | 900 | RM300,000 | ~333 | 342 |
PSF is derived, not quoted β 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 β the project has not completed, so there is no resale market to compare against, last checked 2026-07-29. Developers reprice between phases β confirm the current list before committing.
Every unit type here sits below the RM1M foreign-buyer minimum, so this project is open to Malaysian and PR buyers only.
Laguna 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 β 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
π Shopping
- Queensbay Mall8.0km
Monthly Instalment Calculator
Monthly Instalment
RM 1,212
Total Interest
RM 238,931
Total Outlay
RM 538,931
Estimates only β 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.
π² Discuss financing options with ZacOther projects in teluk kumbar
All 6 others we track here, cheapest first β 2 of them still selling.
- D'Tiara ResidenceRM300K
- Ramah PavilionRM395K
- Emerald ResidenceRM420K
- D' StarlingttonRM486K
- M Tree Hill CondominiumRM895K
- One Tree Hill ResidenceRM980K
Teluk Kumbar β area snapshot
Full area guide βPrice range
RM 300K β 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 β stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.
| Downpayment | RM 30,000 |
| SPA stamp duty (tiered 1β4%) | RM 5,000 |
| SPA legal fee | RM 3,750 |
| MOT stamp duty (at VP) Tiered 1β4% on transfer value. Paid at Vacant Possession stage. Buyer's cost β rarely absorbed by developer. | RM 5,000 |
| Loan stamp duty (0.5%) | RM 1,350 |
| Loan agreement legal fee | RM 1,350 |
| Valuation fee | RM 1,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 48,450 |
New launch β 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 β 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 β
Frequently asked questions
What is the tenure of Laguna Bay Residences?
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How many units are in Laguna Bay Residences?
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What size are units at Laguna Bay Residences?
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What is the starting price?
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Substitutes worth comparing
Open full comparison βSame area family, same property type, similar price band β what most buyers actually cross-shop.
From
RM 300K
Laguna Bay Residences