Mah Sing Group
The Loft @ Southbay City
Southbay City, Batu Maung
From
RM 980K
RM 900– PSF · Completion 2017
Tenure
freehold
Title
TBC
Total Units
156
Completion
2017
- From
- RM 980K
- PSF
- RM 900
- Tenure
- freehold
- Total units
- 156
- Status
- completed
- Completion
- 2017
Project Tracking
We're tracking The Loft @ Southbay City — not yet personally reviewed by Zac
This project is in our database from public sources (3 sources) from Mah Sing Group. Full pricing, floor plans, unit availability and Zac's honest take are available on direct request — most developers update pricing weekly and we share the current numbers immediately.
- 📋 Latest price list & available unit types
- 🏗️ Current construction stage and photos
- 💬 Zac's honest assessment for your situation
- 📞 Direct introduction to the developer if you want to view
Facilities
What's nearby
🏥 Healthcare
- Hospital Lam Wah Ee8.5km
- Pantai Hospital Penang9.5km
- Penang International Airport Klinik4.0km
🎓 Schools
- SMK Batu Maung2.5km
- SMK Bayan Lepas4.0km
- Straits International School5.5km
🛍 Shopping
- Southbay Plaza800m
- Queensbay Mall7.5km
- Sunshine Square Bayan Baru7.0km
Monthly Instalment Calculator
Monthly Instalment
RM 3,958
Total Interest
RM 780,508
Total Outlay
RM 1,760,508
Batu Maung — area snapshot
Full area guide →Batu Maung is a quieter southern corner of the island near the second Penang Bridge. The area is developing steadily with a mix of mid-range condos and landed homes.
Price range
RM 360K – RM 1.1M
asking prices in area
Active projects
2
selling or under construction
Subsale condos
3
completed projects
Total tracked
6
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 98,000 |
| SPA stamp duty | RM 23,400 |
| SPA legal fee | RM 11,050 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 23,400 |
| Loan stamp duty (0.5%) | RM 4,410 |
| Loan agreement legal fee | RM 4,410 |
| Valuation fee | RM 2,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 167,670 |
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 based on 2026 Penang state rules. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →
Frequently asked questions
How much is The Loft @ Southbay City?
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Is The Loft @ Southbay City freehold or leasehold?
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When is the expected completion / VP?
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Who is the developer of The Loft @ Southbay City?
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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 980K
The Loft @ Southbay City