Batu Maung Β· Subsale Market
The Loft @ Southbay City Subsale β Batu Maung, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
The Loft @ Southbay City is a completed freehold condominium in Batu Maung, Penang, completed in 2017 by Mah Sing Group. It has 156 units. It launched from around RM 1.60M in 2013 β that is the launch price, not a current resale figure. WhatsApp Zac for live asking prices.
Price at a glance
Prices as at September 2026 β Developer launch prices basis. Last checked 2026-07-20. A negotiation floor, not what it trades at today.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 1,325β1,615 | RM1.601M | RM900 |
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a The Loft @ Southbay City subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Batu Maung's noise levels, traffic, neighbour mix, and JMC quality are known quantities at The Loft @ Southbay City.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
How The Loft @ Southbay City is priced within Batu Maung
At roughly RM900 psf, The Loft @ Southbay City prices toward the upper end of Batu Maung's condo band (RM350β550 psf). Expect to justify that with something concrete: sea view, low density, branded management, or a genuinely superior position within the area.
Area gross yield
~5%
Typical for Batu Maung condos
Building age
9 years
Completed 2017
PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data β see the Penang Price Index. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.
The The Loft @ Southbay City pre-purchase checklist
- 1.Remaining lease (if leasehold) β Ask for the exact expiry year. Banks tighten lending as the remaining term shortens, which affects both your loan and your future buyer's.
- 2.Outstanding charges and caveats β Your lawyer should run a full land search for caveats, charges or restrictions in interest before you release any deposit.
- 3.Genuine transacted comparables β Ask for recent transacted prices in the same block, not asking prices. Asking prices tell you what sellers hope for, not what the market pays.
- 4.Exit tax position β Model your RPGT before you buy, not when you sell. Holding period changes the maths substantially, especially for foreign owners.
- 5.Vacant possession terms β Agree in writing what stays β air-conditioners, built-ins, curtains, lights. Fixture disputes at handover are entirely avoidable.
The Loft @ Southbay City price 2026
What The Loft @ Southbay City trades at on the sub-sale market, last checked 2026-07-20.
| Asking from | RM1.6M+ |
| PSF | RM900 |
| Built-up | 1,325 β 1,615 sqft |
| Completed | 2017 |
| Units | 156 |
Developer launch price. This is what the developer charged at launch, not what the building trades at today. Treat it as a floor for negotiation, not a guide to current value.
The building is 9 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporationβs problem and, through the sinking fund, partly yours. Check what was actually rectified.
A foreign buyer can purchase here β the RM1M minimum is cleared. Add the state levy, a flat 8% stamp duty and 3β4 months for state consent.
Selling rather than buying? The RPGT rates and the 21B retention decide what you keep β and if you are near the five-to-six-year line, the date matters more than the price.
The Loft @ Southbay City for sale & for rent
Looking to buy or rent a unit in The Loft @ Southbay City? Asking prices and rents move with the market and with the specific unit β floor, facing, condition β so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.
The Loft @ Southbay City key facts
- Developer
- Mah Sing Group
- Area
- Batu Maung, Penang
- Type
- condominium
- Tenure
- freehold
- Completed
- 2017
- Total units
- 156
- Asking PSF
- RM900
- Price from
- RM 1.60M
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on The Loft @ Southbay City:
View full The Loft @ Southbay City profile βBatu Maung β area snapshot
Full area guide βBatu 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 420K β 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
Other projects in Batu Maung
All 5 others we track here, cheapest first β 2 of them still selling.
- M Vista @ SouthbayRM420K
- Ventus & TradesmenRM480K
- M ZenniRM657K
- Sunway CassiaRM999K
- Phoenix ResidencesRM1.12M
The Loft @ Southbay City subsale β common questions
What is the price of The Loft @ Southbay City?
The Loft @ Southbay City runs RM1,600,800 and up. That is the developer launch price, not what the building trades at today. Treat it as a floor for negotiation. That works out to about RM900 per square foot. Checked 2026-07-20.
Is The Loft @ Southbay City freehold or leasehold?
The Loft @ Southbay City is freehold. We do not hold the land title class on record β confirm it with the developer, because a commercial title changes your utility tariffs and loan margin.
Can a foreigner buy at The Loft @ Southbay City?
Yes. Penang Island sets a RM1,000,000 minimum for foreign buyers. Add a state levy, a flat 8% stamp duty, and 3β4 months for state consent.
When was The Loft @ Southbay City completed?
The Loft @ Southbay City completed in 2017, developed by Mah Sing Group. Units here trade sub-sale.
How big are the units at The Loft @ Southbay City?
Built-ups run 1,325 to 1,615 sq ft. There are 156 units in total.
More on the neighbourhood:
Batu Maung area guide β schools, transport, PSF, lifestyle scorecard βSubstitutes worth comparing
Open full comparison βSame area family, same property type, similar price band β what most buyers actually cross-shop.