Southbay City is the commercial component of the modern beach fronting Southbay integrated township. It is located on the South-East side of Penang, in Batu Maung. This integrated city is the winner of the Cityscape Asia Real Estate Award 2010 for Best Waterfront Development (Future).Sprawling over 34.5-acre site, Southbay City is an integrated modern city that boasts the concept of live, work and relaxes amidst vibrant modern setting within the relaxing enclave of the sea-side. Southbay City is modeled after seaside resorts such as the Darling Harbor in Sydney, the Canary Wharf in London and Mediterranean resorts in Spain. It is planned to host fine dining restaurants along the shoreline, residential suites, two hotels, a retail mall as well as other commercial and recreational attractions (Cheng Hoe Memorial Hall and a sculpture garden). It has Gross Development Value (GDV) of RM911 million. Southbay City consists of 2 blocks of hotels, a 27-storey block with 300 rooms and a 23-storey block with 400 rooms; a high-rise 26-storey corporate office tower; 5 shop-office blocks consist of 3 (Block A & C), 4 (Block B) and 5-storeys (Block D & E); 9 blocks of 19 to 28-storey blocks of service suites that consists a total of 487 units; a 3-storey Cheng Hoe Memorial Hall and a proposed petrol station.The first phase of Southbay City is Southbay Plaza, which consists of retail shops and residential suites. The sea-fronting retail shops comprise 1 to 3-storey shop lots with built-ups ranging from 1,200 sf up to 14,000 sf. Meanwhile, the residential suites comprise of 1 to 3+1 bedrooms units with built-up sizes ranging from 1,028 sf to 1,645 sf. Southbay City is part of Mah Sing's Southbay modern township that also includes Southbay Legenda and Southbay Residence. Southbay Legenda consists of luxurious 3 to 4-storey resort bungalows called Legenda Scenic, Deluxe and Scenic with built-ups from 6,460 sf to 7,300 sf. It has price tags starting from RM3.6 million up to RM4.4 million. Meanwhile, Southbay Residence consists of 288 units of 3-storey link-houses with built-ups of 3,000 sf and 3,300 sf within resort setting. Southbay development will consist a total of 376 landed residences and an integrated commercial hub (Southbay City) and is scheduled to be completed by 2016. The entire Southbay project has Gross Development Value (GDV) of RM1.35 billion.
Property Details
Name: Southbay City Address: Southbay, Batu Maung, Penang Developer: Enrich Property Development (a subsidiary of Mah Sing Group) Completion Date: Early 2013 (estimate) Type: Mixed Tenure: Freehold No. of Blocks Hotel: 2 Corporate Office: 1 Retail Shop: 5 Service Suite: 9 No. of Storey Hotel: 27 & 23 Corporate Office: 26 Retail Shop: 3, 4 & 5 Service Suite: 19 - 28 No. of Units Hotel: 700 Service Suite: 487 No. of Bedrooms: 1 – 3+1 No. of Bathrooms: 1 – 3 Built-up: 1,028 – 1,645 sf Launch Price: RM400 – RM450 psfLayouts
Retail Shops 1-Storey Retail Shop: 1,200 – 1,500 sf 2-Storey Retail Shop: 2,800 – 3,200 sf 3-Storey Retail Shop: 4,500 – 14,000 sf Residential Service Suite Type A (2 bedrooms): 1,030 sf Type B (1+1 bedrooms): 1,030 sf Type C (2 bedrooms): 1,145 sf Type D (3 bedrooms): 1,610 sf (Duplex) Type E: (3+1 bedrooms): 1,620 sf (Duplex) Type F (2 bedrooms): 1,325 sf Type G (3+1 bedrooms): 1,625 sf Type H (3+1 bedrooms): 1,635 sfFacilities
2-tier security Infinity pool GymnasiumAnalysis
Indeed, the design of the entire development of Southbay City is very modern and contemporary. It is hard to imagine that this kind of developments will be here in our country. But with Mah Sing's name and reputation, one shall believe that this is going to be real. The developer is also currently busy with other futuristic developments such as Icon Residence, M City, and Icon City. However, the surrounding area of Southbay City is an issue, as the locals claimed that the area is very near to factory zone, highway and bridge. Hence, it may be polluted by noise, dust and dirty air – making life not that comfortable and luxurious as the ones in Darling Harbor in Sydney or the Canary Wharf in London, that the developer is trying to copy.
