BayStar

BayStar (also known as BayStar Condominium) is a brand new luxury condo developed by CP Lands, which is a subsidiary of CP Group in Penang. It consists of two blocks of 11-storey with a total of 160 units built on 3.69 acres of freehold land.There are five standard unit types and two penthouse types to choose from at BayStar, with built-up areas ranging from 1,562 to 4,450 sf. Basically, there are eight units per floor for the standard unit types. Located within the Queensbay vicinity, it is situated exactly opposite Queensbay Mall in Penang Island. BayStar is easily accessible via Persiaran Bayan Indah, Jelutong Expressway, Bayan Lepas Expressway (better known as Coastal Highway), Jalan Sultan Azlan Shah and many other major roads on the island. BayStar is close to amenities such as shopping malls (Queensbay Mall, Bukit Jambul Complex), cafe and restaurants, corporate offices (Krystal Point, I-Avenue, Bayan Bay, etc.), schools and institution of higher learning (SK Sungai Nibong, SMK Sungai Nibong, SJKC Kwang Hwa, University Science Malaysia and Penang Skills Development Centre), Sungai Nibong bus terminal and the Penang Free Industrial Zones (FIZ). It is also near to the Penang Bridge as well as the Penang International Airport.

Property Details

Name: BayStar (also known as BayStar Condominium)

Address: Queensbay, Bayan Lepas, Penang

Developer: CP Lands (a subsidiary of CP Group)

Completion Date: End 2009

Type: Condominium

Tenure: Freehold

No. of Blocks: 2

No. of Storey: 11

No. of Units

Standard: 152

Penthouse: 8

Maintenance Fee: RM0.20 psf

Launch Price: From RM620,000

Subsale Price:

Rental:

Layouts

Type A / A1

1,562 sf

City view

Type B / B1

2,248 sf

Sea view

Type C / C1

2,491 sf

Sea view

Type D / D1

1,803 sf

Sea view

Type E / E1

1,745 sf

Pool view

Type F / F1

3,998 sf

Sea view

Type G / G1

4,450 sf

Sea view

Facilities

24-hour security

Swimming pool

Wading pool

Gymnasium

Squash court

Children's playground

Multipurpose hall

Analysis

A developer's reputation is often one of the most vital considerations when a potential property buyer scouts for a suitable property. No doubt CP Lands through its parent company CP Group was actively involved in the construction industry; it has since diversified its portfolio into property development in 1993. Today, with proven track record in developing numerous prestigious commercial and residential projects, CP Lands has built a name in the local property market by being one of the reputable developers. With CP Lands' reputation, property buyers need not worry much about the developer's capability.Most units at BayStar come with the sea view. However as the whole area is facing Pulau Jerejak and view of Penang Bridge, this condo is actually blocked by the island. Some may regard the island as panoramic view but certain property buyers may question the definition of a sea view condo unit especially when it is actually facing an island and just a part of the sea. Being a part of the Queensbay development project, Baystar is right in the middle of the Queensbay area surrounded by BayCapital, BayAvenue, BayGarden, and Queensbay Mall; all within walking distance. However, due to the close proximity to the shopping malls and shop lots, the whole area is often packed with cars. The traffic congestion happens on a daily basis and would be worse on weekends and public holidays. Many patrons who frequent Queensbay Mall and also the nearby shop lots often park their cars along the road which leads to the entrance of BayStar. During peak seasons such as school holidays, public holidays or mega sale carnivals, the shopping mall patrons would park along both sides of the road due to inadequate car parking spaces. This has not only made the aforementioned road narrow but also worsens the traffic flow at the area especially when there are cars entering and exiting the condos at the same time. Further to the location factor, there have also been a number of reports of car break-in cases outside BayStar's premise. Though it did not happen inside the condo, potential property buyers should seriously take note of this issue to prevent any unwanted incidents. Other than that, the poorly lit Persiaran Bayan Indah could also pose potential danger to property owners.Many people believe that staying at the seaside is one of the most wonderful things in life. However, it is the total opposite for those who are staying at BayStar as there are no beautiful sandy beaches along the seaside. The condo was actually built on a reclaimed land, which used to be muddy and smelly. Even though the land has been developed and beautifully designed, property owners are to be reminded that the whole area stinks especially during the low tide season. BayStar was built on reclaimed land, even though the reclamation works were done about 10 to 15 years ago. There have been cases where sink holes and cracking appear on buildings in such areas, some are wary that the same may happen to BayStar as well. However, there has not been any such incident reported thus far. Another issue that potential property buyers of BayStar should consider would be the low flying planes. As the Queensbay area is very near to the Penang International Airport, property owners are to be reminded about low flying planes and the noise pollution particularly during peak time which is expected to be approximately 5 minutes of interval between planes. In view of the pricing, many buyers have regarded BayStar to be overpriced. However, many property owners from nearby leasehold developments such as Putra Marine and Putra Place have actually jumped over and bought a unit of BayStar. This is mainly due to this condo's freehold status, spacious units and low density.