Leisure Bay

Leisure Bay is a high-rise residential development located within the established neighborhood of Tanjung Tokong. Several similar developments are within close proximity such as The Brezza, Desa Bella, and Grand View to name a few. It is situated along Jalan Tanjung Tokong in Tanjung Bungah.It comprises of a 19-storey building housing a total of 82 units. Each floor consists of merely 4-units and have built-up size ranging from 800 to 1,300 sf; penthouses on the other hand have built-up size of approximately 3,000 sf. Standard units are basically divided into 2-types, 2-bedroom and 3-bedroom units.As the address would suggest, being located in Tanjung Tokong, residents of Leisure Bay are able to enjoy easy accessibility to amenities. Within close proximity are rows and rows of shop-offices which are host to many local restaurants, shops and banking facilities. Furthermore, Tesco hypermarket is no more than 5-minutes drive along the road. Quite a number of educational institutions can be found within close proximity to Leisure Bay as well, with the closest one being SK Tanjung Tokong, followed by SJK(C) Hun Bin, Kumon Tanjung Tokong and Madrasah Al Taqwa - all of which are no more than 0.5km away. Additionally, medical institutions such as Mt. Miriam hospital is easily accessible, not to mention the abundance of religious institutions surrounding the enclave.Leisure Bay is well-connected via Jalan Tanjong Tokong, Jalan Fettes and Jalan Mount Erskine. It is within 10-minutes drive to Penang Bridge along Tun Dr Lim Chong Eu highway. Public transportation can be seen around the area as quite a number of Rapid Penang buses and taxis circumvent the enclave.

Property Details

Name: Leisure Bay

Address: 33, Jalan Tanjung Tokong, 10470 Penang

Completion Date: 1990

Type: Condominium

Tenure: Freehold

No. of Blocks: 1

No. of Storey: 19

No. of Units: 82

No. of Bedrooms: 3

No. of Bathrooms: 2

Land Area: 2-acres

Built-up

Standard: 800 sf - 1,300 sf

Penthouse: 3,000 sf

Maintenance Fee: Approximately RM0.25 psf

Subsale Price:

Facilities

BBQ area

Gymnasium

Playground

Swimming pool

Wading pool

Squash court

Covered parking

Landscaped garden

24-hour security

Market Trends

Analysis

Leisure Bay is one of the more matured development in the vicinity of Tanjung Tokong, as it has been 12 years since it was launched. That being said, however, it is well-maintained over the years and have recently received a new coat of paint in year 2007. Most residents have been contented with the management and have no complaints.It is important to note that, Leisure Bay is strategically positioned in the middle of many important places around Penang Island. In spite of being in the middle of the city's hustle and bustle, it's low density concept ensures that residents are able to retreat home and enjoy a certain degree of undisturbed peace, which is an extremely valuable commodity.