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Condominium
5+1 Bedroom
Freehold
Property Address
Unit No. 521B-16-1, Jalan Tanjong Bungah, The Cove, 11200, Tanjong Bungah, Penang
Built Up
Approx. 5,834 sq.ft
Reserve Price
Deposit
10% of Reserve Price
Auction Details
Reference No.
LTC794275
Plaintiff / Assignee
Alliance Bank Malaysia Berhad
Defendant / Assignor
Auction Date & Time
23rd January 2025, Thursday, 11:00 AM
Auction Venue
High Court e-Lelong
Mahkamah Tinggi Kuantan, Jalan Masjid, 25000 Kuantan, Pahang
Mahkamah Tinggi Kuantan, Jalan Masjid, 25000 Kuantan, Pahang
Why buy The Cove, Tanjung Bungah
The Cove (also known as The Cove Condominium) is a freehold condominium located at Jalan Tanjung Bungah, 11200 Tanjung Bungah, Penang, City, State. It is developed by City Associates Group and was completed in 2007.
The Cove comes with 4 blocks of 40 storey buildings which comprises a total 160 (1 unit per floor) units. The built-up size of the unit measures approximately 5,820 sf (grossly 6,000 sf including private lift lobby) in size and all units come with 5+1 bedrooms and 5 bathroom.
The Cove provides facilities such as smart security system, 2 covered car park lots, 24-hour security, CCTV, swimming pool, wading pool, gymnasium, sauna, community hall, landscape garden, BBQ facilities, tennis court, basketball court, outdoor sun-deck table, chairs and shades, playground, jogging track and BBQ area.
The Cove is near to amenities such as shopping mall (Air Force Professional School (SITU)), public transportation (Tanjung Bungah Rapid Penang Bus Hub, Penang Hill Upper Station and Penang Hill Upper Tunnel Station), colleges (TAR College) and schools (Dalat International School, Apple Tree Education (Kindergarten) and Air Force Professional School (SITU).
The Cove is easily accessible via Jalan Tanjung Tokong, Jalan Tanjung Bungah and Jalan Lembah Permai. It is a 10-minute drive away from nearby Georgetown.
Quick Facts
Name: The Cove (also known as The Cove Condominium)
Tenure: Freehold
Type: Condominium
Address: Jalan Tanjung Bungah, 11200 Tanjung Bungah, Penang lan, City, State
Developer: City Associates Group
Year Of Completion: 2007
No. of Blocks: 4
No. of Storey: 40
Total Units: 160 (1 unit per floor)
Built-Up size: 5,820 sf (grossly 6,000 sf including private lift lobby)
Unit Types: 5+1 bedrooms and 5 bathroom
Maintainance Fee (PSF): RM0.13
Loan Calculator
| Loan Margin | 90% | 80% | 70% |
|---|---|---|---|
| Loan Term | 35 Years | 35 Years | 35 Years |
| Interest Rate | 4.1% | 4.1% | 4.1% |
| Down Payment | 10% | 20% | 30% |
| Loan Amount | RM 2,520,000.00 | RM 2,240,000.00 | RM 1,960,000.00 |
| Estimated Monthly Installment | RM 11,309.64 | RM 10,053.01 | RM 8,796.39 |
Note
- For intending bidders, please call our hotline for latest auction status as auction may be withdrawn / called off at last minute.
- Intending bidders are advised to obtain a copy of the Proclamation of Sale before participating the auction.
- The photographs shown herein are solely for general identification and information.
