Developer
Danga Bay
Multiple developers — Country Garden, Mah Sing, UMLand (mature district)
- Developer
- Multiple developers — Country Garden, Mah Sing, UMLand (mature district)
- Completion
- 2008–2018 (established resale stock)
- Rental range
- RM 1,400 – 2,800 / mo
- Yield
- 5.0 – 6.2% gross
- Occupancy
- 78 – 85% (mature tenant base)
- Target tenant
- Local Family & yield-focused investors
Property types
- 1–2 bed affordable condos
- 3-bed family units
- Serviced apartment stock
- Waterfront & city-view towers
Pros
- +Proven rental history
- +Lower entry vs R&F / FC
- +Tourism & waterfront lifestyle
- +Wide resale liquidity
Cons
- −Ageing stock in some blocks
- −Management quality varies by building
- −Lower rent growth ceiling
- −Competition from newer Iskandar stock