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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
RM 2,520,000.00 (Approx. RM 431 per sq.ft)
Check monthly installment
Deposit
10% of Reserve Price
  • Conveniently located next to Dalat International School
Property Highlights

✔ Directly in front of Astaka Hillside Tanjong Bungah (Food Court)
✔ Opposite Jalan Tanjung Bungah
✔ 5 min to Lotus's Tanjung Pinang
✔ 8 min to Island Plaza
✔ Near to TAR UMT Penang Branch
✔ Close to Penang Adventist Hospital
✔ Easily accessible via Jalan Tajong Tokong 
Auction Details

Reference No.
LTC809913
Plaintiff / Assignee
Alliance Bank Malaysia Berhad
Defendant / Assignor
Auction Date & Time
23rd April 2025, Wednesday, 11:00 AM
Auction Venue
High Court e-Lelong
Mahkamah Tinggi Kuantan, Jalan Masjid, 25000 Kuantan, Pahang
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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

Down Payment
10%

RM 10,178.68
per month
RM
RM
%
Years
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 2,268,000.00 RM 2,016,000.00 RM 1,764,000.00
Estimated Monthly Installment RM 10,178.68 RM 9,047.71 RM 7,916.75
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. 
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03-2162 3333 (ext. 1023 / 1038 / 2008)
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