Developer
Country Garden Danga Bay
Country Garden (碧桂园) — flagship waterfront phases within Danga Bay district
- Developer
- Country Garden (碧桂园) — flagship waterfront phases within Danga Bay district
- Completion
- 2012–2018 (Country Garden towers)
- Rental range
- RM 1,500 – 2,600 / mo
- Yield
- 5.2 – 6.5% gross
- Occupancy
- 80 – 88% (newer CG stock)
- Target tenant
- Local Family & yield-focused investors
Property types
- Studio & 1-bed waterfront
- 2-bed family condos
- 3-bed seaview units
Pros
- +Newer build vs ageing Danga Bay blocks
- +Waterfront lifestyle
- +Stable family tenant pool
- +Lower entry than R&F / FC
Cons
- −District-wide competition
- −Management varies by phase
- −Tourism seasonality on some blocks
- −Maintenance on older adjoining stock