Laguna Bay Residences suits buyers who want a freehold 900 sq ft three-bedroom home on the Teluk Kumbar coast, from RM432,000. It is a weaker fit for households with two cars, as each unit has one car park and extra bays cannot be bought.
The project is by Kobay SB (Kobay Technology Berhad), with 342 units in a 31-floor beachfront tower, about 500 m from Lexis Suites Penang. Completion is targeted for Q1 2027.
By Chan Wei Chao, REN 39846, IQI Realty Sdn. Bhd. Updated 12 November 2026. Prices are developer prices.
Laguna Bay Residences pros
- More space. 900 sq ft, against 850 sq ft at Taman Harmoni Vista and 700 to 721 sq ft at D’Tiara Residence.
- Coastal setting. A single tower on the Teluk Kumbar coast.
- Four lifts. For 342 units, with 34 visitor bays.
- Road upgrade. The main road will be widened to four lanes on completion.
Laguna Bay Residences cons
- One car park. Extra bays cannot be bought.
- Higher price. RM132,000 more than the RM300,000 entry at Harmoni Vista and D’Tiara.
- Not ready yet. Completion is targeted for Q1 2027.
- Guardhouse only. Security is at the guardhouse.
Which unit should you choose?
Type A is RM432,000 and Type B is RM448,000, both 900 sq ft with three bedrooms. Ask what the RM16,000 difference covers.
Summary
Laguna Bay fits buyers who want a bit more space by the sea and need only one car park. See Laguna Bay Residences prices and floor plans, or compare it side by side with Taman Harmoni Vista and D’Tiara Residence.
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