Bay Suites, Kota Kinabalu, Sabah

🔥 BAY SUITES @ LIKAS, KOTA KINABALU 🔥 ✨ LEVEL 23 | FULLY RENOVATED + FURNISHED | AIRBNB ALREADY RUNNING ✨

💰 RM588,000 (Nego) 📐 656 sqft | 🛏️ 2 Bedrooms | 🚿 1 Bathroom 🔑 Owner direct. No agent. No commission from you.

This is a finished, furnished, income-producing Airbnb unit, not an empty shell.

Take over the keys and the bookings continue.

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⭐ WHY THIS ONE, NOT THE OTHERS

Most units in this building sell bare, or with the basic developer furnishing pack. You then spend three months and RM80,000 getting it liveable.

Mine is already done. Full developer renovation package plus a designer furnishing fit-out. Over RM80,000 spent after handover. All of it included in the price. Invoices available, ask me.

🏨 It is currently operated as a short-stay unit by a professional third-party Airbnb management company. You can keep them on and collect from day one, or take over and run it yourself. Your choice.

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🛋️ WHAT IS INCLUDED

Renovation
✅ Built-in kitchen cabinets, stone-look countertop
✅ Feature wall panelling, cove lighting, track lighting
✅ Timber-look flooring to bedrooms, porcelain tile to wet areas
✅ Full-height blackout curtains and sheers throughout
✅ Glass shower screen, vanity, built-in wardrobes

Furniture
✅ Designer sofa, marble coffee table, dining set
✅ Queen + 2 single beds, all with mattresses

Appliances
✅ Smart TV, fridge, induction hob, cooker hood, microwave, kettle
✅ Water heater, air-conditioning

Plus
✅ Crockery, cookware and linen.

Nothing left for you to buy.

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📋 UNIT DETAILS

📍 Jalan Bayu 21, Off Jalan Istiadat, Likas, 88400 Kota Kinabalu
📐 Built-up : 656 sqft (61 sqm)
🛏️ Layout : 2 bedrooms, 1 bathroom
🏢 Floor : Level 23, high floor
🌄 Facing : City, Crocker Range, partial Likas Bay
🛋️ Furnishing : Fully furnished and renovated
📄 Title : Commercial (business suite)
📜 Tenure : Leasehold, town lease
🗓️ Vacant poss. : August 2024
🏨 Status : Operating as a managed short-stay unit

🚗 CAR PARK: parking at Bay Suites is controlled by Building Management and is not an accessory parcel to this unit. It does not transfer with the sale. New owner applies to management directly. I am telling you this upfront so there are no surprises later. 5 levels of covered parking on site.

Comfortable for a couple, a small family, or a business traveller.

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🏊 FACILITIES

🏊 网红 Infinity pool
💪 Gymnasium
🌆 Sky lounge
💼 Meeting room
🧒 Kids playground
🛎️ Lobby reception
🔒 24-hour security
🚗 5 levels covered car park
🛍️ Shops, cafes, clinics and convenience stores at Bay 21 downstairs.

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📊 THE NUMBERS, STRAIGHT

💵 Service charge + sinking fund : RM0.42 psf, about RM276/month
🏠 Long-term rents in this block : RM2,500 - RM2,800

At RM588,000 that is roughly 5.1% to 5.7% gross, or about 4.5% to 5.2% after service charge. Short-stay returns have been running above that. Ask me and I will show you the actual management statements.

⚡ Commercial title
🏨 ON AIRBNB: this unit sits on a COMMERCIAL title, which is the correct title class for short-stay letting. There is no residential by-law issue here and no management committee fight to have.

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📍 LOCATION

🚗 5 mins : Likas Sports Complex, Likas Bay waterfront
🚗 8 mins : KK City Centre, Suria Sabah, Imago Mall
🚗 10 mins : Sabah International Convention Centre (SICC)
🏥 Nearby : Damai, Luyang, KPJ Sabah, Queen Elizabeth Hospital

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📝 TERMS OF SALE

Strata title has not been issued yet, so this is a sale by Deed of Assignment with developer consent. Normal for this building.

✅ Here is why that works for you:
I bought this unit in CASH. There is no bank loan on it and nothing to redeem. Developer consent is the only real step, which makes this faster to complete than a titled sale with a loan attached.

💰 Asking RM588,000, negotiable to a serious buyer
🛋️ All furniture and fittings included as-is
✍️ 3% earnest deposit on acceptance, standard 14 + 14 day SPA
⚖️ Legal fees and stamp duty are the buyer's responsibility, as per standard practice
🥇 Cash buyers and buyers with loan approval in hand get priority
📄 SPA, floor plan, VP documents, renovation invoices and Airbnb management statements available on request
🔍 Run your own land search. Inspect anything you want.

🤔 WHY I AM SELLING Consolidating my property holdings.
Nothing is wrong with the unit. I am not in distress and not in a rush, but I will deal properly and quickly with a buyer who is ready.

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📞 VIEWING

You are dealing direct with the owner. I am based in Kuching.

📹 Virtual video walkthrough
🏠 Physical viewing in KK - arranged with about 48 hours notice

WhatsApp me your name and when you would like to view. I can send back the floor plan, VP documents, renovation invoices and the Airbnb management statements so you can assess it properly before you fly in.

📲 WhatsApp / Call : Show contact number