Ferringhi Residence is a beautiful development of landed properties located on the island of Penang in the tourist attraction town of Bath Ferringhi. The homes in Ferringhi Residence command top value in the market for their premium location, of landed properties located in the hills metres from the beach.
Ferringhi Residence is a low density, gated and guarded residential area which will come with its very own resident-exclusive clubhouse. Amongst the wide array of facilities that residents can enjoy from the luxurious clubhouse are dedicated barbecue areas and an infinity pool.
One of Ferringhi Residence’s most beautiful creations is the six articulated landscapes in the clubhouse, and also within the scenic grounds of Ferringhi Residence will be a central linear park lined incorporating a walking and cycling path.
These resort homes at Ferringhi Residence are dedicated exclusively to the upmarket and expatriates. Conveniently located close to home at 500 metres away from Ferringhi Residence is the International School of Penang (Uplands), one of the most premium of education institutions on the island.
The only slack part of living at Ferringhi Residence is its distance from the city, where Georgetown is half an hour away and the Penang International Airport at an hour. Being situated in a tourist town, residents of Ferringhi Residence will however enjoy the best of Penang’s beaches metres from their homes.
The Batu Ferringhi beach is only a kilometre away from home where beach sports such as banana boating, jet skiing and parasailing are amongst some of the entertainment provided. Along these beaches are also many popular beachside restaurants that take full advantage of their location immediately next to the sea with its scenic views.
The entirety of Ferringhi Residence consists of 61 acres in the hills of Penang, and has a Gross Development Value (GDV) of RM826 million. It will offer a plenitude of homes to cater to all tastes of residences from high rises to large luxury villas. Despite its multitude of choices in homes, Ferringhi Residence is however a low density development that appeals to the upmarket for its desirable location.
(CLICK HERE TO USE MAP)
CLICK HERE TO USE MAP
Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
| Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
|---|---|---|---|---|---|
| Ferringhi Residence | Jan 2016 |
RM 870,000
-
RM 1,600,000
RM 570 psf - RM 1,059 psf |
RM 2,200 - RM 2,200 | NIL | 2.53 % |
| Pearl Residences | May 2017 | NIL | NIL | NIL | NIL |
| By The Sea | Apr 2015 |
RM 1,134,000
-
RM 2,400,000
RM 1,054 psf - RM 2,026 psf |
RM 5,000 - RM 5,000 | NIL | 4.37 % |
| La Ferringhi | Feb 2014 |
RM 750,000
-
RM 750,000
RM 271 psf - RM 271 psf |
NIL | NIL | NIL |
| Moonlight Bay | Aug 2010 |
RM 2,400,000
-
RM 5,000,000
RM 480 psf - RM 1,000 psf |
RM 4,200 - RM 4,200 | NIL | 2.46 % |
| Pinang Emas Flat | 2005 |
RM 130,000
-
RM 150,000
RM 231 psf - RM 267 psf |
RM 800 - RM 800 | NIL | 6.34 % |
| Eden Seaview | 2000 |
RM 280,000
-
RM 880,000
RM 320 psf - RM 577 psf |
RM 1,200 - RM 1,200 | NIL | 3.83 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
| Non-Landed | Landed | Commercial | |
|---|---|---|---|
| 0 - 500 SQ. FT | - | - | - |
| 500 - 1,000 SQ. FT | - | - | - |
| 1,000 - 1,500 SQ. FT | - | - | - |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 120,000 |
| Loan Amount ( 90 %) | RM 1,080,000 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
| Apply now | |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
With PropSocial, everyone can now find their dream home. Looking to buy, sell or rent a home of Ferringhi Residence? Fill in your details and we will get right back to you!
