Ferringhi Residence

Off Jalan Sungai Satu, 11100 Batu Ferringhi, Penang
Condominium Semi Detached
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Details:

Developer

Developer of Ferringhi Residence, Mah Sing Group Berhad
Mah Sing Group Berhad
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Chinese ad 4621 326x150 01

Facilities

Covered car park
Jogging track
Fitness corner
Barbecue pits
Pavilion
Lap pool
Clubhouse
Gymnasium
Infinity pool
Cafe
Multipurpose hall
Walking & cycling path
Playground
6 articulated dreamscapes

Property Details

2016 Jan
(Year of Completion)
This project was completed 5 years ago
RM 1,200,000 - RM 1,780,000
RM 1,200 - RM 3,500
Built Up
1,510 SQ. FT - 2,000 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
NIL
Total Storeys
5
Total Units
200

Description

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.

Gated & Guarded
Security
No
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants
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Nearby Amenities:

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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 850,000 - RM 1,600,000
RM 562 psf - RM 1,059 psf
RM 2,000 - RM 2,000 NIL 2.45 %
Pearl Residences May 2017 NIL RM 4,500 - RM 4,500 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 1,450,000 - RM 1,600,000 NIL NIL NIL
Moonlight Bay Aug 2010 RM 2,125,000 - RM 5,000,000
RM 442 psf - RM 1,000 psf
RM 4,000 - RM 4,000 RM 2,788,067 (RM 639 psf) 2.56 %
Pinang Emas Flat 2005 RM 115,000 - RM 180,000
RM 202 psf - RM 321 psf
RM 650 - RM 650 NIL 5.41 %
Eden Seaview 2000 RM 280,000 - RM 880,000
RM 320 psf - RM 577 psf
RM 1,000 - RM 1,000 NIL 3.62 %

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 - RM 499 psf -
4,000 SQ. FT and above - RM 685 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 319 psf
Non Landed Properties
RM 648 psf
Landed Properties
RM 0 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees

My Affordability:

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
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Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM N / A psf (1,510 SQ. FT)
Total Monthly Expenses
RM 3,000 ±

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.

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