BATU FERRINGHI

Penang, Malaysia

26
Properties within neighbourhood
2
Convenience Store
0
Shopping Malls
4
Supermarkets & Markets
0
Public Transport
1
Educations
0
Places of Worship
1
Medicals
0
Banks
0
Petrol Station

average

Crime Level

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Highways

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About This Map

Transacted Prices

This is a representation of historical transaction prices within the neighbourhood, categorised by non-landed (condominium, serviced apartment, apartment), landed (townhouse, terrace, bungalow, semi-detached, house) and commercial (office, shop).

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Transacted Prices will give you an idea of the neighbourhood’s property price trend.

Analysis & Comparison

Analysis and comparison of average transaction, for sale and for rent prices for landed, non-landed and commercial properties within Batu Ferringhi *

* To provide you the most accurate information some columns may appear as ‘Insufficient Data’ due to insufficient transactions in the area

Non-Landed Landed Commercial
Avg Transacted Price
Avg Transacted Price(Psf)
Avg For Sale Listing Price
Avg For Sale Listing Price(Psf)
Avg For Rent Listing Price
Avg For Rent Listing Price(Psf)

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Neighbourhood Review

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Batu Ferringhi is the second most popular town on the island of Penang, which has gained its name from the beautiful sandy beaches in the area which offer unimpeded views of the Malacca Straits. It is the island’s most well-known stretch of beach with a high concentration of beach resorts. Beginning in the mid 1970s till the early 1990s, a great number of beach resorts have been developed along the shores of Batu Ferringhi, followed by many other high rise condominiums in the area.

In recent years, the area has become home to some of the most luxurious landed and non-landed residential properties on the Penang island. These include the hilltop villas and bungalows of Moonlight Bay, Ferringhi Villas, and Hilltop Villas, luxurious La Ferringhi terraces and so much more. Older properties include The Reef condominiums, Aquarius apartments and others. There are also an array of residential developments proposed in the area, which includes Iconic Vue condominiums under affordable housing efforts, The Oceanus ultra-luxurious mansions, Ferringhi Residence 2 condo-villas and many more.

The popular stretch of beach situated on the North end of Penang is a tourist hotspot with many amenities, attractions and activities in the area for convenience, fun and leisure. With these, residents living in the area have and can continue benefitting from the ever-growing number of amenities such as mini markets, eateries, banks, petrol stations and much more.

However, choices of educational institutions in the area are only limited to the International School of Penang (Uplands) and Tenby Schools Penang. The nearest hospital is also the Gleneagles hospital, inconveniently located in Georgetown. However, there are a number of clinics within the town of Batu Ferringhi for minor emergency matters.

Batu Ferringhi is approximately 30 minutes by car from Georgetown via Jalan Tanjung Bungah, also known as Route 6. Jalan Tanjung Bungah is also the only road leading into and out of Batu Ferringhi, and is the main road passing through the town of Batu Ferringhi, therefore making it heavily congested during certain hours or days. Traffic is known to be especially heavy at night during public holidays and weekends due to the very popular night market set up along the main road, Jalan Batu Ferringhi.

Hence, living in Batu Ferringhi may not be the best choice for those working in the city centre or Bayan Lepas. Investments of properties in the area may also be more suited as holiday homes or homestays while the market for longer leases may only be limited to expatriates or retirees.

Consumer Price Index

This is a representation of Penang Consumer Price Index (CPI) for the year of 2011 - 2015

Did you know?

A consumer price index (CPI) measures changes in the price level of a market basket of consumer goods and services purchased by households. (Wikipedia)

The Consumer Price Index (CPI) line shows an increment in prices of essential goods on a yearly basis, while the Percentage Changes line shows the level of changes in price increments over the years. For example, a dip in the CPI line may indicate a low level of price increment as compared to the previous year while a surge in CPI line shows a high level of price increment as compared to the previous year.

The above graph shows 1.742% of price changes in essential goods such as rice, meat and tobacco between the years 2011 and 2012, while increasing in difference to 2.093% in 2013. Prices of essential goods then increasing to 3.169% in the year 2014 while surging by 2.529% in 2015.

While the prices of essential goods have shown a variation in the Percentage Changes, the Consumer Price Index (CPI) on the other hand indicates a reality of ever increasing prices in essential goods with increments between the years 2011 - 2015 at 102.7 in 2011, 105.1 in 2012, 107.3 in 2013, 110.7 in 2014, 113.5 in 2015.

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Allison Siew
Great location for families who loves going to the beach and enjoys living by the sea.
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