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The Reef is based in the hot tourist spot of Batu Ferringhi. Although the beach is within walking distance from the condominium, other amenities are a couple of minutes drive away while residents get to enjoy panoramic sea views from their units.
The Reef is located in a rather quiet area which is conducive for those who appreciate a calm environment. Gurney Plaza and Island Plaza are less than 15 minutes away from The Reef, which means that residents do not need to go far to shop for their daily necessities.
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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 (%) |
---|---|---|---|---|---|
The Reef | 1987 |
RM388,000
-
RM545,000
RM 369 psf - RM 519 psf |
RM1,200 - RM1,200 | NIL | 3.86 % |
Shamrock Beach | 2012 |
RM1,850,000
-
RM1,850,000
RM 472 psf - RM 472 psf |
RM9,000 - RM12,000 | NIL | 6.81 % |
Surin | 2011 |
RM688,000
-
RM950,000
RM 493 psf - RM 657 psf |
RM1,600 - RM1,600 | NIL | 2.52 % |
Island Resort | 2011 |
RM513,000
-
RM3,000,000
RM 410 psf - RM 744 psf |
RM1,700 - RM1,700 | NIL | 2.25 % |
Beverly Hills | 2011 |
RM1,150,000
-
RM5,300,000
RM 383 psf - RM 852 psf |
RM3,000 - RM3,000 | NIL | 2.42 % |
Hilltop Villas | 2011 |
RM2,790,000
-
RM9,000,000
RM 510 psf - RM 1,017 psf |
From RM12,000 | NIL | NIL |
Twin Towers | 2000 |
RM550,000
-
RM710,000
RM 469 psf - RM 617 psf |
RM1,100 - RM1,100 | NIL | 3.94 % |
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 | RM 414 psf | - | - |
1,500 - 2,500 SQ. FT | RM 399 psf | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 51,000 |
Loan Amount ( 90 %) | RM 459,000 |
Tenure Years | 35 Years |
Interest Rate | 4.85% |
Others (Estimation) | RM 10,000 |
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.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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