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.
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 611 psf - RM 1,059 psf
|RM 2,500 - RM 2,500||NIL||2.51 %|
|By The Sea||Apr 2015||
RM 1,466 psf - RM 2,079 psf
|RM 5,500 - RM 5,500||NIL||3.06 %|
|La Ferringhi||Feb 2014||RM 1,450,000 - RM 1,600,000||RM 4,000 - RM 4,000||NIL||3.15 %|
|Moonlight Bay||Aug 2010||
RM 535 psf - RM 1,150 psf
|RM 3,500 - RM 3,500||RM 1,452,132 (RM 444 psf)||2.17 %|
|Pinang Emas Flat||2005||
RM 241 psf - RM 241 psf
|From RM 600||RM 109,227 (RM 195 psf)||NIL|
RM 453 psf - RM 625 psf
|RM 1,200 - RM 1,200||RM 377,524 (RM 421 psf)||3.38 %|
RM 414 psf - RM 414 psf
|RM 1,200 - RM 1,200||NIL||4.68 %|
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
|0 - 500 sq ft||-||-||-|
|500 - 1,000 sq ft||RM 338 psf||-||-|
|1,000 - 1,500 sq ft||RM 391 psf||-||-|
|1,500 - 2,500 sq ft||RM 476 psf||-||-|
|2,500 - 4,000 sq ft||-||RM 772 psf||-|
|4,000 sq ft and above||-||RM 265 psf||-|
|Down Payment (10%)||RM 120,000|
|Loan Amount ( 90 %)||RM 1,080,000|
|Tenure Years||35 Years|
|Interest Amount||RM 1,080,000|
|Others (Estimation)||RM 10,000|
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