Off Jalan Sungai Satu, 11100 Batu Ferringhi, Penang
|Subsale Price||RM 1,200,000 - RM 1,780,000|
|Rental Price||RM 1,200 - RM 3,500|
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.
Incorporated since 1991 and listed on the Main Market of Bursa Malaysia, Mah Sing Group Berhad is Malaysia's leading property developer at the forefront of building quality homes and prime commercial projects in strategic locations.
Currently the Group has 44 projects spread throughout Malaysia's economic nexus and property hotspots, namely Kuala Lumpur and the Klang Valley, Johor Bahru (Iskandar Malaysia) and Penang Island (North Corridor Economic Region) and Kota Kinabalu, Sabah.
The Group has differentiated our product offerings to cater to property buyers in different market segments. The Legenda and Residence are niche projects in prime locations. Thoughtful details in both the interiors and exteriors of the homes are characteristics of these boutique developments. Smart home features enhance comfort and convenience, while state of the art security features ensure tranquility unperturbed by the outside world. Manicured landscaping and lush greenery creates a revitalizing ambience for wholesome living. These buyers are looking for an upgrade to suit the growing number of family members, as well as to enjoy a new premium lifestyle. The Perdana/M Residence township series are self contained yet easily accessible. Generous, well maintained central parks are community focal points.
Regardless of the product series, all our products carry hallmarks of innovative designs and quality finishes, majestic grand entrances, security, extensive landscaping and greenstreet concept. Emphasis is also placed on exemplary customer service as we believe in the creation of a conducive & safe living environment by providing and maintaining parks and facilities and in ensuring effective security. We will continue to build eco-sensitive and environmentally friendly developments so that our homebuyers can enjoy life amidst greenery, in harmony with nature.
The Group also has a strong commercial presence with Grade A buildings, integrated business parks and mixed commercial developments. The Group was amongst the pioneers of en-bloc sales of Grade A buildings and corporate offices in Kuala Lumpur Malaysia, a testimony to the product quality, branding and track record of the Group. Mah Sing Group has achieved more than 90 accolades and recognition for its corporate performance and products, and in certain cases, even sweeping awards off the international stage.
The Group's ultimate objective goes beyond just the structures that we build, they incorporate the communities that utilize them. Our commitment to build a strong bond with the community has led us to set up our charity arm, Mah Sing Foundation to aid and benefit the less privileged.
The Group's principal activity is in property development. Apart from the core business, the Group is also involved in plastic manufacturing and trading in Malaysia and Indonesia.
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||2.3 %|
|By The Sea||Apr 2015||
RM 1,500 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 1,300 - RM 1,300||RM 377,524 (RM 421 psf)||3.51 %|
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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