Feringghi Villas is a deluxe collection of 2.5-storey villas located slightly beyond the tourist crowd of Batu Feringghi and further on towards Teluk Bahang. The gated freehold development, completed in 2007, is a walking distance from the beach. It consists of several different 4-bedroom and 3-bathroom sea view villa designs, each with generous plot sizes of 3,000 sf onwards.
Dwellers can be assured of safety as Feringghi Villas is guarded by a 24-hour security system. Of course, the tropical resort-like development also would not be complete without a clubhouse, which offers facilities like a swimming pool, wading pool, tennis court, gym room and jogging paths. Landscaped gardens cover quite an extensive area of the development, adding to its tranquil atmosphere.
The Feringghi Villas development is only accessible via the winding coastal road leading from George Town and other towns like Tanjung Bungah and Tanjung Tokong, Jalan Batu Feringghi, or from the other side of the island, Balik Pulau through Jalan Teluk Bahang. Thus, traffic can be slow-moving during the evening peak hours as well as on weekends and public holidays.
On the other hand, the immense popularity of the Batu Feringghi area points to the abundance of hotels, shops, tourist destinations and eateries here. This possibly indicates good rental rates as vacation homes, which also means that the Feringghi Villas can be considered for investment purposes. For families who are living here long-term, a private international school, Uplands School, is located just 2km from the property.
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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 Villas | Apr 2007 |
RM1,280,000
-
RM2,600,000
RM 426 psf - RM 823 psf |
RM2,800 - RM2,800 | NIL | 3.65 % |
| By The Sea | Apr 2015 |
RM1,380,000
-
RM2,400,000
RM 881 psf - RM 2,026 psf |
RM5,000 - RM5,000 | NIL | 4.09 % |
| La Ferringhi | Feb 2014 | RM1,450,000 - RM1,600,000 | NIL | NIL | NIL |
| Pinang Emas Flat | 2005 |
RM125,000
-
RM185,000
RM 223 psf - RM 330 psf |
RM560 - RM560 | NIL | 4.61 % |
| Eden Seaview | 2000 |
RM267,000
-
RM750,000
RM 269 psf - RM 564 psf |
RM900 - RM900 | NIL | 2.71 % |
| Ferringhi Delima Condominiums | 1999 |
RM285,000
-
RM350,000
RM 407 psf - RM 486 psf |
RM800 - RM800 | NIL | 3.69 % |
| Mahligai Baiduri | 1997 | From RM1,200,000 | NIL | NIL | NIL |
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 | RM 324 psf | - | - |
| 1,000 - 1,500 SQ. FT | RM 303 psf | - | - |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | - | RM 1,490,000 psf | - |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 140,000 |
| Loan Amount ( 90 %) | RM 1,260,000 |
| 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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