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Recently CompletedFreehold

Ferringhi Residence 2

by Mah Sing Group๐Ÿ“ Penang

From

RM789k

Price From

RM789k

Subsale Transaction Data

NAPIC

Official govt records for FERRINGHI RESIDENCE 2

Transactions

4

Median PSF

RM658

Latest

Nov 2025

View full transaction history
๐Ÿ“Š Property ReviewPowered by NAPIC + DOSM

Is Ferringhi Residence 2 worth buying?

Rental Yield

4โ€“6%

Monthly Loan

RM4.8k/mo

NP Score

8/10

Worth Considering

๐Ÿ”’Market Price Analysis โ€” is it fairly priced?
๐Ÿ”’Investment Analysis โ€” rental yield & capital growth
๐Ÿ”’Loan Eligibility โ€” salary needed to buy
๐Ÿ”’Area Profile โ€” DOSM income data
๐Ÿ”’Comparable Projects โ€” side-by-side comparison
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Project Details

Property Type

Condominium

Land Tenure

Freehold

Construction Status

Recently Completed

Bumi Discount

Not Available

Available Unit Types

Ferringhi Residence 2 Video Tour

Watch a video tour of Ferringhi Residence 2, Penang. Condominium by Mah Sing Group.

Video sourced from YouTube. Not affiliated with the developer.

More videos โ†’

Why Consider Ferringhi Residence 2?

Based on location data and market analysis

  • โœ“Located in Penang, Malaysia
  • โœ“Freehold title property
  • โœ“By Mah Sing Group โ€” verified developer on NewProjek
  • โœ“Condominium development

Investment Snapshot

Based on NAPIC data for Penang

Est. Monthly Rental

RM2,800โ€“3,800

Based on similar properties in Penang

Gross Rental Yield

4.5%โ€“5.5%

Annual rental / property price

Airbnb Estimate ๐Ÿ 

RM4,200/mo

RM185/night ร— 76% occupancy ยท 6.4% gross yield

See Airbnb guide โ†’

Area Price Trend

+10.6%

NAPIC data 2021โ€“2025

Price-to-Income

10.1x income

Lower = more affordable (avg 6.8x)

Estimates based on NAPIC transaction data for similar properties in Penang (2021โ€“2025). Not financial advice.

See full area analysis โ†’

Check subsale transaction history

Browse real NAPIC transaction prices for nearby properties

Frequently Asked Questions

What is the price of Ferringhi Residence 2?โ–ผ

Ferringhi Residence 2 starts from RM789k. Contact the developer directly on NewProjek for the latest pricing.

Where is Ferringhi Residence 2 located?โ–ผ

Ferringhi Residence 2 is located in Penang, Malaysia.

Who is the developer of Ferringhi Residence 2?โ–ผ

Ferringhi Residence 2 is developed by Mah Sing Group. They are a verified developer on NewProjek.

What type of property is Ferringhi Residence 2?โ–ผ

Ferringhi Residence 2 is a Condominium development with Freehold tenure.

What is the construction status of Ferringhi Residence 2?โ–ผ

Ferringhi Residence 2 is currently Recently Completed.

โœ“ Recently Completed Project

Looking to buy or rent Ferringhi Residence 2?

This project is newly completed. Browse subsale transactions, current listings, and market data below.

๐Ÿ“Š View NAPIC Transaction History (4 txns)๐Ÿ  Find Subsale Listings on PropertyGuruOr search rentals โ†’

Still want to contact the developer? (e.g., for clubhouse access, complaints, second-phase info)

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Mah Sing Group

Mah Sing Group

โœ“ Verified Developer

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Quick Info

TypeCondominium
TenureFreehold

Estimate Your Monthly Repayment

Based on starting price from RM 788,584

Property PriceRM 788,584
Down Payment10% (RM 78,858)
Loan Tenure30 years
Interest Rate4.5% p.a.

Estimated Monthly Repayment

RM 3,596/mo

Loan: RM 709,726Interest: RM 584,862
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