Ferringhi Residence 2 @ Batu Ferringhi, Georgetown, Penang
From
RM789k
Price From
RM789k
Built-Up
1,208 sqft
Price Insights
Developer Asking Price
RM653/sqft
Based on RM789k ÷ 1,208 sqft
Penang Market Range
RM400–700/sqft
Q3 2025 median (high-rise residential)
Based on Batu Ferringhi, Penang market data, similar properties transact at RM400–RM700 psf. This project is priced within the market range for the area.
Subsale Transaction Data
VerifiedOfficial govt records for FERRINGHI RESIDENCE 2
Transactions
4
Median PSF
RM658
Latest
Nov 2025
Ferringhi Residence 2 @ Batu Ferringhi, Georgetown, Penang Review — Worth Buying?
NP Score
6/10
Moderate
Asking PSF
RM653
per sqft
Batu Ferringhi Median
RM658
verified PSF
Price check: Priced at RM653/sqft — at or below the Batu Ferringhi median of RM658/sqft.
The case for buying
- Beachfront location in iconic Batu Ferringhi tourist destination
- Freehold tenure ensures long-term property ownership security
- Affordable pricing at RM789k for coastal living
- Close to Georgetown UNESCO site and amenities
- Strong rental yield potential from tourism demand
The honest verdict
Value & Pricing
Unit pricing from RM789,000 is positioned at mid-range for beachfront/near-beachfront properties in Batu Ferringhi; represents competitive positioning relative to comparable freehold condominiums in the area, though final value proposition depends on unit size and finishes.
Location & Connectivity
Prime seafront locality in established Batu Ferringhi offers strong tourism and leisure appeal with direct beach access; however, absence of MRT connectivity necessitates reliance on personal transport or taxi services, limiting mobility advantages compared to urban KL/Selangor developments.
Risk & Timing
Unspecified completion timeline presents execution risk and delays in obtaining vacant possession; further due diligence required on developer track record and project funding; tourism-dependent area may experience cyclical demand fluctuations affecting rental yield potential.
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Project Details
Property Type
Condominium
Land Tenure
Freehold
Construction Status
Recently Completed
Bumi Discount
Not Available
Ferringhi Residence 2 @ Batu Ferringhi, Georgetown, Penang Video Tour
Watch a video tour of Ferringhi Residence 2 @ Batu Ferringhi, Georgetown, Penang in Batu Ferringhi, Penang. Condominium by Developer.
Video sourced from YouTube. Not affiliated with the developer.
More videos →Why Consider Ferringhi Residence 2 @ Batu Ferringhi, Georgetown, Penang?
Based on location data and market analysis
- ✓Located in Batu Ferringhi, Penang
- ✓Freehold title property
- ✓By Developer — verified developer on NewProjek
- ✓Condominium development
Investment Snapshot
Based on verified transaction data for Penang
Est. Monthly Rental
RM2,800–3,800
Based on similar properties in Penang
Gross Rental Yield
4.5%–5.5%
Annual rental / property price
Airbnb Estimate
RM4,200/mo
RM185/night × 76% occupancy · 6.4% gross yield
Area Price Trend
+10.6%
Verified sold prices 2021–2025
Price-to-Income
10.1x income
Lower = more affordable (avg 6.8x)
Estimates based on verified transaction data for similar properties in Penang (2021–2025). Not financial advice.
See full area analysis →Check subsale transaction history in Batu Ferringhi
Browse real verified transaction prices for nearby properties
What's Nearby
To see estimated commute time
Powered by Google Maps · Walking times are estimates only
Mortgage Calculator
Est. monthly repayment
RM 3,598/mo
Based on 10% down, 30yr tenure at 4.5% p.a.
Upfront costs
Frequently Asked Questions
What is the price of Ferringhi Residence 2 @ Batu Ferringhi, Georgetown, Penang?▼
Ferringhi Residence 2 @ Batu Ferringhi, Georgetown, Penang starts from RM789k. Contact the developer directly on NewProjek for the latest pricing.
Where is Ferringhi Residence 2 @ Batu Ferringhi, Georgetown, Penang located?▼
Ferringhi Residence 2 @ Batu Ferringhi, Georgetown, Penang is located in Batu Ferringhi, Penang, Malaysia.
Who is the developer of Ferringhi Residence 2 @ Batu Ferringhi, Georgetown, Penang?▼
Ferringhi Residence 2 @ Batu Ferringhi, Georgetown, Penang is developed by Developer.
What type of property is Ferringhi Residence 2 @ Batu Ferringhi, Georgetown, Penang?▼
Ferringhi Residence 2 @ Batu Ferringhi, Georgetown, Penang is a Condominium development with Freehold tenure.
What is the construction status of Ferringhi Residence 2 @ Batu Ferringhi, Georgetown, Penang?▼
Ferringhi Residence 2 @ Batu Ferringhi, Georgetown, Penang is currently Recently Completed.
Berapa harga Ferringhi Residence 2 @ Batu Ferringhi, Georgetown, Penang?▼
Ferringhi Residence 2 @ Batu Ferringhi, Georgetown, Penang dijual bermula dari RM789k. Hubungi pemaju terus melalui NewProjek untuk senarai harga terkini.
Looking to buy or rent Ferringhi Residence 2 @ Batu Ferringhi, Georgetown, Penang?
This project is newly completed. Browse subsale transactions, current listings, and market data below.
View Transaction History (4 txns)Find Subsale ListingsOr search rentals →Still want to contact the developer? (e.g., for clubhouse access, complaints, second-phase info)
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Verified Transaction Data
What do units here actually sell for?
Real stamped SPA prices — not asking prices. From RM69.90.
View 4 Transactions →