is a new development located in Malaysia's famous tourist destination, Batu Ferringhi. Developed by the renowned multi-award winning Mah Sing Group, this freehold development comes in three different phases. Only phase one has been launched so far which offers Precinct 1 and Precinct 2. Precinct 1 comes with condo villa, meanwhile Precinct 2 offers resort condominium, town villas and hillside villas, which are yet to be launched. The entire project sits on a 61-acre land and were scheduled for completion by end of 2016. This development is expected to get a gross development value of RM826 million. The condo villa in Ferringhi Residence comes with built-up ranging between 1,510 sf to 1,752 sf. As for the layouts, Type A offers 2 units which has 1,510 sf or 1,656 sf built-up, with 3 + 1 bedrooms, while Type B is the ground floor unit which has 1,752 sf built-up with 3 + 1 bedrooms and a private garden. The condo villas offers a sum of 210 units in 20 five-storey buildings. Each block comes with 10 units, whereby each floor comes with only two units, which provides a semi-detached type of home. As for the resort condominium in Ferringhi Residence, it has a sum if 410 units offered with built-up ranging between 850 sf to 1,800 sf. A total of 80 town villas with 32 luxury hillside villas would also be offered when the Precinct 2 is launched. Besides, facilities such as 24-hour security, covered car park, jogging track, fitness corner, BBQ pits, pavilion, lap pool, clubhouse, gymnasium, swimming pool, cafe, multi-purpose hall, walking & cycling path, playground, as well as 6 articulated dreamscapes namely scent trail, paddy terrace, infinity pool, water lounges, flying carpets and eco streets are also provided for a serene living for the residents of Precinct 1. More facilities would be made available in the development of Precinct 2 later on.In terms of amenities, Ferringhi Residence is located merely 500 m away from Uplands International School; 1 km from Batu Ferringhi Beach and Holiday Inn Resort; 6 km from Tanjung Bungah; 13 km from Gurney Drive; 15 km from Georgetown; 25 km from Penang Bridge; 35 km away from Penang International Airport. This residence is also surrounded by other 5 star hotels namely Parkroyal Hotel, Lone Pine Resort, Golden Sands Resort, Rasa Sayang Resort & Spa, Hard Rock Hotel and Bayview Beach Resort.
Property Details Name: Ferringhi Residence Address: Off Jalan Sungai 1, 11100 Batu Ferringhi, Penang Developer: Mah Sing Group Completion Date: 2016 (estimate) Type: Condo Villa, Condominium, Town Villa & Hillside Villa Tenure: Freehold No. of Blocks Condo Villa: 20 No. of Storey Condo Villa: 5 No. of Units Condo Villa: 210 Resort Condominium: 410 Town Villas: 80 Hillside Villas: 32 Land Area: 61 acres Built-up Condo Villa: 1,510 - 1,752 sf Resort Condominium: 850 - 1,800 sf Launch Price: From RM600 psf
Layouts Condo Villa Type A (1,510 sf & 1,656 sf)
3+1 bedrooms Type B (1,752 sf)
3+1 bedrooms + private garden
Facilities 24-hour security Covered car park Jogging track Fitness corner BBQ pits Pavilion Lap pool Clubhouse Gymnasium Infinity pool Cafe Multi-purpose hall Walking & cycling path Playground 6 articulated dreamscapes
Ferringhi Residence was developed by the renowned Mah Sing Group, a firm which was commenced in 1965 as a plastic trading company. This firm ventured into property industry in early 1994 and had developed numerous iconic development across Malaysia and also several other countries. Among the firms development are Icon City, M City, Icon Residence @ Mont Kiara, Icon Residence @ Penang and D'Sara Sentral. Ferringhi Residence was launched earlier with launch price which begins from RM600 psf. The Precinct 1 which contains the condo villa are fully sold out within months after its launch and the Precinct 2 are expected to be successful as the first one. Investors should grab this property while it is still available as the strategic location of this place in Penang's famous tourist destination will give a high rental value for the property.