10 Island Resort, Batu Ferringhi

10 Island Resort is a freehold condominium & landed development that is located in Batu Ferringhi, Penang Island. There are 266 condominium units and 11 houses available at this property with built-up from 1,100 sf to 2,500 sf for condominium units and 4,050 sf for houses. It was developed by Ivory Properties Group Bhd with a launch price at about RM320 psf for condominium units, RM560 psf for houses, and was completed in around 2013.

Ivory Properties Group Bhd is a medium-scale property developer listed on Bursa Malaysia, and it has built about 17 property projects in Malaysia. Other similar projects by the same developer are Birch The Plaza, Birch The Regency, Moonlight Bay, Penang Times Square, Penang WorldCity, Tanjung Park, The Latitude, The Peak Residences, The View and University Place.

Property Type
Condominium & Landed
Land Tenure
Freehold
Built-up
1,100 sf - 2,500 sf (Condominium)
4,050 sf (House)
Market Price
RM670,000 - RM1,400,000 (Condominium)
RM2,920,000 (House)
Total Units
266 Condominiums & 11 Houses
Completion Date
2013
Launch Price
RM320 psf (Condominium)
RM560 psf (House)

This condominium & landed development is not very ideal for own stay or investment, because it has no amenities around.

The current rental yield of 10 Island Resort is 4.0% for condominium units and 3.2% for houses. The highest rental yield ever recorded was 5.08% in Q3 2014 (condominium) and 3.31% in Q4 2022 (house); while the lowest one was 2.56% in Q1 2021 (condominium) and 3.0% in Q2 2021 (house). Meanwhile, the most common unit layouts and sizes available here are as follows:

Condominium Layouts

The most popular layout and size (built-up) combination at 10 Island Resort for condominium units is 3-bedroom / 1,100 sf with a median price of RM610 psf. For price wise, the most expensive one is 3-bedroom / 1,100 sf with a median price of RM610 psf; while the cheapest one is 4-bedroom / 2,500 sf with a median price of RM560 psf.

House Layouts

Lastly, the most popular layout and size (built-up) combination at 10 island resort for houses is 4-bedroom / 4,050 sf with a median price of rm720 psf. For price wise, the most expensive one is 4-bedroom / 4,050 sf with a median price of RM720 psf; while the cheapest one is 4-bedroom / 4,050 sf with a median price of RM720 psf.

Latest 10 Island Resort sale listings:

DateProperty TypeBuilt-upPrice
11 Mar 2024Condominium1,100 sfRM600,000
9 Mar 2024Condominium1,100 sfRM729,000
9 Mar 2024Condominium1,100 sfRM600,000
7 Mar 2024Condominium1,250 sfRM650,000
6 Mar 2024Condominium1,100 sfRM600,000
29 Feb 2024Condominium1,100 sfRM750,000
28 Feb 2024Condominium1,100 sfRM740,000
22 Feb 2024Condominium1,250 sfRM780,000
16 Feb 2024Condominium1,050 sfRM1,008,000
8 Feb 2024Condominium1,100 sfRM729,000

Latest 10 Island Resort rental listings:

DateProperty TypeBuilt-upRental
14 Mar 2024Condominium1,100 sfRM2,000
12 Mar 2024Condominium1,100 sfRM2,000
10 Mar 2024Condominium1,250 sfRM2,500
9 Mar 2024Condominium1,100 sfRM2,000
8 Mar 2024Condominium1,100 sfRM2,000
4 Mar 2024Condominium2,400 sfRM4,000
28 Feb 2024Condominium1,250 sfRM2,800
22 Feb 2024Condominium1,100 sfRM2,000
22 Feb 2024Condominium1,100 sfRM1,900
19 Feb 2024Condominium1,100 sfRM1,900
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