Ferringhi Residence 2, Batu Ferringhi

Ferringhi Residence 2 (also known as Ferringhi Residence II) is a freehold condominium located in Batu Ferringhi, Penang Island. There are 632 units available at this project with built-up from 1,208 sf to 1,565 sf. It was developed by Mah Sing Group Bhd with a launch price at around RM800 psf, and was completed in about 2020.

Mah Sing Group Bhd is a very large-sized real estate company listed on KLSE, and it has constructed around 87 real estate projects in Malaysia. Other similar projects by the same developer are Austin Suites, Cerrado, Ferringhi Residence, Icon Residence, Icon Residenz, M Suites, Meridin Suites, Oxford Tower, Pangsapuri Setia Impian and Residensi Seri Wahyu.

Property Type
Condominium
Land Tenure
Freehold
Built-up
1,208 sf - 1,565 sf
Market Price
RM670,000 - RM1,080,000
Density
632 Units
Completed In
2020
Launch Price
About RM800 psf

This condominium has some amenities nearby, for example schools and hospitals. The following are some main schools here:

The current rental yield of Ferringhi Residence 2 is around 3.6%. The highest rental yield ever recorded was 3.6% in Q4 2021; while the lowest one was 3.05% in Q3 2021. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Ferringhi Residence 2 is 3-bedroom / 1,494 sf with a median price of RM450 psf. For price wise, the most expensive one is 2-bedroom / 1,208 sf with a median price of RM830 psf; while the cheapest one is 3-bedroom / 1,494 sf with a median price of RM450 psf.

Latest Ferringhi Residence 2 for sale listings:

DateTypeBuilt-upPrice
13 Dec 2021Condominium1,490 sfRM785,750
9 Dec 2021Condominium1,494 sfRM656,800
9 Dec 2021Condominium1,400 sfRM788,000
7 Dec 2021Condominium1,400 sfRM788,000
7 Dec 2021Condominium1,494 sfRM656,800
3 Dec 2021Condominium1,494 sfRM656,800
30 Nov 2021Condominium1,494 sfRM656,800
30 Nov 2021Condominium1,494 sfRM656,800
27 Nov 2021Condominium1,493 sfRM650,000
24 Nov 2021Condominium1,494 sfRM657,000

Latest Ferringhi Residence 2 for rent listings:

DateTypeBuilt-upRental
14 Dec 2021Condominium1,208 sfRM2,600
14 Dec 2021Condominium1,208 sfRM2,650
29 Nov 2021Condominium1,565 sfRM3,200
25 Nov 2021Condominium1,494 sfRM2,800
27 Oct 2021Condominium1,494 sfRM2,000
18 May 2021Condominium1,494 sfRM2,100
13 May 2021Condominium1,494 sfRM2,000
16 Apr 2021Condominium1,494 sfRM2,000
16 Apr 2021Condominium1,494 sfRM2,000
28 Mar 2021Condominium1,500 sfRM2,800
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