Moonlight Bay, Batu Ferringhi

Moonlight Bay is a freehold condominium & landed development located in Batu Ferringhi, Penang Island. There are 20 condominium units and 70 houses available at this project with built-up from 2,100 sf to 4,000 sf for condominium units and 4,000 sf to 5,000 sf for houses. It was developed by Ivory Properties Group Bhd with a launch price of around RM670 psf for condominium units, and was completed about Oct 2010.

Ivory Properties Group Bhd is a mid-sized real estate company listed on KLSE, and it has undertaken around 17 real estate projects in Malaysia. Other similar projects by the same developer are 10 Island Resort, Birch The Plaza, Birch The Regency, City Residence, Penang Times Square, Penang WorldCity, Tanjung Park, The Latitude, The Peak Residences and University Place.

Property Type
Condominium & Landed
Land Tenure
Freehold
Built-up
2,100 sf - 4,000 sf (Condominium)
4,000 sf - 5,000 sf (House)
Market Price
RM1,390,000 - RM2,000,000 (Condominium)
RM2,640,000 - RM5,500,000 (House)
Density
20 Condominiums & 70 Landed Houses
Completed In
Oct 2010
Launch Price
RM670 psf (Condominium)

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

The current rental yield of Moonlight Bay is 2.4% for condominium units and 2.24% for houses. The highest rental yield ever recorded was 7.22% in Q4 2013 (condominium) and 4.0% in Q2 2015 (house); while the lowest one was 2.09% in Q2 2021 (condominium) and 1.61% in Q3 2020 (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 Moonlight Bay for condominium units is 3-bedroom / 2,200 sf with a median price of RM630 psf. For price wise, the most expensive one is 3-bedroom / 2,100 sf with a median price of RM900 psf; while the cheapest one is 5-bedroom / 4,000 sf with a median price of RM500 psf.

House Layouts

Lastly, the most popular layout and size (built-up) combination at Moonlight Bay for houses is 4-bedroom / 4,800 sf with a median price of RM830 psf. For price wise, the most expensive one is 6-bedroom / 5,000 sf with a median price of RM1,100 psf; while the cheapest one is 5-bedroom / 5,000 sf with a median price of RM570 psf.

Latest Moonlight Bay for sale listings:

DateTypeBuilt-upPrice
25 Nov 2021Bungalow4,000 sfRM2,800,000
25 Nov 2021Bungalow4,000 sfRM2,800,000
26 Nov 2021Bungalow4,500 sfRM2,800,000
26 Nov 2021Condominium4,600 sfRM3,800,000
25 Nov 2021Condominium4,500 sfRM2,000,000
25 Nov 2021Condominium4,500 sfRM2,000,000
22 Nov 2021Bungalow3,600 sfRM3,700,000
22 Nov 2021Condominium4,500 sfRM2,000,000
22 Nov 2021Condominium4,500 sfRM2,000,000
16 Nov 2021Bungalow5,000 sfRM3,000,000

Latest Moonlight Bay for rent listings:

DateTypeBuilt-upRental
3 Dec 2021Condominium2,200 sfRM4,200
3 Dec 2021Condominium2,200 sfRM4,000
2 Dec 2021Condominium2,100 sfRM4,000
22 Nov 2021Bungalow3,600 sfRM6,500
3 Nov 2021Condominium2,200 sfRM4,000
15 Oct 2021Bungalow4,000 sfRM9,500
7 Oct 2021Condominium2,200 sfRM4,000
30 Jul 2021Condominium2,200 sfRM4,200
27 Jul 2021Condominium2,100 sfRM4,900
14 Jul 2021Bungalow4,000 sfRM8,000
0 user comments on Moonlight Bay