Pearl Residences, Batu Ferringhi
Pearl Residences is a freehold landed housing estate located in Batu Ferringhi, Penang Island. There are 36 units available at this project with built-up from 3,071 sf to 3,360 sf. It was developed by Seni Bahagia Sdn Bhd with a launch price at around RM450 psf, and was completed in about 2017. Seni Bahagia Sdn Bhd is a small real estate organization held privately, and it has constructed only this project in Malaysia.
This landed housing estate has some amenities nearby, for example schools and hospitals. The following are some main schools here:
- SJK (C) Pai Chai
- SK Batu Ferringhi
- SRJK (C) Pai Chai
- Shree Uttam Balhit Basic School
- The International School Of Penang (Uplands)
The current rental yield of Pearl Residences is around 1.98%, compared to 2.62% a year ago in Q3 2020. The highest rental yield ever recorded was 3.3% in Q2 2020; while the lowest one was 1.98% in Q4 2021. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Pearl Residences is 5-bedroom / 3,095 sf with a median price of RM740 psf. For price wise, the most expensive one is 5-bedroom / 3,360 sf with a median price of RM850 psf; while the cheapest one is 4-bedroom / 3,071 sf with a median price of RM720 psf.
Latest Pearl Residences for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 31 May 2022 | Semi-Detached | 3,071 sf | RM2,800,000 |
| 10 Dec 2021 | Semi-Detached | 3,300 sf | RM2,600,000 |
| 22 Sep 2021 | Semi-Detached | 3,095 sf | RM2,300,000 |
| 16 Jul 2021 | Semi-Detached | 3,095 sf | RM1,900,000 |
| 24 May 2021 | Semi-Detached | 3,351 sf | RM2,150,000 |
| 28 Apr 2021 | Semi-Detached | 3,095 sf | RM2,100,000 |
| 28 Apr 2021 | Semi-Detached | 3,095 sf | RM1,900,000 |
| 23 Apr 2021 | Semi-Detached | 3,095 sf | RM2,300,000 |
There are quite a number of the units here that are rented out as short stay homes. The peaceful nights of the residents here are occasionally disturbed by them.