The Reef, Batu Ferringhi

The Reef is a freehold apartment located in Batu Ferringhi, Penang. There are 200 units available at this project with built-up from 850 sf to 1,050 sf. Other neighbouring projects around here are 1 Island Resort, Aquarius, Botany Bay, Coastal Towers, Mar Vista, Marina Tower, Miami Green, Sea Range Tower, Sea View Garden and Twin Towers.

Property Type
Apartment
Land Tenure
Freehold
Built-up
850 sf - 1,050 sf
Market Price
RM370,000 - RM480,000
Density
200 Units
Completed In
1987
Developer
-NA-
Launch Price
-NA-

This apartment is not very ideal for own stay or investment, because it has no amenities nearby.

The current rental yield of The Reef is around 4.0%, compared to 4.09% a year ago in Q1 2019. The highest rental yield ever recorded was 7.89% in Q4 2011; while the lowest one was 2.65% in Q3 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at The Reef is 2-bedroom / 1,050 sf with a median price of RM460 psf. For price wise, the most expensive one is 2-bedroom / 1,050 sf with a median price of RM460 psf; while the cheapest one is 2-bedroom / 850 sf with a median price of RM430 psf.

Latest The Reef for sale listings:

DateTypeBuilt-upPrice
22 Oct 2020Low-Cost Flat1,040 sfRM450,000
13 Oct 2020Condominium1,020 sfRM480,000
12 Oct 2020Condominium1,100 sfRM488,000
9 Oct 2020Condominium1,030 sfRM435,000
9 Oct 2020Condominium1,020 sfRM480,000
3 Oct 2020Condominium1,040 sfRM470,000
2 Oct 2020Condominium1,040 sfRM470,000
28 Sep 2020Condominium1,040 sfRM420,000
24 Sep 2020Condominium1,020 sfRM480,000
24 Sep 2020Condominium1,050 sfRM595,000

Latest The Reef for rent listings:

DateTypeBuilt-upRental
8 Oct 2020Condominium970 sfRM1,600
7 Oct 2020Condominium1,088 sfRM1,800
29 Sep 2020Condominium1,000 sfRM1,200
28 Sep 2020Condominium970 sfRM1,600
26 Sep 2020Condominium1,050 sfRM1,100
18 Sep 2020Condominium1,100 sfRM1,400
17 Sep 2020Condominium1,090 sfRM1,650
2 Sep 2020Condominium1,088 sfRM1,750
1 Sep 2020Low-Cost Flat1,050 sfRM1,100
31 Aug 2020Condominium850 sfRM1,350
1 user comments on The Reef
via
Google
2 May 2019 @ 12:00 AM

Older building with beautiful sunset views, walking distance from the beach, has little pool, older gym, squash court and table tennis table in the building, 24/7 security and underground parking. A quiet and peaceful place surrounded by big trees.