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 - RM490,000
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 2.86%, compared to 3.91% 2 years ago in Q4 2018. 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 RM470 psf. For price wise, the most expensive one is 2-bedroom / 1,050 sf with a median price of RM470 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
4 May 2020Condominium1,044 sfRM460,000
22 Apr 2020Condominium950 sfRM380,000
20 Apr 2020Condominium1,088 sfRM480,000
26 Mar 2020Condominium1,030 sfRM430,000
14 Mar 2020Condominium850 sfRM365,000
13 Mar 2020Condominium1,098 sfRM520,000
23 Feb 2020Condominium1,050 sfRM595,000
23 Feb 2020Condominium1,050 sfRM480,000
11 Feb 2020Condominium1,030 sfRM440,000
4 Feb 2020Condominium1,030 sfRM440,000

Latest The Reef for rent listings:

DateTypeBuilt-upRental
24 May 2020Condominium1,050 sfRM1,200
10 May 2020Condominium1,100 sfRM1,400
16 Apr 2020Condominium1,050 sfRM1,500
8 Apr 2020Condominium1,098 sfRM1,300
16 Mar 2020Condominium1,100 sfRM1,400
16 Mar 2020Condominium1,050 sfRM1,300
12 Mar 2020Condominium-NA-RM1,800
12 Mar 2020Condominium1,088 sfRM1,300
15 Mar 2020Condominium1,044 sfRM1,000
9 Mar 2020Condominium1,050 sfRM1,500
1 user comments on The Reef
via
Google Reviews
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.