The Reef, Batu Ferringhi

The Reef is a freehold condominium located in Batu Ferringhi, Penang. There are 200 units available at this project with built-up from 1,000 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
Condominium
Land Tenure
Freehold
Built-up
1,000 sf - 1,050 sf
Market Price
RM440,000 - RM540,000
Density
200 Units
Completed In
1987
Developer
-NA-
Launch Price
-NA-

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

The current rental yield of The Reef is around 3.08%, compared to 3.75% a year ago in Q3 2020. 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 RM430 psf. For price wise, the most expensive one is 3-bedroom / 1,030 sf with a median price of RM520 psf; while the cheapest one is 2-bedroom / 1,020 sf with a median price of RM430 psf.

Latest The Reef for sale listings:

DateTypeBuilt-upPrice
22 Nov 2021Condominium1,050 sfRM450,000
22 Nov 2021Condominium1,200 sfRM690,000
22 Nov 2021Condominium1,050 sfRM450,000
19 Nov 2021Condominium990 sfRM490,000
15 Nov 2021Condominium1,030 sfRM410,000
14 Nov 2021Condominium1,050 sfRM460,000
13 Nov 2021Condominium1,050 sfRM545,000
29 Oct 2021Condominium1,030 sfRM430,000
21 Oct 2021Condominium1,500 sfRM520,000
19 Oct 2021Condominium1,100 sfRM500,000

Latest The Reef for rent listings:

DateTypeBuilt-upRental
23 Oct 2021Condominium1,050 sfRM1,200
25 Sep 2021Condominium1,088 sfRM1,800
10 Aug 2021Condominium1,040 sfRM1,300
13 Jul 2021Condominium970 sfRM1,600
7 Jul 2021Condominium2,000 sfRM3,500
4 Jul 2021Condominium1,088 sfRM1,800
29 Jun 2021Condominium1,088 sfRM1,800
31 May 2021Condominium1,050 sfRM1,499
13 May 2021Condominium1,050 sfRM2,000
27 Apr 2021Condominium1,200 sfRM1,650
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.