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Continue Reading ⋅ 30 January 2023
Penang is rapidly growing as one of the major cities to look out for. From industrial and economical state growth to its irresistible natural beauty, the island is a major hotspot for new developments, much like The Marin at Batu Feringghi; a new star set to shine lavishly on the island’s map.
Sitting perched on a ridge above Batu Ferringhi, this luxury high-rise, low-density condominium is a new landmark on the infamous Batu Ferringhi scene, what with its long stretch of soft and white sandy beach and the refreshing breeze courtesy of the Andaman Sea. Set on over four acres of land, The Marin is a freehold development offering you lush greenery and an unobstructed first-class view of the Andaman Sea, all within the luxury of your very own home.
While its freehold status would certainly pique much interest, the sheer architectural genius behind its design is also a winning point for The Marin. The condominium is designed in such a way that each unit is oriented to a north-west direction, ensuring the finest sea view for property owners. You get this view for the price you pay. But work hard, play hard, eh?
The low-density development consists of two towers with a total of 149 units and spread across only four units per floor, meaning that you would enjoy a generous amount of living spaces. This proves to be a contradiction to modern living spaces design, a feat that is sure to give you a run for your money.
Property Project: The Marin at Ferringhi
Developer: Plenitude Bayu Sdn. Bhd.
Developer address: No. 505, Jalan Tanjung Bungah, Tanjung Bungah, 11200 Penang
Developer contact number: Tel :+604-881 1888
Website: http://www.plenitude.com.my
Location: Batu Ferringhi, Penang
Property Type: Condominium
Land title: Residential
Tenure: Freehold
Total Units: 149
Unit Per Floor: 4 Units
No. of blocks: 2
Built-up Area: 1,750 sq ft – 3,735 sq ft
Bedrooms: 3+1
Bathrooms: 3 and 4 (2 types)
Parking: 2 car park lots allocated per unit
Bumi Discount: 5%
Price: From RM1.5 mil onwards
Date of completion: December 2018 (expected)
About the Developer
The masterminds and craftsmen behind the splendour that is The Marin; Plenitude Bayu Sdn Bhd, is no small fry in the scene. The developer has been on the scene for over fifteen years, it was first incorporated in November 2000 before being publicly listed in the same year.
The development of The Marin only adds to its already concrete portfolio. Plenitude Bayu has an extensive profile in business ventures related to property. The developer has executed plenty of projects across the nation, some of the notable ones include the Taman Desa Tebrau Johor Bahru; 965 acres of contemporary, mixed-development township sitting within the Iskandar Development region. Within Penang itself, Plenitude Bayu has worked on the developments of 3-Storey Semi-Detached homes in Batu Ferringhi and the developer also owns 4 Points by Sheraton Penang.
Project Details
This two-tower development comprises 149 homes, with only 4 units allocated for each floor. As such, every unit is a corner one, allowing tenants to fully delight in their spacious sanctuaries.
The interiors are richly decorated with style du jour, bringing about a delicate yet sophisticated charm that are in tandem with the nature that surrounds the place.
The Marin features the following two residential units, each with their own panoramic view, whether it is the unhindered view of the Andaman sea at the front or the sublime tropical rainforest at the back.
- Type A (1850 sq ft, 3 + 1 bedrooms), sea view
- Type B (1750 sq ft, 3 + 1 bedrooms), forest view
Specifications:
Every unit comes with Bofi Kitchen Cabinets, Electrolux Kitchen Appliances, 4 units of air-conditioners as well as a hot water system and shower screens.
Facilities & Amenities:
A full-on panoramic view of the sea or the thicket isn’t the only thing that The Marin has to offer, because more than that, they have assigned an acre wholly dedicated to a facilities deck to meet your sporting, leisurely and recreational needs. In tune with their entire theme of being close to nature, this facilities deck isn’t short of foliage, which tastefully complements the entire place.
The Marin’s facilities floor features a fully-equipped gymnasium, a 40-meter infinity pool, a children’s playground, 2 tennis courts, a nursery, a games room, two multipurpose halls, an open plaza, a wading pool, a Jacuzzi, a sauna and a reflexology path.
Should the need for a bit of unwinding arise, the yoga deck, floating deck, open lawn, reading room and the reflective pond are at one’s disposal. Those looking to host gatherings or social events can do so at the barbecue corner, the lounge or even at the garden spaces.
Caption: Facilities include a fully-equipped gym, an infinity pool, yoga deck and so on and so forth. Source: themarin.com.my
All that luxury comes with a heavy dose of security for your comfort, as the management at The Marin regards tenant security as of paramount importance. Leave the beads of worry outside, expect uncompromised 3-level security system, utilising advanced access card system covering extensive areas especially those that are most crowded including the main gates, main lobby, the lift lobby and the car park lift.
That isn’t all to it either, each unit boasts a video intercom system that is connected directly to the guardhouse, keeping you close to security at all times. If that isn’t enough to put you at ease, two security guards are assigned to each block, 24/7. Rest easy.
Location
Aerial view of The Marin @ Ferringhi Source: themarin.com.my
Location is of utmost importance, and The Marin is definitely sitting on the right side of the island. It is only 16km away from the heart of Georgetown, accessible via Jalan Batu Feringghi which is connected to Jalan Tanjung Bungah and Jalan Teluk Bahang. It is also notable that The Marin sits close to two tourist hotspots; the Tropical Spice Garden and the Escape Theme Park.
Tropical Spice Garden – an 8-acre garden with over 500 tropical flora Source: www.tropicalspicegarden.com
Exciting rides and games set against a natural backdrop await you at Escape Theme Park Source: letsrestandrelaxinmalaysia.blogspot.com
If you’re on the lookout for a property that is close enough to have your family settled comfortably, The Marin is located strategically near to various schools within less than 10km. Your choices range from international schools such as Tenby International School and Dalat International School to national schools such as SK Teluk Bahang, SMK Teluk Bahang and SJKC Pai Cai.
Dalat International School, one of the schools located near The Marin Source: penangtrails.com.my
There are also plenty of medical facilities within the vicinity, rest assured that you would receive the finest treatments by the specialists from Adventist Hospital or the Tanjung Medical Centre in the event of a medical emergency. This prime location is also where some of Penang’s best shopping malls are at. You needn’t go too far for your designer fix as you’ve got Gurney Plaza and the Straits Quay Mall just around the corner.
Get your designer fix at Gurney Plaza Source: gurneyplaza.com.my
Analysis
| Name | Location | Tenure/ Land Title |
Average Price PSF | Maintenance Fee PSF | Approx. Price for Typical Unit |
| The Marin | Batu Ferringhi, Penang | Leasehold | RM814 | TBC | From RM1,554,000 onwards |
| Ferringhi Residence 2 | Batu Ferringhi, Penang | Leasehold | RM570 – 933 | RM0.30 | From RM719,816 – RM1,461,460 |
| 10 Island Resort | Batu Ferringhi, Penang | Leasehold | RM720 | RM1.60 | RM900,000 |
| Sea Range Tower | Batu Ferringhi, Penang | Leasehold | RM550 | RM3.60 | RM1,100,000 |
The Marin is an acclaimed development by Plenitude Berhad, a publicly listed company which specialises in property development, property investment and property management. Plenitude Berhad is credited with other township developments across Malaysia such as Taman Desa Tebrau in Johor Bahru, Taman Putra Prima in Puchong, Changkat View Condominium, The Residences at Changkat Kiara in Kuala Lumpur, Lot 88 Perdana Heights and Bandar Perdana in Sungai Petani, Kedah. Bayu Ferringhi Condominium and Semi-Detached in Penang.
With The Marin, the Group is setting a new standard in luxury living by carefully and sensitively balancing the beauty of its location with an uncompromising quality of build and line-up of facilities to deliver a whole new living experience.
Summary
In hindsight, The Marin has ticked off what many would call their home bucket-lists for the best island living. What most definitely catches the attention is the location. Its location easily puts The Marin up there with ideal places for more of a home-in-heaven feel, what with the lush tropical ridge and Batu Ferringhi’s white sands and blue seas. Just across the main road you’ll find Shangri-La Rasa Sayang Resort where sand and sun would call out to potential tenants.
The Marin also gives you easy access to all the good things while being exclusive (being a low-density freehold) and luxurious. Potential tenants would find that they would have all that they need right where they are (i.e the pools, spa, barbeque corner, gym, plaza) while simultaneously being close to nature. This place offers serenity, privacy and sustainability. The elements that make up The Marin give away the fact that it was well thought-out – from the unobstructed view of nature to the spacious living spaces and the facilities deck. Based on the developer’s comments, most of the units booked so far are by Western folks who are looking to obtain a beachfront holiday home.
Tourist attractions (Tropical Spice Garden and the Escape Theme Park) are not too far off, as are schools, food outlets and medical facilities. Easily accessible via Jalan Tanjung Bungah and Jalan Batu Ferringhi, The Marin is also approximately 45 minutes away from The Penang International Airport and 30 minutes away from the central business district of Georgetown. The famous Penang bridge? Just 45 minutes away.
If you’re a potential family-homeowner, an expatriate or a foreign investor, The Marin would be a brilliant choice for those looking for a nature-based residence with fantastic connectivity and convenience.
