Ferringhi Residence 2

Nestled between the sea and hills in the popular Batu Ferringhi area in Penang, the Ferringhi Residence 2 is a freehold condominium developed by Mah Sing Group. The high-end development consists of three towers with varying densities: four-storey Tower A, ten-storey Tower B and 32-storey Tower C. Touted as a resort-styled development where tropical-themed facilities meet cosy living spaces, the units in Ferringhi Residence 2 have spectacular sea views and serene mountain views to boast about. The generous areas for recreation coupled with facilities such as a barbeque area, swimming pool, sauna and jacuzzi add to the feeling of living in a resort. The unique aspect of this project is the varying heights of the tree towers, each offering its own distinctive ambiance. With built-ups between 1,208 to 1,565 sq ft, the three types of layouts can cater to different needs and lifestyles. With an open-plan layout and wide glass doors that open out to the balcony, the units are designed to maximize natural sunlight and emphasise the breathtaking views. The ten-storey Tower A has 124 units, 32-storey Tower B has 478 units while four-storey Tower C has 30 units. Each unit comes with two car parks. As of now, Tower B has been completed and there are three different layouts to choose from, either with a sea view or mountain view. : 1,494 sq ft, 3 bedrooms, 3 bathrooms : 1,565 sq ft, 3+1 bedrooms, 4 bathrooms : 1,208 sq ft, 2 bedrooms, 2 bathrooms The meticulous landscaping of the development emphasises the resort-style living. Areas of open space and a viewing deck makes for a relaxed environment. Little ones can have fun at the children’s playground or splash around in the wading pool. Project brochure can be found here. As expected of a high-end development, the Ferringhi Residence 2 is matched with 24-hour security. Whether you are a fitness enthusiast or just prefer laid-back activities, the facilities available for residents cater to various needs: Gymnasium Outdoor gym Tennis court Badminton court Swimming pool Sauna Jacuzzi Barbeque area Multi-purpose hall The Ferringhi Residence 2 development is accessible via Jalan Batu Ferringhi, within the vicinity of the Batu Ferringhi tourist area where hotels such as Shangri-La Golden Sands, Lone Pine, Holiday Inn Resort and Parkroyal Penang are located. George Town is about 12km away and there is a Rapid Penang bus that will get you to the city. Its location further away from the sea shore offers the advantage of having more privacy and tranquility while being near enough (a five-minute drive) to a wide range of food and retail in the bustling tourist area. There are three schools within a 500-m radius of Ferringhi Residence 2 – SK Batu Ferringhi, SJKC Pai Chai and The International School of Penang. Medical Centres Most of the hospitals in Penang such as the Penang General Hospital, Island Hospital, and Penang Adventist Hospital are located in the George Town area, about 30-40 minutes by car. Being near the tourist hotspot of Batu Ferringhi, there is no shortage of shops in this area. The Batu Ferringhi night market and Ferringhi Walk beachfront mall is located in this area. There is also a commercial area on Jalan Sungai Emas, and the Eden Parade commercial complex has retail stores that cater to the needs of the community. As with the retail offerings, the Batu Ferringhi area is not short on restaurants, cafes, and stalls featuring local fare. The Eden Parade complex and the surrounding commercial area also has a variety of restaurants, cafes, food court and fast-food outlets. Considering the relative size of Penang island, many places are accessible within an hour’s drive. If you like the outdoors or just want to escape the busy Batu Ferringhi, you can drive over to Teluk Bahang where there are many options for leisure activities including the Escape Penang theme park, Tropical Spice Garden and Entopia by Penang Butterfly Farm. Listed on Bursa Malaysia in 1992 through its plastic manufacturing arm, Mah Sing ventured into property development in 1994 and was then reclassified from industrial to the property sector. It successfully built a strong presence in the property sector, with high-rise residences, townships, offices, retail spaces and industrial projects. The Group is known for its fast turnaround business model which enables it to swiftly progress across projects – from land acquisition, development, completion and handover to customers. Mah Sing boasts a portfolio of 58 projects spanning a total landbank of 5,341 acres, with a substantial gross development value of RM58.6 billion as at May 2024. Mah Sing's commitment to environmental, social, and governance (ESG) principles has earned it a place in the FTSE4Good Bursa Malaysia Sustainability Index since June 2021, reflecting its dedication to responsible corporate practices. Type A units (1,494 sq ft, 3 bedrooms) start at RM1,315,800, Type B (1,565 sq ft, 3+1 bedrooms) start at RM1,428,800 and Type E units (1,208 sq ft, 2 bedrooms) start at RM1,064,800. Check out Feringghi Residence 2 listings for sale. Without a doubt, Batu Ferringhi is quite a sought-after residential area in Penang and has seen a growth of high-end condominiums. Due to its popularity with tourists, the area can get quite congested, especially during weekends and school holidays. Due to its location further into the hillside, Ferringhi Residence 2 offers a more tranquil living environment away from the main bustle of the touristy parts of Batu Ferringhi. Other developments in the same vicinity include Ceria Residensi and Eden Fairway Condominium. Rental returns for this property currently stand between RM1,600 and RM4,500 per month, so there is potential an investment property. Check out Feringghi Residence 2 listings for rental.