fbpx

Ferringhi Residence 2

November 25th, 2015 Leave a comment

ferringhi-residence-2

Ferringhi Residence 2, the second phase of residential development by Mah Sing Group in Batu Ferringhi, Penang. Strategically located just a stone’s throw away from the famous tourist belt of Batu Ferringhi beach. It comprises low-rise condo villas and high-rise resort condos with built-up area ranging from 1,208 to 1,565 sq ft.

This development will offer 632 units in three blocks of 4, 10 and 32 storeys. Facilities include a multipurpose hall, gym, tennis court, infinity pool, barbecue area and playground. In addition, there will also be a man-made pond.

Project Name : Ferringhi Residence 2
Location : Batu Ferringhi, Penang
Property Type : Condominium
Total Units : 632
Built-Up Area : 1,208 sq.ft. – 1,565 sq.ft.
Tenure: Freehold
Estimated Completion: 2020
Developer: Mah Sing Group

Register your interest here

*By submitting this Form, you hereby agree to our PDPA Consent Clause.
(This information may be used by the developer or their appointed agent to initiate follow-up communications with you on the project.)

Location Map:

 

 

Categories: Batu Ferringhi Tags: ,
  1. TLB
    July 25th, 2016 at 11:03 | #1

    read https://www.penangpropertytalk.com/2016/07/rm4bil-in-projects-lined-up-for-penang-this-year/#respond

  2. Izrail
    August 22nd, 2016 at 17:03 | #2

    I’m curious with the lack of comment here. Is the project not attractive to potential home buyers? Is there something wrong with this project?

  3. Ryu
    August 22nd, 2016 at 20:51 | #3

    This project is far far away from town area. Even for a person like me stay in Penang island, I seldom go to Batu ferringhi. With 700k pricing, we got a lot of choices like Setia Ville, Triuni Residences, Queensbay Ideal’s Project which is easier to rent and higher investment value and also better homestay for buyers. Furthermore, now market is not stable and lack of high net worth people. 1st home buyer also source for house near to their work place (i.e. Town area or factory area) and also within their budget like 400k or below.

  4. Alan
    August 23rd, 2016 at 04:11 | #4

    20 minutes drive to straits quay and gurney drive far? You never been to a big city I think…

  5. dick
    August 23rd, 2016 at 07:35 | #5

    @Alan

    This 20 mins drive to straits quay and gurney drive is a very difficult drive. Sometimes when a bus breaks down or a falling tree branch blocking the road, you will be stuck in a jam for hours. Of course, you can say again that “you’ve never seen a big city jam I think”, but you have to realise that there a plenty of choices in areas where you don’t have to suffer this way. So the main thing is, whenever a buyer or tenant is hunting for a property and they make comparisons, and finally most of them would decide AGAINST staying in Batu Feringghi.

  6. water fish
    August 23rd, 2016 at 07:40 | #6

    Actually this is best project for invest, u can easily sell 1mil to ang mo foreigner as MM2, and ez rent out to them with higher rental, because u seldom go there u dont know there is many ang mo bought for retire, batu ferringhi is ang mo town, u only aim local factory buyer where can gt high rental and sell with higher price? u can see alot project with rental around 1.5k only where can cover installment.

  7. dick
    August 23rd, 2016 at 12:40 | #7

    @water fish

    MM2H ang moh can buy anything above 500k, not 1 mil. No wonder you’re a water fish.

  8. Ryu
    August 23rd, 2016 at 12:56 | #8

    Batu Feringghi to Strait quay 20 minutes drive? Lamborghini also cannot drive so fast in mountain road. I use Penang Map to check, it takes about 33 minutes to reach Strait Quay and 37 minutes to reach Gurney Plaza without traffic. Those rich foreigners already bought shorefront, Setia V Residences or Alila 2 for their homestay.

  9. Cory
    August 30th, 2016 at 22:20 | #9

    Guys , if you stay in Penang island for a long period , you should know our Penang State Government’s paired road project. The new constructed road will directly lead you to Tar College. Investors will know which place is the best for investment.
    Don’t simply differentiate the property among Batu Ferringhi and Gurney area. If Gurney drive has a new project selling at PSF RM600 then Im. sure that you won’t stay a chance to own one of it.
    Please don’t judge any project in Penang Island . Limited land in this island . Even Balik Pulau still lots of investors.

  10. Tan
    September 18th, 2016 at 12:44 | #10

    I am staying in FR. The problem we have is with Mahsing. Tan Sri Leong from Mahsing came out and said owners are satisfied and happy with the earlier completion. This is far from the truth, we are having problem with forming JMB (which they never mention during sales), the exterior of show unit (Block A) shows concealed water piping but they didn’t do the same for the other 19 blocks (what you see may not be what you get), project was completed early due to DIBS scheme which has been made illegal (Mahsing saved lots of interests by completing ASAP), property management (run by Mahsing now) does not have the guts to impose no homestay rules (passing the issue to JMB which can’t be form at the moment) even though the law is on our sides.

  11. Tan
    September 18th, 2016 at 12:47 | #11

    During sales, Mahsing will say “don’t know” or “not sure”, etc when you ask about homestay. The fact is MBPP has been imposing fines if you conduct such business and we as residents are making official reports to LHDN for tax evasion. Homestay is allowable for serviced apartments but not gated and guarded community such as FR.

  12. choco
    September 18th, 2016 at 23:17 | #12

    @Cory

    Pair road project? Hehe….another 15 years lah, if can implement at all. I wanted to take a drive up to batu feringghi for dinner a few days ago, was stuck in a jam on the way up, so decided to turn back and take my dinner somewhere else. The traffic situation is pretty bad.

    @Tan

    Have you not noticed they have assigned an agent to do the marketing for them. Agents will tell all sorts of lies just to sell, so that developer does not have to lie, all blames on the agents.

  13. P.OFF
    September 19th, 2016 at 21:54 | #13

    Tan is right. Mah Sing has turned a blind eye to the illegal homestay in FR despite the numerous complaints by the owners there.

    Mah Sing did not deliver on things like the security door at each block contrary to what their sales staff had said during sales. This is the last time I would buy anything from Mah Sing.

  14. Homestay
    November 19th, 2016 at 17:00 | #14

    We were at Ferringhi Residence for our homestay. Terrible mistake. This condo is far from the beach. We had to walk along poorly lighted road with plenty of stray dogs and the road was unhill. It was terrible. The condo is very beautiful though.

  15. Visitor1
    February 11th, 2017 at 23:32 | #15

    #1 – Promoting The Loft very heavily (2nd project they promote was Ferringhi Residence 2)
    #2 – The Loft, 10% down payment will be discounted all the way down to only RM10K.
    Eg, Unit price is RM1Mil. 10% downpayment is RM100K. Mahsing will waived RM90K and buyer only need to pay RM10K.
    #3 – On top of the above, Mahsing is giving a guaranteed cash rebate of RM8,888. Buyer can use this to offset the RM10K downpayment. This effectively bring down the downpayment of 10% to only RM 1.1K.
    #4 – Promoted unit size was ~1491sqft. Maintenance was ~RM522.

    Market is doing very badly now. Developer is having very aggressive promotion package.
    Year 2017 is expected to be worse.

  16. JMB
    April 15th, 2018 at 22:49 | #16

    Ferringhi Residence kicked out all the homestay guests last March and made police report against the host.

    Various new procedures are being and going to be put in place to make sure Ferringhi Residence has zero homestay activities.

  17. Jeff Lai
    July 28th, 2018 at 13:52 | #17

    @Tan
    Hi Tan, are you still staying in FR? can you confirm if there is any high speed internet service available there at the moment ? went there few days ago, management said only streamyx service available ??

  18. Vicky
    October 14th, 2018 at 08:43 | #18

    JMB :
    Ferringhi Residence kicked out all the homestay guests last March and made police report against the host.
    Various new procedures are being and going to be put in place to make sure Ferringhi Residence has zero homestay activities.

    JMB also includes developer. Means JMB team is doing well here at Ferringhi Residence. Keep up the good work.

    However, AirBnb is a recent thing and when this project launch years back, there were no restrictions that is what I understand.

  19. Sharon Chan
    October 14th, 2018 at 17:28 | #19

    @Vicky
    I hear that Ferringhi Residence has a lot of homestay investors. Ask any Mah Sing staff, they will claim they dunno. Those who are buying for own stay.. sorry to said it will be a WRONG investment

  20. alyster
    September 15th, 2019 at 14:21 | #20

    is there any WhatsApp group for Ferringhi Residence 2?

  21. Khor
    September 26th, 2019 at 14:20 | #21

    I’m Khor here one of sales department staff. Does have any questions would like to ask or need help for check or purchase regarding to ferringhi residence 2 project please contact or whatsapp +60125503543.

  1. No trackbacks yet.
(You can also Login/Register to submit your comment using unique ID)


Comment Guidelines
  • Avoid political discussion.
  • Comments with inappropriate wordings or personal attack may be moderated or deleted.
  • Developer must register before comment. All anonymous comments claimed to be from developer without registration will be deleted.
  • All advertisement in the comment will be deleted. Please contact us for advertising details.


Related Properties for Sale/Rent @
Advertise your property at PenangPropertySale.com and it will be shown here. (Only listing with photo)

To advertise your property in this page under "Related Properties for Sale/Rent":
 1. Submit your property at PenangPropertySale.com, it's FREE!
 2. Remember to select "Ferringhi Residence 2" as the [Related Project]
 (Please do not advertise your property in the comment)