Ivory Properties Group Berhad
10 Island Resort
Batu Ferringhi
From
RM 600K
RM 378–699 PSF · Completion 2012
Tenure
freehold
Title
residential
Total Units
266
Completion
2012
- From
- RM 600K
- PSF
- RM 378–699
- Tenure
- freehold
- Total units
- 266
- Status
- completed
- Completion
- 2012
Zac’s Take
Zac Ong
10 Island Resort is a modern (2012) freehold gated resort condo at Batu Ferringhi — 266 units plus 11 semi-D villas by Ivory Properties, on Penang's main beach corridor.
My honest take: this is a rental-led play. Its newer build and resort-beach location generate genuine holiday and short-stay demand, which is the whole thesis at Batu Ferringhi. Entry is accessible from around RM600K, at about RM378–699 psf. Confirm the building's short-stay rules with the management before assuming Airbnb income — I'll help check. Ask me what's available.
Monthly Instalment Calculator
Monthly Instalment
RM 2,423
Total Interest
RM 477,862
Total Outlay
RM 1,077,862
Batu Ferringhi — area snapshot
Full area guide →Batu Ferringhi is the island's beach resort belt. Long-term residential appeal is quieter than the northern condo corridor, though short-stay demand supports certain units.
Price range
RM 450K – RM 2.1M
asking prices in area
Active projects
0
selling or under construction
Subsale condos
11
completed projects
Total tracked
12
properties in this area
Total Cost Breakdown
Every cost you'll pay — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.
| Downpayment | RM 60,000 |
| SPA stamp duty | RM 12,000 |
| SPA legal fee | RM 7,250 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 12,000 |
| Loan stamp duty (0.5%) | RM 2,700 |
| Loan agreement legal fee | RM 2,700 |
| Valuation fee | RM 2,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 99,650 |
New launch — typical developer savings
Toggle what the developer is absorbing. Confirm the actual package before signing.
Net upfront (after savings)
Based on typical 2026 new launch package
Estimates based on 2026 Penang state rules. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →
Frequently asked questions
Is 10 Island Resort freehold?
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What are subsale prices at 10 Island Resort?
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Is 10 Island Resort good for short-stay rental?
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Can foreigners buy at 10 Island Resort?
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Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.
From
RM 600K
10 Island Resort