penangproperty
CompletedfreeholdEst. 2015

Crescent Consortium Sdn. Bhd. (SDB Properties)

By The Sea @ Batu Ferringhi

Batu Ferringhi

From

RM 1.25M

RM 12001704 PSF · Completion 2015

Tenure

freehold

Title

TBC

Total Units

138

Completion

2015

From
RM 1.3M
PSF
RM 1200–1704
Tenure
freehold
Total units
138
Status
completed
Completion
2015
Z

Zac’s Take

Zac Ong

By The Sea is Selangor Dredging Berhad's beachfront development at Batu Ferringhi — three low-rise blocks (5–11 storeys), 138 units, freehold, completed in 2015. It sits right on Penang's traditional resort-beach stretch.

Subsale asking runs a wide RM1,200–1,704 psf, from about RM1.25M. The appeal is direct beach-corridor living and holiday/short-stay rental demand that this stretch generates — a different investment thesis from a Gurney city condo.

My honest take: this is a resort-lifestyle asset. If you want a beach base with rental upside, it fits — but confirm the building's short-stay stance with the JMC before you assume Airbnb income, since rules vary by management. Ask me which units sit closest to the water.

Facilities

Infinity PoolSwimming PoolWading PoolGymnasiumTennis CourtBBQ AreaPlaygroundJogging TrackFunction HallSaunaClub House24-Hour SecurityCCTVCovered ParkingBeachfront AccessLandscape Garden

What's nearby

🏥 Healthcare

  • Gleneagles Hospital Penang13.0km
  • Penang Adventist Hospital14.0km
  • Penang General Hospital15.0km

🎓 Schools

  • SK Batu Ferringhi1.5km
  • SMK Batu Ferringhi2.0km
  • Uplands International School8.0km

🛍 Shopping

  • Batu Ferringhi Night Market500m
  • Tesco Extra Tanjung Bungah8.0km
  • Gurney Plaza12.0km
  • Straits Quay10.0km

Monthly Instalment Calculator

Monthly Instalment

RM 5,049

Total Interest

RM 995,546

Total Outlay

RM 2,245,546

📲 Discuss financing options with Zac

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 450KRM 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.

DownpaymentRM 125,000
SPA stamp dutyRM 34,000
SPA legal feeRM 13,250
MOT stamp duty (at VP)

Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer.

RM 34,000
Loan stamp duty (0.5%)RM 5,625
Loan agreement legal feeRM 5,625
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 220,500

New launch — typical developer savings

Toggle what the developer is absorbing. Confirm the actual package before signing.

Cash rebate3% = RM 37,500
0%5%10%
Total developer savingsRM 62,000

Net upfront (after savings)

Based on typical 2026 new launch package

RM 158,500

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 By The Sea @ Batu Ferringhi freehold?

+
Yes — freehold, developed by Crescent Consortium (a Selangor Dredging Berhad company), completed in 2015.

What are subsale prices?

+
Asking prices start from about RM1.25M, with PSF spanning roughly RM1,200–1,704 depending on block, floor and proximity to the beach. WhatsApp Zac for current listings.

Can I run short-stay / Airbnb here?

+
Batu Ferringhi generates genuine holiday-rental demand, but short-stay is governed by each building’s JMC rules. Confirm the current management stance with Zac before assuming Airbnb income.

How many units are there?

+
There are 138 units across three low-rise blocks of 5–11 storeys.

Can foreigners buy at By The Sea?

+
Yes. At these prices, units clear Penang Island's RM1,000,000 minimum for foreign buyers of strata property. State consent (typically 2–4 months) applies, and MM2H holders follow the same property rules. Zac can confirm eligibility for your situation.

Substitutes worth comparing

Open full comparison →

Same area family, same property type, similar price band — what most buyers actually cross-shop.

From

RM 1.3M

By The Sea @ Batu Ferringhi

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