Batu Ferringhi · Subsale Market
10 Island Resort Subsale — Batu Ferringhi, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
10 Island Resort is a completed freehold condominium in Batu Ferringhi, Penang, completed in 2012 by Ivory Properties Group Berhad. It has 266 units. Subsale asking prices currently run about RM486–712 per sq ft (from roughly RM 535K).
Price at a glance
Prices as at November 2026 — Subsale asking prices basis. Last checked 2026-10-12.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| 3 Bedroom · 3-Bedroom — 1,100-1,600 sqft | 1,100–1,600 | RM535,000 | ~RM486 |
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 strip.
My 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 case 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.
Reviews and comparisons
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a 10 Island Resort subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within months, not years. Most resales complete in four to six months, a little longer if you need state consent as a foreign buyer.
Verified surroundings
Batu Ferringhi's noise levels, traffic, neighbour mix, and JMC quality are known quantities at 10 Island Resort.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
How 10 Island Resort is priced within Batu Ferringhi
At roughly RM486 psf, 10 Island Resort sits toward the value end of Batu Ferringhi's condo band (RM480–1030 psf). That usually reflects building age, floor level, or distance from the area's prime frontage — worth checking which, because the first two are negotiable and the third is not.
vs NAPIC median
+14%
Area median RM425 psf (all residential)
Building age
14 years
Completed 2012
PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data — see the Penang Price Index. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.
5 things to check before signing the 10 Island Resort SPA
- 1.Sinking fund health — Confirm the current balance and whether any special assessment is pending in the next 12 months. A thin sinking fund on an ageing building means you inherit the bill.
- 2.Last 3 maintenance billings — Verify payment is up to date and no dues are outstanding from the seller — arrears transfer with the unit, not the person.
- 3.JMC minutes (last 12 months) — Look for recurring complaints, structural concerns, or planned major works. This is the single most revealing document most buyers never ask for.
- 4.Common-area condition — Physically walk the pool deck, lifts, lobbies, gym and parking ramps. Photograph anything concerning — it is negotiation leverage.
- 5.Management track record — Ask who manages the building and how long they have held the contract. Frequent turnover of managing agents usually signals a difficult JMB.
10 Island Resort price 2026
What 10 Island Resort trades at on the sub-sale market, last checked 2026-10-12.
| Asking from | RM535,000 – RM2.88M |
| PSF | RM486 – 712 |
| Built-up | 1,100 – 4,051 sqft |
| Completed | 2012 |
| Units | 266 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
The building is 14 years old. Old enough that the sinking fund and the state of common property matter more than the finishes. Ask for the MC accounts and the last AGM minutes — arrears across the building are the number that predicts your future maintenance bill.
A foreign buyer can purchase here — the RM1M minimum is cleared by the larger units, though not at the entry price. Add the state levy, a flat 8% stamp duty and 3–4 months for state consent.
Selling rather than buying? The RPGT rates and the 21B retention decide what you keep — and if you are near the five-to-six-year line, the date matters more than the price.
10 Island Resort for sale & for rent
Asking rents at 10 Island Resort ran from about RM2,200–4,200 a month in September–October 2026, for homes of about 1,100–2,500 sq ft. Rents depend on the floor, view and furnishing, so message Zac for what is actually available to buy or rent today.
10 Island Resort key facts
- Developer
- Ivory Properties Group Berhad
- Area
- Batu Ferringhi, Penang
- Type
- condominium
- Tenure
- freehold · residential
- Completed
- 2012
- Total units
- 266
- Asking PSF
- RM486–712
- Price from
- RM 535K
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 395K – RM 2.6M
asking prices in area
Active projects
0
selling or under construction
Subsale condos
12
completed projects
Total tracked
13
properties in this area
Other projects in Batu Ferringhi
All 12 others we track here, cheapest first — all trading sub-sale.
- Iconic VueRM395K
- Miami GreenRM450K
- Ferringhi Residence 2RM720K
- Ferringhi ResidenceRM720K
- By The Sea @ Batu FerringhiRM950K
- The Marin @ FerringhiRM1.05M
- Moonlight BayRM1.25M
- Ferringhi HillsRM1.27M
- La FerringhiRM1.32M
- Ferringhi PearlRM1.4M
- Pearl Residences @ Batu FerringhiRM2M
- Island Resort Semi-Detached VillasRM2.6M
10 Island Resort subsale — common questions
What is the price of 10 Island Resort?
10 Island Resort runs RM535,000 to RM2,879,999. These are verified sub-sale asking prices, not transacted figures — expect movement between the two. That works out to about RM486–712 per square foot. Checked 2026-10-12.
Is 10 Island Resort freehold or leasehold?
10 Island Resort is freehold, on a residential title. Those are two separate facts and only the first usually appears in marketing.
Can a foreigner buy at 10 Island Resort?
Yes, on the larger units. Penang Island sets a RM1,000,000 minimum for foreign buyers of strata property, which the entry price does not clear. MM2H participants have a lower minimum of RM500,000 (residential, up to two homes), which opens the cheaper units too. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.
How much is the rent at 10 Island Resort?
Asking rents ran from RM2,200 to RM4,200 a month in September–October 2026, for homes of about 1,100–2,500 sq ft. These are asking rents on the main property portals, not signed leases. Short-term holiday letting isn't allowed in condos on Penang Island, so think in one- or two-year tenancies.
When was 10 Island Resort completed?
10 Island Resort was completed in 2012 by Ivory Properties Group Berhad, so homes here are bought from existing owners.
How big are the homes at 10 Island Resort?
Homes range from about 1,100 to 4,051 sq ft. There are 266 homes in total.
Is 10 Island Resort good for short-stay rental?
Its 2012 build and Batu Ferringhi resort-beach location drive holiday-rental demand, but short-stay is governed by the building’s management rules — confirm the current stance with Zac before assuming Airbnb income.
More on the neighbourhood:
Batu Ferringhi area guide — schools, transport, PSF, lifestyle scorecard →Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.