Batu Ferringhi · Subsale Market
Ferringhi Residence 2 Subsale — Batu Ferringhi, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
Ferringhi Residence 2 is a completed freehold condominium in Batu Ferringhi, Penang, completed in 2020 by Mah Sing Group Berhad. It has 632 units. Subsale asking prices currently run about RM505 per sq ft (from roughly RM 789K).
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Ferringhi Residence 2 subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Batu Ferringhi's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Ferringhi Residence 2.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
5 things to check before signing the Ferringhi Residence 2 SPA
- 1.Sinking fund health — confirm the current balance and whether any special assessment is pending in the next 12 months.
- 2.Last 3 maintenance billings — verify payment is up to date and there are no outstanding dues from the seller.
- 3.JMC minutes (last 12 months) — look for recurring complaints, structural concerns, or planned major works.
- 4.Common-area condition — physically walk the pool deck, lifts, lobbies, gym, and parking ramps. Photo anything concerning for negotiation leverage.
- 5.Internal pipes + electrical — for buildings 10+ years old, ask for a recent plumbing inspection report. Pipe replacement is a five-figure capex you don't want to discover post-VP.
Ferringhi Residence 2 key facts
- Developer
- Mah Sing Group Berhad
- Area
- Batu Ferringhi, Penang
- Tenure
- freehold · residential
- Completed
- 2020
- Total units
- 632
- Asking PSF
- RM505
- Price from
- RM 789K
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Ferringhi Residence 2:
View full Ferringhi Residence 2 profile →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
Ferringhi Residence 2 subsale — common questions
Where is Ferringhi Residence 2 located?
Ferringhi Residence 2 is in Batu Ferringhi, Penang, developed by Mah Sing Group Berhad and completed in 2020.
Is Ferringhi Residence 2 freehold or leasehold?
Ferringhi Residence 2 is freehold with residential title.
How much is a Ferringhi Residence 2 unit?
Subsale asking prices at Ferringhi Residence 2 start from roughly RM 789K (about RM505 psf), varying by floor, view and renovation. WhatsApp Zac for the current shortlist.
What's the typical asking price for a Ferringhi Residence 2 subsale unit?
Subsale asking prices at Ferringhi Residence 2 vary by unit floor, view, and renovation level. The most accurate current figures come from active listings — WhatsApp Zac for the live shortlist with prices and floor plans for available units.
Is Ferringhi Residence 2 a good buy in the subsale market?
Ferringhi Residence 2 in Batu Ferringhi is a completed building, which means immediate occupancy, verifiable neighbour quality, established maintenance fees, and a known JMC track record. The case for subsale here is no construction risk and a proven location — versus paying a new-launch premium for an unbuilt unit.
What should I check before signing a subsale SPA at Ferringhi Residence 2?
Five things to verify: (1) sinking fund health and any pending special assessments, (2) last 3 maintenance billings and how strict collection is, (3) JMC meeting minutes for the last 12 months, (4) common-area condition (pool, lifts, lobbies), (5) structural age of internal pipes (especially for buildings 10+ years old). Ask the listing agent to provide these as part of the offer process.
Can foreigners buy a Ferringhi Residence 2 subsale unit?
Yes, subject to Penang state minimums (RM 1,000,000 for stratified properties on Penang Island; RM 600,000 on the mainland) and state consent (typically 2-4 months processing). MM2H holders are treated the same as other foreign buyers for property purchase rules.
How long does a subsale purchase at Ferringhi Residence 2 take?
Typical timeline: 2-3 weeks from offer acceptance to SPA signing, then 3 months to completion (90-day SPA period). Faster than a new launch because no construction wait. Plan for stamp duty + legal fees (~3-4% of purchase price) at completion.
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.