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Ferringhi Residence 2 — subsale property in Batu Ferringhi, Penang Island

Batu Ferringhi · Subsale Market

Ferringhi Residence 2 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.

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 start from roughly RM 720K.

Price at a glance

Prices as at November 2026 — Subsale asking prices basis. Last checked 2026-10-04.

Unit typeSize (sqft)Price fromPSF from
All units1,208–1,565RM720,000~RM596
Z

Zac’s Take

Zac Ong

Ferringhi Residence 2 is Mah Sing's second phase in Batu Ferringhi, completed in 2020: 632 freehold homes on residential title, with family layouts of 1,208 to 1,565 sq ft.

In September 2026, resale listings ran from about RM720,000 to RM1.25M. That makes it one of the most affordable ways to get a full-size family home near the beach and within easy reach of Uplands International School.

With 632 homes, expect a busier building than the boutique options nearby. Foreign buyers need a unit priced at RM1M or more, which usually means the larger or higher-floor homes. Short-term letting isn't allowed in condos on Penang Island, so think of it as a home or a long let.

Reviews and comparisons

Available Listings

No listings currently on file. Zac may have off-market units available.

Ask Zac about availability

Why buy a Ferringhi Residence 2 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 Ferringhi Residence 2.

Established maintenance

The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.

How Ferringhi Residence 2 is priced within Batu Ferringhi

RM480 psf≈RM596 psfRM1030 psf

At roughly RM596 psf, Ferringhi Residence 2 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

+40%

Area median RM425 psf (all residential)

Building age

6 years

Completed 2020

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 Ferringhi Residence 2 SPA

  1. 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. 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. 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. 4.Common-area condition — Physically walk the pool deck, lifts, lobbies, gym and parking ramps. Photograph anything concerning — it is negotiation leverage.
  5. 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.

Ferringhi Residence 2 price 2026

What Ferringhi Residence 2 trades at on the sub-sale market, last checked 2026-10-04.

Asking fromRM720,000 – RM1.25M
Built-up1,208 – 1,565 sqft
Completed2020
Units632

Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.

The building is 6 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporation’s problem and, through the sinking fund, partly yours. Check what was actually rectified.

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.

Ferringhi Residence 2 for sale & for rent

Asking rents at Ferringhi Residence 2 ran from about RM2,200–4,600 a month in September–October 2026, for homes of about 1,208–1,550 sq ft. Rents depend on the floor, view and furnishing, so message Zac for what is actually available to buy or rent today.

Ferringhi Residence 2 key facts

Developer
Mah Sing Group Berhad
Area
Batu Ferringhi, Penang
Tenure
freehold · residential
Completed
2020
Total units
632
Price from
RM 720K

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.

Ferringhi Residence 2 subsale — common questions

What is the price of Ferringhi Residence 2?

Ferringhi Residence 2 runs RM720,000 to RM1,250,000. These are verified sub-sale asking prices, not transacted figures — expect movement between the two. Checked 2026-10-04.

Is Ferringhi Residence 2 freehold or leasehold?

Ferringhi Residence 2 is freehold, on a residential title. Those are two separate facts and only the first usually appears in marketing.

Can a foreigner buy at Ferringhi Residence 2?

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 Ferringhi Residence 2?

Asking rents ran from RM2,200 to RM4,600 a month in September–October 2026, for homes of about 1,208–1,550 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 Ferringhi Residence 2 completed?

Ferringhi Residence 2 was completed in 2020 by Mah Sing Group Berhad, so homes here are bought from existing owners.

How big are the homes at Ferringhi Residence 2?

Homes range from about 1,208 to 1,565 sq ft. There are 632 homes in total.

What is Ferringhi Residence 2?

A freehold condominium in Batu Ferringhi by Mah Sing Group — 632 units, completed in 2020. Beachfront location on Penang Island's northern coast.

More on the neighbourhood:

Batu Ferringhi area guide — schools, transport, PSF, lifestyle scorecard →

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