Bayu Ferringhi 3-storey semi-detached house located at Batu Ferringhi, the latest development by Plenitude in Penang. Each unit is designed exclusively as a linked bungalow.
Type A and Type B units include private terrace than open out from the ensuite bathroom of the master bedroom. Type C unit features double frontages and outdoor Jacuzzi.
Property Project : Bayu Ferringhi
Location : Batu Ferringhi, Penang
Property Type : 3-Storey Semi-Detached House
Developer : Plenitude Heights Sdn Bhd
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13 comments
How much? Lauched?
type C around 1.9 m, with seaview
type B around 1.6 m, but no seaview although bigger.
type A, at the moment not for sale. (if i m not mistaken)
start booking alr if you are interested.
Last I checked, the semi-Ds were selling at least RM1.75mil each(Haha, for this price i could get a 6000sqft bungalow at Minden Heights). The lady project manager of the agency(god knows what developer it is) advised that we should get it for investment purpose even if we can't afford it and let go of it in a year or two and make lots of profit from there. What a way to advise people to speculate the property market. But again god knows whether the project may be stopped by our beloved state gov along the way and when that happens, pray for god to help you..
advise to purchasers esp incompleted properties. read up the company background and annual report.
in general, listed companies tend to be more reputable and the risk of them not completing the project on time will be little.
buy it during construction if u hv confidence in the development, wait and buy it when completed if u are not sure but still want to own it (except its more expensive once completed or partial completed)
sales stuff of any developers will always tell u of the potential rental returns and capital gains. do yr own calculation, if u believe the sales ppl, go for it. remember this rule my frens, in any investment plan, u dun lose anything if u dun invest.
leverage and lower yr risks with knowledge, from reading materials and mentors. following yr instincts is a good provided that u already hv the knowledge in what u are investing in.
law of economy, when some1 loses $, some1 else gains. wise speculators make $, while uneducated ones lose.
just my thoughts...
I have been doing some research on the developer. From my findings, the developer is Plenitude Heighs Sdn Bhd. A subsidiary of Plenitude Group. They were ranked Top 20 developer by The Edge last year. They have developed projects in Changkat Kiara KL, Desa Tebrau in Johor, they also have projects Sungai Petani. I further checked, they own Tanjung Bungah hotel. For the benefit of ce, a check with their end financiers, the land which Bayu ferringhi was built was purchased cash for slighly more than 60 million.
From my findings, investing in landed, freehold projects with good location and concept in Penang, does allow property investors to gain from capital appreciation especially in Penang Island historically . I also did a comparison on both projects ie Moonlight Bay built by Ivory. when it was first launched, it was marketing at 1.65 million, now, 3 years later, it has appreciated to more than 2 million.
As for Ferringhi Park, when it was first launched, the 3 storey semi detached was going for RM600,000. It has since appreciated in value to RM 800,000. I am an investor in Penang and i do agree that landed properties bought during construction will appreciate provided its completed. A very detailed research have to be done on the strength of the developer to ensure that its a solid developer with strong financials to enable it to complete the project.
As for the advise, from the project manager, i dont think he or she will know whether you qualify to purchase the property or not. Its just something as an investor one will know what budget one can afford to invest. My best advice as a property investor is to go for landed for captial appreciation. In Penang a fair apprciation value should be around 10 to 20% when buying under constuction property. In some developments , it can fetch more. if you like rental returns , condominiums would be better bet
well said...
at times like this i agree that one should do his homework before purchasing a property.
at good times, purchasers buy what they like,
at not so good times, purchasers buy what they need and what they believe is worth buying, after doing their own research.
Hi Juanita. How's business?
Hi,
I have some units for sale and rent. Pls call or watsapp Anthony from Popular Realty. 0124333370 or 0124338798. U can also email to intradayman@gmail.com. TQ
Will try my best to negotiate for u. TQ and have a nice day.
3s/sd house at Batu Ferringhi, Penang (Bayu Ferringhi)
- LA: 3,206 sq ft, BU: 3,442 sq ft
- 4 bedrooms, 4 bathrooms
- renovated with dry & wet kitchen, with air cond, alarm cctv, TM internet and auto gate
- full sea view of Andaman Sea
- quiet surrounding
- To Let at RM 5,000
Fong Sien
Rich Hill Realty
H/P : (016) 492-7181
2.5 Storey Bungalow With Land 8500sqft RM 1,770,000
Batu Ferringhi 2.5 Storey Bungalow For Sale Open Bidding
33% Below Bank Value
Land Area 8500sf
Built up 4000sf
5 bedrooms ,4 bathrooms
3 Balconies
Market Value Rm 2,650,000
Reserve Price Rm 1,770,000Only
(RM 208 PER SQUARE FEET)
Worth for Investments
Cheaper in Market
Agents are welcome co -broking.Know more about open bidding ways please can contact
Kenneth Kung 016 5216618
For viewing or whatapps more info
Thank you
Bayu Ferringhi, Batu Ferringhi, Penang
- low density deluxe condominium (Total : 112 units only)
- 1,777 sq ft, 3 bedrooms, 3 bathrooms
- 2 car parks
- renovated
- furnished
- seaview
- with condominium facilities
- To Let at RM 3,800 negotiable
Fong Sien
Rich Hill Realty
H/P : (016) 492-7181