Ferringhi Park, Batu Ferringhi: Landed Homes for Rent/Sale in Penang
Ferringhi Park is a landed residential development located in Batu Ferringhi, Penang. It is known for its spacious and luxurious homes, offering a serene living environment amidst the popular tourist belt.
Types of Properties:
- Semi-Detached Houses: These are typically 3-storey semi-detached homes with generous layouts.
- Bungalows: 3-storey bungalow units are also available, providing even more space and exclusivity.
Key Features and Design:
- Spacious Layouts: The homes are designed with ample space for families, with built-up areas starting from over 2,400 sq. ft.
- High Ceilings: The units feature airy, 12-foot-high ceilings that promote natural ventilation and create a sense of openness.
- Natural Light: The design maximizes natural light with the use of large, tinted glass windows.
- Quality Finishes: The properties are built with high-quality sanitary ware and fittings, and premium floor tiles.
- Modern Amenities: Houses are equipped with modern features such as a built-in high-pressure water pump, smart locksets for the main entrance, and pre-installed electrical points for CCTV, air conditioners, and water heaters.
- Views: Some units offer scenic views of the surrounding green hills and the Andaman Sea.
Development Details:
- Developer: Blossom Time, a subsidiary of Atlan Holdings Bhd.
- Phases: The development was completed in different phases, including "The Residences" (Phase 1) and "Tropika Ferringhi" (Phase 2).
- Tenure: The properties are on a freehold tenure.
Facilities and Amenities:
Residents of Ferringhi Park have exclusive access to a comprehensive clubhouse and various facilities, including:
- Swimming pool
- Gymnasium
- Sauna
- Multi-purpose hall
- Mini-mart/convenience shop
- 24-hour security
Location and Accessibility:
Ferringhi Park is strategically located in Batu Ferringhi, providing a peaceful retreat while being close to key attractions and amenities.
- Proximity to Beach: The famous sandy beaches of Batu Ferringhi are a short drive or walk away.
- Nearby Schools: The development is situated adjacent to the well-regarded Uplands International School, making it an ideal location for families with children. Other schools are also nearby.
- Convenient Access: The estate is easily accessible via Jalan Batu Ferringhi, the main road that connects to other parts of Penang Island.
- Nearby Attractions: Residents are just minutes away from 5-star hotels, seafood restaurants, night markets, and family-friendly places like ESCAPE Theme Park and Entopia by Penang Butterfly Farm.
FERRINGHI PARK @ Properties
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Frequently asked question
Based on recent transactions, the median price for a landed house in Ferringhi Park is approximately RM 880,000, with a median price per square foot of RM 354. However, prices can vary significantly depending on the property type (bungalow vs. semi-detached), land size, built-up area, condition, and location within the development. Individual listings show prices ranging from below RM 1 million to over RM 1.6 million.
All properties in Ferringhi Park are freehold.
Property taxes in Penang are known as Assessment Tax. For a landed residential property in Penang, the annual percentage rate is fixed by the City Council of Penang Island. As of early 2025, the rate for a landed residential property is 5.60%. This tax is calculated based on the annual rental value of the property. Additionally, a homeowner would be responsible for quit rent (cukai tanah) and other standard fees associated with property ownership in Malaysia.
Batu Ferringhi is a well-established and highly sought-after area, attracting both local and expatriate residents due to its resort-like environment. The property market in Penang is generally on a positive trend, with new infrastructure projects and economic growth anticipated in the coming years. While specific investment returns are not guaranteed, the location's appeal and the freehold status of the properties contribute to its long-term value.
While Ferringhi Park is a private residential enclave, information regarding a full gated and guarded status is not consistently available. However, some nearby developments, like Ferringhi Villas, are known to be gated communities with 24-hour security. It's best to verify the specific security arrangements for any individual property of interest.
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