Ferringhi Residence 2, Batu Ferringhi
Mah Sing Group Berhad · Condominium · Freehold · Selling
From RM 788,584 · 1,208–1,565 sq ft · 2–4 bed
- 1Price against the areaRM 653+20% vs completed condos
- 2The area+16.6%Change in Penang house prices over the four years to Q1 2026 · High unsold supply in the state
- 3Other options at this price8other new launches within 15% of RM 653 per sq ft
- 4Cost and risksRM 96,516Cash upfront and RM 3,271 a month after that
Ferringhi Residence 2 is a freehold condominium in Batu Ferringhi, Penang, by Mah Sing. The developer lists prices from RM788,584 for a 1,208 sq ft unit, about RM653 psf. That is 20% above the NAPIC 2025 median of RM546 psf for completed condos in the Timur Laut district. Checked against the developer's website on · Developer's project page
Location
Batu Ferringhi, Penang
Nearby, as listed by the developer
- The International School of Penang (Uplands)
1Ferringhi Residence 2 price compared with the area
Prices start from RM 788,584. If that price is for the smallest layout (1,208 sq ft), it works out to about RM 653 per sq ft.
NAPIC recorded 9 completed condos in the Timur Laut district in 2025. That area includes Batu Ferringhi. Its entry price per sq ft is higher than three quarters of the prices recorded in the area. New launches usually cost more per sq ft than completed condos nearby.
See the 9 completed condos NAPIC recorded in the Timur Laut district on the area page.
The developer does not publish a price per sq ft. Ask for the price list. If the starting price is for a bigger layout, the entry price per sq ft is lower than shown here.
2The area
- Timur LautRM 753 · 11 launchesRM 546
- Barat DayaRM 556 · 5 launchesRM 500
- Seberang Perai TengahRM 434 · 6 launchesRM 368
- Seberang Perai UtaraRM 442 · 1 launchRM 362
NAPIC 2025 data. Only areas with at least 5 recorded schemes are listed. Hover or tap an area for details.
Completed condos in Timur Laut changed -2.2% in price from 2024 to 2025 and -1% in the first half of 2026 (NAPIC, median per condo). See the price trend
House prices in Penang rose 16.6% in the four years to Q1 2026P, against 14.2% for Malaysia. See the state price and supply charts on the Batu Ferringhi page.
3Other options at this price
| Project | Entry psf | vs this |
|---|---|---|
| Altus ResidencySeberang Perai | RM 654 | 0% |
| M AmayaBayan Lepas | RM 666 | +2% |
| MezonBatu Kawan | RM 696 | +7% |
| The WaveGeorge Town | RM 598 | -8% |
| Lumina ResidenceGeorge Town | RM 731 | +12% |
| Goodwood ResidenceBayan Lepas | RM 556 | -15% |
| Sunway LakeHillsJohor Bahru, Johor | RM 653 | 0% |
| Youth CityNilai, Negeri Sembilan | RM 652 | 0% |
4Cost and risks
Starting priceRM 788,584
Monthly instalment
RM 3,271
Cash upfront (down payment and stamp duty)
RM 96,516
- Down payment
- RM 78,858
- Stamp duty on the transfer
- RM 17,658
- Loan amount
- RM 709,726
- Total interest over the loan
- RM 664,288
Based on the starting price, with stamp duty on the transfer only. Legal fees and loan stamp duty are extra. We apply the first-home exemption only up to RM500,000. Confirm it with your lawyer.
Things to check
- No completion date is published: ask for the vacant possession date and the late-delivery terms in the SPA.
- In Penang a foreign buyer needs state consent and can only buy a unit priced at RM 1,000,000 or more.
Project details+
- Developer
- Mah Sing Group Berhad
- Location
- Batu Ferringhi, Penang
- Property type
- Condominium
- Tenure
- Freehold
- Total units
- Not stated by the developer
- Blocks / towers
- 3
- Storeys
- Not stated by the developer
- Expected completion
- Not stated by the developer
Infinity pool · Rooftop deck · Jacuzzi · Infrared sauna & spa · Tennis court · Jogging track
Ferringhi Residence 2 floor plans and photos
Our take
- The entry price per sq ft is 20% above the median for completed condos in Batu Ferringhi. A gap of this size is common for a new launch.
- Other new launches at a similar price per sq ft: Altus Residency (RM 654 psf), M Amaya (RM 666 psf) and Mezon (RM 696 psf).
- Many completed condos in Penang are still unsold. That can make a unit slower to resell or rent out.
Other new launches in Penang
More new launches by Mah Sing
Ferringhi Residence 2: common questions
How much is Ferringhi Residence 2 in Batu Ferringhi?
The developer lists prices from RM 788,584, about RM 653 per sq ft for the smallest layout.
Is Ferringhi Residence 2 freehold or leasehold?
The developer lists it as freehold.
Can foreigners buy Ferringhi Residence 2?
Penang sets a RM 1,000,000 minimum for foreign buyers. The developer does not list a full price range, so check the price of the unit you want.
Sources
Project facts come from the developer's website. Area prices and yields come from NAPIC's Laporan Pasaran Harta 2025. State figures come from the MHPI (Q1 2026P) and the NAPIC overhang tables (Q1 2026). No developer pays us.