Ferringhi Residence
Jalan Sungai Satu, 11100 Batu Ferringhi, Pulau Pinang, Malaysia
Jalan Sungai Satu, 11100 Batu Ferringhi, Pulau Pinang, Malaysia
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Nearby areas in 17
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Ferringhi Residence 2
Ferringhi Residence
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Feringghi Hills
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 17
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Does FERRINGHI RESIDENCE rent out well?
Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.
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Jalan Sungai Satu, 11100 Batu Ferringhi, Pulau Pinang, Malaysia
MapsFerringhi Residence in Timur Laut, Penang recorded 0 subsale transactions in 2023, with a median price of RM710K and a median price per square foot (PSF) of RM521.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM710K, with most transactions falling within a stable range of RM600K to RM820K, and a typical market range of RM655K to RM765K.
Most transactions involved condominium/apartment, with minimal variety in property types.
Price per square foot shows a median of RM521, though individual units vary from RM362 to RM680 in the core range. The broader market spans RM441.50 to RM600.50, indicating diverse property characteristics. A wider spread (IQR: RM159.00) and deviation (MAD: RM159) indicate significant PSF variations, likely due to diverse property types or conditions.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.