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Bayu Ferringhi Condominium sits on higher ground at Batu Ferringhi, the latest upcoming development in Penang by Plenitude Berhad. A spectacular freehold development overlooking the sea sited on the prime stretch along Batu Ferringhi Beach in Penang.
This development is made up of 112 units of luxurious condominiums, offer the best orientation commanding sea views come with large balconies that open up to the turquoise sea where silhouettes of passing ships glide across the horizon. These low density condominiums come with 6 designs to choose from in all with built-up sizes ranging from 1,777 to 5,872 sq.ft. The outstanding feature of the condominium is that each unit of residence is detached to make it a 'bungalow-in-the-sky'
Property Project : Bayu Ferringhi
Location : Batu Ferringhi, Penang (Property for sale & rent in Batu Ferringhi)
Property Type : Condominium (Condominium for sale & rent)
Tenure : Freehold
Total Units : 112
Built-up Area : 1,777 - 5,872 sq.ft.
Developer : Plenitude Heights Sdn Bhd
Clubhouse Facilities
The clubhouse open deck offers lifestyle facilities such as swimming pool, children’s pool, tennis court, gymnasium, jacuzzi, children’s play area, roof top recreational terrace and residents’ lounge.
Security for the residents is 2 tiered with guards and CCTV monitoring of the common areas and car parks.
Floor Plan Type A (1,777 sq.ft.)
Floor Plan Type B1 (2,410 sq.ft.)
Floor Plan Type B2 (2,558 sq.ft.)
Floor Plan Type C Duplex (3,271 sq.ft.)
Floor Plan Type D Duplex (3,135 sq.ft.)
Floor Plan Penthouse (5,872 sq.ft.)
Location Map
Bayu Ferringhi Condominium
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62 comments:
May I know how much is the smallest unit and year of completion?
Hi there,
As for your info,the project will complete within 3 years (by 2012)
Check this site for more info:
http://www.penangmyhome.com/FH.htm
Can I know the floor level of penthouse is? Since club house is on the top, so is the quiet environment of the penthouse will be affected too? How much is one unit of the condo -penthouse?
hi.The smallest unit is approximately RM760,000. They have yet to finalize the pricing. But it should be around there.
You can check out the website at www.PenangSeaviewProperties.com
penangboy
hie everyone, for those of u who are interested, u can email me at dominicong@reapfield.com or contact me by phone at 0164709151
will give u the details and assist u in getting a unit if u are keen to do so.
at present, we are the exclusive agent for Feringghi Heights, so feel free to contact me if u hv any Qs.
we are currently open for booking, at 10k 15k 20k respectively for the 1777sf, 2410sf, 2558sf, duplexes, penthouse and semi-d villas.
u can also chack out the website at http://www.penangseaviewproperties.com/
for further enquiries, u can contact our project manager, u can get her contact in the site above, or get to me directly.
fyi, we hv 44units of semi-d villas surrounding the 1 block of 32 storey exclusive condominium.
help me help u find yr home.
warm rgds,
dominic
i saw the newspaper...this project on hold. shit
dear all,
this development is very active, for yr info, the name has been changed to Bayu Ferringhi months ago.
to avoid confusion, the ferringi heights that was given the stop order is the development opposite the floating mosque in tg bungah, while ours is located opposite rasa sayang 6star hotel along the batu ferringhi stretch.
for more details, u can check with banks in malaysia, as they hv submitted their EF, at present waiting for approval from the developer on which bank will be chosen as our panel.
u can reach me at dominicong@reapfield.com if u hv more enquiries. our showrooms will be ready around 6th jan 09 onwards, while the official launching will be on the 5th day of CNY on 30th jan 09, everyone is invited, just drop me an email, sms or call +60164709151 or +6042881888
u can also look up the official website at www.bayuferringhi.com and www.reapfield.com
help us help u find yr home...
Hi all,
looking for a seaview dream home, this is a good project to be consider. All unit of the condo are seaview.
i hv a few units here for sale
+60164709151
dominicong@reapfield.com
Price min $430 per sq ft and more for higher floors. And it is not even on the beach. This project is definitely overpriced for today's bad economy.
Can you define over priced ? What is the land cost ? The construction cost for building a design like this ? How much are similar properties with sea view cost along the same road ?
Well if you want to make comparison. Simply take "The Cove". This is "on the beach property. Has more facilities and is built on bigger sprawl of land. Yet it is only less then $300 per sq ft. Therefore F.H. Condo being build on a Hill slope opposite a beach and much further from the city is definitely over priced at $420 per sq ft and upwards...
Oop! it's $430 per sq ft onwards. Yes "The Cove's Master Bedroom has a larger balcony and bathroom has a private sauna/steam room with walk in wardrobe, His and Hers basins but FH master's has no balcony,1 basin, no walk in wardrobe and a much smaller bath room. Compare the $300 and $430- It's $130 more for less. Isn't the F.H. over priced???
bayu ferringhi's views are unobstructed.
nothing against plenitude or the cove residents.
since u are so pro The Cove, do pay a visit to the local council and ask around about the old tanjung country club. y dun u do every1 a favour and compare bayu ferringhi and the cove fairly?
perhaps u are not aware that the tanjung country club land is sold and 2towers hv been approved, but the developer is reapplying for 4 towers.
since no one is talking about this, or is not aware of this, perhaps we shd pay a visit to the cove website and ask for their comments there?
Penang, FB Condo is on a "Hill Slop[e Property" and on the Beach Property is more desirable. Recent issue of landslides for on the slope properties make this project less attractive with eminent dangers. You know that so to paying $430 to $550 per sq ft is unreal. Beside this condo has no direct access to the beach divided by a busy highway. Another thing to note is that having fewer units means the maintenance fee will go higher after 3 years.
perhaps you can enlighten us readers here how you come up with the calculation on the maintenance fees which will go up after 3 years? this is something new to me, and i would like to learn a few tricks from you.
by the way, i visited the show village a few weeks ago, and the prices are between 428-470psf depending on the height of the units while the landed are priced around 400psf. where does the 550psf come from?
please at least get yr facts right. in the master bathroom of the B units, there are 2basins, for his and hers. there is also a little walk-in wardrobe. everyone will surely agree with me that the master bath and the walk-in wardrobe in bayu ferringhi will definitely be smaller than the cove's, we are comparing 2400sf against 6000sf. isnt that obvious?
with all the extra spaces in the cove, i am sure balconies can pop out anywhere, dun you agree?
hill slope projects have their own advantages when its built correctly. alila horizons is a good example of a successful hill slope project.
not all beach front condos in penang are good anyway, since you like to use the cove as a comparison, i remembered clearly when i visited block D last month, i was very impressed with the view and the layout itself. when i asked the agent about the access to the beach, i was surprised when i had to walk down the 'proper' steps/stairs with overgrown grasses 'lalang' before coming on to some rocks, then the sandy beach.
i am not sure if i have the confidence of walking my kids to the 'private' beach alone.
my personal view is all properties in penang have their own goodness. as long as u believe it works well for you, then its yrs. price wise, i have to agree that the cove is much cheaper comparing psf, but not every purchaser will buy the cove just because its cheaper. i know of some friends buying the infinity at average 450psf and they do not complain. my cousins bought the coronation springs at 500psf which is around 600-750psf now, and i do not hear them cry. a few friends of mine bought skyhome at 380psf which is about 450-500psf now and they are still smiling.
if u do not have anything personal against plenitude, then do your comparisons fairly.
why dun u compare bayu ferringhi with island resort? it was sold at 300psf a few years back, and now the developer claims its worth 450-500psf. no work has started, many purchasers have withdrawn, excuses on the land owner, excuses on the delay of stamping the SPA for over 16months now since january 08.
i read numerous ideas and thoughts shared by yrself and other bloggers in other sites. some are really good, some are a TOTAL waste of time reading them.
i realise when the writer does not like something, 'WHAM' there he goes, bringing down the developer. we readers are interested in something more mature, useful information, guidelines to purchase the right property rather than just complains, back stabbings, emotional slanders and unsupported facts.
i look forward in reading more of your constructive sharings soon.
Hi "Penang",
You should check what you write. Type B master bedroom has only 1 basin. Look at the plan on this page. Where does it show 2 basins? Further my speculation on sustainable maintenance fee for smaller condos are based on common sense. The more units the cheaper the monthly charge as there are more units to split the cost. BF is a single block hence the monthly fee will go up after 3 years when time shows aging with wear and tear. The location and being on a hill slope does not reflect the $430 per sq st and onward rate at all especially during this recession period. The Developer is just out of touch. No wonder they are begging for buyers! No one is buying which is a fact. Many units remain unsold. Please check with the sales office to verify this.
all your assumptions are accurate!
well done.
You bet! Sales of luxury condo are going down further so unless Developer lower the price. They ain't getting any sales. People would only buy unless it is lower then prevailing market value. I think the prevailing value of condos like this BFC should be around $350 per sq ft. In order to get interested bargain hunters to commit it has to be around $320 per sq ft or less.
My family and I visited the sales office last weekend and asked the sales rep regarding the basin for the master bathroom. They told us that there will be 2 basin, his and hers. My wife requested for the copy of the sales and purchase plan and it indicates 2. Penang Lover probably did not verify his or her facts. As for the sales, most of the top floors of type b are almost gone.
By the way, since Penang lover is an expert in Penang Property Market, what is the going rate for Miami Green unit which is empty per square foot today.
Hi Expat, I said it the Master bath for line B has only 1 basin based on the floor plan supplied here. I think even if they put in additional basin it is very cramp. See the plan of the bath room. It is very small for a 3/4 and above million dollar condo. I am obsessed with bath room so I noticed such things. I bought a unit at Platino Luxury condo and those are the standard I go for. Separated shower, toilet and a large long bath for Jaccusi. As for Miami Beach I won't pay more then $300 per sq ft max. It is a much older condo- built in 1999.
Thank you Penang Lover. I took your expert advice. My wife and I went to Platino site and thereafter their office. There are 2 blocks in front which is Bayswater. Plus I see some more blocks coming up on the left. It is also away from the sea. Much further than Bayu. I think there should be at least 300 to 400 units plus there. My wife and I personally dont think this is an exclusive developement. However, our expat friends do tell us IJM is a reputable developer which we agree. We will certainly go for Bayu. Only 1 block, thanks for your advice.
Well Expat, it's your money and your decision. I bought Platino because it cost $15 to the Airport(skip traffic jams all along along), it is near the bridge and the industrial estate beside the future "Lights" billion dollars sea front project and Tesco is within walking distance. All these enhance future desirability- rental or sale. I find BF up in the Hill too remote and the convenience of shopping in not there. I like to have such convenience of not cooking and walk a few minutes to a restaurant(Sea Gate) or get some prepared meals from Tesco.
Living in Platino with big swimming pool, gym and sauna. 4 seasons gardens and a large sprowls of land around with reflection pools is resort style living. Also hospitals are near in case of emergency beside there are accessible public transport and near the main bus terminal. All these put into consideration. I can give up exclusivity. Unless you are happy with the view and nothing else go for BF Condo. It's like living in an ivory tower.I hate taking a bus and having to walk uphill with shoppings to BF Condo if my car is out. It's no fun.
I have been following up with many comments from every blogs here and I notice that there are 2 different parties here.
Parti Pembangkang and Parti Penyokong.
It is really interesting to see all the different views from the bloggers in these sites. One thing I am not very happy about is when the same blogger tries to give his comments to confuse other readers.
YoungDurian and PenangLover are the same person, he is just using 2 different nicknames.
If you read the central park blog carefully, Penang Lover is a buyer of that property, while PenangLover is very against it.
When you read bayu ferringhi blog, PenangLover condemns that project, while trying to sell the goodness of platino IJM , which is very consistent with his comments in this site and in central park site.
If you have time, take a look at the suites at waterside blog, there you can read the POWER and ARROGANCE projected by YoungDurian aka PenangLover.
I am getting really fed up with his attitude towards other properties in penang, the way he condemns and be-little other purchasers who buy other properties other than IJM’s.
Since we already know his email address, I really hope a real estate agent will email him and meet him up, take his picture and show his face to the rest, as I am very sure many readers are very interested to meet him in person.
Property blogs are mainly to share ideas and thoughts on how to improve and educate others, NOT to damage the integrity of other developers and feeding the readers with false information and facts or unsupported predictions to mislead them, while having a hidden agenda by promoting properties which they themselves purchase.
invest or whoever obnoxious person you are.
Kindly tell me what facts have I presented wrongly from this blog? I am entitle to my opinion and so are you. This is a free world. I was only merely replying to Expat who ask me for advice. I did not need your opinion. Who cares what you think. You are way out of line accusing me of such. So I am also "Young Durian". You are crazy. Bet you are a "good for nothing" old retiree who has nothing to do but going around writing blogs to flame bloggers that does not agrees with your line of thinking.
anyone know the progress of this condo ?
Hi King, sorry no show unit as yet, but you can visit their Sales Gallery to check out the scale model house for ideal.
How is the progress of the project ?
Anyone have idea of the price ?
Any units avaiable ?
hi sby,
are u interested in BF? I'm the exclusive agent that handles the project. If u want to know more do email me at danielwong@reapfield.com
so far the sales is going very well. last 2 weeks we have 22 units sold mainly from Singapore investors. my friend also bought one unit there.
i heard that the developer going to increase the price from Aug 15th
is it true ? how many % ?
I was asked to give a non bias comment on this piece of property by Sareena.
The task given to me is certainly not easy.
It is like buying a new car, japanese or continental? Both cars are good. It is obvious the latter is more expensive. The decision now lies in the budget. It is obvious the budget we have will not be able to sustain such price in penang. Hence,you can tell from the price of the condominium, it is mainly built for those people from overseas (MM2H)
Indeed the price is very steep for a hillside property. Further more it is in the process of being materialize. At an average price of RM450 psf
there are plenty of other developments that you can buy.
Nevertheless,
Hillside development has its pros and cons.
1) Global warming is a very big issue affecting the world right now. The ice caps in Greenland is melting faster than we can imagine. If we were to ban all cars in the world today the ice caps in the world will still be melting. At the rate we are emitting carbon dioxide into our atmosphere it is just a matter of time before the sea levels rises.
The benefit here of owning a hillside property is that you don't have to worry about this issue.
2) Feng Shui is a funny thing, this whole project evolves around this concept. A balance of peace and harmony. People are willing to pay a lot of money for this. Hence, we need to ask ourselves, is there a fix price for this? I believe many will say this would be priceless. If the developer claims that every single unit is orientated to provide optimum sea view,natural lighting and cross ventilation, what else can we say? If it materialize then it is worth it.
Hillside:
It is similar to reclaim land but obviously better in terms of land stability.
However, there will be the question of "will there be a landslide in the future".
After all, the area where they are building the properties use to be a water catchment area.
All i can say for now is the chances of a landslide vs rising sea levels.
Tg Bungah Hillside,Ferringhi Villas,Hilltop Villas and Alila Horizon are very good examples for comparison. Any landslides so far? No. That is because of the landscape of the area. Trees and plants help to hold the soil together. Never underestimate the force of nature.
I am only concern about its traffic around that area. There is only one way in and out of this project.There is also only one way in and out of batu ferringhi, provided if you want to go through the balik pulau way which will take a very long time.
We can argue about the privacy of the area but i am talking about the accessibility of that area for now.
Not to mention the population density along the stretch of Jalan Batu Ferringhi will increase in the near future once all the projects are ready and the occupants has taken their place in their new found homes.
Moonlight Bay,Shamrock,Hilltop villas,hotels around that area,ferringhi villas and bayu ferringhi.
Nevertheless, these properties are still prime properties in the near future. Many foreigners long for this kind of lifestyle. Secluded and away from the city, with the hills surrounding them and sea just a few minutes away.
Not many locals will be able to afford this kind of property. These properties are build for the rich.
Cheers,
Jeremy.
Dear Penanglover, the Platino has its shortcomings as well. I cannot imagine how congested the area will be after the completion of pearl regency,platino and the light. The light is not a good project after all. You can read about my reviews in this website about the light.
Econs 101- Supply must equal demand. At times like this, supply is certainly more than demand. Having 4 condominiums near the area will certainly push down the price in the near future. It is like a bubble waiting to burst. It is not sustainable.
Btw, Bayu Ferringhi is not the only bungalow in the sky (Plenitude claims it to be the only one)....we have got the harmony residences by boonsiew development. That is a real bungalow in the sky with a private garden and swimming pool.
Wow Jeremy, thank you for providing such a detailed report. I really cant thanks you enough!
Hi Jeremy,
If the house is build on water catchment area, would it be a worry of landslide in future? cos trees cuts and plant reduces due to the development. Pls share yr views.
Anyone know the selling price now ?
hi there, im looking condo for investment, i read about Bayu Ferringhi Condo. can you share me some details. eg - How many carpark provided?, how much is the maintanance fees? what do u provide inside the unit? and how much i can gain for rental in that area. tq
rashdan,
check out www.penang-seaview-properties.com
for more details.
u can reach the agents there, i am sure they will give u more details.
Hi may i know whether this condo is earth quake resistance building ?
Hi Jason.
from what i understand all high rise building building after year 2000 must have earth quake resistance.
but dont know the developer will follow fully or not = not sure
please check the specification of the brochures of the development for details.
I have a problem & hope someone can help or advise.
Last month i booked a unit of bayu feringghi condo somewhere around christmas and i paid the booking fees to the sole marketing agent by cheque at the site office as the developer does not have an office in Penang. He let me sign a booking form stating the price, unit no, my name i/c no etc.
A few days later, he told me there are many buyers looking for my unit as it is the last unit at that block. When i quiried him, he assures me that the unit is mine as i have paid the deposit for it.
A few days later he told me that the unit might be classified as a bumi unit and have to wait for confirmation from the developer as their sales has reach bumi quota. He assures me that i have nothing to worry as if my unit is under bumi unit, it is only temporary until the completion reaches 80% and the developer will declassify it from bumi status. However, i cannot sign the s&p yet but i have to sign a supplemental agreement stating the unit and purchase price and i have to increase my deposit by another 10k. Being a purchaser of a bumi unit i will stand to "enjoy" some benefits like the price will remain the same after the bumit unit is released. That means buy now but pay later. And i get to save a few thousand on the housing loan interest as all i need to pay now is the deposit and the balance until the completion has reached 80%. which is about a year later. I gave the agent another cheque for the extra deposit. He did not give me any receipt but acknowledge receipt on the photocopy of the cheque.
A week later, the agent call me and congratulates me as the developer has confirmed that my unit is classified as a bumi unit. He says the solicitor will call me to sign a supplemental agreement soon but i have to change my cheque to pay to the solicitor's firm instead of the developer's name. He will return my previous cheques which he has not paid in yet in exchange for the new cheques.
Yesterday, the agent called me to inform that he wants to return me my cheque and cancell my booking due to objection by some of the directors of the developer. It seems that one of the directors has agreed to sell the bumi units at first and has proceed to do so but the other directors is not agreeable later on.
I feel very angry and cheated.
How can a reputable developer which is listed on the main board of Bursa do such things? And the marketing agent is also reputable being one of the best not only in Penang but worldwide as many of their clients are from MM2H. The agent made many beautiful but very empty promises. Their agents are also listed on this very web side.
What i want to know is can the developer cancell my booking after accepting the deposit for almost a month although they have not paid in my cheque?
I am planning to take some legal action but i need to know if there is any buyer out there facing the same problems? The agent told me there are also other units affected.
Can i lodge a complaint perhaps the Housing Ministry? I would also like to made complaints against the housing agent. Are they licenced? By whom?
Please advise me if you know.
Thank you.
Hi Ben,
We actually wanted to buy a unit as well in December.
Seemed that some units were still left but only booked already, which was meaning we still had a chance if the loan from the other potential buyer was rejected.
We have asked the property agent (operating for the developer) to block this unit for us anyway, in case we can still go ahead and proceed with the booking fee.
After calling them many many times, they didn't come back to me. Just 2 weeks ago we went back only (as we are not living in PG) and we had to hear the same story of the left Bumi units.
Being a reputable developer in Malaysia, I really do not understand that this can happen. As a foreigner, I am sure that no Bumi at all will buy this unit and there should be some way to go around this legislation.
To me and to other people, this is the most unprofessional experience I have ever had relating to buying a property.
IF we can buy the bumi units after 80% completion, I am sure the developer will ask an unreasonble price for the units...
Really disapointing!!!
I have one high floor unit Type A (1777sq.ft) for sale. If interested, email me at canvastalk@gmail.com
Any news on the sub-sale ?
when is the OC ?
Thanks
Heard that Completed End of 2011.
Ho
confirm or not ?
How abt the sub-sale price now ?
Yesterday I heard my client said the unit they bought (Type B1) is worth RM1.3 millions++.
Ya heard that from banker also
a unit sold at RM1.35m for 2410sf(B1)
Any units for sale ? Super Seaview
With the current selling price of 600-700 psf, it has reached some of the price in Gurney. Is this still worth it?
I was told OC definitely first week September 2011 by developer.
Have seen finished apartment - horrendous finish: Linoleum floors, paint on light switches, balcony rails rusting already.
But I've kept the best bit to last: The bridge between the apartment
blocks and the carpark is about 2m off! So if you're coming from the carpark rather than a gentle slope which would suit things like push-chairs, prams, wheelchairs not to mention someone elderly, you've got to step down about 6 1ft, badly made wooden steps to get to your apartment with shopping and the like. The alternative is to take the carpers lift to the ground floor, cross the visitor's carpark - great if it's raining- then enter one of the two passenger lifts to take you to your apartment. Great isn't it.
@Erik: Agree with you on the balcony rail. They should have put a glass type to further reduce the maintenance of metal railings. It is also quite risky for kids.
Did not check the bridge to carpark but the bridge to the pool is definitely a little risky for kids and elderly. As for the internal finishing, did not realize that as was amused by the view from the condo. Can't deny they have a good view though not sure the price can compensate for that. What do you think?
Hi,
Am looking to purchase a unit for own stay <1M middle floor smaller unit west wing.
Preferably direct from owner.
Any opportunity, pls email me at penanglife8@gmail.com
I have seen the actual unit, the finishes seen to be very good compared to other properties. Not much complaint on the finihes, but the selling point is the tremendous sea view, no doubt about it.
any duplex unit available for sale??
any owner want to sell duplex unit can email me at
kanshuza@gmail.com
thanks
Hi
Can anyone tell me when OC has been obtained and when (roughly) hand over to buyers has been done ?
Thanks
Bayu Ferringhi is really a good place to invest.
I was thinking about buying a unit but after viewing it I was very disappointed. The road that lead to the condo is very sloppy and steep. Beside the tiny gym that only has 1 thread mill, 1 ecliptical, 1 beanch etc. How can a big condo be so ill equip in the gym. I also do not see a sauna which is a must in any condo. I am saving my money for other better condo definitely not this one.
Ya that's right, but as I say it is a good place to invest..it would be more of a holiday home. Not many can afford the place, so it'll be low density..but I agree with you that the fitness equipment is far from sufficient. But the view is fantastic, I have a high level unit, so I don't mind to put this place as an investment =)
I'm surprised at some of the recent negative comments such as from Penang Fan; nothing is ever 'perfect'. Personally I never use a gym- I get my exercise in the fresh air but I'm not complaining about money being spent on the gym.
As a resident at Bayu I would say- look at the high quality of the construction work ("unusually good for Penang" according to my contractor) the excellent layout and orientation of the units that deliver superb views from every window, and the best feature of all- the 180 degree views of Muka Head and Gunung Jerai. Of course you will have a short steep access road if you are going to be near the beach and have elevation to allow great views. Wake up and smell the flowers!
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