The Reef Condominium, Batu Ferringhi, Penang

    The Reef Condominium is a Freehold Condominium located in Batu Ferringhi, Penang. It was completed in 1987. The building has 16 floors and a total of 200 units. The build-up size is 1030 sq. ft.. This is a Residential Individual property. There are 21 listings for sale and 9 listings for rent in The Reef Condominium.

    Facilities at The Reef Condominium include Gymnasium, Swimming pool, Playground, Parking, Tennis court, BBQ, Squash court, 24-hours security.

    The median transacted price is RM 355 per sq. ft. The Reef Condominium has a capital growth of 2.96%.

    Nearby medical: Klinik Desa Batu Ferringhi

      Price overview of The Reef Condominium

      • Price range for sale
        RM 330,000 - RM 610,000
        RM 312.80 - RM 559.63 /sq. ft.
        21 For Sale
      • Price range for rent
        RM 1,400 - RM 1,960
        RM 1.35 - RM 1.82 /sq. ft.
        9 For Rent
      *90% of the properties listed are between this price range
    Property type
    Condominium
    Land title
    Residential
    Property title type
    Individual
    Tenure
    Freehold
    Built-up size
    1030 sq. ft.
    No. of floors
    16
    Total units
    200
    Year built
    1987
    Developer
    -

    About The Reef Condominium

    The Reef Condominium is a freehold condominium development located at Jalan Low Yat, Batu Ferringhi, Penang. The medium-rise residential development was completed in 1987.

    The Reef Condominium comprises a 16-storey residential tower with two wings – The Seaview Wing and the Landscape Wing. The Seaview Wing units are facing the sea directly and enjoy unobstructed view of the tranquil beach and the calm sea, while the Landscape Wing Units’ view is blocked by the Hydro Majestic Hotel. The tower housed a total of 200 condominium units with the built-up areas of 850 sq ft and 1,030 sq ft. The condominiums come in the configuration of 2 bedrooms 2 bathrooms and 3 bedrooms 2 bathrooms to a unit.

    The resort-styled home promises a safe living environment with an impressive round-the-clock security system that includes an intercom system which is linked directly to the guardhouse. Designed for a fulfilling resort-style living experience, The Reef Condominium comes with a host of lifestyle facilities which include a swimming pool, landscaped garden, tennis court, squash court, gymnasium and a community hall.

    Nestled in the famous tourist spot of Batu Feringhi, The Reef Condominium is in a tropical resort town which is a preferred destination by the expat community. Urban lifestyle conveniences are within easy reach. There are many established eateries, restaurants, quaint cafes, grocery stores and business centres in the vicinity. The famous Batu Feringghi Night Market is just 600m away. Popular shopping centres such as Straits Quay Marina Mall (9km), Gurney Plaza (11km) and Gurney Paragon Mall (11km) are just within half an hour drive from the condominium.

    Sitting on the hillsides of a lush tropical ridge, The Reef Condominium is accessible via Jalan Tanjung Bungah and Jalan Batu Feringghi.

    • The nearest bus lines: Rapid Bus 101 and 102

    The condominium has easy access to educational facilities. It is just less than 1km from SK Batu Ferringhi, The International School of Penang and SK (C) Pai Chai. There are also higher learning institutions nearby such as Universiti Sains Malaysia (1km) and Tunku Abdul Rahman University College (7km).

    The Reef Condominium is also conveniently close to healthcare services. The Batu Ferringhi Rural Clinic is just 130m away, while Klinik Ferringhi and Poliklinik See are 600m and 650m from the condominium respectively. The nearest hospital is the Penang Adventist Hospital which is approximately 12km from the development.

    Updated on 3-Sept-2022

    Facilities in The Reef Condominium

    Gymnasium
    Swimming pool
    Playground
    Parking
    Tennis court
    BBQ
    Show more

    Property market insight for The Reef Condominium

    All data based on max of 12 months only – Nov 2023 to Oct 2024

    Median transacted price

    RM 350,000
    3.24% YoY
    Lower: RM 308,000Upper: RM 410,000

    Median transacted price per sq.ft. (psf)

    RM 355/sq. ft.
    2.96% YoY
    Lower: RM 328Upper: RM 393
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