Indulge in luxury hillside living at the beautiful Island Resort in Batu Ferringhi, Penang. Nestled in this prestigious tourist destination is a mixed residential development perched on the hillside of Miami Beach overlooking some of the best panoramic views of the island. It has for neighbours other condominium developments including Grand Tower, The Reef, Seaview Garden and Miami Green to name a few.
A freehold residential, Island Resort, is an ongoing development by Ivory Properties, the same developer who created Zen @ The View, The Peak Residences and The Latitude. It is another addition to the brand’s sterling portfolio that aspires to “build a better world for our future generations” through innovation and quality homes in prime and sought-after locations.
Hillside Resort Condo & Villa Choices
Nothing is better than living on the hillside and waking up to a breathtaking view of the Indian Ocean. It’s a luxury lifestyle to the next level which is exactly what Island Resort is offering. Comprised of 4 phases, discerning and astute investors can expect a mix collection of resort condominiums, semi-detached villas, bungalows and a private recreational club. All in all, there are 11 units of semi-detached village and 152 and 266 resort condos at 1 Island Resort and 10 Island Resort respectively.
Built-up sizes vary accordingly and they are categorized as follows:
> 1 Island Resort – 1,600 to 3,200 sq.ft.
> 10 Island Resort – 1,100 to 3,200 sq.ft.
> Semi-Detached Villa – 3,820 to 6,450 sq.ft.
Island Resort, as a whole, has an estimated GDV of RM383.4 million offering an array of choices that promise an exceptional island living on the hillside. Price for the development has been set from RM528 psf and that’s just for the smallest condominium option measuring 1,100 sq.ft. Impressively spacious villas are naturally more expensive costing a minimum of RM2 million on wards.
To check if the price of RM528 psf is fair and current according to Island Resort’s market value, don’t hesitate to use our price valuation guide right here.
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Indulge in Luxury Island Living
Encouraging residents to fully indulge and immerse in the ideal lifestyle are Island Resort’s collection of cutting edge condo facilities. Irresistibly inviting are the property’s very own swimming pool and private recreation club. The resort-style ambience is further ramped up with special water features, well manicured landscaped garden, spice garden and a well-equipped clubhouse. Even better, the development encourages a healthy and fit lifestyle through its gymnasium for the adults and playgrounds for the children. Finally, ensuring peace and uninterrupted hillside resort living is the 24-hour security system.
While tucked on the hillside, Island Resort is not far from amenities. In fact, surrounding the area are hotels, schools and a slew of commercial establishment. Catering to the international demographics are international schools. There are also top recreational spots including Tanjung Park and a Chinese Swimming Club. In terms of accessibility, Island Resort is reachable via Jalan Batu Ferringi. Public transport is also available with taxis and rapid Penang buses ready to serve both tourists and residents.
What We Think
Sitting comfortably on a hillside overlooking an unprecedented view of the sea, Island Resort is exactly what its name suggests. It’s a perfectly balanced lifestyle of island living completed with the luxuries of resort-style amenities and conveniences. Designed to wow and impress, the development exudes a distinct island charm that effectively appeals to its target demographic including expats, foreign investors and the affluent locals. It is worth noting, however, that the road Jalan Batu Ferringhi leading to the development experiences traffic situations from time to time. Though that can be drawback, it is also a sign that the area is thriving and bustling which means higher potential for properties to appreciate in the coming years.
Feel like indulging in some island living luxuries? If you do, make sure to double check the development’s fair market value before jumping the investment bandwagon. To do just that, use our free ebook guide below.