Moonlight Bay Penang
You’ll find: 360 Virtual Tour, Video, Layout, floor plan, facilities and details of this properties, including prices for sale & rent and most importantly our review for Moonlight bay Penang.
Table of Contents
Moonlight Bay LOCATION
- 10 km to Gurney Drive / Botanical Gardens
- 13 km to Georgetown
- 20 km to Penang Bridge
- 26 km to Bayan Lepas Free Industrial Zone FIZ
- 28 km to Penang International Airport
Who is the developer? – Ivory
Sprawling over 5.6ha, Moonlight Bay comprises only 70, 4-storey villas and 20 “condovillas” equipped with state-of-the-art-security systems, landscaped gardens, pocket parks, cascading water features, swimming pools, indoor and outdoor gyms, a 3-storey club house and service lift towers to allow residents to move easily from the top tier 250 ft above sea level to the bottom tier.
Key Features / Summary of Moonlight Bay Penang
More About Moonlight Bay Penang Batu Ferringhi
A retaining wall system that meets both US and European safety standards was built as part of Moonlight Bay’s features. Because of Moonlight Bay’s elevation there is a low density requirement, but Ivory opted to build 50% fewer units than permitted under the guidelines. The project has been described as an engineering and technical feat because of the challenges of the construction. Each stage was monitored and certified by three teams of independent engineers.
The foundation of each individual 4-storey villa is reinforced with caisson piles strong enough structurally to support a 10-storey building
Moonlight Bay Facilities
Gated community with 24-hours security guards.
Clubhouse facilities such as swimming pool.
Jacuzzi with bubble jet.
Children’s play area.
Water features with landscaped courtyard.
Enjoy the sea view of Moonlight Bay at Batu Ferringhi & walking distance to beach & sea.
moonlight bay floor plan & site map
Moonlight Bay for sale
4 storey bungalow
Condominium / apartment1,950 sq ft
Fully Furnished & renovated
4 Storey Bungalow with private swimming pool
Fully Furnnished & Renovated with private swimming pool at RM 4.2m negotiable
4 storey bungalow Ready unit at Moonlight bay for sale
Rm 2.8m negotiable for serious buyer
Rm 2.8m negotiable for serious buyer
Apartment / condominium unit at Moonlight bay Condovilla for sale
2,200sq ft @ 3 bedrooms @ Rm 1.5m negotiable for serious buyer
1,950 sq ft @ 3 bedrooms @ Rm 1.5m negotiable for serious buyer
Moonlight Bay for rent
Fully Furnished Condominium / apartment
With Internet Wi-Fi
Apartment / condominium unit at Moonlight bay for rent
Rm 4,000 fully furnished & renovated
Moonlight bay Review
Is Moonlight Bay a Good Buy ?
Our Analysis / Opinion
Moonlight Bay is definitely a good place to stay if you love Batu Ferringhi. We have owners that bought it for holiday & retirement purpose as well.
Built at the hillside, windy & 30m above sea level and the fresh air is the reasons that you should consider pick up a unit here.
If you talk about investment I would say the transaction and trend are more towards Tanjung Tokong area where it is having more transaction than Batu Ferringhi. In another words, there’s more buy and flip on-going in Tanjung Tokong and Georgetown area cmopared to Batu Ferringhi.
Still it is a good buy right now as at May 2022 post Covid or as per the news call it “end-emic” , post pandemic.
The ROI in terms of rental rate for Moonlight Bay would be around 4% +/- as at May 2022.
The demand for rental here is not that high considering it cost about RM 8,000 to RM 10,000 to rent a 4 storey bungalow here where the tenant that is able to afford such rental rate would be foreigner.
I would say it is moderate level to sell your unit at Moonlight Bay if you plan to make an investment here or to sell in a foreseeable future due to its price around RM 2.6m onward where people will definitely make a comparison among the landed property options that are available to them.
Things that I don’t like for now is the limited nearby amenities where you have to drive some distance to get access to amenities such as clinics, shopping centres & etc.
Few internationals schools within short driving distance.
A closer to nature’s feeling, holiday & retirement spot in which you can find in Moonlight Bay.
Let’s arrange for a visit to Moonlight Bay
Interested with any of the project you saw here in our website ? Just click on the “Message” / “WhatsApp” button and let us know.
We’ll send you detailed info & invite you to the showroom / sales gallery / actual site.
You can also reach us at +6011-1098 4066
We’ll assist you throughout the process, if you’re happy, just pick up a unit, we have ready bankers & lawyers to assist your loan application & sales & purchase process.
However, if you think our proposal is not able to suit your criteria, do feel free to let us know please don’t say “I’ll consider and come back to you”. We know you wont come back so just let us know so we can help you with our best. Again, we promise, no hard-selling.
Voilà, congratulations, u can sign relevant documents now if everything approves / goes well. Sit back and relax to wait for your keys / vacant possession.
What if loan rejected ? No worry, fully refundable for your booking fees. We’ll let you what could be the potential reason your loan is rejected, and then we start from there to build your profile again ! (Don’t be disappointed, it happens to some of our clients sometimes)
About My Property Deals - Scott Seow
Real Estate Negotiator (REN 43700)
I’m Scott Seow, a real estate negotiator focusing on new projects, sharing of news and updates related to Penang & Malaysia’s property. I’m an detailed & transparent person, what I know will definitely be what you know. Nobody likes hidden fact when it comes to decision-making.
I deliver SHARP DETAIL for my clients throughout the entire property hunting journey. You need sharp detail because of information overload, unorganized, overpromising agent and developers. Right now, having someone who is SHARP & DETAILED is key to your success. Other people do not provide SHARP DETAIL and as a result, you’ll probably experience an incomplete information, confused or even wrong purchase decision!
That is why I am the perfect solution to your problem