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PENANG: Mah Sing Group Bhd held a topping up ceremony for the phase one of its Ferringhi Residence 2 on 9th May 2019.
According to the statement, the ceremony symbolised the completion of the structure of the development’s Tower B building. In attendance were Khaw, senior management team of Mah Sing as well as consultants and main contractors who were involved in the development of Ferringhi Residence 2.
The construction of the entire project is currently at around 50% completion with the structural work of phase two (Tower A and C) still in progress. Tower B is expected to be fully completed in July 2020 while the entire project, with its two phases, is scheduled for completion by December 2020. Ferringhi Residence 2 is expected to have a total gross development value (GDV) of RM614mil.
Khaw said that the completion of Phase 1 of Mah Sing’s Ferringhi Residence 2 project signifies a significant accomplishment from the group in meeting the project deadlines. According to her, Mah Sing at the same time will continue to look for ways to enhance their project features such as the automated waste collection system and multi-tier security system that they have put in place.
“In addition to that, we are also in the process of obtaining the BCA Green Mark certification for Ferringhi Residence 2, and this will signify our commitment to creating a sustainable development that is environmentally friendly and beneficial to the surrounding communities of the area,” added Khaw.
The 9.95-acre Ferringhi Residence 2 development in Batu Ferringhi is a freehold residential condominium located behind the Penang Hill forest range and the Teluk Bahang Forest Reserve Park within Batu Ferringhi. It is accessible through Jalan Sungai 1 which branches off from Jalan Batu Ferringhi in front of Holiday Inn Resort Hotel.
It is a resort-style condominium designed predominantly in a North-South direction. The development comprises of three towers (32-storey high-rise residences, 10-storey mid-rise residences and 4-storeys low-rise residences) and all units are designed with its living spaces having approximately 16-foot wide openings with a direct view towards the outdoors.
The typical layout of two and three-bedroom units are spacious with built up from 1,208 sq ft to 1,565 sq ft. Unit layout is adapted for modern interiors that maximise the visual link to the contemporary exterior.
They are designed to have natural ventilation and lighting. The living area, dining and kitchen are laid out in an ‘open-plan’ fashion to enhance spaciousness with a resort feel. The three towers of Ferringhi Residence 2 are linked together by a podium car park. A uniquely designed clubhouse is located strategically between the three apartment blocks, at the top of the car park podium and in the middle of the facilities deck.
The clubhouse anchors the activities around the facilities deck by allowing crisscrossing from one side of the deck to the other through the provision of double entrances and is equipped with a wide range of facilities. Ferringhi Residence 2 also offers a “Renaissance Revival Garden” which is a new style of garden inspired by classical ideals of order and beauty in 15th century Rome and Florence.