The Marin Penang

Built across 4 acres of land, The Marin consists of 149 condominium units and surprisingly, each floor would only consist of 4 units. This is a dream come true for those who love having some privacy and a less cluttered floor. This leasehold property is one of Batu Ferringhi’s newest additions to its development scene and in no time, it would be a major attraction for investors both far and wide.

The Marin Location

Located in the heart and soul of Batu Ferringhi, it’s completely safe to say that The Marin is a strategically planned development considering the fact that it is located in an area where a vast number of tourists flock about each year. Talking about the area itself, Batu Ferringhi, located along the northern coast of the Penang Island, is also a major site for tourists due to the existence of major high-rise hotels and exciting nightlife with the inclusion of Batu Ferringhi’s famous night markets. From an outsider’s perspective, Batu Ferringhi has not been exploited with a lot of developmental projects. Hence, this explains why a prospective resident of The Marin could still enjoy the peace and serenity that in this era of globalization, could only be obtained from countrysides and not from urbanized areas.

Despite that, being a slightly less urbanized area seems to be a tiny disadvantage too. The nearest shopping complex to The Marin would be Island Plaza which is located in Georgetown.  But fret not; although it’s not located in Batu Ferringhi, all it takes is an 18 minutes drive to the location. Residents who would most probably think that travelling to and fro is a major hassle, they shouldn’t be worried. The usage of public transportation is a common sight in Batu Ferringhi and there’s an abundance of public transportation in the vicinity.

Besides major shopping malls, one could also find many restaurants, cafes, and small convenience stores too. So, if you’re planning to have a family-friendly outing or even a solo outing with your own self, the area of Batu Ferringhi has got you covered.

Connectivity

Although situated in a quiet and less urbanized portion of Penang, Batu Ferringhi is well-connected with the existence of public transportations around the area. Although the connectivity benefits are not as abundant as the major cities in the nation, they are sufficient for the residents in the area. This would definitely accommodate people from all walks of life and also from all socio-economic backgrounds.

For starters, the main roadway within Batu Ferringhi is the coastal Batu Ferringhi Road which continues on from the Tanjung Bungah Road, passing through the suburban areas and eventually, it would become Jalan Teluk Bahang at the western edge of Batu Ferringhi. In general, during the holiday season, these roads are highly prone to traffic congestion due to the fact that a vast number of tourists would flock the major tourism sites in Batu Ferringhi and these roads are the main connecting roads to those popular spots.

As for those who frequent the usage of public transportation, Rapid Penang Buses 101 and 102 would perfectly accommodate them. These buses connect Batu Ferringhi with George Town and some other destinations on Penang Island like Tanjung Bungah, Tanjung Tokong, the Penang International Airport and Queensbay Mall. Residents could also opt for the Hop-On-Hop-Off service which primarily caters to the needs of tourists. This would be useful for the residents who would like to travel around the area of Batu Ferringhi on a sunny Sunday afternoon.

Convenience

Shopping enthusiasts could rejoice over the fact that although Batu Ferringhi especially the area surrounding The Marin does not have a shopping mall, it’s only 18 minutes away from Island Plaza, 22 minutes to Gurney Plaza and 36 minutes to Queensbay Plaza. This makes shopping, specifically luxury shopping, a breeze. The area of Batu Ferringhi is suitable for people who would most probably prefer a quiet and peaceful environment sans the hustle and bustle of city life.

In addition to this, there are lesser entertainment outlets in the vicinity in comparison to Georgetown but that wouldn’t be a problem since it only takes 21 minutes from Batu Ferringhi to Georgetown. However, as aforementioned, there is an abundance of restaurants and cafes in the area too. When it comes to the subject of quality education, it would be a hassle for parents because they would definitely desire the best for their children. Located within close proximity to The Marin are a few prestigious schools that aim to provide the best educational experience for their children. Schools such as Tenby International School, The International School of Penang and Dalat International School are some of the best educational institutions in the vicinity.

Besides that, the area of Batu Ferringhi has one of the finest healthcare systems in the nation. This includes medical centres such as Adventist Hospital and Tanjung Medical Centre. Apart from basic conveniences such as educational institutions, medical facilities, and shopping malls, there are also tons of tourism attractions in the vicinity of Batu Ferringhi such as the Batu Ferringhi Night Market, the Penang Butterfly Farm and the Tropical Spice Garden.

Shopping

• Island Plaza
• Gurney Plaza
• Queensbay Plaza

Education

• Tenby International School
• The International School of Penang
• Dalat International School
• SK Teluk Bahang
• SMK Teluk Bahang
• SJK(C) Pai Cai

Hospitals and Medical Facilities

• Adventist Hospital
• Tanjung Medical Centre
• Klinik Ferringhi

The Marin Floor Plan

Built across 4 acres of land, The Marin is perfect for a typical, escapade in the form of a home. This is true considering the fact that each floor consists of only 4 units and each of the units itself are corner units. Therefore, residents could definitely enjoy the spaciousness of their abode. The 149 units in The Marin come in 2 types; Type A and Type B with Type A having a built-up size of 1850 square feet and Type B having a built-up size of 1750 square feet. There are only a few minor differences between these 2 units but one major feature that differs in both Type A and Type B is the fact that the units in Type A have a relaxing sea view whilst the units of Type B have an ethereal forest view. These units are priced from RM 1.5 million onwards and the land is leasehold.

TYPE A

TYPE B

Typically, Type A, which is the bigger unit, would be suitable for bigger families and small families with the intention of expanding into a bigger one. However, since the view of the units in this type would be the sea view, it is advisable that buyers with thalassophobia, or in other words have fear towards the sea, to think twice before opting for these units. They could also opt for the units in Type B, which face the forests. That might be a safer option for them, knowing their situation. Although Type B is relatively big too, people with smaller families could opt for these units if they’d prefer a more spacious abode.

The Marin Facilities and Amenities

The world-class facilities provided in The Marin are very practical. The developers of The Marin have definitely put a lot of thought into implementing a stable security system with minimal loopholes for the residents. This makes The Marin all the more exclusive and peaceful. The 3-tier security system utilizes an advanced access card system in the most crowded areas of the property and this includes the main gates, main lobby, the lift lobby, and the car park lift. Besides that, there’s also a video intercom system that is connected directly to the guardhouse alongside the fact that 2 security guards are assigned to each block, 24/7. This extensive security system complemented with the first-class facilities provided is a major takeaway for The Marin.

Of course, a major highlight of the amenities provided by the developers is the comprehensive facilities deck that caters to the needs of every resident, young or old. Facilities include a fully-equipped gymnasium, a 40-meter infinity pool, a children’s playground, two multipurpose halls, a plaza, a wading pool, a Jacuzzi, a sauna, and a reflexology path. If you are athletically inclined, these facilities are extremely useful. After a strenuous day at work or school, those who wish to relax can visit the yoga deck, floating deck, open lawn, reading room, or reflective pond. The Marin truly caters to everyone’s needs.

Safety

• A video intercom system directly connected to the guardhouse
• 2 security guards are assigned to each block, 24/7
• An advanced access card system

Facilities & Amenities

• Reflexology path
• Yoga deck
• Open lawn
• BBQ corner
• Infinity lap pool
• Floating deck
• Soothing garden
• Children’s  playground
• Pool deck
• Children’s pool
• Jacuzzi
• Open plaza
• Nursery
• Multipurpose hall
• Games room
• Lounge
• Changing room and sauna
• Gymnasium
• Guardhouse
• Drop off area
• Management office
• Reading room
• Reflective pond
• Tennis courts

The Marin Competitor Analysis

The Marin by Plenitude Bayu Sdn. Bhd. with a total gross development value (GDV) of RM 256 million consists of 149 units of luxury condominium units with built-up areas of 1750 square feet (Type B) and 1850 square feet (Type A). The current pickup rate for the condominium units is 65% and taking into account the beauty of the location and the sophistication each of the units entails, it is no doubt that more prospective buyers would invest in The Marin.

The units are priced from RM 1.5 million onwards and this is absolutely acceptable considering the world-class facilities and the extensive security system which could only be found in properties situated in major cities such as Kuala Lumpur. The main takeaway of this project is definitely the fact that the residents could get a heavenly escape from the clutters of city life without depriving themselves of basic amenities and facilities. Plus, with the added benefits of having major connectivity to the other cities in Penang such as Georgetown, residents would not be left in the dark over getting some form of entertainment outside the comforts of their own homes.

The highways and expressways, although prone to traffic congestions, will less likely be a dilemma for the residents of The Marin because those congestions only exist during the weekends when tourists would most probably flock the area. In addition to that, the usage of public transportation would enable the residents to travel to and fro with minimal fuss. Hence, making their lives at Batu Ferringhi more comfortable, convenient and accommodating.

However, if there was a singular issue in Batu Ferringhi, it would definitely be the pollution in the area especially, in regards to water pollution. But rest assured; the Penang State Government is working hard to solve this issue before it becomes worse. For now, the pollution in the area is still under control. This area is slightly less urbanized, therefore, it is assumed that the crime rates are low too.

Target Market

Generally, The Marin would be of great appeal to property buyers who would like to live a peaceful and healthy lifestyle. Although the price of the units is slightly above average, this is not a problem considering the fact that the developers have provided a strong 3-tiered security system and luxurious facilities to unwind after a long day. It’s a small price to pay for a unit with tons of grandeur. Usually, properties with amenities as such would have a sky-rocketing price of over RM 2 million. The developers could also expect a vast number of foreigners and expatriates to invest in The Marin. Since Batu Ferringhi is a popular tourist attraction, foreigners who would like to make Malaysia their second home would consider investing in this property since it’s also situated nearby to basic facilities such as restaurants, sundry shops, and cafes.

Apart from that, The Marin would be of great appeal to people from the working class too. These people would most probably be more invested in finding the perfect work-life balance. They might opt for the smaller units due to the financial riskiness that might come forth if they invest in the pricier units.

In addition to people from the working class, it is also possible that big families might invest in The Marin. Taking into consideration the fact that the built-up size for each unit is relatively big, it’s generally suitable for big families who would want the units to accommodate the needs of every family member.

Competitor Analysis

The main property developers in the vicinity are Plenitude Bayu Sdn. Bhd., Mah Sing Group Bhd. and Ivory Properties Group Bhd. It is no doubt that all 3 of these companies have their own target market to fulfil and separate goals to achieve. However, if there was a singular thing that would distinguish each company from each other, it would be the pricings for their respective properties. From hindsight, it would seem as though The Marin is highly disadvantaged due to the fact that this property is on the pricier end of things. Despite its high pricing, The Marin is genuinely one of the best properties in Batu Ferringhi. That’s due to the fact that its extravagant facilities topped off with an advanced security system is proportionate to its pricing. Therefore, it still wins the race.

Ferringhi Residence 2 by Mah Sing Group Bhd. is made up of 210 units within 5 storeys and each floor is shared by only 2 units. Prospective residents can choose from a 3+1 bedroom with a built-up size of 1510 square feet to 1656 square feet. This is for a typical unit. They could also opt for the 1752 square feet ground floor unit with a private garden. Although Ferringhi Residence 2 may seem that it guarantees more privacy than The Marin but in terms of the location of the property, The Marin still tops the list with views of both the beach and the forest.  The size of the units in the Marin is also bigger than that of Ferringhi Residence 2.

10 Island Resort by Ivory Properties Group Bhd. is made up of 266 condominium units and 11 units of semi-detached villas. Prospective residents can choose from units ranging from built-up sizes of 1100 square feet to 3200 square feet for the condominium units and as for the semi-detached villas, they can choose from sizes ranging from 3,820 square feet to 6,450 square feet. In comparison to The Marin, it clearly shows that The Marin has a slight disadvantage over the size of the condominium units. However, the facilities and amenities provided by Plenitude Bayu Sdn. Bhd. for The Marin still makes it a topper in this list.

Below is a table to further enforce the notion that The Marin still tops the spot:

The Marin’s Developer: Plenitude Bayu Sdn. Bhd.

Committed to establishing a strong presence in the property sector and meeting the customers’ satisfaction, Plenitude Bayu Sdn. Bhd. has been making its marks in various developmental projects across the nation. Despite facing various challenges especially in terms of competing with major property development companies, this company still strives to succeed in the field of property development. Having been on the property development scene for over 15 years, among the most notable projects handled by this company would be Taman Desa Tebrau Johor Bahru and 4 Points by Sheraton Penang. Based on the intricacy and thought put behind this project, it has definitely been proven that Plenitude Bayu Sdn. Bhd. is determined to provide the best for their customers.

Summary

As a whole, The Marin is a great investment for those who would want to live a peaceful and harmonious life within the enclaves of nature. Despite the high competition within the area of Batu Ferringhi, The Marin still sets itself apart from the rest of the properties due to additional features provided by its developers to accommodate a perfect lifestyle for its prospective residents.