These days, most property buyers are looking for properties with low density status or specifically those properties with less than 3 units on each floor. On the whole, Marina Tower is one of the low density types of developments. However, as one looks at the condo’s average number of unit per floor, this could be one of its drawbacks since most property buyers perceive that properties with lesser units on each floor provide a feeling of exclusivity to property owners.
Marina Tower has 6 units per floor in the low-rise block and 8 units per floor in the high-rise blocks for the standard units. Residents also tend to link the density issue, and number of units per floor, with privacy concern. Residents are assured to enjoy privacy in the comfort of their own home by looking at Marina Tower's density status.
Not only that, the surrounding area of Marina Tower, which only comprises of 3 neighboring developments namely the Twin Towers, Coastal Towers, and Mar Vista, also proves that the area is well planned as well as not congested. This is certainly important in promoting a serene and also non-hectic stay for the residents at Marina Tower.
This freehold condo may be positioned at a very popular area but there is one main concern that potential property buyers should consider. There is only one road leading to Marina Tower after the Jalan Tanjung Bungah stretch. To certain property owners, this could be a sign of exclusivity of the property but in terms of practicality, it would obviously be troublesome for accessibility to other areas within Penang Island. Further to that, certain parts of the road are poorly lit at night and this could pose potential danger to property owners driving along this road at night.
Marina Tower’s location gives residents the opportunity to enjoy panoramic views of Penang Island’s beautiful stretch of beaches and lush green hills. However, as this condo sits on a plot of freehold land at the foothill / near to hillside, there are high chances of landslide occurring at this area. Prospective property buyers should still consider any potential threat to their family's safety even though the other neighboring condos are much nearer to the hillside.
Most people would be familiar with the name of this place when one mentions about Batu Ferringhi. Being tagged as Penang’s most famous beach area, the properties developed in the nearby areas have undeniably benefited from it in terms of increase in demand.
Marina Tower is also one of the favorite properties among expatriates and foreigners under the Malaysia My Second Home (MM2H) program as with many other developments within the area. This has truly promoted property investment on this development which can be clearly seen on the condo’s pricing.
Its subsale value is still comparable to many other developments around its age even though Marina Tower is somewhat old. However, as its subsale price is still lower compared to other new developments in Batu Ferringhi, Marina Tower still falls under the affordable range.