BATU Ferringhi, or Foreigner's Rock, one of the well-known holiday resorts in the country and in the region, has emerged from a sleepy tourist haunt in the 1970s, and 1980s to become a developed residential cum commercial town without losing its popularity as a resort.
It has become one of the hottest spots on the Penang island for young executives and foreign investors to shop for residential properties and one of the residential precincts where property value appreciation is the fastest.
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