98 Houses for Rent at Ideal Venice Residency
Ideal Venice Residency is a freehold residential condominium located in the Island Glades township of Gelugor, Penang. Developed by the renowned Ideal Property Group, this project draws inspiration from the romantic architecture of Venice, Italy, offering residents a unique thematic living experience. The development is slated for completion in 2026.Inspired by the famous Italian city, Ideal Venice Residency aims to bring a European feel to Penang with architectural features that mimic the Rialto Bridge and even include classic gondolas in shallow "canals" on the facilities podium. The project consists of four 46-storey towers, housing a total of 1,632 units. These apartment towers are built atop a 6-storey parking podium, with the amenities strategically placed between the towers.Ideal Venice Residency offers standardized units with a built-up area of 850 sq. ft., featuring a practical layout of 3 bedrooms and 2 bathrooms, complete with a balcony and yard. The development has two primary layouts, Type A and Type B. Type A units are allocated under the PR1MA affordable housing scheme, while Type B units are available on the open market. 850 sq. ft. 3 Bedrooms, 2 Bathrooms. 4 towers, 46 storeys high.Residents have access to a comprehensive list of indoor and outdoor facilities located on Level 8. Outdoor amenities include a swimming pool, jacuzzi, children's pool with wet play, BBQ pavilion, basketball court, and a reflexology path. Indoor facilities feature a gym room, badminton court, games room, yoga room, community hall, and a function hall.The development boasts excellent connectivity, situated along Jalan Lembah and accessible via major arteries like Jalan Bukit Gambir, Jalan Sultan Azlan Shah, and the Tun Dr Lim Chong Eu Expressway (LCE). It is located approximately 6km from the Penang Bridge and 11km from the Penang International Airport. The Sungai Nibong Bus Terminal is about 5km away, and the Komtar Bus Terminal is 7km from the residence.Ideal Venice Residency is strategically located for families, with numerous educational institutions nearby. It is just 4km from Universiti Sains Malaysia (USM) and 6km from INTI International College Penang. Other nearby schools include Penang Free School, Chung Ling High School, SJK(C) Kwang Hwa, and SMK Bukit Jambul.For shopping and daily needs, residents are a short drive from several major retail hubs. Queensbay Mall is 9km away, Bukit Jambul Complex is 6km away, and the Tun Abdul Razak Complex (KOMTAR) is an 8km drive. Lotus's E-Gate is also conveniently located nearby.Access to healthcare is convenient, with several major hospitals within a 7km radius, including Lam Wah Ee Hospital, Pantai Hospital Penang, and Penang General Hospital.Ideal Venice Residency is a project by Ideal Property Group (a subsidiary of Ideal Capital Berhad), a reputable developer with a significant portfolio of completed residential and commercial units, particularly in Penang. The company is known for other successful projects such as Queens Residences and Imperial Grande.
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The project remains one of the more visible names in recent search data, capturing 26.12% of Kampung Kastam queries according to PropertyGuru search trends over the past month. This recent search activity highlights the project's visibility, showing a 26.12% share of local searches within the township.
Most-searched Units: StudioPricing by Unit Types:
- 3-Bedroom Units:
- Avg Asking Price: RM 2K
- Avg PSF: RM 2 psf (3.32% higher compared to Kampung Kastam average of RM 2 psf)
- Available Units: 82
- ASTAKA TAMAN TUN SARDON (908m, 10-11 mins) — Convenient local stop for residents looking to catch regular bus services around the neighbourhood.
- KTM MOTOR (929m, 11-12 mins) — Additional boarding point that enhances the public transport options for those commuting within the island.
- GOVERNMENT KINDERGARTEN TAMAN TUN SARDON (618m, 7-8 mins) — Practical early childhood education option located just a short walk from home for young families.
- SK BUKIT GELUGOR (646m, 7-8 mins) — Nearby primary school that makes the morning school run much easier for parents and children.
- SMK BUKIT GAMBIR (749m, 9-10 mins) — Accessible secondary education facility providing a straightforward commute for older students.
- KLINIK KESIHATAN IBU DAN ANAK TAMAN TUN SARDON (1019m, 12-13 mins) — Essential maternal and child healthcare services located within the immediate community.
- MEGA KULIM PHARMACY (1156m, 13-14 mins) — Handy pharmacy for quick access to medicine, health supplements, and daily wellness needs.
- ISLAND KLINIK (1217m, 14-15 mins) — Local medical clinic providing general healthcare consultations and family medical services nearby.
- N.G. LIGHTING (1517m, 18-19 mins) — Useful retail outlet for homeowners looking to furnish or upgrade their new Venetian-style residence.
- HALALAN TOYYIBA MART (1740m, 20-21 mins) — Local mart providing a variety of grocery options and daily essentials for the household.
- GEMBIRA PARADE (1775m, 21-22 mins) — Neighbourhood shopping spot offering a mix of retail services and convenience for weekend errands.
- VERON CAFE (1157m, 13-14 mins) — Local coffee shop perfect for a relaxed breakfast or a quick afternoon meal with neighbours.
- SENG HIN CAFE (1175m, 14-15 mins) — Traditional dining spot offering a variety of local Penang flavours within walking distance.
- ISLAND GLADES CAFE (1224m, 14-15 mins) — Popular neighbourhood eatery that serves as a great gathering point for family dinners.
- MAYBANK (1281m, 15-16 mins) — Full-service banking branch nearby to handle personal finances and business transactions easily.
- BANK SIMPANAN NASIONAL (1462m, 17-18 mins) — Additional banking facility providing essential financial services to the local community.
- 7-ELEVEN (491m, 5-6 mins) — Very close 24-hour store for late-night snacks, drinks, and urgent household necessities.
- TREATS (1025m, 12-13 mins) — Handy stop for quick refreshments and grab-and-go items during the daily commute.
- MCDONALD'S DESA UNIVERSITI (777m, 9-10 mins) — Familiar fast-food option nearby for quick meals and family treats.
- DOMINO'S (809m, 9-10 mins) — Easy access to pizza delivery or takeaway for convenient weekend dining at home.
- PASSIONS OF KERALA (1084m, 13-14 mins) — Well-known local dining choice offering authentic flavours for those seeking variety in their meals.
- SURAU KAMPUNG KASTAM (461m, 5-6 mins) — Closely located prayer facility providing convenience for the local Muslim community.
- MASJID AT-TAQWA (802m, 9-10 mins) — Local mosque within walking distance for regular prayers and community activities.
- VICTORY LUTHERAN CHURCH (950m, 11-12 mins) — Nearby church serving the spiritual needs of the local Christian congregation.
Published date: May 7, 2026