203 Houses for Rent at Queens Residences Q1 @ Queens Waterfront
Queens Residences @ Queens Waterfront is an exclusive freehold development located in Bayan Lepas, Penang. Ideal Property Group was tasked with this massive undertaking of perfecting this mixed development comprising Queens Residences, Queens Sports Centre, and an International School. This development is constructed mainly on reclaimed land and is expected to be fully operational in 2022. Queens Residences consists of 4 towers, 2 of which (Q1 and Q2) are already open for sale. Q1 comprises of 500 units while Q2 has 450. Complementing this development are the international standard sports centre (which houses a velodrome, a FINA standard aquatic centre, and a 2-acre football field) and the international school, which will be ready during the final construction phase of this project. Bayan Lepas is a busy city on Penang Island. This city is one of the most developed in Penang, hosting many of Penang’s iconic projects and landmarks, such as the Penang International Airport and Queensbay Mall. Bayan Lepas is also home to the Bayan Lepas Free Trade Zone, making it a central industrial hub. The Bayan Lepas Expressway feeds into and out of the city, and local commuters can also rely on public transportation such as the Rapid Penang bus services. Some local amenities nearby Queens Waterfront include petrol kiosks, post offices, banks, clinics, and convenience stores. Queens Residences will be complemented with a wide range of top-notch amenities to suit various lifestyles. Tenants can have a relaxing stroll in the parks, linear gardens, and rooftop gardens and enjoy the evening breeze. Swimming and wading pools are available in the residences. A sports bar will be available in tower Q1, where residents can have a drink after a long day and enjoy table tennis, darts, and snooker. There’s also a 3-tier security system to safeguard the residences. The first phase of Queens Residences, Q1, consists of 500 condominium units in a 21-storey structure with a build-up area ranging from 950 sq ft to 1,650 sq ft. The ground floor and first floor of this 21-storey tower will feature commercial outlets. The available layouts for Q1 are: Type A (950 sq ft, 2 bedrooms + 2 bathrooms) Type B (1,000 sq ft, 2 bedrooms + 1 study + 2 bathrooms) Type C (1,200 sq ft, 2 bedrooms + 1 study + 2 bathrooms) Type D (1,400 sq ft, 3 bedrooms + 2 bathrooms) Type E (1,650 sq ft, 4 bedrooms + 3 bathrooms) The second phase of Queens Residences, Q2, is made of 450 condominium units in a 24-storey structure with a build-up area of 950 sq ft to 1,650 sq ft, with the Dual Key concept. Similar to Q1, the ground floor will feature a commercial zone, but the 1stfloor will be consisting of office spaces as well as a nursery. The available layout for Q2 are: Type A (950 sq ft, 2 bedrooms + 2 bathrooms + 1 powder room) Type B (1,000 sq ft, 2 bedrooms + 1 study + 2 bathrooms) Type C (1,200 sq ft, 2 bedrooms + 1 study + 2 bathrooms) Type D (1,400 sq ft, 3 bedrooms + 2 bathrooms) Type E (1,650 sq ft, 4 bedrooms + 3 bathrooms) There are 3 national school near the development that are Sekolah Kebangsaan Sungai Nibong, SMK Sungai Nibong and SJC Kwang Hwa. Universiti Sains Malaysia, one of the highest recognised local universities, is also a short drive away, providing an option for higher education. There are also many other educations institute nearby. Some of the well-known clinic nearby are Klinik Malaysia, Klinik Medicris, Klinik Zainal, Klinik Perubatan Tanah Melayu and Klinik Krystal. Queensbay Mall is within a walking distance from Queens Waterfront and there many stores within the mall such as AEON, Harvey Norman and many more. Penang is always famous for many Malaysian delicacies and there many restaurants too. Some of the restaurants near Queens Waterfront are Spink Restaurant & Lounge, Cherry Blossom Thai Restaurant Dandy Modern Food, US PIZZA, Masala Hut Authentic Indian Cuisine and Spade's Burger. Other interesting landmarks located in Bayan Lepas are the Snake Temple and the War Museum but it’s a little further from Queens Waterfront. Ideal Property Group is one of Malaysia’s leading property developers, successfully delivering high quality housing developments and earning impressive accolades such as: Asia Pacific Property Awards 2019 - 2020 Queens Waterfront Winner of Mixed-use Development Malaysia Property Insight Prestigious Developer Awards 2019 The Amarene – Winner of the ‘Best Family Centric Development’ Asia Property Awards 2019 i-Santorini – Winner of the ‘Best Mass Market Development (Penang)’ StarProperty.my Awards 2019 The Amarene – Honours Winner of ‘The Family-Friendly Award’ Housing at Queens Residences will have a launch price of RM644,999 to RM977,500, or a launch value of RM679 psf to RM815 psf.Ideal Property Group has their mark on other projects as well such as Imperial Residences @ Sungai Ara,One Imperial, Tree Sparina @ Ideal Vision Park,Fiera Vista, and One Foresta @ Bayan Lepas. Other noteworthy projects in the locale are Tropicana Bay Residences @ PWC, Setia Pinnacle, Tree Sparina @ Ideal Vision Park, One Imperial and The Clovers.
DeveloperIdeal Property Group
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The development maintains a visible presence in recent property browsing across the area, drawing on 30 days of PropertyGuru search activity. Recent search patterns show the project holding a 6.9% share of attention in the area, reflecting its standing among active rental seekers.
Most-searched Units: 2-BedroomPopular preferences: Gym, Balcony
Pricing by Unit Types:
- 2-Bedroom Units:
- Avg Asking Price: RM 4K
- Avg PSF: RM 4 psf
- Available Units: 93
- 3-Bedroom Units:
- Avg Asking Price: RM 6K
- Avg PSF: RM 4 psf
- Available Units: 51
- 4-Bedroom Units:
- Avg Asking Price: RM 7K
- Avg PSF: RM 4 psf
- Available Units: 10
Location & Lifestyle Highlights — Queens Residences Q1 @ Queens Waterfront 410m (4-5 mins) to QUEENSBAY MALL — This major transit point offers a quick and easy daily commute with reliable bus services connecting you to the rest of Penang Island. Living at Queens Residences Q1 means being part of a vibrant waterfront community where your home is just steps away from a massive sports centre and an international school. It is a unique spot in Bayan Lepas that combines the energy of a central industrial hub with the relaxing vibes of a seaside stroll. Nearby hotspots: Bus Stops (6 within 1 km):
- QUEENSBAY MALL (410m, 4-5 mins) — Main transport hub providing frequent bus services for a smooth journey across the city.
- BAY GARDEN (950m, 11-12 mins) — Convenient secondary stop for residents heading towards the southern parts of the island.
- O2 CLINIC SKIN SPECIALIST (1344m, 16-17 mins) — Professional dermatological care and wellness services located just a short drive away.
- WONG & SIM DENTAL SURGERY (1357m, 16-17 mins) — Reliable dental healthcare for the family's routine check-ups and treatments.
- VILLAGE GROCER (280m, 3-4 mins) — Premium grocery shopping right at your doorstep for fresh produce and imported goods.
- QUEENSBAY MALL (528m, 6-7 mins) — Penang's iconic shopping destination offering a massive variety of retail brands and services.
- AEON (741m, 8-9 mins) — One-stop department store that makes weekend household shopping incredibly simple.
- KENNY ROGERS ROASTER (0m, 0 min) — Immediate dining option located within the development for a quick and healthy meal.
- ZUS COFFEE (57m, 1 min) — Grab your morning caffeine fix or a quick snack just a few steps from your lobby.
- SIAMLOH MOOKATA (316m, 3-4 mins) — Great spot for a casual dinner with friends or family nearby.
- MAYBANK (718m, 8-9 mins) — Essential banking services and ATM access within a very short distance.
- HSBC (974m, 11-12 mins) — International banking facilities conveniently located for your financial needs.
- CU (48m, 1 min) — Ultra-convenient Korean mart for late-night snacks and daily essentials right downstairs.
- 7-ELEVEN (911m, 10-11 mins) — Reliable 24-hour stop for quick purchases and bill payments.
Published date: October 17, 2026













