48 Houses for Rent at University Place (Plaza Ivory)
University Place (Ivory Plaza) is a freehold development with an outstanding design and construction. It is exactly situated in Halaman Bukit Gambir, Penang. The development of the University Place (Ivory Plaza) was done by the Ivory Properties Group in the year 2004. It is one of the top most wanted place to live in the Penang island because of its outstanding location and the amenities present in the area. University Place (Ivory Plaza) offers a great living experience not just to residents but also to those people who come to visit its market. Everything is available in this development and it can be considered as a self-sufficient development. A proper market is present below the apartments in the University Place (Ivory Plaza). A multipurpose hall is also available in the University Place (Ivory Plaza). The residents can also enjoy their time in the lounge with their friends whenever they are free. Sauna and surau facility is provided to the residents in the University Place (Ivory Plaza). There is a launderette facility as well provided in the market below of the University Place (Ivory Plaza). Inside University Place (Ivory Plaza), there is a basketball court, a gymnasium, a swimming pool and a jogging track so that the residents can live healthy. University Place (Ivory Plaza) competes with all the major highly in demand properties of the area, so the development company provided the residents with everything in the University Place (Ivory Plaza). Security is also very tight and trained security professionals are present to guard the development 24 hours. Parking is also provided to the residents of the University Place (Ivory Plaza). University Place (Ivory Plaza) has a great accessibility especially for bus and taxis. It can be accessible from a multiple location in Penang island. The residents can go anywhere as well because the bus stop is just in front of the University Place (Ivory Plaza). Since, the University Place (Ivory Plaza) is just adjacent to the University Sains Malaysia, private transportation services such as Grab is always present 24 hours a day in the area. Connectivity of the area is very easy and people from all over the Penang want to live in this area. Residents can also use the Jalan Bukit Gambier to move to any location and access the University Place (Ivory Plaza). Schools and universities are also present very near to the University Place (Ivory Plaza). As discussed before, University Place (Ivory Plaza) is located just adjacent to the University Sains Malaysia. There is a kindergarten school as well present in the University Sains Malaysia for the children of the residents. Other than that Elizabeth ballet Academy and SMK Bukit Jambul are also present near to the University Place (Ivory Plaza). Shopping spots are very near to the University Place (Ivory Plaza). Residents can go to the Queensbay Mall and Bukit Jambul Plaza very easily just within few minutes. Tesco Extra is also very near to the University Place (Ivory Plaza) just 5 minutes drive away from the development. Mosque is also present just below the development, in the University Sains Malaysia and next to the University Sains Malaysia as well. For enjoy food, the residents can just come to the ground floor and enjoy all kind of Indian, Arabic, Indonesian, Malaysian and Pakistani food. University Place (Ivory Plaza) is also very famous for its food point. Residents from the nearby location come to eat food at the University Place (Ivory Plaza). It is a high density development and is always full of people. University Place (Ivory Plaza) also known as the Ivory Plaza is a high rise development. It has 29 floors and there are 247 residential units with different designs. The covered area of the units is in between 900 sq ft and 1000 sq ft. The units in the University Place (Ivory Plaza) have can be purchased within the price of RM 428,000 and RM 850,000. It is one of the highest in demand property of the Penang Island. People from the University Sains Malaysia love to live in it because of its proximity to the university. They can just walk to the University Sains Malaysia and reach their destination in few minutes. The rental of the furnished apartment is very attractive and it starts from RM 1300 per month. Rental of a non furnished flat starts from RM 1000 per month.Project Name: University Place (Plaza Ivory)Configuration: 247 residential unitsThe following projects are by the same developer as University Place (Plaza Ivory):The Peak ResidencesBirch Regency – Times SquareThe View CondominiumBirch The Plaza – Times SquareThe following developments are in the same neighbourhood as University Place (Plaza Ivory):The Tamarind @ Seri Tanjung PinangQuaysideMarinox Sky VillasAll Seasons ParkMira Residence
DeveloperIvory Properties Group Sdn Bhd
Explore PropertyGuru
The development continues to feature in recent search behaviour across the local market, drawing on 30 days of PropertyGuru search activity in Sunway Bukit Gambier. This project maintains notable traction in local search behaviour, recording a 40.98% share within the township.
Most-searched Units: 2-BedroomPricing by Unit Types:
- Room Rental Units:
- Avg Asking Price: RM 700
- Avg PSF: RM 2 psf (52% higher compared to Sunway Bukit Gambier average of RM 2 psf)
- Available Units: 1
- 2-Bedroom Units:
- Avg Asking Price: RM 2K
- Avg PSF: RM 2 psf (0% higher compared to Sunway Bukit Gambier average of RM 2 psf)
- Available Units: 1
- 3-Bedroom Units:
- Avg Asking Price: RM 2K
- Avg PSF: RM 2 psf (0.86% higher compared to Sunway Bukit Gambier average of RM 2 psf)
- Available Units: 23
Location & Lifestyle Highlights — University Place (Plaza Ivory)
489m (5-6 mins) to RST BUS STATION — This nearby transport hub provides a reliable link for residents and students to navigate around the island and reach key areas easily.
University Place offers a practical, self-contained lifestyle where daily essentials and a vibrant food scene are right at your doorstep, making it a favorite for those who value being in the heart of the Bukit Gambir academic hub. Its unique position adjacent to Universiti Sains Malaysia creates a lively atmosphere with a mix of convenience and community spirit that is hard to find elsewhere.
Nearby hotspots:
Bus Stops (8 within 1 km):
- RST BUS STATION (489m, 5-6 mins) — A primary transit point that makes daily commuting simple and straightforward for those without a car.
- DESASISWA INDAH KEMBARA;PADANG KAWAD (679m, 8-9 mins) — Extra bus options nearby provide more flexibility for traveling across the neighborhood.
Education & Early Learning:
- SMK BUKIT JAMBUL (1177m, 14-15 mins) — A reputable secondary school located within a short drive or moderate walk for local families.
- SJK (CINA) KEONG HOE, SUNGAI DUA (1531m, 18-19 mins) — A well-known primary school option serving the educational needs of the surrounding community.
- ELIZABETH BALLET ACADEMY (1736m, 20-21 mins) — Specialized dance education nearby offers great enrichment opportunities for children and hobbyists.
Healthcare & Wellness:
- JABRA SERVICE CENTRE (173m, 2-3 mins) — Very close proximity to health-related services ensures quick assistance for minor needs.
- USM NATIONAL POISON CENTRE J15 (1235m, 14-15 mins) — Access to specialized medical information and services within the university grounds.
- NIBONG PHARMACY (1266m, 15-16 mins) — A handy spot for residents to pick up prescriptions and daily health supplies.
Shopping & Retail:
- IVORY PLAZA (128m, 1-2 mins) — Immediate access to shops and services right below the residence for ultimate everyday convenience.
- THE PALAZZIA (864m, 10-11 mins) — A nearby commercial hub providing more variety for shopping and professional services.
- LOTUS'S (1286m, 15-16 mins) — Large-scale grocery shopping and household needs are easily met at this major retail outlet.
Dining & Food:
- NAZRI CAFE TOMYAM (0m, 0 min) — Authentic local flavors are available literally at your doorstep for a quick and tasty meal.
- ALFRESCO COFFEE (61m, 1 min) — A perfect spot just a few steps away for a morning caffeine fix or a casual meet-up.
- NASI KANDAR ISTEMAWA (141m, 1-2 mins) — Famous local fare is just a short stroll away, perfect for those who love Penang's food culture.
Convenience Stores:
- 7-ELEVEN (152m, 1-2 mins) — Round-the-clock access to snacks and essentials just a minute or two from home.
- ARENA MART (871m, 10-11 mins) — Another useful option for grabbing quick groceries without having to travel far.
Places of Worship:
- SURAU IVORY PLAZA (48m, 1 min) — Prayer facilities are conveniently located within the immediate development area.
- MASJID TAMAN PEKAKA (1061m, 12-13 mins) — A larger community mosque situated within a short distance for regular congregational prayers.
Universities:
- K14 PUSAT SUKAN DAN REKREASI (665m, 7-8 mins) — Easy access to sports and recreational facilities within the USM campus area.
- DESASISWA INDAH KEMBARA (L05) (703m, 8-9 mins) — Close proximity to the university residential zones, ideal for those working or studying at USM.
Highly attractive for: University Students & Faculty, Savvy Rental Investors, Young Families, and Urban Commuters.
Published date: November 3, 2026





















