147 Houses for Rent at Waterside Residence
Updated: 14th April 2021 Waterside Residence is a freehold condominium that was developed by IJM Land and is located at Gelugor, Penang, the. This property was completed recently in 2020 and has a total of 256 units spread across 33 floors. As the name suggests, the Waterside Residence is just a stone’s throw from the waters surrounding Penang Island. Waterside Residence is a condominium that offers understated luxury including home automation via smartphone. These smart homes will transform home efficiency and management and include an audio/video intercom system, alarm system, panic button and lobby door release. Units here are spacious and the building’s seashell shape makes Waterside Residence an icon in Penang Island. The Waterside Residence is on the easter coast of Penang Island and is easily accessible via main roads such as Jalan Pantai Sinaran. It is also close to the Tun Dr Lim Chong Eu Highway and just a short distance from the Penang Bridge that connects Penang Island and Peninsular Malaysia. It is also not far from the Second Penang Bridge and the Penang International Airport. Waterside Residence is a condominium on the eastern side of Penang. There are a total of 256 units here. Unit configurations are as follows:Type A - 2 bedrooms, 2 bathrooms (1,055 square feet)Type B - 2 bedrooms, 2 bathrooms (1,055 square feet)Type C - 2 bedrooms, 2 bathrooms (1,076 square feet)Type D - 3 bedrooms, 2 bathrooms (1,249 square feet)Type E - 3 bedrooms, 2 bathrooms (1,249 square feet)Type F - 3 bedrooms, 2 bathrooms (1,270 square feet)Waterside residence offers residence numerous facilities including a gymnasium room, game room, Aeroyoga room, a reading room. There is also a swimming pool and a pool deck and jacuzzi. Children can head over to the playground and wading pool. There is also a barbeque area where residents can have a cookout. 24 hours security is available to ensure the safety of residents. Waterside Residence is surrounded by a handful of education options. National schools nearby include SMK Chung Hwa Confucian, SMK Hamid Khan, SRJK(C) Jelutong, and SK Sg. Gelugor. Private and international schools nearby include Wesley Methodist School Penang and Tenby Schools Penang. If medical attention is needed, the Penang General Hospital, Georgetown Specialist Hospital and Lam Wah Ee Hospital are all just a short drive away. There are also numerous clinics nearby. Shopping malls such as the Bukit Jambul Complex, Pan Palace Plaza and the Popular Queensbay Mall are all close by. In addition to Tesco Gelugor, there are also smaller supermarkets such as 99Speedmart located in the vicinity. Penang has always been known for its delicious food and Gelugor is no exception. Restaurants and eateries that are in this area include the Villa Vinos Tapas and Wine Bar, Al Shami Restaurant, Middle Eastern Cuisine Penang, and Aunty Q Kitchen & Bar. For more mouth-watering food in Gelugor, check out this link. If you or your family members are sports fans, Waterside Residence is near the Kompleks Belia dan Sukan Pulau Pinang. The Bukit Jambul Golf Club is also jus a short drive away. There are plenty of jobs in Penang as tourists from all over the world come to Penang to experience its wonderful culture and enjoy its good food. For jobs that are in Gelugor, check out this link. IJM Land Berhad is an established developer in Malaysia with an excellent track record. Developments by IJM Land Berhad can be seen across Malaysia including in KL, Johor, Sabah and Sarawak as well as in China and the United Kingdom. They have won many awards including the prestigious FIABCI Prix d’Excellence Award. Other projects by IJM Land Berhad in Penang include The Terraces Condominium, Permatang Sanctuary and UDINI Square. The project was launched in the price range of RM 725,000 to RM 921,000. For more properties in this price range, check out this list. To those who are looking to live a luxurious lifestyle, look no further than the units for sale in Waterside Residence. The different unit layouts available are suitable for you, no matter if you are a single individual or a small family. Investors of this project can renovate and remodel the units and put them up for rent as homestay or Airbnb.
DeveloperIJM Land Berhad
Explore PropertyGuru
Recent search data shows the project remains relevant to active rental seekers in the area, drawing on 30 days of PropertyGuru search activity. This development continues to draw rental interest in the local market, maintaining a steady presence among those exploring available condominium options.
Pricing by Unit Types:- 2-Bedroom Units:
- Avg Asking Price: RM 3K
- Avg PSF: RM 3 psf
- Available Units: 89
- 3-Bedroom Units:
- Avg Asking Price: RM 4K
- Avg PSF: RM 3 psf
- Available Units: 56
- 5+ Bedroom Units:
- Avg Asking Price: RM 5K
- Avg PSF: RM 4 psf
- Available Units: 1
- THE LIGHT (390m, 4-5 mins) — Very convenient for residents to hop on local buses just a short walk from the lobby.
- JABATAN LAUT WILAYAH UTARA (660m, 7-8 mins) — Provides additional route options for those commuting along the coastal road.
- SJK (TAMIL) SUBRAMANIYA BARATHEE (1020m, 12-13 mins) — A nearby primary education option for families with young children.
- SK GELUGOR (1250m, 14-15 mins) — Established local school that is easily accessible for morning school runs.
- KIDILAND MONTESSORI (1418m, 17-18 mins) — Offers early childhood education programs within a reasonable distance for parents.
- PERTAMA CLINIC (1057m, 12-13 mins) — Handy for quick medical consultations and general health check-ups.
- ROHANI DENTAL SURGERY (1058m, 12-13 mins) — Nearby dental care services to keep up with regular family appointments.
- PENAWAR CLINIC 24HRS (1198m, 14-15 mins) — Peace of mind for residents with round-the-clock medical assistance available nearby.
- HALALAN TOYYIBA MART (1039m, 12-13 mins) — A useful spot for picking up daily groceries and household essentials.
- JAYA RESTAURANT (GELUGOR) (1187m, 14-15 mins) — A local favourite for a quick and satisfying meal close to home.
- ASTAKA JALAN AKUARIUM (1278m, 15-16 mins) — Offers a variety of local food stalls for residents who enjoy traditional hawker fare.
- BANK SIMPANAN NASIONAL (1002m, 12-13 mins) — Provides essential banking services and ATM access within the Gelugor area.
- MAYBANK (1198m, 14-15 mins) — Another reliable banking option for managing personal finances and transactions.
- KEDAI D-LIMA (1020m, 12-13 mins) — Perfect for grabbing small items or snacks without having to drive to a mall.
- 7-ELEVEN (1232m, 14-15 mins) — Reliable 24-hour convenience for late-night needs or quick refreshments.
- MASJID SUNGAI GELUGOR (1040m, 12-13 mins) — A prominent local mosque serving the spiritual needs of the community.
- BRAINY BUNCH - GELUGOR (1559m, 18-19 mins) — An alternative early learning centre focusing on holistic child development.
- B06 GUEST HOUSE (1836m, 22-23 mins) — Located near the university precinct, making it a strategic point for visiting academics or students.
Highly attractive for: Young Professionals, Tech-Savvy Investors, Small Families, Coastal Lifestyle Seekers
Published date: June 17, 2026
















