1 House for Sale at Idaman Prestij (K-Park)
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Idaman Prestij, also known as K-Park, is a freehold apartment development situated in the tranquil town of Balik Pulau, Penang. This project is a collaborative effort between developer Ideal Property Group and the Penang State Housing Board, designed as a low-cost, affordable housing scheme to serve the local community. Completed in March 2021, the development offers residents a peaceful lifestyle surrounded by fruit farms and idyllic rice paddy fields, just a short distance from the sea. Pangsapuri Idaman Prestij is a key initiative under the state's Rumah Mampu Milik (RMM) Category A program, providing accessible homes for the B40 household income group. A significant portion of the units, 612 in total, are dedicated to the Rent-to-Own (RTO) scheme, allowing tenants to eventually become homeowners. The development consists of two 16-storey blocks that house a total of 1,175 residential units. Standard units feature a practical layout of approximately 650 sq ft, which includes 3 bedrooms and 2 bathrooms, making them suitable for small families. Facilities at Idaman Prestij are curated to provide essential conveniences for residents.24/7 Security Children's Playground Multi-purpose Hall Prayer Rooms (Surau) Jogging Track Multi-storey Car Park Idaman Prestij is located within the Taman Prestij neighbourhood and is accessible via Jalan Kuala Jalan Baru, connecting to major local routes like Jalan Balik Pulau. For those using public transport, Rapid Penang Bus 403 serves the area with stops within walking distance. The Penang International Airport is approximately an 18 km drive away, while both the Penang Bridge and the Second Penang Bridge are about 22 km from the property. The residence is situated near local educational institutions, with SJK(C) Yeok Hua just 1 km away and SK Sungai Korok approximately 1.7 km from the apartment. Residents have access to several local clinics including Klinik Desa Permatang Pasir, Klinik Desa Sungai Burung, and Klinik Desa Pondok Upeh. For more comprehensive medical services, Hospital Balik Pulau is located 6 km away. While nestled in a quiet area, daily necessities are within reach. The main supermarket for the area, TF Value-Mart Balik Pulau, is located 4.4 km away. Additionally, there is a row of new shop lots within walking distance in the adjacent Taman Prestij for convenient, quick errands. Idaman Prestij (K-Park) was developed by Ideal Property Group, a prominent Penang-based property developer, in a strategic partnership with the Penang State Housing Board to deliver affordable housing to the state's residents. Ideal Property Group has a diverse portfolio that includes other notable projects such as Ideal Venice Residency and Maldives Residences.
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The project retains a presence in recent search activity for the local market, according to PropertyGuru's 30-day search trends. This apartment development continues to draw buyer interest in the local market, maintaining its relevance among active property seekers.
Pricing by Unit Types:- SJK (C) YEOK HUA (981m, 11-12 mins) — A nearby primary school option that makes the morning school run much easier for young families.
- SJK (CINA) YEOK HUA (1001m, 12-13 mins) — Conveniently located educational facility providing accessible learning within a short walk or drive.
- SK SUNGAI KOROK (1645m, 19-20 mins) — Another local schooling choice for residents, supporting the educational needs of the growing community.
- LAKSA & HOKKIEN MEE K JALAN BAHRU (1059m, 12-13 mins) — Perfect spot to enjoy famous local Balik Pulau flavours just a short distance from home.
- NO.3 MUMMY GRILLED FISH + SEAFOOD (1120m, 13-14 mins) — Great choice for a fresh seafood dinner with the family without having to travel far.
- KEDAI KOPI (1249m, 14-15 mins) — A classic local coffee shop nearby for a quick breakfast or a casual afternoon break.
- BALIK PULAU MALAY LAKSA (1575m, 18-19 mins) — Easy access to authentic regional laksa, a must-have for food lovers in this area.
Idaman Prestij (K-Park) maintains a stable pricing environment with consistent valuation metrics over the observed period.
- PSF Appreciation: RM62.969 → RM62.969 over recent years (0%) from 2023 - 2025
- PG Pulse Insight: The project demonstrates price stability with a consistent PSF trend, reflecting a steady market position for Idaman Prestij (K-Park).
Published date: July 17, 2026




