3 Houses for Sale at Ideal Residency
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Ideal Residency, also known as Residensi Bukit Gelugor, is a freehold affordable condominium strategically positioned in the heart of Penang Island's Gelugor area. Developed by Ideal Property Group, this project offers modern homes with comprehensive facilities and excellent connectivity, slated for completion in the first quarter of 2025. This development consists of a single 49-storey tower housing 1,218 residential units. The standard unit layout features a practical built-up area of 850 sq. ft., comprising 3 bedrooms and 2 bathrooms, making it an excellent choice for individuals, couples, and families. Some unit variations may offer sizes up to 928 sq. ft. Residents of Ideal Residency can enjoy a wide array of recreational and lifestyle amenities designed for a complete living experience. Facilities include a swimming pool, jacuzzi, gymnasium, a 100m indoor running track, jogging track, outdoor gym, yoga deck, and courts for badminton and basketball. The development features a BBQ pavilion, children's playground, children's play pool, a community hall, and a co-working space. Ideal Residency boasts a strategic location with convenient access to major routes and landmarks. Situated near the junction of Jalan Bukit Gambier and Jalan Lembah for easy travel. The property is approximately 5.1 km from the Penang Bridge and 11.3 km from Penang International Airport. A bus stop is located just 50 metres away, served by Rapid Penang routes 206 and 302. The Sungai Nibong Express Bus Terminal is also located nearby for long-distance travel. The residence is ideal for students and academics, being located less than 2km from Universiti Sains Malaysia (USM). Other nearby schools include SK Bukit Gelugor and SMK Bukit Gambir. Access to medical services is convenient, with several facilities in the vicinity.Hospital Lam Wah Ee (2.9 km away). Klinik Desa Gelugor. Taman Tun Sardon Market (950m away). Lotus's E-Gate hypermarket is a short drive away at 3.1 km. Queensbay Mall is also mentioned as being nearby, providing extensive retail and entertainment options. Ideal Residency is a project by Ideal Capital Venture Sdn. Bhd., a subsidiary of the well-established and large-scale developer, Ideal Property Group, known for developing numerous successful projects across Malaysia.
DeveloperIdeal Property Group
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Recent search data shows the project remains relevant to active buyer seekers in the area, drawing on 30 days of PropertyGuru search activity. This development continues to maintain a presence in recent search activity for the local market, reflecting its ongoing role in the current property landscape.
Pricing by Unit Types:- 3-Bedroom Units:
- Avg Asking Price: RM 469K
- Avg PSF: RM 541 psf (13.54% higher compared to average of RM 476 psf)
- Available Units: 3
- ASTAKA TAMAN TUN SARDON (686m, 8-9 mins) — Handy local stop that connects you easily to the surrounding Gelugor area.
- KTM MOTOR (934m, 11-12 mins) — Additional bus route options for those commuting towards the city or industrial zones.
- SK BUKIT GELUGOR (651m, 7-8 mins) — A very short walk away, making the morning school run much easier for parents and children.
- SMK BUKIT GAMBIR (774m, 9-10 mins) — Convenient secondary school option located within the immediate neighbourhood.
- SMK DATUK HJ. MOHAMED NOR AHMAD (785m, 9-10 mins) — Another nearby choice for families with teenage children looking for local schooling.
- KLINIK KESIHATAN IBU DAN ANAK TAMAN TUN SARDON (797m, 9-10 mins) — Essential maternal and child healthcare services located just a quick drive or walk away.
- SITI CLINIC (1122m, 13-14 mins) — Accessible medical consultation for general health needs and family check-ups.
- MEGA KULIM PHARMACY (1181m, 14-15 mins) — Nearby pharmacy for quick access to prescriptions and healthcare supplies.
- HALALAN TOYYIBA MART (1587m, 19-20 mins) — Local mart for picking up daily groceries and household essentials.
- GEMBIRA PARADE (1801m, 21-22 mins) — A neighbourhood retail hub providing various services and shopping options for residents.
- MCDONALD'S DESA UNIVERSITI (803m, 9-10 mins) — Familiar quick-service dining perfect for a fast meal or late-night snack.
- DOMINO'S (835m, 10-11 mins) — Easy takeaway or delivery option for family pizza nights at home.
- PASSIONS OF KERALA (862m, 10-11 mins) — Popular local spot for authentic flavours and a great dining experience nearby.
- MAYBANK (1286m, 15-16 mins) — Full-service banking facilities for managing personal finances and business needs.
- BANK SIMPANAN NASIONAL (1467m, 17-18 mins) — Convenient branch for local banking services and transactions.
- 7-ELEVEN (517m, 6-7 mins) — Just a few minutes away for 24-hour snacks, drinks, and emergency supplies.
- TREATS (1030m, 12-13 mins) — Handy stop for quick refreshments and daily essentials on the go.
- SURAU KAMPUNG KASTAM (466m, 5-6 mins) — Very close by, providing a convenient place for daily prayers for the Muslim community.
- MASJID AT-TAQWA (581m, 6-7 mins) — Within easy walking distance for Friday prayers and community gatherings.
- VICTORY LUTHERAN CHURCH (976m, 11-12 mins) — Local place of worship serving the Christian community in the area.
- GOVERNMENT KINDERGARTEN TAMAN TUN SARDON (259m, 3-4 mins) — Extremely close early education option for young families with toddlers.
- TABIKA KEMAS TAMAN TUN SARDON (681m, 8-9 mins) — Reliable local pre-school choice within a short distance from the residence.
IDEAL RESIDENCY currently shows limited transaction activity, reflecting a quiet market phase for the project.
- Transactions: 0 sale transactions in the last 12 months, indicating limited sale activity.
- PG Pulse Insight: The project currently exhibits limited sale activity, suggesting a period of holding or low market turnover.
Published date: August 3, 2026