2 Houses for Sale at Ideal Residency
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
Explore PropertyGuru
Drawing on 30 days of PropertyGuru search activity, the project maintains notable traction in local search behaviour, recording a 27.05% share within Kampung Kastam. Recent data places the development among the more actively browsed options in the area, reflecting a high level of visibility for those reviewing the local condominium market.
Most-searched Units: StudioPricing by Unit Types:
- 3-Bedroom Units:
- Avg Asking Price: RM 428K
- Avg PSF: RM 503 psf (9.76% higher compared to Kampung Kastam average of RM 458 psf)
- Available Units: 2
Location & Lifestyle Highlights — Ideal Residency
904m (10-11 mins) to ASTAKA TAMAN TUN SARDON — This central transit point provides a reliable connection for residents commuting across the Gelugor area and beyond.
Ideal Residency offers a practical and modern high-rise lifestyle in the heart of Penang Island, specifically designed for those who want a central home base without the premium price tag. Its location in Gelugor puts you right in the middle of established residential hubs, making it a smart choice for a balanced daily routine.
Nearby hotspots:
Bus Stops:
- ASTAKA TAMAN TUN SARDON (904m, 10-11 mins) — A key local transport node that makes getting around the neighborhood straightforward and efficient.
- KTM MOTOR (923m, 11-12 mins) — An additional nearby stop that expands your options for daily bus commuting.
- SK BUKIT GELUGOR (644m, 7-8 mins) — A very short walk for primary school students, making the morning school run stress-free for parents.
- SMK BUKIT GAMBIR (662m, 7-8 mins) — Convenient secondary education nearby allows older children to walk to school safely and independently.
- SMK DATUK HJ. MOHAMED NOR AHMAD (774m, 9-10 mins) — Another reputable secondary school option within a comfortable walking distance from home.
- KLINIK KESIHATAN IBU DAN ANAK TAMAN TUN SARDON (1016m, 12-13 mins) — Essential maternal and child healthcare services are easily accessible for young families.
- MEGA KULIM PHARMACY (1069m, 12-13 mins) — A well-stocked pharmacy nearby ensures you can quickly pick up health essentials and prescriptions.
- KLINIK PERGIGIAN TIEW (1121m, 13-14 mins) — Professional dental care services are available just a short distance away for regular check-ups.
- N.G. LIGHTING (1430m, 17-18 mins) — Handy for new homeowners looking to customize their unit with modern lighting fixtures.
- GEMBIRA PARADE (1689m, 20-21 mins) — A local retail hub that provides a variety of shops and services for your weekend errands.
- MCDONALD'S DESA UNIVERSITI (692m, 8-9 mins) — A quick and familiar dining option perfect for a late-night snack or a fast meal.
- DOMINO'S (723m, 8-9 mins) — Easy access to pizza delivery or takeaway for those busy evenings at home.
- DELIMA MAS (1041m, 12-13 mins) — A great spot to enjoy local flavors and affordable meals within the neighborhood.
- MAYBANK (1275m, 15-16 mins) — Full banking services are available nearby for all your personal and business financial needs.
- BANK SIMPANAN NASIONAL (1456m, 17-18 mins) — Provides additional banking convenience and ATM access for residents.
- 7-ELEVEN (408m, 4-5 mins) — Just a few minutes away for 24-hour access to snacks, drinks, and daily essentials.
- TREATS (1019m, 12-13 mins) — A handy stop for quick refreshments and grab-and-go items during your commute.
- SURAU KAMPUNG KASTAM (455m, 5-6 mins) — A very close prayer facility for the local Muslim community.
- MASJID AT-TAQWA (799m, 9-10 mins) — A prominent local mosque within walking distance for regular prayers and community gatherings.
- VICTORY LUTHERAN CHURCH (864m, 10-11 mins) — Nearby place of worship serving the local Christian community.
- GOVERNMENT KINDERGARTEN TAMAN TUN SARDON (614m, 7-8 mins) — Affordable early childhood education located conveniently close to the residence.
- BRAINY BUNCH - GELUGOR (1131m, 13-14 mins) — A popular preschool option providing quality early learning programs for young children.
Highly attractive for: Young Families, USM Academics, First-Time Homebuyers, and Practical Investors.
Market & Sale Insights
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: October 3, 2026





