26 Houses for Sale at Maldives Residences
Discover Maldives Residences, a new freehold condominium by the acclaimed Ideal Property Group, located in the vibrant township of Sungai Tiram, Bayan Lepas. Inspired by the iconic tropical paradise, this development brings a resort-style living experience to Penang, blending modern comforts with extensive recreational facilities. Scheduled for completion around 2027, Maldives Residences is designed for those seeking a harmonious balance between urban convenience and serene, holiday-inspired living. Maldives Residences consists of four 46-storey residential towers, housing a total of 1,665 units. The entire development is set on a 7.08-acre parcel of land, with an impressive 3.3 acres dedicated to a recreational podium and water features that evoke the feeling of a luxurious island getaway. The project's core concept is to provide an affordable, resort-like lifestyle complete with a plethora of amenities. The development offers thoughtfully designed units to cater to various needs, from young professionals to families. The layouts feature an open-plan concept for the living, dining, and kitchen areas, with each unit including a balcony. 850 sq ft, featuring 3 bedrooms and 2 bathrooms. Approximately 930 sq ft, also with 3 bedrooms and 2 bathrooms, offering flexible living arrangements perfect for multi-generational families or rental investment. Residents of Maldives Residences can enjoy a comprehensive suite of facilities designed for relaxation, fitness, and community engagement. Highlights include: Infinity Pool, Wading Pool, Jacuzzi, Water Swing, and a Water Slide Deck. A modern Gymnasium, Mini Jogging Track, Outdoor Gym, Yoga Deck, and Reflexology Path. The Maldives Beach Club, BBQ Pavilion, overwater-style Cabanas, Children's Playground, and various gardens like the Courtyard Garden and Herbs and Spice Garden. Strategically positioned along Jalan Sungai Tiram 6, the development boasts excellent connectivity. Less than 2km from Penang International Airport, making air travel exceptionally convenient. Easily accessible via major arteries like Jalan Tun Dr Awang and the Tun Dr Lim Chong Eu Expressway. A proposed LRT station is planned for the vicinity, promising enhanced future connectivity. A short drive from the Bayan Lepas Free Industrial Zone (FIZ). Families will appreciate the proximity to several educational institutions. SMJK Heng Ee (Bayan Baru branch) is within walking distance, and SJKC Chung Shan is approximately 1.3 km away. Straits International School is located just 1.5 km from the residence. INTI International College Penang and Universiti Sains Malaysia are both within an 8km radius. A variety of retail and dining options are located nearby, including Solaria Square and Summerskye Square. For major retail therapy, Queensbay Mall is 7km away, while Giant Hypermarket Bayan Baru is about a 3.5km drive. Access to medical care is readily available, with Pantai Hospital located just over 3km away and Pearl Maternity Hospital within a 5km radius. Maldives Residences is a project by Ideal Property Group, a well-regarded and major real estate developer in Malaysia with a strong track record of successful projects, including The Amarene and Summerskye Residences.
DeveloperIdeal Property Group
Explore PropertyGuru
PropertyGuru data spanning the past 30 days shows that the project maintains notable traction in local search behaviour, recording a 46.9% share within Sungai Tiram. Recent market search behaviour suggests the project remains on the radar of local property seekers, capturing a significant portion of attention in the condominium segment.
Most-searched Units: StudioPricing by Unit Types:
- 3-Bedroom Units:
- Avg Asking Price: RM 433K
- Avg PSF: RM 470 psf (8.49% lower compared to Sungai Tiram average of RM 513 psf)
- Available Units: 16
Location & Lifestyle Highlights — Maldives Residences 1963m (23-24 mins) to KLINIK KESIHATAN BAYAN LEPAS — This station provides a reliable connection for residents to navigate the wider Bayan Lepas area and reach key employment hubs. Maldives Residences brings a refreshing resort-style vibe to Sungai Tiram, offering a tropical island escape right in the heart of a bustling industrial and aviation hub. It is a perfect spot for those who want a holiday feel at home while staying close to the airport and major workplaces. Nearby hotspots: Bus Stops:
- PENANG AIRPORT (1962m, 23-24 mins) — Convenient access to the airport terminal for frequent travelers and aviation industry workers.
- KLINIK KESIHATAN BAYAN LEPAS (1963m, 23-24 mins) — Local bus links that make it easier to get around the Sungai Tiram neighbourhood.
- SMJK HENG EE BAYAN BARU CAMPUS (296m, 3-4 mins) — A very short walk for students, making the morning school run incredibly easy for families.
- SJK (C) CHUNG SHAN (1182m, 14-15 mins) — A reputable primary school option located just a quick drive or cycle away.
- STRAITS INTERNATIONAL SCHOOL (1416m, 16-17 mins) — Quality international education within close reach for parents seeking a global curriculum.
- GUARDIAN (1278m, 15-16 mins) — Handy pharmacy nearby for picking up daily health essentials and personal care items.
- KLINIK MENARA (1815m, 21-22 mins) — Accessible medical clinic for general consultations and family healthcare needs.
- SUGO VILLAGE (1375m, 16-17 mins) — A nearby retail spot for residents to handle their shopping and errands without traveling far.
- ROTI BAKAR (834m, 10-11 mins) — A great local spot for a classic breakfast or a quick snack close to home.
- JOO LEONG CAFE (934m, 11-12 mins) — Famous local eatery known for its traditional flavors and popular breakfast sets.
- SUNGAI TIRAM FISH HEAD NOODLE (1022m, 12-13 mins) — A well-loved neighborhood choice for a hearty and comforting meal.
- SHELL SELECT (945m, 11-12 mins) — Quick stop for snacks and fuel for those heading out on their daily commute.
- FAMILYMART (1278m, 15-16 mins) — Popular convenience store offering a wide variety of ready-to-eat meals and Japanese snacks.
- 7-ELEVEN (1375m, 16-17 mins) — Reliable 24-hour shop for emergency supplies and late-night needs.
- MASJID SUNGAI TIRAM (823m, 9-10 mins) — Local community mosque located within walking distance for residents.
Market & Sale Insights
Maldives Residences presents a market profile characterized by limited recent transaction volume, suggesting a tightly held or emerging residential project.
- Transactions:0 sale transactions in the last 12 months, indicating limited sale activity.
- PG Pulse Insight: Market activity for Maldives Residences currently shows limited sale transactions, reflecting a quiet period for the project's secondary market.
Published date: October 17, 2026






