Ideal Venice Residency

Jalan Lembah, Kampung Kastam, Gelugor, Penang

RM 440,000


Beds

2

Beds

Baths

2

Baths

sqft (floor)

743

sqft (floor)

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RM 592

psf (floor)


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Photos

map

Map View

Property details

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Condominium for sale
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Unfurnished
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Freehold tenure
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Listed on 18 Dec 2025
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Listing ID - 500504360
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743 sqft floor area

About this property

Bukit Gambier New Project Gelugor Condo

Bukit Gambier New Project Gelugor Condo

-Freehold
-2bedrooms, 2bathrooms
-Strategic location to Bayan Lepas / Georgetown
-Commercial under HDA title
-Complete in 2029
-743sqft and 1040sqft
Amenities
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Covered car parking

Affordability

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Mortgage breakdown
Est. monthly repayment
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0%
RM 0 Principal
RM 0 Interest
Upfront costs
Total downpayment
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RM 0 Loan amount at 0% Loan-to-value

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Ideal Venice Residency

Ideal Venice Residency is a freehold residential condominium located in the Island Glades township of Gelugor, Penang. Developed by the renowned Ideal Property Group, this project draws inspiration from the romantic architecture of Venice, Italy, offering residents a unique thematic living experience. The development is slated for completion in 2026.Inspired by the famous Italian city, Ideal Venice Residency aims to bring a European feel to Penang with architectural features that mimic the Rialto Bridge and even include classic gondolas in shallow "canals" on the facilities podium. The project consists of four 46-storey towers, housing a total of 1,632 units. These apartment towers are built atop a 6-storey parking podium, with the amenities strategically placed between the towers.Ideal Venice Residency offers standardized units with a built-up area of 850 sq. ft., featuring a practical layout of 3 bedrooms and 2 bathrooms, complete with a balcony and yard. The development has two primary layouts, Type A and Type B. Type A units are allocated under the PR1MA affordable housing scheme, while Type B units are available on the open market. 850 sq. ft. 3 Bedrooms, 2 Bathrooms. 4 towers, 46 storeys high.Residents have access to a comprehensive list of indoor and outdoor facilities located on Level 8. Outdoor amenities include a swimming pool, jacuzzi, children's pool with wet play, BBQ pavilion, basketball court, and a reflexology path. Indoor facilities feature a gym room, badminton court, games room, yoga room, community hall, and a function hall.The development boasts excellent connectivity, situated along Jalan Lembah and accessible via major arteries like Jalan Bukit Gambir, Jalan Sultan Azlan Shah, and the Tun Dr Lim Chong Eu Expressway (LCE). It is located approximately 6km from the Penang Bridge and 11km from the Penang International Airport. The Sungai Nibong Bus Terminal is about 5km away, and the Komtar Bus Terminal is 7km from the residence.Ideal Venice Residency is strategically located for families, with numerous educational institutions nearby. It is just 4km from Universiti Sains Malaysia (USM) and 6km from INTI International College Penang. Other nearby schools include Penang Free School, Chung Ling High School, SJK(C) Kwang Hwa, and SMK Bukit Jambul.For shopping and daily needs, residents are a short drive from several major retail hubs. Queensbay Mall is 9km away, Bukit Jambul Complex is 6km away, and the Tun Abdul Razak Complex (KOMTAR) is an 8km drive. Lotus's E-Gate is also conveniently located nearby.Access to healthcare is convenient, with several major hospitals within a 7km radius, including Lam Wah Ee Hospital, Pantai Hospital Penang, and Penang General Hospital.Ideal Venice Residency is a project by Ideal Property Group (a subsidiary of Ideal Capital Berhad), a reputable developer with a significant portfolio of completed residential and commercial units, particularly in Penang. The company is known for other successful projects such as Queens Residences and Imperial Grande.

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FAQs
The unit for sale in Kampung Kastam, Gelugor is RM 440,000.
No.
Jalan Lembah, Kampung Kastam, Gelugor, Penang.
The estimated loan repayment amount is RM 1,845 / mo.