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Ideal Residency key facts

Property type
Condominium
Location
Gelugor, Penang
Developer
Ideal Property Group
Completed
2024
Total units
1,218
Units listed
0 for sale, 25 for rent
Asking rent range
RM 1,500 – RM 2,200 per month
Median transacted price
RM 448,000 (JPPH, 139 sales)
Ideal Residency cover photo
Condominium

Ideal Residency

Gelugor, Penang·Ideal Property Group

For rent

RM 1,500/mo – RM 2,200/mo

Recent transactionsMedian RM 448,000 · RM 527 psf· 139 recorded · latest 2026-04

49-storey residential tower in Gelugor that received CCC in August 2024 with key handover from mid-September 2024.

Project details

Type
Condominium
Total units
1,218
Completed
2024
Developer
Ideal Property Group
Address
Jalan Lembah, Kampung Kastam, 11700 Gelugor, Pulau Pinang, Malaysia

No sale listings in Ideal Residency at the moment.

Property transactions

139 recorded sales · Sep 21 – Apr 26

MedianRM 448,000

PSFRM 527

850 sqft×120

ApartmentRM 480,000
Apr-26 · 850 sqftRM 564 psf
ApartmentRM 525,000
Aug-25 · 850 sqftRM 617 psf
ApartmentRM 520,000
May-25 · 850 sqftRM 612 psf
ApartmentRM 450,000
Apr-25 · 850 sqftRM 529 psf
ApartmentRM 508,000
Jan-25 · 850 sqftRM 597 psf
ApartmentRM 633,000
Jan-25 · 850 sqftRM 744 psf

Legend Recent Highest price Highest psf

Recorded sale prices · JPPH / NAPIC

Prices & recent transactions at Ideal Residency

Where is Ideal Residency located?
Ideal Residency is located at Jalan Lembah, Kampung Kastam, 11700 Gelugor, Pulau Pinang, Malaysia, Gelugor, Penang, Malaysia. It was developed by Ideal Property Group.
How much is rent at Ideal Residency?
25 units available to rent at Ideal Residency, from RM 1,500 to RM 2,200 per month.
What have units at Ideal Residency recently transacted for?
Across 139 JPPH-recorded transactions, units at Ideal Residency have a median transacted price of RM 448,000 (about RM 527 per sq ft), ranging RM 300,000 to RM 633,000, most recently in 2026-04.
What are the key details of Ideal Residency?
Ideal Residency has 1,218 units, completed in 2024.

Transaction figures are aggregated from JPPH records. Individual buyer and seller details are not shown.

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