My Property Deals by Scott Seow

My Property Deals

Lucerne Residence – Ideal Property Group

lucerne residence facilities

Lucerne Residence

You’ll find: Video (coming soon), Layout, floor plan, facilities and details of this properties, including prices for sale & rent and most importantly our review for Lucerne Residence.

Table of Contents

Lucerne Residence LOCATION

Bayan Lepas new project 2022

If you need help to let (rent) or to sell your property please click here or WhatsApp us

Who is the developer? – Ideal Property Group

Ideal Property Group

Lucerne Residences, a new project in Ideal Vision Park by Ideal Property Group in Bayan Lepas, Penang launched in year 2022. It is located along Jalan Tun Dr. Awang, adjacent to The Amarene condominium. It is just a short drive to Penang International Airport and Straits International School.

Property Type

Residential condominium


Lucerne Residence at Ideal Vision Park, Sungai Ara, Penang by Ideal Property Group is a FREEHOLD property


Ideal Property Group

Maintenance Fees of Lucerne Residence


Built up / Size

2 main size from 1,100 sq ft to 1,200 sq ft

Date of completion

estimated 2026-2027

Total Units

Total 2 towers
Total level: 38
Total Unit: 480

This upcoming development will see two blocks of 36-storey condominium featuring a European living concept. It will offer 480 residential units with a 5-storey parking podium. The layout / size of Lucerne Residence consist of built-up size from 1,100 sqft & 1,200 sq ft., with an indicative selling price of RM663,000 onwards. There will also be 87 units of shop offices.

Lucerne Residence Facilities

lucern residence facilities floor plan
lucerne residences bayan lepas

Lucerne Residence Floor plan

lucern residence floor plan

Lucerne Residence layout

lucerne layout plan

Type B 1,100 square feet

3+1 bedrooms

RM 660k onward

lucerne residence layout

Type A @ 1,200 Sq Ft

3 bedrooms

Dual Key Concept 

approx. RM 720k onwards

Lucerne Residence unit for sale

Type B

1,100 sq ft
RM 660,000+
  • 3+1 Bedrooms
  • 2 Bathrooms
  • Balcony
  • FREE S&P Legal Fees
  • FREE Loan Legal Fees

Type A

1,200 sq ft
RM 720,000+
  • 3 Bedrooms
  • 2 Bathrooms
  • Dual Key Concept
  • Balcony
  • FREE S&P Legal Fees
  • FREE Loan Legal Fees

Get e-Brochure for Lucerne Residence

Lucerne Residence Review

Our Analysis / Opinion

Lucerne Residence is a good location if you’re already get used to Bayan Lepas or you’re working at Bayan Lepas area. Plenty of amenities are around. Of course Bayan Lepas is still quite cheap compared to other area of Penang Island.

Quality wise based on past project of developer I would say average. Ideal is really good in spending money to create facilities & landscape that is widely acceptable which is not so good and not so bad. (I can’t say luxury quality nor low quality, if you get what I mean) 

A big no if you’re planning to buy and flip here in Sungai Ara. This area no longer suitable for buy and flip strategy, not at least within these 3 to 5 years. (Personal estimation)

Not saying this is a bad project, it is not suitable if you plan to buy and flip upon VP.

Rental return in terms of ROI would be just around 2% +/- based on comparison to surrounding condominium as at June 2022. (kinda low, yes i know)

Since the ROI in terms of rental is about 2% +/- , you do the math and you’ll know if this is a great location if you 

I have to say it is getting harder and harder to own a property now due to inflation. No doubt Malaysia Boleh which is a fact that we already know. So please don’t complain why so expensive bla bla bla unless end of the world otherwise new project is almost impossible getting cheaper and cheaper.

Overall my conclusion for this project is that if you’re looking only for a brand new house at Bayan Lepas and your budget is 600k to 700k, this is it, not much choices for you.

Showroom photo

Like this article? Share it to your friends.

Share on Facebook
Share on Linkedin
Share Via WhatsApp
Share on Telegram

Leave a Reply

Your email address will not be published. Required fields are marked *

Scott Seow

Scott Seow

+6018-466 8066

I will be back soon

Scott Seow
Greetings, just click on any button below to have a chat with me.

I usually reply within 3 minutes from 10am to 10pm except if I'm driving or having appointment.

Call me if you need immediate response.

Looking forward to serve your need.
Start Chat with:
chat Click here to chat
Chian Na Ng

Just left us a 5 star review

A big thank you to Scott for the exceptional service! He is knowledgeable about the market and even went above and beyond to find properties that matched my criteria. I would highly recommend Scott to anyone in need of a top-notch property consultant. Thank you again for your hard work!

He is currently now my best property consultant which he has so much knowledge and ideas to share with you regarding to properties. He can answer most of the question fast and useful. If you have a very compicated question,find him, his answer will never goes wrong. Super responsive and kind-hearted

Very approachable and provided fast response and advice!

Trustworthy, Fast action, Super patience with customers' enquiries. He even replied my message in the midnight 1AM 😂 Scott 's superb service surely beyond your expectation. Highly recommended for those who need a reliable agent. 👍

Professionally analyse and share the review. Appreciate for helping making decision.

Funny, helpful and very informative guy! 👍🏻

He was very polite and kind to me, who didn't know anything. Thanks to that, I can live with peace of mind. Thanks to you, I'm comfortable.

Fast respond and unbiased about giving feedback

Scott is a friendly, helpful and patient agent. He provided useful and detailed information that helped me to make the right decision on property. For me he is highly recommended.

Scott has been managing my City of Dreams unit in Penang for nearly a year. He is a very professional and reliable estate agent. Highly recommended!