Maldives Residences Penang – Ideal Property Group

Maldives Residences

Maldives Residences Penang

Maldives Residences by Ideal Property Group

You’ll find: Layout, floor plan, facilities and details of this properties, including prices for sale & rent and most importantly our review for Maldives Residences.

Table of Contents

Maldives Residences Penang LOCATION

Maldive location map
Maldive traveling distance

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Who is the developer? – Ideal Property Group

Ideal Property Group

Maldives Residences, another affordable residential development by Ideal Property Group at Bayan Lepas. It is connected to Jalan Tun Dr Awang and less than 2km away from Penang International Airport. Nearby projects / building include Havana Beach Residences, Tree Sparina, The Amarene, Summerskye Residences, Lucerne Residences, The Clovers, and etc. SMJK Heng Ee Secondary School (Bayan Baru branch) is within walking distance.

This development comprises 46-storey building with 4 residential towers. It features a mix of affordable and upgraded units, with a standard built-up size of 850sq.ft. Public units are being upgraded with an additional 80sq.ft. and dual key option.

Key Features / Summary of Maldives Residences Penang Sungai Ara

Property Type

Affordable projects


FREEHOLD property


Ideal Property Group

Maintenance Fees

to be updated

Built up / Size

850 square feet + 50square feet

Date of completion

to be update

Total Units

Total 4 towers
Total level: 46
Total Unit:

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Maldives Residences Facilities

  1. Lounge with Palm Garden
  2. Courtyard Garden
  3. Herbs and Spice Garden
  4. Gymnasium
  5. Maldives Sun Deck
  6. Lounge
  7. Function Deck
  8. Mini Jogging Track
  9. Mini Lawn Bowl
  10. Children’s Playground
  11. Outdoor Camping Zone
  12. Outdoor Gym
  13. Outdoor Fitness Zone
  14. Yoga Deck
  15. Strolling Path
  16. Reflexology Path
  17. Infinity Pool
  18. Reflection Pond
  19. Water Seating
  20. Jacuzzi
  21. Water Swing
  22. Wading Pool
  23. Kid’s Pool
  24. Water Slide Deck
  25. Maldives Beaach Club
  26. The Beach Bar Counter
  27. Cabanas by the Bay
  28. Amilla Island Hut
  29. Amilla Island Cabanas
  30. Ledge Lounger (Mirihi Island)
    Beach Stage with Seashell Shape
    BBQ Pavillion with Alfresco Dining

Maldives Residences Floor plan

Maldives residences penang floor plan

Maldives Residences layout

Maldives residences penang layout

type B @ Dual key concept

Maldives Residences Selling price

Affordable unit

Type A standard 850 sq ft
RM to be updated
  • 3 Bedrooms
  • 2 Bathrooms
  • 1 Balcony

upgraded unit

Type A1 850 sq ft
RM to be updated
  • 3 Bedrooms
  • 2 Bathrooms
  • 1 Balcony

upgraded unit

Type B Dual Key Concept 850 + 80 sq ft
RM to be updated
  • 3 Bedrooms
  • 2 Bathrooms
  • 1 Balcony

Maldives Residences Penang update

Maldives Residences Penang Review

Our Analysis / Opinion

Maldives Residences consist of 4 towers/ blocks , 46 storeys

You have primary school and secondary school nearby. For access to food, you can choose Sg Ara, Bayan Baru area or SPICE. Work? Well, close to FIZ FTZ Industrial Zone. Lots of factories here.

By looking at its brochure seems that this project doesn’t comes with full tiles for common spot like bathrorom, balcony & etc. (text me / live chat me if I’m wrong)

Personally i don’t recommend to invest in affordable projects unless it is low density. But unfortunately this is Penang Island, if build something low density and cheap here it is not profitable for the developer, so … …

Don’t don’t get it wrong I’m not saying this is a bad investment, after all, I’m a human, i could be wrong. If you plan for own stay, make decision fast, materials price sky high as far as i can see, new property/ new project will only get expensive and more expensive or the size will only get smaller and smaller. Bubble? Yeah bubble for so many years. Don’t worry if bubble burst #YouAreNotAlone.

However, if you want to invest, please invest in dual keys layout. If you miss it, well… … …

to sell
Ermmm…… As far as i know … … … nowadays affordable project mostly comes with thousands of units … … … so … … is it easy to sell in the future ? You tell me.

DISCLAIMER: This article is solely based on research done using publicly available data. This is not an advertisement. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider, or party in question.

Reference: https://www.idealproperty.com.my/maldives-residences-2/ & https://www.penangpropertytalk.com/2023/01/maldives-residences/

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