Idaman Prestij (K-Park), Balik Pulau, Penang

Pangsapuri Idaman Prestij is a freehold apartment in Balik Pulau, Penang. Also recognised as K-Park, it is a low-cost housing project developed by Ideal Property Group in conjunction with the Penang State Housing Board. It features 1,175 units across two 16-storey blocks, with standard built-ups of 650 sq ft (3 bedrooms, 2 bathrooms).

Tucked away in a quiet corner of peaceful Balik Pulau, Pangsapuri Idaman Prestij is a low-cost housing development surrounded by fruit farms, idyllic rice paddy fields – and just a stone’s throw away from the sea.

In addition to its peaceful ambience, residents of Pangsapuri Idaman Prestij benefit from modern apartment layouts at an accessible price point, courtesy of the affordable housing scheme. Under this scheme, Pangsapuri Idaman Prestij is placed under Rumah Mampu Milik (RMM) Category A – which are homes priced at RM42,000 for the B40 segment with a household income of RM2,500 and below.

Located within the Taman Prestij neighbourhood, this project is accessible via Jalan Kuala Jalan Baru, which links residents to surrounding areas via Jalan Baru, Jalan Sungai Pinang, and Jalan Balik Pulau. Meanwhile, those travelling via bus can take Rapid Penang Bus 403, whose route features multiple stations within walking distance along Jalan Kuala Jalan Baru.

The Penang Bridge and Sultan Abdul Halim Muadzam Shah Bridge (Second Penang Bridge) are both approximately 22 km away, while Penang International Airport is just an 18 km drive from the property.

Pangsapuri Idaman Prestij comprises 1,175 units across two 16-storey blocks in Balik Pulau. Of these units, 612 have been dedicated as affordable homes under the Rent-to-own (RTO) housing scheme. Each RTO unit comes with a standard built-up of approximately 650 sq ft with 3 bedrooms and 2 bathrooms, ideal for couples and growing families.

Facilities in this development include 24/7 security, prayer rooms, a multi-purpose hall, and an outdoor children’s playground.

SJK(C) Yeok Hua is conveniently located just 1 km walking distance from the property, while SK Sungai Korok is approximately 1.7 km away. Other local schools in Balik Pulau include SMK St. George, SK Balik Pulau, SMK Seri Balik Pulau, SMK Pondok Upeh, and SJK(C) Tar Thong. For students seeking an international education, head to the prestigious Prince of Wales Island International School (POWIIS) – located just 5.4 km away.

Aside from a nearby vocational college in Balik Pulau, tertiary-level students can also head across the island to attend Universiti Sains Malaysia (USM), located about 20 km away in Gelugor.

Residents here are well-served by Balik Pulau Hospital, a government hospital situated just 6 km away in the town centre. Additionally, residents can also look forward to an upcoming private specialist hospital in Bandar Baru Air Putih, which is set to open its doors in 2025. In the meantime, more comprehensive medical care can be obtained at hospitals such as Island Hospital Penang (30 km) in Georgetown.

TF Value-Mart Balik Pulau is the region’s main commercial supermarket, located just 4.4 km away from this apartment. Otherwise, Balik Pulau Market (7 km) offers affordable local produce and necessities alongside a variety of hawker fare. Popular shopping malls such as Queensbay Mall are mostly situated on the other side of the island.

For a quick eat that’s within walking distance, Taman Prestij houses a row of brand-new shop lots along Jalan Kuala Jalan Baru. Popular brands such as ZUS Coffee, KFC, Starbucks, and Coffee Bean can be found around TF Value-Mart in Botanica Balik Pulau – a short 4 km away.

Known for its laid-back scene, the west coast is home to attractions such as Pantai Pasir Panjang, Countryside Stables Penang, Penang National Park, and various farms and orchards including Audi Dream Farm.

Balik Pulau has historically been known for its agriculture and more recently, tourism activities. For those in engineering, manufacturing, tech, and industrial sectors; the Bayan Lepas Free Trade Zone (FTZ) is a major hi-tech industrial zone approximately 20 km away. Home to multinational companies in the Electrical and Electronics (E&E) sector such as Bosch, Dell, and Hewlett-Packard, this duty-free industrial area is strategically located next to Penang International Airport and has played a pivotal role in skyrocketing Penang to the ‘Silicon Valley of the East’ it is today.

This apartment was developed by Ideal Property Group in conjunction with the Penang State Housing Board. Ideal Property Group was first incorporated in 1979 and is the property development arm of Ideal Capital Berhad, who is also involved in heavy machinery, equipment, and international spare part trading. In 2014, the company ventured into property development and is now a leading property development company in its home base of Penang.

For other developments in Penang by Ideal Property Group, see Ideal Venice Residency, Maldives Residences, and Lucerne Residences.

This project was launched in 2018 and completed with Certificate of Completion and Compliance (CCC) in March 2021.

Pangsapuri Idaman Prestij comprises two apartment blocks with a multi-storey parking structure in between. Outdoor visitor parking is also available around the perimeter. The development is located next to the Taman Prestij neighbourhood which houses a mixture of landed homes, retail shops, and a medium-cost apartment named P3 (Prestij III) Residence.

Standard units here are sized at 650 sq ft and come with 3 bedrooms, 2 bathrooms. While no balcony or foyer is provided, certain units enjoy the addition of an outdoor yard for ease of laundry. For those who cook frequently, layouts here come with a closed floor plan whereby the kitchen is separated from the living area.

Under the Penang State Government’s Rent-to-Own (RTO) scheme, standard units in this project are priced from RM42,000. Units with larger built-ups that do not fall under this scheme may come with a higher price tag, depending on the built-up. Please contact your property agent for the most up-to-date pricing information.