157 Houses for Rent at Ideal Residency, Gelugor, Penang
Ideal Residency, also known as Residensi Bukit Gelugor, is a freehold affordable condominium strategically positioned in the heart of Penang Island's Gelugor area. Developed by Ideal Property Group, this project offers modern homes with comprehensive facilities and excellent connectivity, slated for completion in the first quarter of 2025. This development consists of a single 49-storey tower housing 1,218 residential units. The standard unit layout features a practical built-up area of 850 sq. ft., comprising 3 bedrooms and 2 bathrooms, making it an excellent choice for individuals, couples, and families. Some unit variations may offer sizes up to 928 sq. ft. Residents of Ideal Residency can enjoy a wide array of recreational and lifestyle amenities designed for a complete living experience. Facilities include a swimming pool, jacuzzi, gymnasium, a 100m indoor running track, jogging track, outdoor gym, yoga deck, and courts for badminton and basketball. The development features a BBQ pavilion, children's playground, children's play pool, a community hall, and a co-working space. Ideal Residency boasts a strategic location with convenient access to major routes and landmarks. Situated near the junction of Jalan Bukit Gambier and Jalan Lembah for easy travel. The property is approximately 5.1 km from the Penang Bridge and 11.3 km from Penang International Airport. A bus stop is located just 50 metres away, served by Rapid Penang routes 206 and 302. The Sungai Nibong Express Bus Terminal is also located nearby for long-distance travel. The residence is ideal for students and academics, being located less than 2km from Universiti Sains Malaysia (USM). Other nearby schools include SK Bukit Gelugor and SMK Bukit Gambir. Access to medical services is convenient, with several facilities in the vicinity.Hospital Lam Wah Ee (2.9 km away). Klinik Desa Gelugor. Taman Tun Sardon Market (950m away). Lotus's E-Gate hypermarket is a short drive away at 3.1 km. Queensbay Mall is also mentioned as being nearby, providing extensive retail and entertainment options. Ideal Residency is a project by Ideal Capital Venture Sdn. Bhd., a subsidiary of the well-established and large-scale developer, Ideal Property Group, known for developing numerous successful projects across Malaysia.
DeveloperIdeal Property Group
Explore iProperty
Ideal Residency is a unknown condominium in Gelugor, Penang. There are currently 98 listing(s) available for rent on iProperty Malaysia. The listings start from RM2K for units with 750 sqft.
You can search for other projects within Gelugor such as The Light Linear, I-Regency Condominium (Ideal Regency), and The Uban Residence. Find your ideal properties, contact verified agents, and compare prices only with iProperty Malaysia.
The iProperty Take on Renting Ideal Residency
Roughly 2 in 10 property searches in Kampung Kastam over the last 30 days were for Ideal Residency. The 3-Bedroom configuration is the most-searched unit type among the 129 total units currently available for rent. Monthly asking rents for 3-Bedroom units sit well below the Kampung Kastam average.
Top Amenities & Facilities at Ideal Residency
Ideal Residency provides a selection of essential facilities designed to support the daily needs and lifestyle of its residents. These amenities offer spaces for recreation, fitness, and convenience within the development.
- Swimming pool
- Playground
- BBQ
- Parking
- Gym
Pricing by Unit Type
- 3-Bedroom
- Average asking rent: RM 2K / month
- vs. Kampung Kastam avg. rent: RM 3K / month (43.86% below average)
- Positioning: Budget-friendly.
- Listings: 125
Neighbourhood at a Glance
Ideal Residency is located within walking distance of essential services including a 7-Eleven and local educational facilities. This location provides renters with direct access to daily necessities and public transport options in the Kampung Kastam area.
- TRANSPORT: Astaka Taman Tun Sardon Bus Stop, 904 m (11 minutes walking distance)
- HEALTHCARE: Klinik Kesihatan Ibu Dan Anak Taman Tun Sardon, 1 km (12 minutes walking distance)
- EDUCATION: Government Kindergarten Taman Tun Sardon, 614 m (7 minutes walking distance)
- FOOD & BEVERAGE: Mcdonald's Desa Universiti, 692 m (8 minutes walking distance)
- CONVENIENCE STORE: 7-Eleven, 408 m (5 minutes walking distance)
Who It's For
Young Families
3-Bedroom units are priced well below the Kampung Kastam average, providing a family-sized rental option. Government Kindergarten Taman Tun Sardon is 614 m away, a 7-minute walk, which helps keep school-run logistics simple. On-site facilities such as a gym, multi-purpose hall, and a playground provide children and parents with convenient spaces for recreation.
Ready to Move In?
126 homes are currently available to rent at Ideal Residency, from RM1,450 to RM2,500 per month. See what's currently available and shortlist your favourites.
This copy was published on 25 September 2026.