47 Houses for Sale at Queens Residences Q2 @ Queens Waterfront, Bayan Lepas, Penang
Queens Residences Q2 is a prestigious freehold condominium, representing the second phase of the award-winning Queens Waterfront development in Bayan Lepas, Penang. Developed by the acclaimed Ideal Property Group, this project was completed in 2022 and offers residents an unparalleled waterfront lifestyle with stunning views of the Penang Bridge and the sea. The development is part of a larger, master-planned precinct that includes a proposed international school and a world-class sports centre.Q2 at Queens Waterfront is a single 24-storey tower comprising 450 exclusive condominium units. The residence is designed with luxury and comfort in mind, featuring a grand drop-off lobby and a 3-tier security system for peace of mind. The ground and first floors host commercial spaces, providing residents with convenient access to alfresco dining, retail, and lifestyle outlets right at their doorstep.Queens Residences Q2 offers a variety of thoughtfully designed layouts to cater to different lifestyles, with built-up areas ranging from 950 sq ft to 1,650 sq ft. Available types include: 2 Bedrooms, 2 Bathrooms. 2 Bedrooms, 2 Bathrooms. Dual-Key layout. 2 Bedrooms, 2 Bathrooms + Study Area. 3 Bedrooms, 2 Bathrooms. 4 Bedrooms, 3 Bathrooms.Residents can indulge in an extensive array of resort-style facilities designed for relaxation and recreation. These include:Infinity pool with a sea view.Family pool, children's pool, and jacuzzi.Aqua-therapy gym and a fully-equipped indoor gymnasium.Hanging cocoons and sea lounges.Children's playground, kids lagoon, and sky sand play pit.Rooftop gardens, BBQ area, and an edible garden.A nursery, games room, and yoga room.The residence enjoys a prime location directly opposite Queensbay Mall, Penang's largest shopping centre, which is just a minute away. Other nearby retail options include AEON outlets and Bay Avenue.The area is close to several educational institutions, including SJK(C) Min Sin, SJK(C) Kwang Hwa, and Fairview International School. The master plan for Queens Waterfront also includes a future international school within the development.Pantai Hospital is conveniently located just 3.5 km away, providing residents with access to quality medical care.Queens Residences Q2 is exceptionally well-connected, with easy access to the Bayan Lepas Expressway (Tun Dr Lim Chong Eu Expressway), the Penang Bridge, and the Second Penang Bridge. The Penang International Airport is approximately 8.1 km away, making travel convenient.Queens Residences Q2 is a project by Ideal Property Group, one of Malaysia’s leading property developers known for delivering high-quality and award-winning projects. The Queens Waterfront development itself has received multiple accolades, including the 'Mix-used Development Award' at the Asia Pacific Property Awards 2019-2020.
Explore iProperty
Queens Residences Q2 @ Queens Waterfront is a freehold condominium in Bayan Lepas, Penang. There are currently 40 listing(s) available for sale on iProperty Malaysia. The listings start from RM1M for units with 1,000 sqft.
You can search for other projects within Bayan Lepas such as BayStar Condominium, Desa Bayan Apartment, and The Address Duplex Loft. Find your ideal properties, contact verified agents, and compare prices only with iProperty Malaysia.
Developer & Launch
Queens Residences Q2 @ Queens Waterfront is a Condominium located in Bayan Lepas. The project reached completion in 2022.
This Freehold development consists of 1 building.
Top Amenities & Facilities at Queens Residences Q2 @ Queens Waterfront
Queens Residences Q2 @ Queens Waterfront provides residents with essential facilities designed for daily convenience and peace of mind within the community.
- Parking
- 24-hour security
Pricing by Unit Type
- 2-Bedroom
- Average asking price: RM 1.18M
- Asking PSF: RM 1,187 psf
- vs. Bayan Lepas avg. PSF: RM 925 psf (28.25% above average)
- Positioning: Premium.
- Listings: 14
- 3-Bedroom
- Average asking price: RM 1.41M
- Asking PSF: RM 1,272 psf
- vs. Bayan Lepas avg. PSF: RM 577 psf (120.59% above average)
- Positioning: Premium.
- Listings: 5
- 4-Bedroom
- Average asking price: RM 2.85M
- Asking PSF: RM 1,727 psf
- vs. Bayan Lepas avg. PSF: RM 675 psf (155.72% above average)
- Positioning: Premium.
- Listings: 4
Neighbourhood at a Glance
Queens Residences Q2 @ Queens Waterfront is located within walking distance of Village Grocer and Siamloh Mookata. This location provides buyers with verified proximity to retail and dining options in the Bayan Lepas area.
- TRANSPORT: Queensbay Mall, 406 m (5 minutes walking distance)
- HEALTHCARE: O2 Clinic Skin Specialist, 1.2 km (14 minutes walking distance)
- RETAIL: Village Grocer, 77 m (1 minute walking distance)
- EDUCATION: D'Monte Child Care & Development, 2.5 km (4 minutes driving distance)
- FOOD & BEVERAGE: Siamloh Mookata, 113 m (1 minute walking distance)
- CONVENIENCE STORE: Cu, 120 m (1 minute walking distance)
Past Transaction & Price Insights
Queens Residences Q2 @ Queens Waterfront recorded transactions from 2023 to 2026 with a median price of RM1,180 PSF. The typical range for these transactions was between RM1,002 PSF and RM1,268 PSF.
The price per square foot saw a decline of -13.09% during this period.
Ready to Make Your Move?
47 homes are currently for sale at Queens Residences Q2 @ Queens Waterfront, starting from RM900,000. See what's currently on the market and compare layouts side by side.
This copy was published on 22 September 2026.



















