Ideal Venice Residency, Kampung Kastam, Gelugor

Jalan Lembah, Kampung Kastam, 11700, Penang

RM 440,000


3

Beds

2

Baths

850

sqft (floor)

RM 518

psf (floor)


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Property details

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Condominium for sale
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Freehold tenure
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Listed on 27 Oct 2025
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Listing ID - 104961201
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850 sqft floor area
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RM 517.65 psf (floor)

About Ideal Venice Residency

Gelugor Bukit Gambier New project Direct Developer

Gelugor Bukit Gambier New project Direct Developer
-745sqft & 1040sqft
-2 bedrooms 2 bathroom
-2 carpark
-Not affordable condo
-Freehold
-Near USM strategic location
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Ideal Venice Residency, Kampung Kastam, Gelugor

Ideal Venice ResidencyIdeal Venice Residency is a freehold condominium in the township of Island Glades, located in Gelugor, Penang. This Venetian-themed residence is brought to you by Ideal Property Group, a reputable developer with a strong presence in Penang’s property scene. This project houses 1,632 units across four 46-storey towers. Built-ups are standardised at 850 sq with 3 bedrooms and 2 bathrooms.ConceptIdeal Venice Residency is inspired by the elegant architecture and romantic atmosphere of Venice, Italy. Facilities are designed to mimic the heritage city’s landmarks, with shallow “canals” flowing through the facilities podium – complete with gondolas too. The famous Rialto Bridge (the oldest bridge in Venice) is also replicated within the residence, making for the perfect photo opportunity.Accessibility and Amenities Near Ideal Venice ResidencyThis development is built within Island Glades in Gelugor, just 6km away from Penang Bridge. Located along Jalan Lembah, it is also accessible via major roads such as Jalan Bukit Gambir, Jalan Sultan Azlan Shah, and Tun Dr Lim Chong Eu Expressway (LCE). Penang International Airport is a mere 12km drive from this development, while Sungai Nibong Bus Terminal is only 5km away. Facilities and Project DetailsIdeal Venice Residency comprises 1,632 units within four 46-storey towers. Towers 1A and 2A exclusively house the Type A units (PR1MA). These towers have 7 units per floor serviced by 2 lifts. Meanwhile, Towers 1B and 2B house the Type B units. These have 15 units per floor serviced by 5 lifts.All layouts are sized at 850 sq ft with 3 bedrooms and 2 bathrooms. Despite this, there are two layouts available – Type A and Type B. Type A is allocated under the 1Malaysia Housing Programme (PR1MA), while Type B is sold on the open market.Ideal Venice Residency:850 sq ft3 bedrooms, 2 bathroomsType A (PR1MA) and Type BAside from the aforementioned Venice-inspired thematic facilities, residents can also spend their time leisurely at the BBQ Pavilion, swimming pool, jacuzzi, and family lounge area. For the fitness conscious, the residence is equipped with a gym room, yoga room, basketball court, badminton court, and outdoor exercise station. Meanwhile, the Venetian-style children’s playground and play pool provide a unique experience for the kids.Schools/Colleges/Education InstituteFor primary-level students, SK Bukit Gelugor, SK Bukit Gambir, SK Sungai Gelugor, and SJK(C) Kwang Hwa are less than 6km away. Secondary-level students can attend nearby schools such as Penang Free School, Chung Ling High School, Chung Hwa Confucian High School, and SMK Bukit Jambul. This residence is also just 4km to Universiti Sains Malaysia (USM) and 6km to INTI International College Penang.Medical CentresWithin a 7km radius, residents will find over 4 major hospitals and medical centres. These include Pantai Hospital Penang, Lam Wah Ee Hospital, Penang General Hospital, and Penang Adventist Hospital.Shops/Shopping Malls This property is just 9km to Queensbay Mall and 6km to Bukit Jambul Complex. Plus, the Tun Abdul Razak Complex (KOMTAR) and its adjacent malls (Prangin Mall, 1st Avenue Mall) are all just a short 8km drive away.Restaurants/EateriesThink Penang, think hawker centres. Super Tanker Food Court and Taman Free School Market Food Court are both within a 5km radius from this residence. For a Muslim-friendly option, Astaka Taman Tun Sardon is a popular food court conveniently situated just 950m away. Recreation & Leisure OptionsPopular landmarks / tourist attractions such as Karpal Singh Drive (6km), SPICE Arena (7.5km), and Setia SPICE Convention Centre (8km) are located nearby. For something a little less touristy, head to Taman Awam Metropolitan Relau, Penang Golf Club, Bukit Dumbar Park, or the popular Bukit Jambul Hiking Trail.Job OpportunitiesResidents working on the mainland will be glad to know that the Penang Bridge is just 6km away from this development. Additionally, the Bayan Lepas Free Trade Zone (FTZ) is only 11km away – as the island’s main industrial hub, it currently houses high-tech manufacturing firms and multinational corporations such as Bosch, Hewlett-Packard, and Dell.Ideal Venice Residency DeveloperIdeal Property Group is a subsidiary of Ideal Capital Berhad. The group was first incorporated in 1979 with its principal businesses 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 Penang with more than 15,000 completed residential and commercial units. Other ongoing residential projects in Penang by this developer include Maldives Residences and Lucerne Residences – both in Bayan Lepas.Ideal Venice Residency Launch DetailsThis project is slated for completion in 2026. Keen buyers can request for a visit to the showflat at Ideal Venice Residency Sales Gallery, located at 72-1-19 & 72-1-20, Arena Curve @ The Arena, Jalan Mahsuri, 11950 Bayan Lepas, Penang.Site PlanThe apartment towers are built parallel to each other on a 6-storey parking podium. The facilities are strategically located above this podium in between the towers, providing additional shade.Floor PlanAll Ideal Venice Residency units are equipped with an entrance foyer, balcony, and yard area. While Types A and B share similar built-ups, they can be distinguished by several features such as a more rectangular layout (Type A), or a more L-shaped layout (Type B). For avid cooks, Type A has a U-shaped kitchen counter, while Type B adopts a more open kitchen layout with the addition of a kitchen island. Ideal Venice Residency for SaleIndicative launch prices start from RM373,000 and onwards, depending on the unit. Based on iProperty listings at the time of writing, current selling prices range from RM373,000 – RM399,000.

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Anchor Empire Properties Sdn. Bhd.

FAQs
The selling price is RM 440,000.
Jalan Lembah, Kampung Kastam, 11700, Penang.
This floor size of this unit is 850 sqft.
Freehold.
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Anchor Empire Properties Sdn. Bhd.