UPCOMING: Gelugor / Ideal Capital Venture Sdn. Bhd.


Following the groundbreaking of Ideal Residency, here is another proposed mixed development by Ideal Capital Venture Sdn. Bhd. (a subsidiary of Ideal Property Group) within the vicinity. The new development will be located on the former Customs Department quarters near Jalan Kampung Kastam, next to SMK Datuk Hj. Mohamed Nor Ahmad.

This development will see the demolition of the existing quarters, for the development of a condominium and one block of 3-storey shop offices in two phases:

  • Phase 1: 44 & 46-storey condominium (855 units)
  • Phase 2: 3-storey shop office (66 units)

This project is still pending for approval. More details to be available upon official launch.

Project Name: (to be confirmed)
Location :
 Gelugor, Penang
Property Type : Mixed development
Built-up Area: (to be confirmed)
Total Units: 855 (condo), 66 (shop office)
Indicative Price : (to be confirmed)
Developer : Ideal Capital Venture Sdn. Bhd. (Ideal Property Group)

Register your interest here

(This information will be used to keep you updated on the project and future development.)
*By submitting this Form, you hereby agree to our PDPA Consent Clause.

Location Map:


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.

  1. Hello
    January 4th, 2021 at 12:01 | #1

    Earlier post said that building 2800++ affordable house in this 16.2 lands without mix development, but now saying that there is condo + shoplots??

  2. Zahra
    January 7th, 2021 at 15:35 | #2

    Price please

  3. Carol
    January 13th, 2021 at 00:30 | #3


    January 14th, 2021 at 22:37 | #4

    The registration isn’t working, please reply the price and project details

    January 18th, 2021 at 21:16 | #5

    Is registration isn’t working pls PM me

  6. Sharifah Nurul Azna Binti Baharudin
    January 19th, 2021 at 11:01 | #6

    price pease

  7. Siti Nur Qurratuaini Binti Johari
    January 30th, 2021 at 20:22 | #7

    Dah try utk Register, knp ta boleh????

  8. zaina
    February 6th, 2021 at 23:30 | #8


    April 20th, 2021 at 01:11 | #9


  10. Raquel
    June 3rd, 2021 at 12:27 | #10

    Pm for more details of the project pls

    June 3rd, 2021 at 22:06 | #11

    When is the project taking off

  12. Nshene
    January 26th, 2022 at 16:59 | #12

    price please.

  1. No trackbacks yet.
(You can also Login/Register to submit your comment using unique ID)

Comment Guidelines
  • Avoid political discussion.
  • Comments with inappropriate wordings or personal attack may be moderated or deleted.
  • Developer must register before comment. All anonymous comments claimed to be from developer without registration will be deleted.
  • All advertisement in the comment will be deleted. Please contact us for advertising details.

To advertise your property in this page under "Related Properties for Sale/Rent":
 1. Submit your property at PenangPropertySale.com, it's FREE!
 2. Remember to select "UPCOMING: Gelugor / Ideal Capital Venture Sdn. Bhd." as the [Related Project]
 (Please do not advertise your property in the comment)