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Maldives Residences

maldives-residence

Maldives Residences, yet another residential development by Ideal Property Group at Bayan Lepas. Strategically located along Jalan Sungai Tiram 6, just across the road from Havana Beach Residences. It is conveniently connected to Jalan Tun Dr Awang, less than 2km away from Penang International Airport. Other neighboring housing schemes include Tree Sparina, The Amarene, Summerskye Residences, Lucerne Residences, The Clovers, and a few others. SMJK Heng Ee Secondary School (Bayan Baru branch) is within walking distance.

This development comprises 46-storey building with 4 residential towers. It features a mix of affordable and upgraded units, with a standard built-up size of 850sq.ft. Public units are being upgraded with an additional 80sq.ft. and dual key option.

Project Name : Maldives Residences
Location : Bayan Lepas
Property Type : Residential
Tenure: Freehold
Built-up Size: 850sq.ft. (affordable), 850sq.ft.+80sq.ft. (public unit)
Total Units : (to be confirmed)
Indicative Price : RM498,000 onwards (open market unit)
Developer : Ideal Property Group

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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.

(This project first appeared in Penang Property Talk on 3 Jan 2019)

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  1. Ope
    January 14th, 2023 at 19:39 | #1

    500k for 850sqf..another higher price in this location.
    All price increase due to raw material price..

  2. Eric
    January 16th, 2023 at 09:42 | #2

    Is it open for booking? i would like to get one.

  3. Hamilan
    January 16th, 2023 at 12:14 | #3

    For ppl back home with stomache will be very jialat

  4. Ope
    January 16th, 2023 at 12:15 | #4

    @Eric
    You can walk in to Ideal office and ask.
    If for state government affordable unit you have to go through state perumahan.

    If you look for open unit 500k then go ahead with developer.
    Personal I feel expensive in that location. But understand now everything expensive.

  5. Eric
    January 16th, 2023 at 13:03 | #5

    @Ope
    Thanks. Probably i am only entitled to public unit. I will pay a visit later

  6. Hamilan
    January 16th, 2023 at 14:33 | #6

    @Hamilan

    Stomaches? Lol. I think pee also very very hard.

  7. Hamilan
    January 17th, 2023 at 08:34 | #7

    @Hamilan
    Understood that u had this problem. Try to drink less water before long journey or sleep. Take care

  8. Hamilan
    January 17th, 2023 at 11:31 | #8

    @Hamilan
    Lol. Stomaches really make me laugh.
    I will sleep well because of your funny joke. TQ.

  9. Neoh Soon Hueng
    January 18th, 2023 at 09:27 | #9

    Location is at Lorong Sungai Tiram 6, not Jalan Sungai Tiram 6.
    Jalan Sungai Tiram 6 is main entrance for Tree Sparina & Amarene

  10. WAVANA
    January 19th, 2023 at 23:56 | #10

    Zen Affordable & Quaywest Better than this project

  11. Susan
    January 26th, 2023 at 00:28 | #11

    Potential buyer please visit Amarene Penang property talk website to understand what is the potential problem that you will be facing if you decided to proceed then i will say good luck to you

  12. LL
    January 26th, 2023 at 05:52 | #12

    @Susan
    That’s why already mentioned. Please visit Zen6 condo AG Zen6 sales gallery. It’s in prime location & far better than this.

    Amarene. Poor finishing. Water leakage. And free waterfall. Maintenance fees increasing right after CCC.
    Queens waterfront. Paying premium price. But received with worst accessibility control system and low/poor privacy by management with racing car park of design nature for this development. It’s alike affordable house management.

  13. Donkee ken
    January 26th, 2023 at 09:05 | #13

    @Susan

    Yes correct, do the search and investigation first at Amarene and Lucerne property talk site before putting your money in and regret later.

  14. Hamilan
    January 26th, 2023 at 09:58 | #14

    @Donkee ken
    You mean all project from this developer are bad? Or just only Amarene &Lurcene?

  15. Susan
    January 30th, 2023 at 11:24 | #15

    Amarene and lucerne are basically from the same contractor, fyi all Ideal project will be using the same developer’s relative’s company positive upaya as management , we as the first home buyer for self staying purpose are not afraid of reveal all these worst and regretful experience, we just want to create some pressure using this platform to developer, despite we have made our complaint to developer.

  16. Ope
    January 30th, 2023 at 13:25 | #16

    @Susan
    I see. How about Queens waterfront contractor achictect? Same also? How come their material quality & finishing better than other Ideal project?

  17. CY Chew
    January 31st, 2023 at 07:55 | #17

    No need bother to apply for state unit in Maldives. Already allow developer to choose the eligible applicant rather than letting government to allocate to the really in need’s B40. Just choose the open public unit while it still open. Look at ideal venice, people been applying for 3 years, just to found out all the unit has been booked by buyers, including the state units

  18. Susan
    January 31st, 2023 at 13:58 | #18

    @Ope
    I would suggest you to consider THE LIGHT by IJM If you have the same amount of money , i have been there visit to my friends’ condo unit, similar concept but finishing, design and management is all better.

  19. Ope
    May 14th, 2023 at 14:39 | #19

    @Susan
    I don’t think so overall are better. And I believe traffic jam condition going to get worst in that area. And personally I don’t like shopping mall just right beside my condo.
    I’m going to wait for Q3 or any subsale Q2/1. I prefer the Queens environment very much better than The light.

  20. Hemsley
    May 15th, 2023 at 14:04 | #20

    @Ope

    I thought the shop lots just below Q1/Q2? :p

  21. phorlanpha
    May 22nd, 2023 at 17:11 | #21

    good luck to those considering this.

  22. @phorlanpha
    May 23rd, 2023 at 09:50 | #22

    Why said so? This project not good?

  23. Yeoh
    May 23rd, 2023 at 19:56 | #23

    @@phorlanpha
    Actually Asia green is much better if you consider for affordable house. Stay tune..

  24. LL
    May 23rd, 2023 at 23:00 | #24

    yea correct. Asia Green is building premium housing at affordable price. I’m not allowed to mention the projects here but they are nearby Queensbay

  25. Yeoh
    May 24th, 2023 at 10:38 | #25

    @LL
    Zen6 &The Zen will complete soon. Please wait.
    Probably another up coming affordable house we don’t know.

  26. LL
    May 25th, 2023 at 10:23 | #26

    @Yeoh
    very wise Yeoh. I only trust Asia Green lately as trusted and reliable developer. I’m buying all their upcoming launches

  27. Yeoh
    May 25th, 2023 at 14:52 | #27

    @LL
    Ideal property too expensive already.
    If AG still acceptable as quite many of my friend bought in Quaywest/The Zen at 300k to 400k+ with seaview.
    The pier/Zen9 upnext.. let’s wait. The price definitely lower than Waterfront.

  28. LL
    May 26th, 2023 at 00:15 | #28

    @Yeoh
    Congratulations to your friends for their wise purchase has made them into a millionaire by now

  29. Asia Green
    July 3rd, 2023 at 20:38 | #29

    Always see the same guys promoting asia green in every post, not sure if its a meme at this point

  30. Islander
    July 4th, 2023 at 10:41 | #30

    @Asia Green

    Said someone named Asia Green, well.
    Obviously, he’s being sarcastic to Asia Green.

  31. LL
    July 4th, 2023 at 16:05 | #31

    @Asia Green
    good things are worth sharing, so we all can benefit from it

  32. CP
    July 4th, 2023 at 16:21 | #32

    @LL
    Waiting for Zen6 &The Zen CCC on this Dec. Seaview with 480k only The Zen!!!!! What a steal obviously..

  33. LL
    July 5th, 2023 at 09:13 | #33

    @CP
    Exactly! That’s what I have been saying! 480k is just the purchase price, once CCC obtained the market value will be 680K, then 1M 6 months later

  34. CP
    July 5th, 2023 at 10:23 | #34

    @LL
    Upnext we should look for The Pier(Zen9).
    It is another value buy project. Don’t go for Qwaterfront as over price & low demand.

  35. LL
    July 6th, 2023 at 09:34 | #35

    @CP
    exactly, Qwaterfront psf has now dropped to below rm500 and still no buyer. Qwest is double of that

  36. AsiaGreeny
    July 6th, 2023 at 14:41 | #36

    @Asia Green
    Yup This CP and LL guys keep promoting asia green trying to wash their bad quality reputation.

  37. LL
    July 6th, 2023 at 16:51 | #37

    @AsiaGreeny
    we don’t have to wash. Just go to google review and notice how many 5-star reviews given to Asia Green projects

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