Ideal Vision Park, Bayan Lepas

Ideal Vision Park is a freehold mixed apartment & retail development located in Bayan Lepas, Penang. It consists of Camerlina, SummerSkye Residences, Sunsuri Residences, The Amarene and Tree Sparina. The built-up available at this project is 1,100 sf to 1,300 sf for apartment units. It was developed by Ideal Property Group with a launch price of around RM440 psf for apartment units, and was completed about 2016.

Ideal Property Group is a large-sized real estate group, and it has undertaken around 30 real estate projects in Malaysia. Other similar projects by the same developer are Camerlina, Solaria Residences, SummerSkye Residences, The Amarene and i-Santorini.

Property Type
Mixed Apartment & Retail
Land Tenure
Freehold
Built-up
1,100 sf - 1,300 sf (Apartment)
Market Price
RM590,000 - RM620,000 (Apartment)
Density
-NA-
Completed In
2016
Launch Price
RM440 psf (Apartment)

The only amenities nearby this mixed apartment & retail development are some schools. Some of the schools here are SJK (C) Chung Shan, SK Bayan Lepas, SMJK Heng Ee Cawangan Bayan Baru, SRA Madrasah Uthmaniah Abim, Sis (Straits International School) and Straits International School.

The current market prices for Ideal Vision Park are from RM590,000 to RM620,000 (about RM540 psf) for apartment units; while the monthly rentals are from RM1,400 to RM1,500 (about RM1.28 psf) for apartment units. The highest median price psf ever recorded was RM553 psf in Q3 2016 (Apartment); while the lowest one was RM440 psf in Q1 2014 (Apartment).

The current rental yield of Ideal Vision Park is 3.0% for apartment units. The highest rental yield ever recorded was 3.16% in Q3 2018 (Apartment); while the lowest one was 2.0% in Q3 2016 (Apartment). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at Ideal Vision Park for apartment units is 3-bedroom / 1,130 sf with a median price of RM540 psf. For price wise, the most expensive one is 3-bedroom / 1,130 sf with a median price of RM540 psf; while the cheapest one is 3-bedroom / 1,300 sf with a median price of RM480 psf.

Latest Ideal Vision Park for sale listings:

DateTypeBuilt-upPrice
18-Apr-19Condominium1,300 sfRM595,000
18-Apr-19Condominium1,100 sfRM599,000
18-Apr-19Condominium1,130 sfRM599,000
18-Apr-19Condominium1,100 sfRM602,110
17-Apr-19Condominium1,100 sfRM640,000
17-Apr-19Condominium2,100 sfRM770,000
17-Apr-19Condominium1,130 sfRM530,000
17-Apr-19Condominium1,130 sfRM530,000
17-Apr-19Condominium1,300 sfRM620,000
17-Apr-19Condominium1,130 sfRM630,000

Latest Ideal Vision Park for rent listings:

DateTypeBuilt-upRental
TodayRoom In Apartment-NA-RM400
TodayRoom In Apartment-NA-RM400
17-Apr-19Room In Apartment-NA-RM400
15-Apr-19Room In Apartment-NA-RM600
13-Apr-19Condominium1,100 sfRM1,800
13-Apr-19Condominium1,100 sfRM1,250
13-Apr-19Condominium1,100 sfRM1,300
12-Apr-19Condominium1,100 sfRM1,800
12-Apr-19Condominium1,100 sfRM1,600
08-Apr-19Condominium1,130 sfRM1,500