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, 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 26 real estate projects in Malaysia. Other similar projects by the same developer are Camerlina, Solaria Residences, SummerSkye Residences, The Amarene and i-Santorini.
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 RM580,000 to RM620,000 (about RM530 psf) for apartment units; while the monthly rentals are from RM1,500 to RM1,600 (about RM1.33 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 2.67% 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:
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 RM530 psf. For price wise, the most expensive one is 3-bedroom / 1,130 sf with a median price of RM530 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:
Latest Ideal Vision Park for rent listings: