SummerSkye Residences, Ideal Vision Park

SummerSkye Residences (also known as Summer Skye Residences) is a freehold mixed apartment & retail development located in Ideal Vision Park, Bayan Lepas. There are 507 apartment units and 78 retail units available at this project with built-up from 1,100 sf to 1,410 sf for apartment units. It was developed by Ideal Property Group with a launch price of around RM540 psf for apartment units, and was completed about 2018.

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

Property Type
Mixed Apartment & Retail
Land Tenure
Freehold
Built-up
1,100 sf - 1,410 sf (Apartment)
Market Price
RM580,000 - RM670,000 (Apartment)
Density
507 Apartments & 78 Retail Units
Completed In
2018
Launch Price
RM540 psf (Apartment)

The only amenities nearby this mixed apartment & retail development are some schools. Several 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 rental yield of SummerSkye Residences is 3.52% for apartment units. The highest rental yield ever recorded was 3.64% in Q2 2019 (Apartment); while the lowest one was 3.17% in Q3 2019 (Apartment). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at SummerSkye Residences for apartment units is 3-bedroom / 1,100 sf with a median price of RM530 psf. For price wise, the most expensive one is 3-bedroom / 1,200 sf with a median price of RM560 psf; while the cheapest one is 3-bedroom / 1,410 sf with a median price of RM450 psf.

Latest SummerSkye Residences for sale listings:

DateTypeBuilt-upPrice
4 Nov 2020Condominium1,100 sfRM575,000
4 Nov 2020Penthouse2,200 sfRM1,141,000
31 Oct 2020Condominium2,200 sfRM1,141,000
31 Oct 2020Condominium1,500 sfRM773,000
30 Oct 2020Condominium1,100 sfRM575,000
30 Oct 2020Condominium1,100 sfRM678,000
30 Oct 2020Condominium1,100 sfRM580,000
29 Oct 2020Condominium1,100 sfRM640,000
27 Oct 2020Condominium1,100 sfRM580,000
25 Oct 2020Condominium1,500 sfRM773,000

Latest SummerSkye Residences for rent listings:

DateTypeBuilt-upRental
27 Nov 2020Condominium1,100 sfRM1,750
21 Nov 2020Condominium1,100 sfRM1,350
21 Nov 2020Condominium1,100 sfRM1,750
20 Nov 2020Condominium1,100 sfRM1,400
20 Nov 2020Condominium1,100 sfRM1,000
20 Nov 2020Condominium1,100 sfRM1,700
20 Nov 2020Condominium1,100 sfRM1,400
19 Nov 2020Condominium1,100 sfRM1,800
18 Nov 2020Condominium1,100 sfRM1,400
16 Nov 2020Condominium900 sfRM1,700
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