Target Q3 2027 in the supplied summary; confirm the delivery date in the selected unit’s SPA
Indicative SPA price
From RM 498,000
LOCATION
Where is Maldives Residences?
AddressJalan Sungai Tiram 6, Bayan Lepas, Penang
DistrictSouthwest Penang Island District (DBD)
Near toPenang International Airport
Near toBayan Lepas Free Industrial Zone
Near toPantai Hospital Penang
Verified against the coordinate printed in the approved KPKT project brochure; confirm the active entrance before travel. Driving times depend on traffic, route and the confirmed project entrance.
Ideal City, Sungai Tiram locationMaldives Residences is in Ideal City, Sungai Tiram, Penang, near Penang International Airport and Bayan Lepas Free Industrial Zone.
Property formatFreehold Affordable condominium, with 1,665 homes or units.
Layouts for comparison3 bedrooms, 2 bathrooms; selected dual-key configuration across published built-up sizes of 850–930 sq ft.
Project highlightsResort-style swimming pools · Clubhouse and fitness facilities · Children’s and outdoor recreation areas
Use the facts as a comparison starting point. Suitability depends on your preferred location, daily routes, budget, financing, layout and move-in timeline.
Compare projects within 5 km of Maldives Residences first, followed by relevant options in Southwest Penang Island District (DBD). Distances are straight-line estimates from the mapped project coordinates.
Placed beside the layout and price decision point, this indicative tool converts Malaysian Ringgit and the published built-up size. Live exchange rates are requested when available.
Indicative reference rate; verify the rate used for payment.
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PROPERTY LOAN CALCULATOR
Estimate your monthly property loan
Adjust the property price, financing margin, interest rate and tenure to see an indicative repayment.
Current lowest reference: 3.60% p.a. · updated 17 September 2026
Estimated monthly repayment—
This is an illustrative estimate. Bank approval, effective rates, lock-in terms, mortgage insurance, legal fees and other costs may change the actual repayment.
QUICK ANSWERS
Frequently asked questions about Maldives Residences, Penang
Direct answers based on the latest reviewed project information.
What is Maldives Residences in Penang?
Maldives Residences is a freehold condominium development in Ideal City, Sungai Tiram, Penang, by Solaris Prestasi Sdn Bhd / Ideal Property Group. Its condominium format can be compared through residential title, density, layout efficiency, facilities and maintenance.
Where exactly is Maldives Residences located?
Maldives Residences is located at Jalan Sungai Tiram 6, Bayan Lepas, Penang. Verified against the coordinate printed in the approved KPKT project brochure; confirm the active entrance before travel.
What is the indicative price for Maldives Residences?
The current reference starts from RM 498,000. Indicative starting price for public-release units; state affordable units use separate eligibility and pricing. Ask for the latest approved price list because availability and pricing can change.
What unit sizes and bedrooms are available at Maldives Residences?
Published information lists 3 bedrooms, 2 bathrooms; selected dual-key configuration across built-up sizes of 850–930 sq ft. Confirm the precise internal area and accessory parcels on the selected plan.
When will Maldives Residences be completed?
Target Q3 2027 in the supplied summary; confirm the delivery date in the selected unit’s SPA. The signed SPA is the controlling document for the applicable delivery timeline.
What facilities does Maldives Residences provide?
Published highlights include Resort-style swimming pools, Clubhouse and fitness facilities, Children’s and outdoor recreation areas. Final facilities, specifications and operating rules should be checked against approved project documents.
What is distinctive about Maldives Residences for a Penang property shortlist?
A freehold residential development in Ideal City, Bayan Lepas, comprising four towers and 1,665 homes. Three-bedroom plans serve the airport and Free Industrial Zone corridor, with selected upgraded dual-key configurations. Its condominium format can be compared through residential title, density, layout efficiency, facilities and maintenance.
Which district is Maldives Residences in?
Maldives Residences is grouped under Southwest Penang Island District (DBD), around Ideal City, Sungai Tiram. Nearby reference points include Penang International Airport, Bayan Lepas Free Industrial Zone, Pantai Hospital Penang.
How can I compare Maldives Residences with other Penang new launches?
Compare the actual location, tenure, built-up size, bedroom configuration, indicative SPA price and completion timing. Select two other projects below and send the comparison list to Willy Saw, REN 30641.
PROJECT REGISTRATION
Request current information for Maldives Residences
Send your contact details and questions to Willy Saw. This preview prepares an email and does not store your submission.
PROPIN PENANG PROPERTY
Understand the project before choosing the unit.
PropIn Consultancy organises Penang new-launch information by location, layout, price and delivery timing. Willy Saw, REN 30641, provides project comparisons through IQI Realty and IQI Bricksmen.
Sources were reviewed on 2026-09-11. Links are intentionally omitted from this section.
Ideal Property Group — Maldives Residences
Public and state affordable releases use different prices and eligibility conditions. Confirm the selected category, approved layout, parking allocation and SPA completion date.