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Condominium

Ideal Regency, Gelugor, Penang

Gelugor · Penang Island

RM 504 psf Median sold price per sq ft, 2025 (5 sales)

TypeCondominium
TenureFreehold
Completed2009
Units258
Floors8 and 21
Blocks5 blocks
DeveloperCygal Properties Sdn Bhd
AddressJalan Bukit Gambier, 11700 Gelugor, Penang

On condo.com.my now

4 for sale · 13 for rent
See listings For sale in Gelugor

All building information is from public sources on Google and may change. Please confirm with the agent or developer before you buy or rent.

Quick Summary

Ideal Regency is a freehold condominium in Gelugor, Penang Island, developed by Cygal Properties Sdn Bhd and completed in 2009. It has 258 units in 5 blocks of 8 and 21 floors. NAPIC recorded 5 sales in 2025 at a median RM 680,000 (RM 504 psf). 4 units for sale and 13 for rent on condo.com.my now.

Sold prices in Ideal Regency

Actual sales recorded by NAPIC (JPPH), 2021–2026. These are completed transactions, not asking prices.

YearSalesMedian priceMedian per sq ftLowest – highest
2026 2 RM 629,500 RM 527 psf RM 584,000 – RM 675,000
2025 5 RM 680,000 RM 504 psf RM 595,000 – RM 795,000
2024 2 RM 600,000 RM 502 psf RM 600,000 – RM 600,000
2023 2 RM 695,000 RM 520 psf RM 640,000 – RM 750,000
2022 5 RM 620,000 RM 494 psf RM 565,000 – RM 650,000
2021 3 RM 788,000 RM 530 psf RM 555,000 – RM 830,000

Source: NAPIC Open Sales Data (Valuation and Property Services Department). The latest year covers sales recorded so far.

Common facilities

  • Swimming pool
  • Wading pool
  • Gym
  • Playground
  • BBQ area
  • Jogging track
  • Sauna
  • Mini mart
  • 24-hour security
  • CCTV
  • Card access
  • Covered parking

Nearby places

Tap a card to see the places on the map.

📍 Location of Ideal Regency. Tap another card to see the places around it.

Nearest schools

Nearest healthcare

Nearest food

Nearest shopping

Nearest stops and stations

Nearest parks

Nearest sport & gyms

Straight-line distances from the building. Places from OpenStreetMap contributors, Oct 2026; some places may be missing. Operating hours, contact and directions open Google Maps for the latest details.

Ideal Regency is a condominium in Gelugor, on Penang Island. This page gives an overview of the development and its immediate surroundings. It also lists practical points to check before you buy or rent a unit here.

About Ideal Regency

Ideal Regency is a condominium development in Gelugor, on the island side of Penang. Condominiums are a common choice on the island for owners and tenants who prefer apartment-style living. Gelugor has many homes to choose from: our directory lists 80 developments in the same area, so Ideal Regency is one of several options for people looking to live in this part of the island. If you are comparing homes in Gelugor, it is worth looking at a few nearby developments as well. Viewing more than one gives you a clearer sense of what suits your budget and needs.

Location and neighbourhood

Gelugor lies on the eastern side of Penang Island. It sits between George Town, the state capital, and the southern part of the island around Bayan Lepas, which is near the airport and industrial zone. The area is largely residential, with a mix of high-rise blocks and older housing estates. Several other developments are close to Ideal Regency. All distances below are straight-line: - Arte S (serviced residence), about 0.2 km away - Taman Utama (flat), about 0.2 km away - I-Regency Condominium (Ideal Regency) (condominium), about 0.3 km away - Plaza Ivory (condominium), about 0.3 km away - University Place (Plaza Ivory) (apartment), about 0.3 km away - Gambier Heights (apartment), about 0.4 km away Some nearby names are similar to each other. When you look at a listing, ask the agent to confirm exactly which building the unit is in.

Living here: what to check before you buy or rent

Before you commit to a unit at Ideal Regency, it helps to get key details directly from the agent, the owner or the building management. For buyers, ask about the tenure and check the title. Find out the monthly maintenance fee and sinking fund charges, and whether any payments are outstanding on the unit. Ask which facilities are available to residents and whether they are in working order. Check the parking arrangements and any house rules, including rules on renovation, pets and short-term letting. Always view the unit in person. Look at the condition of the walls, ceilings, windows and plumbing, and check the common areas too. Tenants should read the tenancy agreement carefully. Agree in writing on the deposit, which furniture is included and who pays for repairs.

Nearby developments

Arte S0.2 km Taman Utama0.2 km I-Regency Condominium (Ideal Regency)0.3 km Plaza Ivory0.3 km University Place (Plaza Ivory)0.3 km Gambier Heights0.4 km

Straight-line distances.

Frequently asked questions

Where is Ideal Regency?

Ideal Regency is in Gelugor, on Penang Island in the state of Penang.

What type of property is Ideal Regency?

Ideal Regency is a condominium.

Which developments are near Ideal Regency?

Nearby developments include Arte S and Taman Utama (about 0.2 km away), I-Regency Condominium (Ideal Regency), Plaza Ivory and University Place (Plaza Ivory) (about 0.3 km away), and Gambier Heights (about 0.4 km away). These are straight-line distances.

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