Queens Residences
Queens Residences, a luxury waterfront development by Ideal Property Group at Bayan Bay with gross development value (GDV) of RM600mil. This development is located in front of BayStar Condominium, just stone’s throw away from Queensbay Mall.
This project will be developed in 4 phases. First two phases are currently in progress, featuring a total of 950 residential units in two residential blocks.
Property Project : Queens Residences
Location : Bayan Bay, Penang
Property Type : Condominium
Total Units: (to be confirmed)
Built-up Area: 950 sq.ft. to 1,650 sq.ft.
Indicative Price: RM780 psf.
Developer : Ideal Property Group
Register your interest here
Location Map:
SITE PROGRESS
Progress update by our reader (15 Oct 2018)
Progress update by our reader (May 2019)
This place will be occupied by mat rempit… huhu
@VietnamBoy
Nola. Mat Rempit pocket pun dah kosong. Traffic light itu pathway bump pun teruk. Nanti jatuh telur pecah baru tau.
Kami ini tunggu sahaja rental turun sampai RM1300-1500 then kami akan sewa. Ini tempat ok harga mahal. Tapi jgn risau akan turun nanti. Sabar ya. Harga akan turun sampai Rm750k &sewa rm1300 shj nanti.
Good for stay. Low rental. Jogging at sea side. Enjoy road side food (jagung bakar, berger…yummy).
@Pakistanis
Tak da duit beli petrol, tukar beli basikal la…sama-sama jadi superman
@VietnamBoy
Sama juga. Itu bump dekat dua traffic light itu mmg teruk.
Lalu sama x boleh terbang kena brek. Sana lapang luas i suka tapi ada problem dua bump itu. Nanti terbang kena dua bump itu jatuh longkang. Tak sesuai lumba..
Kadang2 pi jogging ada..
@PakistanBoy
Dengar dengar Q3 ada affordable rumah kah?
Tengah tunggu nak angkat 1 unit nanti..
rumah mampumilik pun tak tau boleh mampu atau x, sebab memang kos naik, semen naik, besi naik, mungkin rumah kondo mampumilik saiz hanya 700kaki saja lah nanti.
Another 0.5% interest rate increase coming soon, with more to come towards the end of year, for those who think money will be a bit tight, better sell now before things get a bit ugly. For those who have the holding power to hold empty homes, your financial contribution to our society is very much appreciated. KAM SIA!
This is one of the worst development by developer.
Super high density on reclaimed land & under track of airplan path way. Super jam. No demand. Looking forward for price to drop till 750k
Boleh lah. 700kaki itu sudah cukup sebab queensbay mall ada.
Sini boleh jogging lagi tepi laut. 700kaki rm400k kalau aku beli terus. Kita sabar ya. Tunggu Q3/4 mungkin ada peluang rumah mampu milik.
Haha , so many joker here. Thanks for entertaining the home owner of QR
@pondan
You jual bagi i la. Rm700k cukup. Nanti malu x dapat bayar.
You orang goreng Char Koay Teow. I nak duduk shj.
Kami buat busines dekat dataran Queensbay pun senang.
Bagi discount sikit rumah ini x ada demand actually kalau harga tinggi sangat..
actually i own 1 unit there, just wanted to give away the house to survive….:(
@sun
Cantik. Berapa harga nak jual? Bagitau harga.. City atau seaview? Below market price i ok serious.
I tau semua Queens punya owner sudah kena teruk.
Duit x ada. Haha..
@sun
I also own 1 unit want to let go as soon as possible because hard to survive due to inflation & higher interest rate.
Around 800k enough as long as can sell.
@Moon
@Moon. What size and which facing? Please let me know and also Q1 or Q2. I am interested.
I have one there I offer RM2M if anyone can take the offer, I sell you and free you 1 packet tisu paper.
@Dinesh
how much you can offer? I have 1 unit 1000sqf want to sell due to money to buy food. Can you offer 1M?
@Dinesh
Oopss typo. 1650sqf 1.8M if interested let me know.
There will be more interest rates increase coming, it will be unavoidable. Thank you very much.
why suddenly alot of people interested. i mau kasi lepas, sambung bayar aje.. maka i boleh survive….
@sun
Lepas shjlah. Nanti makan pun x ada baru tahu.
Kami buat business ni dekat sini shj. Jual bagi i 750k.
Ini mcm rumah mampu milik shj.
LOL, @Moon I can find 1650 sq ft for 1.6m on iProperty, 1.8m just hold few years and wait for water fish foreigner to buy
for 1.8m I rather buy QUAYWEST DUPLEX 2000 sq ft (can see bridge and sea), and throw 200k renovation and live so relax rather than staying in 1650 sq ft facing full haunted jerejak island
@LOL
Aiya.. Queens is bad eh la. Bek ki eh. Haunted.
Tapi Quaywest lagi pariah. Advertisement for 10 years only want CCC. Queens mmg teruk tapi Quaywest walao lagi teruk.
Duplex siok sendiri nia. Later reclaimed & mosque infront build complain also too late. Next to river somemore shake hand with Bay Residence penang worst city. Both also chapalang. No different la. 1.8M i buy landed even better. So big space privacy. Don’t make me laugh la. Duplex. Haha
@LOL
Why buy duplex? Think smart my friend. Go ahead for landed Semi D or Banglo.
@LOL
Duplex is the worst option. Don’t expect any permanent seaview from Qwest. Queens is nice at least a guarantee seafront. However, i will prefer landed if 1.8M then next will be full seafront condo maybe not queens & could be other. Definitely not duplex. Think twice.
@LOL
Andaman much better. Watch out this duplex development.
May regret. Maritime we bought only RM400k & you bought 1.6M.
@LOL
Are you silly or joking? Is the 2000sqf stated in SPA for 1.6M?
Probably you will be another water fish for our lovely developer.
And that’s no guarantee seaview for this project with high density & high rise just infront of QWest. Future development will be definitely block that’s why it took 10 years to clear all stock by developer. Everyone knew it. And affordable house also just next of it. People are buying rm400k only 2cp sharing same view as you. And myself also bought 580k+ only for The view which 2ksqf with clearer seaview & bridgeview also.
@LOL
Those bought Queens majority are for retirement home or holiday home. Duplex Unit with 1.6M absolutely a water fish.
I have a unit 1000sqf excluded for 2nd floor stack up with 500k only perfect seaview & definitely much better than Qwest with high density.
Anyhow, those people who are comparing between Quaywest vs Queens totally don’t understand what they’re buying as both are different category of product.
@LOL
I x akan beli Quaywest sebab developer mmg teruk.
The clover dulu beli pi teruk qualiti. Ada private lift asing mcm mcm. Tapi qualiti mmg keluar. Quaywest pun lama projek tapi x siap lagi & tunggak lagi mmg x ok. Kamu nak sendiri siok boleh tekan sendiri. Byk owner dah complain sebab lama x VP tunggak & mmg takut ini pemaju. Boleh muntah wei… 1.6M duplex. Baik i beli waterfront ok lagi sebab tepi laut shj 1200sqf pun dah cukup atau landed ada Setia Green cukup. Projek tepi longkang besar itu x mau. Tengok pemaju pun dah takut. Kawan i ada minta kerajaan rumah dekat Quaywest juga 700sqf shj beli 300k kereta keluar masuk sama dengan 1.6M rumah juga. Kenapa nak bayar lebih ini..
condom i, opss condo i blom ada org sambung bayar… makan dah tak ada, pening
@sun
Oo.. Quaywest kah? Interest pun x mampu bayarkah?
Atau Zen6? Kawan i sudah ambil sebiji rumah mampu dekat Quaywest baru 300k shj. Adik i pun sama ambil The Zen.
Beli 1.6M dekat keywest mmg sial fikirlah otak udang. Tahniah..
Queen waterfront dua kali 5 shj. Rumah mampu tengok.
Nanti tenggelam..
Expect QW environment like Straits Quay high class abit but ended up seaside so low class full of rubbish due to the huge pasar malam beside Queensbay. Eweeee…
Hopefully more expatriate come in, and jog with more cute doggies to prevent rubbish worms around this area
@IWORRY
Itu kawasan awam. Bukan privasi. Haiwan tidak boleh masuk bawa Njing semua ini yg kotor. Kalau waterfront ini x suka baik keluar shj. Nanti kawasan itu akan jadi milik MBPP juga. Strait quay itu apa pun x ada. Sini ada queensbay tapi tanah tapak juga. Kena bina rumah byk mampu milk tapi bukan semua harga yahudi. Tengok mc Keywest ok sebab ada rumah mampu milik. Kita semua blh beli. Satu projek pun kena ada mix development rumah mampu milk kena ada.
@DataranQB
Hopefully Asia Green cepat ambil balik tanah pasar malam tu bina Victoria Bay @ Queensbay. ANother luxury condominium harga yahudi. huhuhuhu
@IWORRY
Asia Green latar belakang lain.
Mereka ada bina rumah mampu milik.
Clover pun ada rumah mampu milik. The Zen & Quaywest pun ada. Victoria bay mesti ada. Harga yahudi pun x ada orang beli.
Mungkin Queens 3&4 ada rumah mampu milik. Kita x tau lagi selagi ada dlm persediaan dari pemaju..
@DataranQB
just wait and see.. kalau Victoria Bay ada rumah mampu milik boleh beli satu hehehe.. better than empty that land and become a pasar malam, illegal parking & rubbish everywhere. Memang downgrade sia…
@DataranQB
Q3 & Q4 xmungkin ada rumah mampu milik. Premium location bina rumah mampu milik is impossible. Ideal dah bina banyak rumah mampu milik kat area Bayan Lepas & Sungai Ara, and 1 upcoming @ Island Glades.
@DataranQB
yalah, ni mau cari org sambung bayar pun susah.
interest rate naik lagi.. buat i sial aje…
@sun
Betul. Kenapa nak beli mahal mahal. Rumah pun sama shj.
Baik bina rumah mampu milik untuk orang Pinang bukannya orang asing. Ini tanah untuk orang pulau pinang.
Itulah mana ada orang mampu bayar kena ikut keperluan pasaran. Nanti lelong mesti byk. Q3/4 kena ikut pasaran juga kemampuan rumah mampu milik mmg tinggi. Bukannya rumah untuk orang asing beli.
@IWORRY
Boleh jadi rumah mampu milik kawan. Straits quay itu kawasan premium pun ada rumah mampu milik. Kenapa Queensbay x ada? Queensbay pun bukan kawasan premium pun. Itu tanah tapak shj dari laut. Baik bina rumah mampu milik untuk orang Pinang. Kita tidak perlukan rumah mahal. Rumah mahal itu bukan orang tempatan beli kebykan semua orang asing. Harap kerajaan pulau pinang @ pemaju sekalian faham situasi pasaran rumah sekarang.
@IWORRY
Kawan.. Queens waterfront itu rumah juta juta tapi control accessibility dekat sekuriti mmg teruk. Aku masuk tanpa kad access pun blh jadi. Rumah kawan aku putra place/quaywest/kota emas/Bay residences lagi elok ok. Rumah juta tapi orang luar pun blh masuk mcm itu shj. Kawan semua pun terkejut shj lepas masuk guard post tanpa halangan tepi lobi keluar exit kuda laut tepi jalan kedai shj. I ingat flat mewah mmg kawalan ketat tapi mcm lagi teruk dari flat biasa. Itu hari pun mai shj dekat Q2 jumpa kawan sekalian dengan kereta ambil gambar..
Any info for developer to launch Q3/Q4 anytime soon?
Interested to grab 1 unit..
@ck, my agent told me around Q2/Q3 this year.
@ryu92
How much is the price? Will grab one if price below 900k.
@ck
Don’t expect this area to launch a new project below 900k.
FYI. This is a full premium luxury residence project. Expected all above 1M very soon in secondary market. Queens is one of best seafront living retirement home. It’s a 2nd straits quay in Penang. Never expect price to come in cheap.
@IWORRY
I saw 2 cute doggies were walked by the Queens’s owners, i plan to bring my cute little dog walk there when my house finishes renovating.
@Sharon
Queens has the worse privacy & security enforcement condo in this area. The Zen/Zen6 will be better privacy with full seaview.
@Vp
The price will drop soon due to low demand.
@Sharon
QuayWest and The Zen will appreciate by 1000% soon
Queens price will more than halved due to bad security and low demand…soon it will be infested with illegal immigrants and become another low cost flat but originally sold as luxury project
The demand for QuayWest and The Zen Series is unheard of…and it’s pushing the price up by a lotttt
@ryu92
What is the starting price? 300k?
I suka hujung bulatan sana sebab angin kuat…
Mcm mana nak minta..?
@LL
Quaywest still got more than 20 units unsold, Q1 & Q2 all sold, so which property no demand? haha
@alamak
Still many unsold in Q2 as very poor in privacy management.
And Airbnb alot. Plenty of unit ready to sell below market price.
If you look at how this million condo privacy given to residence,
It’s really the worse among luxury condo. The gap and loop hole is everywhere. No registration require to enter this condo.
You can make comparison later with Zen6 as it will provide privacy priority for residence.
@alamak
we don’t care..we only care about your Queens security and that Quay West and The Zen is the best in the world.
Elon Musk is also interested in Asia Green projects and the price will sky rocket because we will stay with richest man in the world
@LL
Elon Musk already poor & lost so many money.
All is because of Queens security so poor.
Don’t care about Asia Green. Only Zen6 is the best in this area.
No need mention about money. Just look at the security control and view enough. One is block view by Jerejak another is full seaview and closer bridge view.
One is racing dark zone another is fully hots spot commercial activities up next.
Rumour has it that Queens Residence is the reason why Tesla stock drop
Zen is the reason why MYR is strengthening lately
Zen is the best
QuayWest is the best
Asia Green is the best
After reading so much comment of privacy issue and negative comment, finally I visited Queens. I gathering in Queens waterfront commercial. Overall are very nice & personally love the concept of Waterfront development. It’s a great addition for this development in this area. However, few area can install more face recognition access at lobby still since it’s high-end. And also notice many people drinking and throwing rubbish outside of designed bench of Q2 road side. It’s quite messy. Anyway, probably that’s out residence control to maintain this peaceful & clean environment.
@ZenZenZen
the price increased 30%-40%…your unsold news sounds very sour
@Bill
The owner actually sold their unit with lost. They bought at 880k & still sell at 900k only due to low demand. And currently many urgent sell & price will be lower soon.
And Q3 price will be equal same RM900k starting price only.
It’s better to go for Arica than Queens.
Arica, The Meg, Queens, all same one, price won’t go up too much….Penang condo market is doomed !
@andyyy
Exactly. Price is too high but demand is rather low in this Queensbay area.
And oversupply. Same goes to The light Mezzo/Queens/The Meg&Arica all same.
@andyyy
I strongly agree with u. Since rocket took over PG, developement plot ratios have been increased so drastically that there is almost unlimited possible supply of condos, which has essentially killed the sub-sale market. If anyone is ready to pay RM1000+ psf for these condos for investment, they should be ready to loose money also when they sell. As for rental market for these RM1000psf condos, one thing I can say is, your tenant will thank you for subsidising them! :)))))))
@Fifi
Yes. These type of condo are everywhere now. And price seen start to drop. Owner let go with lost. The tenant keep going to other much cheaper and spacious condo. That’s plenty of choice in market now. This project is no longer good to stay or invest as it’s very much common.
@Hemsley
Yes, condo everywhere but not waterfront like Queens Residence.
Yes, property price seen start to drop, but again not Queens Residence.
Ideal just launched Q3 with smallest unit at 900k to larger sea view unit at 1.9mil.
Figures tell.
@millionaire
Z*N > Q3
QW > Q1 + Q2
@millionaire
If you look at Mezzo which very much well develop by IJM.
Q3 price may drop later due to low demand.
Launching price vs actual demand are 2 different thing.
If launch at 900k & no demand later it will drop as market tell.
Let see how later..
@millionaire
Nope, figures don’t tell, especially when it comes to “developer figure”, they are highly manipulated. Money wise, to pay RM1 mil for a property, rental income has to be at least RM4000 a month to make sense. Anything less than that, landlord is essentially subsidising tenant. For RM4000 a month, you can surely rent a bigger and nicer condo elsewhere (with seaview, and seaview is actually not that sought after these days anyway) and not having to torture oneself in a tiny condo. And RM4k rental market is at the moment quite niche, only expatriate with corporate tenancy, market for locals is almost non-existent. Whereas for own stay, haha…yeah…u can flush your money down the drain for all I care. :))))))). Conclusion : BAD INVESTMENT HERE
Now RM900K = RM90K property is very cheap
@Minion
Absolutely yes. That’s better choice here like Mezzo even Arica.
Queens residence even the Marina still non exist.
stay in Q2 now, wanna buy Q3 for fun, any advise bosskur here???