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Ideal Vision Park

Off Jalan Tun Dr Awang, 11900 Sungai Ara, Penang
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Details:

Developer

Developer of Ideal Vision Park, Ideal Property Group
Ideal Property Group
View developer's profile
Chinese ad 4621 326x150 01

Facilities

12.5km bicycle trail
Shady path
3-acre bicycle park
Recycling station
Organic market
Clubhouse
Community hall
Leisure infinity pool
Jacuzzi
Pool deck
Sun deck
Garden cabanas
Wading pool
Spa pool
Changing room
Gymnasium
Yoga & aerobic
Serene garden
Reflexology path
Table tennis
Fern garden
Fragrance garden
Refreshment area
Sky garden
Children's play area
Barbecue pavilion
Reflection pond
Landscape feature pond
Function lawn
Fitness & wellness stations

Property Details

2020
(Year of Completion)
This project was completed 4 years ago
From RM400,000
Built Up
From 900 SQ. FT
Land Title
Mixed
Tenure
Freehold
Total Blocks
4
Total Storeys
26
Total Units
1945

Description

Ideal Vision Park is located in the vicinity of Sungai Ara, Penang. This mixed development on freehold land will be launched in phases over a five-year period and is undertaken by the developer, Ideal Property.

As planned, Ideal Vision Park would consist of 80% residential properties and the rest would be allocated for commercial developments. The remaining phases have yet to be announced.

However, it is determined that Tree Sparina and SummerSkye Residences would be the first phase of the residential units. Once completed, it is also estimated that Ideal Vision Park would have a total of 550,000 sf of commercial space.

Ideal Vision Park will adopt a laid back concept, which aims to promote sustainability and environmentally friendly practices, healthy living as well as the preservation of traditional trades and delicacies. This will contribute toward an improved quality of living for its residents. To add, there are also plans to introduce an international school within the 25 acres of land for the convenience of the residents.

However, location is not much of a strong point for Ideal Vision Park as it is located very near to the Penang International Airport, but not the town. At the moment, basic amenities can only be found in the township of Bayan Lepas, which is approximately 2.5 km away from the development.

Nevertheless, the nearest shopping complexes are located in Bayan Baru which includes a Giant hypermarket, Sunshine Square and Queensbay Mall. Meanwhile, the nearest hospital from Ideal Vision Park is Hospital Pantai Mutiara, and nearby educational institutions only includes SK Bayan Lepas. Other schools located in the town of Bayan Lepas are the Straits International School, and INTI International College Penang.

Accessibility wise, the location is good as there is Jalan Tun Dr Awang and Jalan Sultan Azlan Shah. That being said, the latter has a tendency to see a lot more standstill traffic during peak hours. The Tun Dr. Lim Chong Eu Expressway is also accessible to the development.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (None)
Sungai Ara
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Calvin Lim
Love the concept and it design. Looks interesting
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Fong Kay Chun
Newly developed area with good rating overall
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F Y Leong
Good investment places. Good view
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Alina
Love the concept and the design that is available!
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Nearby Amenities:

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Did you know?

Check out the value of surrounding recently completed properties to make the best buying decision.

Property Name Year of Completion Ad Selling Price Ad Rental Price Avg Transacted Price Avg Rental Yield (%)
Ideal Vision Park 2020 RM515,000 - RM780,000
RM 438 psf - RM 709 psf
RM1,100 - RM1,100 NIL 2.87 %
Setia Tri-Angle 2015 RM430,000 - RM1,088,888
RM 391 psf - RM 621 psf
RM1,100 - RM1,100 NIL 2.81 %
Mont Tierra Residences Oct 2014 RM1,080,000 - RM1,150,000
RM 366 psf - RM 383 psf
From RM2,000 NIL NIL
35 Pearl Villas Oct 2014 From RM3,287,880 NIL NIL NIL
Fiera Vista 2014 RM610,000 - RM6,100,000
RM 418 psf - RM 4,206 psf
RM1,200 - RM1,200 NIL 0.61 %
One Residence 2014 RM1,850,000 - RM1,850,000
RM 616 psf - RM 740 psf
RM1,900 - RM1,900 NIL 1.26 %
Ideal Haus 2014 RM800,000 - RM1,250,000
RM 547 psf - RM 800 psf
From RM1,200 NIL NIL

Did you know?

Check out the past transacted prices of this neighbourhood to make the best buying decision.

Non-Landed Landed Commercial
0 - 500 SQ. FT - - -
500 - 1,000 SQ. FT - - -
1,000 - 1,500 SQ. FT RM 488 psf - -
1,500 - 2,500 SQ. FT RM 452 psf - -
2,500 - 4,000 SQ. FT - RM 1,500,000 psf -
4,000 SQ. FT and above - RM 3,300,000 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 373 psf
Non Landed Properties
RM 131,955 psf
Landed Properties
RM 434 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees

My Affordability:

Down Payment (10%) RM 40,000
Loan Amount ( 90 %) RM 360,000
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM N / A psf (900 SQ. FT)
Total Monthly Expenses
RM 3,000 ±

Disclaimer

The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.

All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.

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