Ideal Regency (also known as i-Regency) is a freehold condominium nestled in Bukit Gambier, Penang. Bukit Gambier is a newly established neighborhood in Penang. The condominium was developed by Cygal Properties and completed on December 2009. Ideal Regency is a high rise building with a unique feature that applies semi-detached concept in the sky with scenic sea view. The residential scheme consists of total 5 condominium blocks, 8-storey and 21-storey building. This condominium comprises of three different types of unit which are Condo-Villa Type 1 & 2 and Sky-Villa. The Condo-Villa Type 1 & 2 are designed with only two units on each floor. Each unit is being 1,325 sf and 1,500 sf per level respectively. On the other hand, the Sky-Villa is designed with 10 units on each floor and each unit approximately 1,200 sf. There are 3 bedrooms and 2 bathrooms in each unit of the condominium.Among these 5 condominium blocks, 2 blocks of them are Condo-Villa Type 1; 2 blocks of them are Condo-Villa Type 2; 1 block of them is Sky-Villa. The whole 5 condominium blocks house a total of 258 units. The Condo-Villa Type 1 & 2 each consists of 32 units respectively and the Sky-Villa consists of 194 units.Ideal Regency offers resort lifestyle with luxury facilities. There are beautiful swimming pool, 24-hour security with alarm, card access and camera system, barbecue area, gymnasium, playground, jogging track, sauna/steam bath, and mini mart/store. Besides, there are 2 side by side covered car parks near to elevator and the balcony is facing to the Palm Palladium. Ideal Regency is situated at a strategic location along Jalan Bukit Gambier. It is next to the University Science Malaysia (USM) and Tesco Extra. In front of it, it has The Palazzia commercial center. Besides, it is only 10 minutes driving to the Penang Bridge and 15 minutes driving to the Bayan Lepas Free Trade Zone. Some others nearby shopping complexes are Pan Palace Plaza and Bukit Jambul Complex. Other than that, some vicinity schools can be found here namely SMK Bukit Gambir, SMK Bukit Jambu, SRJK(c) Kwang Hoe, St Christopher's International Primary School, SMJK Phor Tay and so on. Places of worship like Surau Ivory Bukit Gambir, Hindu temple Sri Veerama Kaliamman Devasthanamand and Nan Tien Gong Temple can be seen at the nearby area also.In addition, Ideal Regency is neighboring Island Glades in the North to Sungai Nibong Kecil to the South, and is bordered by USM, Sungai Dua, Taman Pekaka, Lip Sin and Bukit Jambul. Its residential neighborhoods are Gambir Heights, Jade View and the affluent neighborhood of Palace Hill.Bukit Gambir is easily accessible from the Northbound (Georgetown) and Southbound (Bayan Lepas) through the Jelutong Expressway which can be accessed via the ramp near Tesco Penang (nearby Bukit Dumbar). There are Rapid Penang Buses with the number of 301 and 302 pass through Jalan Bukit Gambir.
Property Details
Name: Ideal Regency (also known as i-Regency) Address: Bukit Gambier, 11700 Gelugor, Penang Developer: Cygal Properties Completion Date: Dec 2009 Type: Condominium Tenure: Freehold No. of Blocks: 5 Condo-Villa Type 1: 2 Condo-Villa Type 2: 2 Sky-Villa: 1 No. of Storey: 8 & 21 Condo-Villa Type 1: 8 Condo-Villa Type 2: 8 Sky-Villa: 21 No. of Units: 258 Condo-Villa Type 1: 32 Condo-Villa Type 2: 32 Sky-Villa: 194 Built-up Condo-Villa Type 1: 1,325 sf Condo-Villa Type 2: 1,500 sf Sky-Villa: 1,200 sf Maintenance Fee: RM200 Launch Price: From RM313,000 Subsale Price: Rental: Facilities
Swimming pool 24-hour security Barbecue area Gymnasium Playground Jogging track Sauna / steam bath Mini martAnalysis
Cygal Properties is a subsidiary of Cygal Bhd. It is found that the company is classified under PN4 company on Bursa Malaysia. Somehow, the company is restructuring now and it has completed some projects like apartments and terrace houses in Cheras, Kuala Lumpur. The construction of Ideal Regency was approved by the Kementerian Perumahan dan Kerajaan Tempatan in year 2005, so it is good to invest.The interior materials used in Ideal Regency all are from White House and bathroom stuffs are from Johnson Suisse. Both are branded and quality materials. Besides, the developer has made many upgrades on the units, like extra lighting points and bathroom wall tiles (from 7 feet high extending all the way up to ceiling). Furthermore, the SPA area also will be extended from built-up area of 950 to 1200 sf once OC is obtained.Even though the total units at Ideal Regency are 258 units, but the car park bays are only around 500. It might be insufficient for the residents. Besides, this condominium can only be accessed through the main road, Jalan Gelugor and it takes 5 minutes to and from the main road. Bukit Gambier was developed for housing, many who bought there considered the place as located "out of town". The area was only established in the early 2000, as demand for residential properties pushed development towards the hill sides. A large part of the campus of Universiti Sains Malaysia is also located within Bukit Gambier.Also within the areas nearby, there are many used-cars dealers of which one can actually get used cars (especially local made and models) at a very reasonable price, and also dealers of exclusive and imported car models. There are morning markets, wet markets and evening / night markets (Pasar Malam) at the nearby areas especially in Taman Tun Sardon. A famous 'chee cheong fun' stall can be found in a Chinese coffee shop in Gelugor. There is a temple at the roadside and sometimes they will have some annual events until midnight. So it might be for you to fall sleep hardly when there is an event there. Anyway, it was told by the developer that the temple will be moved to the opposite of Jalan Gambier as there will be a road built via this temple to the entrance of Ideal Regency.
