penangproperty
Coming Soonfreehold

GVC Property Sdn. Bhd. (Ideal Property Group)

i-Jewel

Persiaran Bayan, Sungai Ara

From

POA

Tenure

freehold

Title

TBC

Total Units

389

Completion

TBC

From
PSF
Tenure
freehold
Total units
389
Status
upcoming
Completion

Project Tracking

We're tracking i-Jewel — not yet personally reviewed by Zac

This project is in our database from public sources (3 sources) from GVC Property Sdn. Bhd. (Ideal Property Group). Full pricing, floor plans, unit availability and Zac's honest take are available on direct request — most developers update pricing weekly and we share the current numbers immediately.

  • 📋 Latest price list & available unit types
  • 🏗️ Current construction stage and photos
  • 💬 Zac's honest assessment for your situation
  • 📞 Direct introduction to the developer if you want to view
📲 Get i-Jewel details on WhatsApp

Monthly Instalment Calculator

Monthly Instalment

RM 4,039

Total Interest

RM 796,437

Total Outlay

RM 1,796,437

📲 Discuss financing options with Zac

Sungai Ara — area snapshot

Full area guide →

Sungai Ara is a mid-island residential area south of Bayan Lepas with a growing condo market. Well-connected to the airport and FTZ.

Price range

RM 300KRM 2.2M

asking prices in area

Active projects

0

selling or under construction

Subsale condos

7

completed projects

Total tracked

8

properties in this area

Total Cost Breakdown

Every cost you'll pay — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.

DownpaymentRM 100,000
SPA stamp dutyRM 24,000
SPA legal feeRM 11,250
MOT stamp duty (at VP)

Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer.

RM 24,000
Loan stamp duty (0.5%)RM 4,500
Loan agreement legal feeRM 4,500
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 171,250

New launch — typical developer savings

Toggle what the developer is absorbing. Confirm the actual package before signing.

Cash rebate3% = RM 30,000
0%5%10%
Total developer savingsRM 50,250

Net upfront (after savings)

Based on typical 2026 new launch package

RM 121,000

Estimates based on 2026 Penang state rules. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →

Frequently asked questions

Is i-Jewel freehold or leasehold?

+
i-Jewel is freehold — you own the land in perpetuity, no expiry date, no renewal fees. Freehold residential title remains genuinely scarce in central Penang Island.

Who is the developer of i-Jewel?

+
i-Jewel is developed by GVC Property Sdn. Bhd. (Ideal Property Group). For Zac's honest read on the developer's track record and what to expect on delivery quality, WhatsApp directly.

Substitutes worth comparing

Open full comparison →

Same area family, same property type, similar price band — what most buyers actually cross-shop.

From

POA

i-Jewel

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