Ideal Concept Intelligence Sdn. Bhd. (Ideal Property Group)
Lucerna Residence
Bayan Lepas, Penang Island
From
RM 664K
RM 580– PSF · Completion 2028
Tenure
freehold
Title
TBC
Total Units
480
Completion
2028
- From
- RM 664K
- PSF
- RM 580
- Tenure
- freehold
- Total units
- 480
- Status
- under construction
- Completion
- 2028
Project Tracking
We're tracking Lucerna Residence — not yet personally reviewed by Zac
This project is in our database from public sources (3 sources) from Ideal Concept Intelligence 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
Lucerna Residence unit types
| Type | Config | Size (sqft) | Units | Car parks |
|---|---|---|---|---|
| 3BR (Type B) | 3BR (Type B) | 1,100 | — | — |
| 3BR Dual Key (Type A) | 3BR Dual Key (Type A) | 1,200 | — | — |
| Total | — | |||
Building specifications
- Blocks
- 2
- Floors
- 36
- Total units
- 480
Facilities
What's nearby
🏥 Healthcare
- Penang International Airport3.0km
🛍 Shopping
- Queensbay Mall3.0km
Monthly Instalment Calculator
Monthly Instalment
RM 2,682
Total Interest
RM 528,754
Total Outlay
RM 1,192,654
Bayan Lepas — area snapshot
Full area guide →Bayan Lepas is the island's industrial and tech hub, home to the Free Trade Zone and Penang International Airport. Condo demand comes primarily from professionals working in the area.
Price range
RM 300K – RM 1.2M
asking prices in area
Active projects
6
selling or under construction
Subsale condos
10
completed projects
Total tracked
17
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.
| Downpayment | RM 66,390 |
| SPA stamp duty | RM 13,917 |
| SPA legal fee | RM 7,889 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 13,917 |
| Loan stamp duty (0.5%) | RM 2,988 |
| Loan agreement legal fee | RM 2,988 |
| Valuation fee | RM 2,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 111,088 |
New launch — typical developer savings
Toggle what the developer is absorbing. Confirm the actual package before signing.
Net upfront (after savings)
Based on typical 2026 new launch package
Estimates based on 2026 Penang state rules. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →
Frequently asked questions
How much is Lucerna Residence?
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Is Lucerna Residence freehold or leasehold?
+
When is the expected completion / VP?
+
Who is the developer of Lucerna Residence?
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From
RM 664K
Lucerna Residence