penangproperty
Queens Residences Q3 β€” condominium, Queens Waterfront, Queensbay
New LaunchfreeholdEst. 2027

Ideal Property Group

Queens Residences Q3

Queens Waterfront, Queensbay

From

RM 980K

RM 1032+ PSF Β· Completion 2027

Tenure

freehold

Title

TBC

Total Units

532

Completion

2027

From
RM 980K
PSF
RM 1032
Tenure
freehold
Total units
532
Status
under construction
Completion
2027

Price at a glance

Prices as at September 2026 β€” Developer prices basis. Last checked 2026-07-29. The project has not completed β€” no resale market yet.

Unit typeSize (sqft)Price fromPSF from
All units950–1,400RM980,000RM1,032

Project Tracking

We're tracking Queens Residences Q3 β€” not yet personally reviewed by Zac

This project is in our database from public sources (6 sources) from Ideal Property Group. Full pricing, floor plans, unit availability and Zac's honest take are available on direct request β€” most developers update pricing weekly and we share the current numbers immediately.

  • πŸ“‹ Latest price list & available unit types
  • πŸ—οΈ Current construction stage and photos
  • πŸ’¬ Zac's honest assessment for your situation
  • πŸ“ž Direct introduction to the developer if you want to view
πŸ“² Get Queens Residences Q3 details on WhatsApp

Queens Residences Q3 price list 2026

0 of 3 unit types have a published price Β· completing 2027

TypeSize (sqft)Price fromPSF (derived)Units
2BR950–1,050On applicationβ€”β€”
3BR1,100–1,400On applicationβ€”β€”
Dual Key950–1,200On applicationβ€”β€”

PSF is derived, not quoted β€” each row divides that type's price by its own square footage. Developers do not always state whether a published size is built-up or nett, and the two can differ by 20%. Ask for both in writing before you sign.

Developer price β€” the project has not completed, so there is no resale market to compare against, last checked 2026-07-29. Developers reprice between phases β€” confirm the current list before committing.

No published unit type clears the RM1M foreign-buyer minimum, but 3 types are priced on application β€” those may qualify. Ask before ruling the project out.

3 unit types are priced on application

Usually the penthouses and duplexes β€” developers hold those back rather than publish them. I can get you the current figure and the floor plan directly.

πŸ“² Ask for the current price list

Queens Residences Q3 completion date

Queens Residences Q3 is expected to complete in 2027. It is under construction now.

Read that as the developer's target, not a guarantee. What matters contractually is the vacant possession date in your SPA β€” 36 months from the sale and purchase agreement for a strata title under the Housing Development Act, with liquidated damages payable if the developer misses it. A launch year quoted in marketing and the VP date you can enforce are different things, so check the SPA schedule before you plan a move-in or a tenancy.

Building specifications

Blocks
1
Floors
25
Total units
532

Facilities

Swimming PoolGymnasiumBBQ AreaMultipurpose HallLandscaped Gardens24-Hour Security

What's nearby

πŸ₯ Healthcare

  • Pantai Hospital Penang3.5km

πŸ› Shopping

  • Queensbay Mall300m

Monthly Instalment Calculator

Monthly Instalment

RM 3,958

Total Interest

RM 780,508

Total Outlay

RM 1,760,508

Estimates only β€” not an offer, quotation, or representation of the developer's actual pricing or package. Actual instalments depend on the bank's approved rate, tenure and margin of financing.

πŸ“² Discuss financing options with Zac

Other projects in queensbay

The only other project we track here.

Queensbay β€” area snapshot

Price range

RM 1.1M – RM 1.1M

asking prices in area

Active projects

0

selling or under construction

Subsale condos

1

completed projects

Total tracked

2

properties in this area

Other projects in Queensbay

Total Cost Breakdown

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

DownpaymentRM 98,000
SPA stamp duty (tiered 1–4%)RM 23,400
SPA legal feeRM 11,050
MOT stamp duty (at VP)

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

RM 23,400
Loan stamp duty (0.5%)RM 4,410
Loan agreement legal feeRM 4,410
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 167,670

New launch β€” typical developer savings

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

Cash rebate3% = RM 29,400
0%5%10%
Total developer savingsβˆ’ RM 49,270

Net upfront (after savings)

Based on typical 2026 new launch package

RM 118,400

Estimates only, based on 2026 Penang state rules β€” not an offer, quotation, or representation of the developer's actual package. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac β†’

Frequently asked questions

What is the tenure of Queens Residences Q3?

+
Freehold.

How many units are in Queens Residences Q3?

+
532 units in a single 25-storey tower, opposite Queensbay Mall, developed by Ideal Property Group.

When is Queens Residences Q3 completing?

+
Expected completion around Q4 2027 β€” WhatsApp Zac for the latest construction update.

What is the starting price?

+
Indicative pricing from RM980,000 to about RM2.2 million across five layouts (950–1,400 sq ft) β€” WhatsApp Zac for the latest price list and available units.

Substitutes worth comparing

Open full comparison β†’

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

From

RM 980K

Queens Residences Q3

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