penangproperty
New LaunchfreeholdEst. 2027

Ideal Property Group

Queens Residences Q3

Queens Waterfront, Queensbay

From

RM 890K

RM 1000 PSF · Completion 2027

Tenure

freehold

Title

TBC

Total Units

532

Completion

2027

From
RM 890K
PSF
RM 1000
Tenure
freehold
Total units
532
Status
under construction
Completion
2027

Project Tracking

We're tracking Queens Residences Q3 — 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 — 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 Queens Residences Q3 details on WhatsApp

Queens Residences Q3 unit types

TypeConfigSize (sqft)UnitsCar parks
2BR2BR950–1,050
3BR3BR1,100–1,400
Dual KeyDual Key950–1,200
Total

Building specifications

Blocks
1
Floors
25
Total units
532

Facilities

Swimming PoolGymnasiumBBQ AreaMultipurpose HallLandscaped Gardens24-Hour Security

What's nearby

🏥 Healthcare

  • Pantai Hospital Penang3.5km

🛍 Shopping

  • Queensbay Mall300m

Monthly Instalment Calculator

Monthly Instalment

RM 3,595

Total Interest

RM 708,829

Total Outlay

RM 1,598,829

📲 Discuss financing options with Zac

Queensbay — area snapshot

Price range

RM 700KRM 700K

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 — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.

DownpaymentRM 89,000
SPA stamp dutyRM 20,700
SPA legal feeRM 10,150
MOT stamp duty (at VP)

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

RM 20,700
Loan stamp duty (0.5%)RM 4,005
Loan agreement legal feeRM 4,005
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 151,560

New launch — typical developer savings

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

Cash rebate3% = RM 26,700
0%5%10%
Total developer savingsRM 44,860

Net upfront (after savings)

Based on typical 2026 new launch package

RM 106,700

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 Queens Residences Q3?

+
Units at Queens Residences Q3 start from RM 890K (around RM 1000 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is Queens Residences Q3 freehold or leasehold?

+
Queens Residences Q3 is freehold — you own the land in perpetuity, no expiry date, no renewal fees. Freehold residential title remains genuinely scarce in central Penang Island.

When is the expected completion / VP?

+
Expected Vacant Possession is 2027, subject to developer execution. Defects liability period typically runs 24 months from VP. New launch buyers should budget for transaction costs at SPA and again at VP (MOT stamp duty).

Who is the developer of Queens Residences Q3?

+
Queens Residences Q3 is developed by 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

RM 890K

Queens Residences Q3

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