Ideal Property Group
Queens Residences
Bayan Bay, Queensbay
From
RM 700K
RM 780– PSF · Completion 2022
Tenure
freehold
Title
TBC
Total Units
950
Completion
2022
- From
- RM 700K
- PSF
- RM 780
- Tenure
- freehold
- Total units
- 950
- Status
- completed
- Completion
- 2022
Project Tracking
We're tracking Queens Residences — not yet personally reviewed by Zac
This project is in our database from public sources (3 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
Facilities
What's nearby
🏥 Healthcare
- Penang Adventist Hospital Bayan Baru2.0km
- Hospital Lam Wah Ee5.0km
- Gleneagles Hospital Penang7.0km
🎓 Schools
- SJK(C) Boon Beng1.5km
- SK Seri Bayan2.0km
- SMK Dato Onn2.5km
- Penang Chinese Girls' High School4.0km
🛍 Shopping
- Queensbay Mall500m
- Bayan Baru Commercial Centre1.5km
- Straits Quay3.0km
- Gurney Plaza8.0km
Monthly Instalment Calculator
Monthly Instalment
RM 2,827
Total Interest
RM 557,506
Total Outlay
RM 1,257,506
Queensbay — area snapshot
Price range
RM 890K – RM 890K
asking prices in area
Active projects
1
selling or under construction
Subsale condos
0
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.
| Downpayment | RM 70,000 |
| SPA stamp duty | RM 15,000 |
| SPA legal fee | RM 8,250 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 15,000 |
| Loan stamp duty (0.5%) | RM 3,150 |
| Loan agreement legal fee | RM 3,150 |
| Valuation fee | RM 2,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 117,550 |
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 Queens Residences?
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Is Queens Residences freehold or leasehold?
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When is the expected completion / VP?
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Who is the developer of Queens Residences?
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Substitutes worth comparing
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From
RM 700K
Queens Residences