penangproperty
CompletedfreeholdEst. 2016

Ideal Property Group

Tree Sparina

Ideal Vision Park, Jalan Tun Dr. Awang, Bayan Lepas

From

RM 420K

RM 500 PSF · Completion 2016

Tenure

freehold

Title

TBC

Total Units

548

Completion

2016

From
RM 420K
PSF
RM 500
Tenure
freehold
Total units
548
Status
completed
Completion
2016

Project Tracking

We're tracking Tree Sparina — 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
📲 Get Tree Sparina details on WhatsApp

Facilities

Swimming PoolWading PoolJacuzziSpa PoolGymnasiumTennis TableSky GardenBBQ PavilionChildren's PlaygroundReflexology PathPool DeckMulti-Purpose HallLandscaped Garden24-Hour Security

What's nearby

🏥 Healthcare

  • Hospital Lam Wah Ee4.5km
  • Pantai Hospital Penang4.0km
  • KPJ Penang Specialist Hospital5.5km

🎓 Schools

  • SMK Bayan Lepas2.0km
  • SJK(C) Bayan Lepas2.5km
  • Fairview International School4.0km

🛍 Shopping

  • Queensbay Mall3.5km
  • Giant Hypermarket Bayan Baru3.5km
  • Sunshine Square Bayan Baru3.5km

Monthly Instalment Calculator

Monthly Instalment

RM 1,696

Total Interest

RM 334,504

Total Outlay

RM 754,504

📲 Discuss financing options with Zac

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 300KRM 1.2M

asking prices in area

Active projects

7

selling or under construction

Subsale condos

9

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.

DownpaymentRM 42,000
SPA stamp dutyRM 7,400
SPA legal feeRM 5,250
MOT stamp duty (at VP)

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

RM 7,400
Loan stamp duty (0.5%)RM 1,890
Loan agreement legal feeRM 1,890
Valuation feeRM 1,000
Search, admin, miscRM 1,000
Gross upfront totalRM 67,830

New launch — typical developer savings

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

Cash rebate3% = RM 12,600
0%5%10%
Total developer savingsRM 21,630

Net upfront (after savings)

Based on typical 2026 new launch package

RM 46,200

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 Tree Sparina?

+
Units at Tree Sparina start from RM 420K (around RM 500 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is Tree Sparina freehold or leasehold?

+
Tree Sparina 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 2016, 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 Tree Sparina?

+
Tree Sparina 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 420K

Tree Sparina

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