Queensbay Β· Subsale Market
Queens Residences Subsale β Queensbay, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
Queens Residences is a completed freehold condominium in Queensbay, Penang, completed in 2022 by Ideal Property Group. It has 950 units. Subsale asking prices currently run about RM1100β1679 per sq ft (from roughly RM 1.10M).
Price at a glance
Prices as at September 2026 β Subsale asking prices basis. Last checked 2026-07-30.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 950β1,400 | RM1.1M | RM1,100 |
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Queens Residences subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Queensbay's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Queens Residences.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
How Queens Residences is priced within Queensbay
At roughly RM1100 psf, Queens Residences sits toward the value end of Queensbay's condo band (RM1032β1679 psf). That usually reflects building age, floor level, or distance from the area's prime frontage β worth checking which, because the first two are negotiable and the third is not.
Building age
4 years
Completed 2022
This band is derived from the 3 tracked condo projects we hold PSF data for in Queensbay β indicative only, not a published transaction range. Compare against the Penang Price Index for areas with fuller benchmark data. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.
The Queens Residences pre-purchase checklist
- 1.Remaining lease (if leasehold) β Ask for the exact expiry year. Banks tighten lending as the remaining term shortens, which affects both your loan and your future buyer's.
- 2.Outstanding charges and caveats β Your lawyer should run a full land search for caveats, charges or restrictions in interest before you release any deposit.
- 3.Genuine transacted comparables β Ask for recent transacted prices in the same block, not asking prices. Asking prices tell you what sellers hope for, not what the market pays.
- 4.Exit tax position β Model your RPGT before you buy, not when you sell. Holding period changes the maths substantially, especially for foreign owners.
- 5.Vacant possession terms β Agree in writing what stays β air-conditioners, built-ins, curtains, lights. Fixture disputes at handover are entirely avoidable.
Queens Residences price 2026
What Queens Residences trades at on the sub-sale market, last checked 2026-07-30.
| Asking from | RM1.1M β RM2.35M |
| PSF | RM1100 β 1679 |
| Built-up | 950 β 1,400 sqft |
| Completed | 2022 |
| Units | 950 |
Verified sub-sale asking prices. Asking is not transacted β expect movement between the two.
The building is 4 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporationβs problem and, through the sinking fund, partly yours. Check what was actually rectified.
A foreign buyer can purchase here β the RM1M minimum is cleared. Add the state levy, a flat 8% stamp duty and 3β4 months for state consent.
Selling rather than buying? The RPGT rates and the 21B retention decide what you keep β and if you are near the five-to-six-year line, the date matters more than the price.
Queens Residences for sale & for rent
Looking to buy or rent a unit in Queens Residences? Asking prices and rents move with the market and with the specific unit β floor, facing, condition β so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.
Queens Residences key facts
- Developer
- Ideal Property Group
- Area
- Queensbay, Penang
- Type
- condominium
- Tenure
- freehold
- Completed
- 2022
- Total units
- 950
- Asking PSF
- RM1100β1679
- Price from
- RM 1.10M
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Queens Residences:
View full Queens Residences profile βQueensbay β area snapshot
Price range
RM 980K β RM 980K
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
Other projects in Queensbay
The only other project we track here.
- Queens Residences Q3RM980K
Queens Residences subsale β common questions
What is the price of Queens Residences?
Queens Residences runs RM1,100,000 to RM2,350,000. These are verified sub-sale asking prices, not transacted figures β expect movement between the two. That works out to about RM1,100β1,679 per square foot. Checked 2026-07-30.
Is Queens Residences freehold or leasehold?
Queens Residences is freehold. We do not hold the land title class on record β confirm it with the developer, because a commercial title changes your utility tariffs and loan margin.
Can a foreigner buy at Queens Residences?
Yes. Penang Island sets a RM1,000,000 minimum for foreign buyers. Add a state levy, a flat 8% stamp duty, and 3β4 months for state consent.
When was Queens Residences completed?
Queens Residences completed in 2022, developed by Ideal Property Group. Units here trade sub-sale.
How big are the units at Queens Residences?
Built-ups run 950 to 1,400 sq ft. There are 950 units in total. At that density, expect to compete with a lot of near-identical units when you sell.
Substitutes worth comparing
Open full comparison βSame area family, same property type, similar price band β what most buyers actually cross-shop.