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Queens Island Condo & Villa, Pulau Jerejak

Ideal Property Group · Condominium · Freehold · Upcoming

  1. 1Price against the area–Price per sq ft not published
  2. 2The area+16.6%Change in Penang house prices over the four years to Q1 2026
  3. 3Other options at this price–Price per sq ft not published
  4. 4Cost and risks–Starting price not published

Queens Island Condo & Villa is a freehold condominium in Pulau Jerejak, Penang, by Ideal Property. The developer has not published a price. Checked against the developer's website on · Developer's project page

Location

1Queens Island Condo & Villa price compared with the area

The developer's page does not give both a starting price and a unit size, so we cannot work out a price per sq ft.

2The area

Price per sq ft by area in Penang
Completed condos, medianNew launches, median
RM psf
  • Timur LautRM 753 · 11 launchesRM 546
  • Barat DayaRM 556 · 5 launchesRM 500
  • Seberang Perai TengahRM 434 · 6 launchesRM 368
  • Seberang Perai UtaraRM 442 · 1 launchRM 362

NAPIC 2025 data. Only areas with at least 5 recorded schemes are listed. Hover or tap an area for details.

House prices in Penang rose 16.6% in the four years to Q1 2026P, against 14.2% for Malaysia. See the state price and supply charts on the Pulau Jerejak page.

4Cost and risks

Starting price not published

Things to check

  • No completion date is published: ask for the vacant possession date and the late-delivery terms in the SPA.
  • In Penang a foreign buyer needs state consent and can only buy a unit priced at RM 1,000,000 or more.
Project details+
Developer
Ideal Property Group (Ideal Homes Properties Sdn Bhd)
Location
Pulau Jerejak, Penang
Property type
Condominium
Tenure
Freehold
Total units
Not stated by the developer
Blocks / towers
Not stated by the developer
Storeys
Not stated by the developer
Expected completion
Not stated by the developer

Our take

  • House prices in Penang rose 16.6% over the last four years.

Other new launches in Penang

More new launches by Ideal Property

Queens Island Condo & Villa: common questions

Is Queens Island Condo & Villa freehold or leasehold?

The developer lists it as freehold.

Can foreigners buy Queens Island Condo & Villa?

Penang sets a RM 1,000,000 minimum for foreign buyers. The developer does not list a full price range, so check the price of the unit you want.

Sources

Project facts come from the developer's website. Area prices and yields come from NAPIC's Laporan Pasaran Harta 2025. State figures come from the MHPI (Q1 2026P) and the NAPIC overhang tables (Q1 2026). No developer pays us.