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Project review

Maldives Residences*

Sungai Tiram, Bayan Lepas, Penang

Maldives Residences* is a freehold condominium in Sungai Tiram, Bayan Lepas, Penang by Ideal. Market reference from 498K for 850-880 sqft, 1665 units, completion 2027. Lewis can help you compare the l...

Price From

from 498K

Built-up

850-880 sqft

Tenure

Freehold

Completion

2027

Nearest MRT / LRT

Verify nearest rail station …

Last checked: July 2026 · brochure completion reference: 2027

Maldives Residences* condominium project view in Sungai Tiram, Bayan Lepas, Penang

Quick Project Decision

A short buyer-facing answer before you go deeper into photos, price and risk.

Good investment?

NO. Only consider if the price, package or personal use-case is unusually strong.

Best for

First-Time Buyer. Long-term holding / Entry budget.

Ask before booking

Latest nett price, available unit stack, floor/layout plan, car park allocation and alternatives.

Quick summary

Quick Facts

Fact-sheet summary for buyers, Google and AI search before the deeper review.

Best ForFirst-Time Buyer
Location FocusSungai Tiram, Bayan Lepas, Penang
Entry Budgetfrom 498K
Buyer ProfileLong-term holding / Entry budget
Main StrengthSungai Tiram, Bayan Lepas, Penang location
Main RiskTraffic and actual travel time should be checked during weekday peak hour.
Lewis VerdictNO

Latest Update Checklist

Project pages should stay useful only when package, availability, rental logic and media are refreshed regularly.

Project pageJuly 2026 · brochure completion reference: 2027

Static brochure facts stay useful, but buyer-facing package details must be reconfirmed.

Latest packageJuly 2026 · brochure completion reference: 2027

Price guide is a market reference collated from public new-launch listings. Confirm the latest nett price, package and availability with Lewis before booking.

AvailabilityWeekly check needed before sharing to buyers

Under construction units subject to latest availability

Rental guideJuly 2026 · brochure completion reference: 2027

Refresh with PropertyGuru, iProperty, SPEEDHOME and nearby completed supply before relying on yield.

Media / floor planFresh media request needed

Floor plan and layout plan mean the same buyer-facing item. Ask Lewis for latest stack and facing.

Buyer search intent

Common buyer searches for this project

These long-tail searches are written as buyer questions, not guaranteed claims. Use them to verify price, layout, location, rental logic, lifestyle fit and alternatives before booking.

Tip: pick the exact search intent that matches your concern, then WhatsApp Lewis so the answer can focus on the right evidence.

Ask Lewis to verify this

Project basics

Searches buyers use when checking price, layout, package and brochure details.

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Location and lifestyle

Searches that connect the project to area, commute, own-stay and lifestyle fit.

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Investment value

Searches for rental, risk, long-term holding and value suitability.

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Compare alternatives

Searches that help buyers compare before booking instead of judging one project alone.

Maldives Residences* vs Ideal Venice Residency*Maldives Residences* vs Laguna Bay Residences *Maldives Residences* vs VersaMaldives Residences* alternativesSungai Tiram, Bayan Lepas project comparisonMaldives Residences* or nearby projects

Project Details Table

Key project information must stay readable in text, not only inside brochure images.

Project NameMaldives Residences*
LocationSungai Tiram, Bayan Lepas, Penang
DeveloperIdeal
TenureFreehold
Completion Year2027
Price Fromfrom 498K
Built-up Range850-880 sqft
Bedrooms3
Maintenance FeeAsk Lewis to confirm latest maintenance fee estimate
Total Units1665
Nearest MRT / LRTVerify nearest rail station and walking route before viewing.
Nearest MallConfirm nearest daily retail node before shortlisting.

Want the latest package?

Ask latest package

Send your budget, purpose and preferred layout. Lewis can confirm current package, available units, viewing timing and suitable alternatives.

Key selling points

A clean first scan of the project before you compare package, layout and risk.

Sungai Tiram, Bayan Lepas, Penang location

Freehold tenure

Condominium project

from 498K

Built-up: 850-880 sqft

Developer: Ideal

Long-term holdingEntry budget

Who should not buy

May not suit buyers who need confirmed walking distance to rail transit.

May not suit buyers who need to move in immediately or inspect the exact completed unit.

May not suit families who prioritise school and park convenience above all else.

May not suit: Short-Term Flipper.

May not suit: Buyer needing immediate move-in.

Risk Check

Use this as a first risk filter before confirming latest package, rent evidence and transaction data.

Supply RiskMedium-High

Traffic and actual travel time should be checked during weekday peak hour.

Rental Competition6.1/10 demand score

Verify with current PropertyGuru, iProperty and SPEEDHOME listings.

Exit StrategyLikely target audience: local own-stay families, upgraders or practical renters in the surrounding area.

This website does not invent transaction prices. Ask Lewis to verify current Brickz, EdgeProp or NAPIC evidence before treating any figure as transaction-backed.

Entry Price RiskPrice guide is a market reference collated from public new-launch listings. Confirm the latest nett price, package and availability with Lewis before booking.

Confirm nett price, rebate and booking terms before paying.

Tenant DemandEstimate only. Confirm current furnished rent, vacancy buffer, maintenance fee and competing completed supply before booking.

Updated: July 2026 · brochure completion reference: 2027

Why this project is worth asking about

Three practical angles buyers normally care about before they spend time on a viewing.

Own-stay angle

76/100

Sungai Tiram, Bayan Lepas should be checked by daily route, facilities, nearby retail and comfort for your household.

Rental-income angle

74/100

RM 1,400 - RM 1,650 rent guide. Estimate only. Confirm current furnished rent, vacancy buffer, maintenance fee and competing completed supply before booking.

Capital-growth angle

88/100

Likely target audience: local own-stay families, upgraders or practical renters in the surrounding area.

Choose what you want Lewis to check

Use one clear WhatsApp request so the reply can be faster and more useful.

Compare before booking

These nearby or similar projects help you avoid judging one project in isolation.

Price and unit guide

Use these numbers as a shortlist guide. Confirm latest nett price, rebate and available units before booking.

Layout range

3

Built-up range

850-880 sqft

Price guide

from 498K

Car park

Ask Lewis to confirm car park allocation

Availability

Under construction units subject to latest availability

Last checked

July 2026 · brochure completion reference: 2027

3 investment scenarios

A simple stress test using the project price guide, rental guide and monthly holding guide. Confirm real rent, loan terms and package before booking.

ScenarioMonthly RentGross YieldVacancy BufferMonthly HoldingCash GapWhat it means
ConservativeRM 1,4003.4%2 months / yearRM 2,681-RM 1,281Stress-test case. Use this when you want more buffer for vacancy, furnishing and rental competition.
BalancedRM 1,5503.7%1 month / yearRM 2,681-RM 1,131Base planning case. Useful for checking whether the project still feels comfortable after normal vacancy buffer.
OptimisticRM 1,6504.0%0.5 month / yearRM 2,681-RM 1,031Upside case. Only use after checking strong furnished rental evidence and tenant demand.

This is a decision guide, not a guaranteed return. It excludes personal tax, insurance, special assessment and future rate changes.

Cost and affordability check

Hidden cost guide

SPA / legal buffer

RM 4,980

Developer package may absorb part of this.

Stamp duty buffer

RM 14,940

Final amount depends on buyer profile and latest rules.

Loan agreement buffer

RM 2,490

Confirm with bank and lawyer before booking.

Renovation / move-in buffer

RM 12,450

Useful for curtains, lights, appliances and defects follow-up.

Monthly holding guide

Estimated instalment

RM 2,273

Maintenance guide

RM 298

Sinking fund guide

RM 30

Assessment / quit rent buffer

RM 80

Monthly Holding Cost

Quick guide only. Lewis can help check a more realistic bank package before you book.

Estimated instalment

RM 2,039

Maintenance guide

RM 298

Sinking fund guide

RM 30

Monthly holding guide

RM 2,487

Cash buffer guide

RM 72,210

Loan Snapshot

RM 2,040 / month

Estimate based on 90% loan, 35 years, 4.2% interest. Actual approval, rate, DSR and package depend on bank profile.

Indicative loan: RM 448,200

Income guide: Around RM 5,800 / month

Location intelligence

Use this as a viewing checklist. Confirm exact travel time with Google Maps or Waze on your actual viewing day.

Nearest MRT / LRT

Verify nearest rail station and walking route before viewing.

Source check: Google Maps / MRT Corp check

Nearest mall

Confirm nearest daily retail node before shortlisting.

Source check: Google Maps check

Nearest hospital

Check nearest hospital or medical centre if healthcare access matters.

Source check: Google Maps check

Nearest university / school

Verify school, college or university access based on your tenant or family profile.

Source check: Google Maps check

Nearest commercial hub

Sungai Tiram, Bayan Lepas commercial and workplace demand should be checked before rental planning.

Source check: Google Maps / area research

Travel time to KLCC

Check live weekday peak-hour route before viewing.

Source check: Google Maps / Waze check

Travel time to TRX

Verify route to TRX if city-office tenant demand is part of the plan.

Source check: Google Maps / Waze check

Travel time to Mid Valley

Use live maps to compare this route with your daily commute.

Source check: Google Maps / Waze check

Site visit notes

What I like

Sungai Tiram, Bayan Lepas, Penang location Freehold tenure Condominium project

What I don't like

May not suit buyers who need confirmed walking distance to rail transit.

Traffic condition

Check weekday morning and evening routes before booking because brochure distance does not show real travel time.

Accessibility

For Sungai Tiram, Bayan Lepas, verify the actual route to rail, highways, malls, offices and daily needs before treating access as a strength.

Walkability

Confirm shade, crossing points, road width, safety and exact walking route during viewing.

Actual environment

Ask for current site, showroom, facility or surrounding photos and videos when available.

Viewing checklist

Check route timing for work, school, and family needs.

Compare layout, facing, floor level, and maintenance cost.

Review brochure facts before booking or submitting loan.

Ask for nearby competing supply before deciding.

Open map

Lewis investment analysis

The opinion, score, yield estimate, risks and alternatives are grouped here so the page stays light at first glance.

Only consider if the price, package or personal use-case is unusually strong.

Suitable for

First-Time Buyer

Avoid if

Short-Term FlipperBuyer needing immediate move-in

Risk

Medium-High

Holding Period

5-8 years

Confidence

6.8/10

Exit Strategy

Likely target audience: local own-stay families, upgraders or practical renters in the surrounding area.

Before booking, compare entry price against nearby completed projects so the resale gap is clear.

For rental planning, check realistic furnished rental, maintenance fee and vacancy buffer instead of only gross yield.

Risk Notes

Traffic and actual travel time should be checked during weekday peak hour.

Final package, rebate, car park allocation and legal fee support can change without notice.

Rental estimate should be checked against current completed supply nearby.

Construction timeline and VP date should be reconfirmed with the developer.

Best Units To Ask First

Ask first for 3 room layouts with efficient usable space.

For rental, compare smallest practical layout against maintenance fee and furnishing budget.

For own stay, prioritise quieter facing, parking convenience and future family needs over the cheapest unit only.

Unit Stack / Facing Guide

Ask for available stack, floor level, facing, afternoon sun exposure and nearby road/noise direction.

For Sungai Tiram, Bayan Lepas, compare convenience against privacy, view and traffic movement before choosing a unit.

Shortlist at least two layouts so you have a backup if the preferred stack is taken.

Questions Before Booking

What is the latest nett price and package for Maldives Residences*?

Is the rebate confirmed in writing and until when is it valid?

Which unit stacks, floor levels and facings are still available?

What are the layout types and exact built-up sizes?

How many car parks are included and where are they located?

What is the estimated maintenance fee and sinking fund?

Related Buyer Guides

Freehold vs leasehold

Booking checklist

First investment guide

Loan comfort guide

New launch vs subsale

Continue your research

Use these internal links as the next reading path: area context, budget tools, comparisons, guides and videos.

FAQ and enquiry

Common buyer questions, related projects and a shorter enquiry form for next-step checks.

Quick answers

Quick answers about this project.

Short direct answers for buyers and AI search.

Is Maldives Residences* suitable for own stay?

Maldives Residences* can suit own-stay buyers comparing Sungai Tiram, Bayan Lepas because it offers condominium options from 498K, with freehold tenure and layouts around 850-880 sqft.

Is Maldives Residences* suitable for investment?

For investment, compare Maldives Residences* against nearby completed rental supply, realistic furnishing cost, maintenance fee and tenant demand before booking.

What should I ask before booking Maldives Residences*?

Ask for latest nett price, rebate, package validity, available unit stack, car park allocation, maintenance estimate, floor plan and loan comfort check.

Who can help compare Maldives Residences*?

Lewis Chong, REN 69566 under IQI Global, can help compare latest package, floor plan, loan comfort, rental logic and alternatives.

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Buyer questions

The current market reference lists Ideal as the developer. Maldives Residences* is in Sungai Tiram, Bayan Lepas, Penang with completion reference 2027.

Get price list, floor plans & rental yield

Enter your details and Lewis sends the latest price list, floor plans and rental-yield notes on WhatsApp. Usually within ~15 min (9am–9pm).

⚡ Typically replies within ~15 min (9am–9pm)

Prefer to chat directly?

WhatsApp Lewis

Project Decision Checklist

Send a quick request and Lewis can reply with the key items you should confirm before booking.

Budget and monthly comfort

Layout, facing and available stack

Rental estimate and tenant demand

Risk notes and better alternatives

Decision check

Want Lewis to check this project before booking?

Send your budget, buying purpose, preferred layout and timeline. Lewis can compare latest package, floor/layout plan, rental logic, risks and alternatives.

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Budget

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Buying purpose

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Preferred layout

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Timeline

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Related projects

Compare these before booking so you can check price, area, risk and rental logic side by side.

Similar budget range, useful for comparing entry price and monthly commitment.

Similar budget range, useful for comparing entry price and monthly commitment.

Similar budget range, useful for comparing entry price and monthly commitment.

Need Lewis to check if this project fits you?

Send your budget, buying purpose and preferred layout. Lewis can compare the latest package, floor plan, rental logic, risk notes and alternatives.

WhatsApp Lewis