Ideal Venice Residency

Ideal Venice Residency (13 January 2026)

Ideal Venice Residency (GPS: 5.37339, 100.30409) is an affordable housing development in Bukit Gelugor, Penang. It is phase 2 of the former Pr1ma @ Bukit Gelugor. The property is located along Jalan Lembah with its entrance at Lorong Lembah 3. The area was formerly part of Kampung Kastam. Two roads in the area, Lorong Lembah 1 and Lorong Lembah 2, were expunged to make way for the project.

Ideal Venice Residency is being developed by Ideal Capital Venture Sdn Bhd, a subsidiary of Ideal Property Group. It comprises two 46-storey blocks offering 1,632 housing units. Each unit has a built-up area of 850 sqft. There are two floor types: A and B. Type A are affordable units given to the state government to allocate for the Perumahan Rakyat 1 Malaysia (PR1MA). Type B is sold by the developer on the open market. There are two lifts to serve the Type A units and five for the Type B units.

The car park is from levels 1 to 7. Facilities is on level 8. The initial maintenance fee is RM178 for the units with 1 standard car park, and RM190 for units with tandem car park or 2 standard car park lots. Sinking fund is 10% of the maintenance fee.

Enquiries

Ideal Property Group
Phone: 604-637 1399, 604 611 8368, 017 383 2218

Ideal Venice Residency Floor Plan
© Ideal Property Group

Facilities at Ideal Venice Residency

Facilities at Ideal Venice Residency include 24-hour security, multi-storey car park, swimming pool, Jacuzzi, gym, barbecue pavilion, games room, yoga room, children's pool, exercise station, family lounge, basketball court and badminton court, among others.

Location of Ideal Venice Residency

Ideal Venice Residency is 7.6 km to Komtar, 4.8 km to the Penang Bridge, 12.9 km to the Second Penang Bridge and 11.0 km to the Penang International Airport.

Nearby amenities from Ideal Venice Residency

Market: Taman Tun Sardon Market (GPS: 5.36941, 100.30565; 1.1 km)
Hypermarket: Lotus's E-Gate (GPS: 5.37789, 100.31526; 2.9 km)
Petrol station: Petron Gelugor (GPS: 5.3724, 100.30909; 1.7 km)
Chinese primary school: SJKC Phei Shin (GPS: 5.38684, 100.31361; 3.2 km)
International School: Wesley Methodist School International (GPS: 5.39706, 100.32664; 5.5)
Hospital: Lam Wah Ee Hospital (GPS: 5.3925, 100.30536; 3.2 km)

Public transport at Ideal Venice Residency

The nearest bus stop, along Jalan Lembah 400m away, is served by Rapid Penang bus 206 and 302.

Traffic situation at Ideal Venice Residency

Traffic is still low on Jalan Lembah, but when this project is completed, traffic is expected to increase.

Ideal Venice Residency is on the Map of Jalan Lembah, Penang

Ideal Venice Residency is on the Map of Bukit Gelugor, Penang

Ideal Venice Residency under construction

Ideal Venice Residency nearing completion (20 September 2025)

Ideal Venice Residency under construction (21 January 2025)

Ideal Venice Residency under construction (12 December 2024)

Ideal Venice Residency under construction (16 November 2024)

Ideal Venice Residency under construction (16 July 2024)

Ideal Venice Residency under construction (8 June 2024)

Ideal Venice Residency under construction (11 April 2024)

Ideal Venice Residency under construction (28 March 2024)

Ideal Venice Residency under construction Jalan Kampung Kastam roadsign (16 August 2023)

Before the construction

Ideal Venice Residency occupies land of Jabatan Kastam. Before the condominium was built, the land held the living quarters of custom officers.

Perumahan Kastam Gelugor (10 January 2014)

Jalan Lembah, Gelugor Jalan Lembah in Gelugor before the construction of Ideal Venice Residency. (10 January 2014)

Perumahan Kastam Gelugor (10 January 2014)

Perumahan Kastam Gelugor Jalan Lembah, at the junction of Lorong Lembah 3. (10 January 2014)

Perumahan Kastam Gelugor Custom officers' living quarters along Jalan Lembah. (10 January 2014)

Page Details

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List of Condominiums in Penang and Condominiums in Malaysia