The Ideal Regency (i-Regency) - Gelugor
Discover the newest homes, prices, and deals for The Ideal Regency (i-Regency) – in Gelugor. If you’re looking to purchase, lease, or put your home on the market, receive professional advice now.
Property Overview
The Ideal Regency (i-Regency) in Gelugor is a stylish residential development offering a blend of modern living and convenience. Perfectly situated in the heart of Gelugor, this property comprises spacious units with thoughtfully designed interiors and contemporary finishes. Residents can enjoy a plethora of on-site facilities, including a swimming pool, gymnasium, landscaped garden, children’s playground, and 24-hour security for peace of mind.
The location is ideal for families and professionals alike, with easy access to nearby amenities such as Tesco Penang, Queensbay Mall, and educational institutions like Universiti Sains Malaysia. Moreover, its proximity to the Penang Bridge makes it a strategic spot for seamless connectivity to the rest of the island and the mainland.
For potential buyers and tenants, The Ideal Regency offers a variety of unit sizes, with estimated sale prices ranging between MYR 450,000 to MYR 800,000. Meanwhile, rental prices are competitive, generally spanning from MYR 1,500 to MYR 3,000 per month, providing excellent value given the premium location and comprehensive facilities. Whether you are looking to invest or settle, i-Regency promises a vibrant and comfortable living experience in Penang.
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Why Should You Choose The Ideal Regency (i-Regency) -, Gelugor
Transport & Connectivity:
– Penang Bridge: Approximately 3 km. Connects the island to mainland Penang, facilitating easy commutes.
– Rapid Penang Bus Services: Regular routes available within and beyond Gelugor, enhancing local and intercity connectivity.
– Sultan Abdul Halim Ferry Terminal: Around 7 km. Provides ferry services to Butterworth on the mainland.
Shopping & Dining:
– Queensbay Mall: Approximately 5 km. One of Penang’s largest shopping destinations with numerous retail stores and eateries.
– Tesco Extra Penang: About 4 km. A convenient option for groceries and household goods.
– New Lane Hawker Centre: Around 8 km. Offers a variety of local street food options.
Healthcare:
– Lam Wah Ee Hospital: Approximately 4 km. A reputable private hospital offering various medical services.
– Pantai Hospital Penang: About 5 km. A well-equipped facility providing comprehensive healthcare services.
Education:
– Universiti Sains Malaysia (USM): Within 2 km. A premier university offering a range of undergraduate and postgraduate courses.
– Penang Free School: Approximately 4 km. A historic institution known for its high educational standards.
– INTI International College Penang: Around 6 km. Offers various diploma and degree programs in different fields.
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Frequently Asked Question
What you need to know before engaging our services
We shortlist properties based on your financial plan, preferred location, and specific needs. We also handle negotiations and assist you with the property purchase journey
It depends on your priorities. Brand new properties often offer early-bird discounts and incentives like cashback deals and lower upfront costs, but they take time to complete. Sub-sale properties are ready to move in, allowing you to see the actual condition before buying. We can help you compare options based on your requirements.
You should have your identification card, salary details (salary slip/KWSP record/bank statements), and a loan approval (if needed) to expedite the process.
Aside from the initial deposit (usually 10%), you’ll need to budget for government charges, lawyer costs, bank processing charges, and valuation charges.
Yes! We analyze the market, compare past transactions, and discuss terms with the property owner to help you secure the most favorable price.
We search for listings that match your budget and requirements, arrange viewings, and discuss rental terms with the landlord to secure the best deal for you.
For renting a home, the tenant typically pays an agency fee, which is equal to one month’s rent, depending on the rental duration.}
For renting, you will need your IC or passport, recent payslips, and possibly an employment letter. You may also need to provide a security deposit and utility deposits. Additional documents may be required depending on the landlord’s preferences.
The usual deposit required is 2 months’ security, 1 month’s rent in advance, and a utility deposit.
Typically, if you terminate your tenancy early, you may lose your deposit unless you find a new tenant to take over.