Queens Residences Q3 @ Queens Waterfront
- dreamer空想家

- 8 hours ago
- 3 min read
Queens Residences Q3 — Spanish resort living arrives on the Queensbay waterfront. This one is a completely different weight class from the first-home projects we have covered before: Queens Residences Q3, the third phase of Ideal Property Group's Queens Waterfront series. If you know the Queensbay area at all, you will know Q1 and Q2 crossed RM1,000 psf a while back and have built a solid name among Penang's seafront addresses. Now it is Q3's turn, and we are taking a closer look.

Source from Queens Residences 3
▎Location
➜ Reclaimed land directly facing Queensbay Mall
The whole Queens Waterfront development sits on reclaimed land in Bayan Lepas, with its main entrance facing Queensbay Mall, one of the largest shopping centres on the island, with more than 400 shops plus food and entertainment. Further out, Queens Sports Centre, international schools and medical centres are all within walking distance or a few minutes' drive, so amenities are not something you need to worry about.
➜ Getting around: where airport traffic meets upmarket tenants
Penang International Airport, the Free Trade Zone (FTZ), USM and Pantai Hospital are all a few minutes' drive away, and getting onto the Penang Bridge is straightforward. This part of Bayan Lepas has long been where tech and medical professionals cluster, and with Queensbay Mall and the waterfront setting on top of that, the tenant and buyer profile here looks quite different from a typical flats neighbourhood. It leans towards mid-to-upper owner-occupiers and investors.

Source from Queens Residences 3
▎Project Details
➜ Q3 picks up where Q1 and Q2 left off
Queens Residences Q3 is developed by Ideal Gim Venture Sdn Bhd, a company under Ideal Property Group, right beside the completed and well-regarded Q1 and Q2. Over the years Q1 and Q2 have picked up a string of awards including the FIABCI Malaysia Property Award and the Asia Pacific Property Awards, which in a sense has already laid the groundwork for Q3.
Source from Queens Residences 3
➜ Four layouts, 950 to 1,400 sqft
Q3 offers four layouts, Type A, B/B1, C and D, ranging from 950 sqft to 1400 sqft. Most of the larger units look out over the Penang Bridge and Pulau Jerejak. Tenure is freehold.
Unfurnished (Package B) starts from about RM958,130 for 950 sqft and about RM1,988,640 for 1400 sqft. Fully furnished (Package A, an interior-designed fit-out including furniture and appliances) starts from RM1,050,580, and about RM2,180,530 for 1400 sqft.
(There are various pricing packages and promotions available at the moment, depending on layout and floor level. Get in touch with us for the latest quote.)
Source from Queens Residences 3
▎Facilities — a Spanish resort by the sea
Q3 commits to a Spanish-Mediterranean theme throughout, with all the facilities gathered on level 7 and split into three zones:
OLA ZONE is the water zone: infinity pool, jacuzzi, Balearic Pavilion, pool bar, children's splash pool and tiered cascading water features. Essentially a holiday you don't have to leave home for.
TIERRA ZONE is the quieter, lifestyle side, with a Wellness Club, flamenco and yoga studios, a co-working lounge, a board games room, a DIY workshop and separate saunas for men and women. Good for residents who work from home or like to entertain.
ACTIVA ZONE looks after families, with a family lounge, children's playground, sand pit and BBQ garden all in one place, so there is plenty for the kids downstairs. The overall design language is "Spain by the sea", and compared with Q1 and Q2 in the same series, Q3 zones things more finely and feels more complete to move through.
Showroom
▎Project Guide
Project Name: Queens Residences Q3
Developer: Ideal Property Group (Ideal Gim Venture Sdn Bhd)
Location: Queens Waterfront, Bayan Lepas, Penang (directly facing Queensbay Mall)
Tenure: Freehold
Layout: 950 – 1400 sq.ft., Type A/B/B1/C/D (4-5 options)
Price Range: from about RM958,130 unfurnished; from about RM1,050,580 fully furnished
Estimated Completion: around end-2027, subject to the developer's latest progress
Brochure: Link🔗
VR Tour: Link🔗
Tip: construction is currently at around level 7. If you are interested, get in touch early and we can arrange a site visit to go through the latest layouts, floor availability and promotions.
Queens Residences 3 location



















































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