3 Images
3 Images
Duplex Condominium

5 Bedroom Freehold
Property Address
Unit No. 99B-10-1, The Ideal Regency, Jalan Bukit Gambir, 11700 Gelugor, Penang
Built Up
Approx. 3,068 sq.ft
Reserve Price
RM 1,260,000.00 (Approx. RM 410 per sq.ft)
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Deposit
10% of Reserve Price (Auction Deposit, if made via online transfer, must be deposited directly into our company's bidder deposit account only. We have not authorised any 3rd party to receive the same on our behalf.)
Property Highlights

Surrounding Amenities:
✔ Mature Location with high visibility
✔ Surrounded by residential areas
✔ High rental demand (strategic town area)
✔ 4 min to University Sains Malaysia (USM)
✔ 6 min to SK Bukit Gambir & SMK Bukit Gambir
✔ 7 min to Lotus's Sungai Dua & McDonald's Desa Universiti
✔ Well-connected to Penang Bridge
✔  Easily accessible via Jalan Bukit Gambir, Jalan Universiti & Jalan Sultan Azlan Shah

Auction Details

Reference No.
NCM/AMB/60922
Plaintiff / Assignee
Owner Auction
Defendant / Assignor
Auction Date & Time
8th September 2025, Monday, 11:00 AM
(Counter Registration closed at 10:45 AM)
Auction Venue
Ng Chan Mau Auction Room
No. 7, Ground Level, Block B, Megan Avenue II, No. 12, Jalan Yap Kwan Seng, 50450 Kuala Lumpur
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Why buy Ideal Regency, Bukit Gambier

Ideal Regency(also known as i-Regency) is a freehold condominium located at Bukit Gambier, 11700 Gelugor, Penang. It is developed by Cygal Properties and was completed in 2009.

Ideal Regency comes with 5 blocks of 8 & 21 storey building which comprises a total 258 units. The built-up size of the unit measures approximately 1200 sf, 1325 sf and 1500 sf in size. All units come with 3 bedrooms.

Ideal Regency provides facilities such as swimming pool, 24-hour security with alarm, card access and camera system, barbecue area, gymnasium, playground, jogging track, sauna/steam bath, and mini mart/store. Besides, there are 2 side by side covered car parks near to elevator and the balcony is facing to the Palm Palladium.

Ideal Regency is near to amenities such as shopping mall (Tesco Extra Sungai Dua, Giant Hypermarket, BayAvenue and Queensbay Mall), colleges (USM), and schools (SMK Bukit Gambir, SMK Bukit Jambu, SRJK(c) Kwang Hoe, St Christopher's International Primary School and SMJK Phor Tay).

Bukit Gambir is easily accessible from the Northbound (Georgetown) and Southbound (Bayan Lepas) through the Jelutong Expressway which can be accessed via the ramp near Tesco Penang (nearby Bukit Dumbar). 


Quick Facts
Name: Ideal Regency
Tenure: Freehold
Type: Condominium
Address: Bukit Gambier, 11700 Gelugor, Penang
Developer: Cygal Properties
Year Of Completion: 2009
No. of Blocks: 5
No. of Storey: 8 & 21
Total Units: 258
Built-Up size: 1200 sf, 1325 sf and 1500 sf
Unit Types: 3 bedrooms
Maintainance Fee: RM200
Loan Calculator

Down Payment
10%

RM 4,752.65
per month
RM
RM
%
Years
Loan Margin 90% 80% 70%
Loan Term 35 Years 35 Years 35 Years
Interest Rate 3.6% 3.6% 3.6%
Down Payment 10% 20% 30%
Loan Amount RM 1,134,000.00 RM 1,008,000.00 RM 882,000.00
Estimated Monthly Installment RM 4,752.65 RM 4,224.58 RM 3,696.51
Note
  • For intending bidders, please call our hotline for latest auction status as auction may be withdrawn / called off at last minute.
  • Intending bidders are advised to obtain a copy of the Proclamation of Sale before participating the auction.
  • The photographs shown herein are solely for general identification and information. 
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