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Bayan Lepas
Goodwood Residence Penang
From RM700,000
- Built-up
- 1,075–1,250 sq ft main parcel
- Bedrooms
- 3+1–4
- Tenure
- Freehold
- Property type
- Condominium
Lorong Sungai Tiram 6, off Jalan Tun Dr Awang, 11950 Bayan Lepas, Penang
Maldives Residences
Maldives Residences offers 850 sq ft (illustrated plans) condominium in Bayan Lepas, Penang. Freehold tenure.
Maldives Residences at a glance
- Indicative price
- From RM498,000
- Location
- Lorong Sungai Tiram 6, off Jalan Tun Dr Awang, 11950 Bayan Lepas, Penang
- Built-up size
- 850 sq ft (illustrated plans)
- Tenure
- Freehold
More project facts
- Developer
- Solaris Prestasi Sdn Bhd (Ideal Property Group)
- Property type
- Condominium
- Completion
- Q3 2027; confirm current delivery status
- Buyer fit
- Maldives is an 850 sq ft family-apartment decision. Its value should be judged on that documented footprint, not marketing upgrade-area labels that make the same home appear larger.
- Key consideration
- The extra 50, 78 or 80 sq ft upgrade labels are not established additional contractual floor area. There are also 1,665 units in the development.
Independent buyer guide by Jack LiewREN 83311 · IQIUpdated 30 September 2026
Project marketing visual; final specifications may differ.
Project overview
Is Maldives Residences right for you?
Maldives is an 850 sq ft family-apartment decision. Its value should be judged on that documented footprint, not marketing upgrade-area labels that make the same home appear larger.
Maldives Residences is in Bayan Lepas. Property type: Condominium. Tenure: Freehold.
Space and configuration
Maldives Residences floor plans
Selected published plans. Confirm the approved drawing for your chosen unit.
Compare the published unit types
| Type | Bedrooms | Built-up | Indicative price |
|---|---|---|---|
| Type B, dual key | 3 Bedroom | 850 sq ft; upgrade treatment varies | RM498,000 |
| Type A, standard | 3 Bedroom | 850 sq ft; upgrade treatment varies | - |
| Type A1, upgrade | 3 Bedroom | 850 sq ft; upgrade treatment varies | - |
| Type C, upgrade | 3 Bedroom | 850 sq ft; upgrade treatment varies | - |
Compare the named type rather than combining a project's smallest starting price with its largest layout. A study or utility room is not automatically an additional bedroom. Selected-unit drawings and quotations take precedence where a phase or variant differs.
Price and ownership budget
What does Maldives Residences cost?
From RM498,000. Published indicative reference reviewed on 23 September 2026. The selected unit, specification and price basis need a current quotation.
Location and real journey
Where is Maldives Residences?
Lorong Sungai Tiram 6, off Jalan Tun Dr Awang, 11950 Bayan Lepas, Penang. Compare the actual entrance-to-destination journey at the times you normally travel. No guaranteed walking or driving time is implied.
Check the actual pedestrian or driving route from the project entrance.
Find the project on Google MapsPublished project details
What else should buyers verify?
Important specification differences
- The drawings label 850 sq ft. The additional 50, 78 or 80 sq ft figures in marketing refer to upgrade treatments; do not treat them as additional contractual floor area without documentation.
Project gallery
Jack's review
What are the pros and cons of Maldives Residences?
What makes it worth considering?
A consistent illustrated three-bedroom size makes household comparisons more direct.
What is the trade-off?
The extra 50, 78 or 80 sq ft upgrade labels are not established additional contractual floor area. There are also 1,665 units in the development.
Desk-based editorial assessment updated 30 September 2026. This is analysis of the published project information, not a claim of a site inspection or achieved rental results. Source dates and unresolved specifications are retained below.
Compare Maldives Residences with alternativesPrice and practical alternatives
What should you compare with Maldives Residences?
Goodwood Penang offers larger main-parcel family accommodation in a smaller project. Queens Q3 is another Bayan Lepas comparison with its own specific plans.
| Project | Price reference | Built-up | Bedrooms | Tenure | Completion |
|---|---|---|---|---|---|
| Maldives Residences | From RM498,000 | 850 sq ft (illustrated plans) | 3 | Freehold | Q3 2027; confirm current delivery status |
| Goodwood Residence Penang | From RM700,000 | 1,075 - 1,250 sq ft main parcel | 3+1 - 4 | Freehold | 2026; confirm current delivery status |
| Queens Residences Q3 | From RM900,000 | 950 - 1,400 sq ft | 2 - 3 | Freehold | End 2027; confirm current delivery status |
Prices are dated indicative references, not proof that the same layout or unit remains available. Compare a current written quotation for the bedroom and size you actually need.
Alternatives worth opening
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Bayan Lepas
Queens Residences Q3
From RM900,000
- Built-up
- 950–1,400 sq ft
- Bedrooms
- 2–3
- Tenure
- Freehold
- Property type
- Condominium
Rental and investment assessment
What would make Maldives Residences work as an investment?
Use rent evidence for the documented 850 sq ft plan and actual configuration. An upgrade treatment does not automatically increase either lettable area or income.
No project-specific market-rent forecast is established by this assessment. Asking rents are not achieved rents; future delivery and an attractive address do not guarantee income.
Ask Jack to check the investment assumptionsMaldives Residences: buyer questions
Where is Maldives Residences?
Lorong Sungai Tiram 6, off Jalan Tun Dr Awang, 11950 Bayan Lepas, Penang.
What is the price?
From RM498,000. Published indicative reference reviewed on 23 September 2026. The selected unit, specification and price basis need a current quotation.
What should I compare before buying?
Upgrade-area labels must not be confused with contractual built-up. Compare the 850 sq ft drawings, selected specification and dual-key entrance arrangement before paying for an upgrade.
What is the tenure?
Freehold.
Which alternatives should I compare with Maldives Residences?
Goodwood Penang offers larger main-parcel family accommodation in a smaller project. Queens Q3 is another Bayan Lepas comparison with its own specific plans.
Continue comparing
More in Bayan Lepas
Evidence and limitations
Sources and verification
Personal project shortlist
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