Ideal Vision Park is a mixed development on freehold land, located in the vicinity of Sungai Ara, Penang. The development will be launched in phases over a five-year period and is undertaken by the developer, Ideal Property.Ideal Vision Park would consist of 80% residential properties and the rest would be allocated for commercial purposes. The remaining phases have yet to be announced yet but it is determined that Tree Sparina would be the first phase of the residential units. Once completed, it is also estimated that Ideal Vision Par would have a total of 550,000 sf of commercial space.Ideal Vision Park adopts a "slow-city" concept that aims to promote environmental sustainability and environmentally friendly practices, healthy living as well as preservation of traditional trades and delicacies, which all contribute toward an improved quality of living for its residents. There are also plans to introduce an international school within the 25 acres of land for the convenience of the residents.The location of the Ideal Vision Park is less than ideal. It is located very near to the Penang International Airport but that's pretty much about it. At the moment, basic amenities could only be found in the township of Bayan Lepas which is approximately 2.5 kilometers away from the development. The nearest shopping complexes are located in Bayan Baru which includes a Giant Hypermarket and Sunshine Square. The nearest hospital from Ideal Vision Park is Hospital Pantai Mutiara, and nearby educational institutions only includes SK Bayan Lepas. Others are again, located in Bayan Lepas which include Straits International School, and INTI International College Penang. Accessibility to the location is good as there is Jalan Tun Dr Awang and Jalan Sultan Azlan Shah, though the latter has a tendency to see a lot more standstill traffic.
Property Details
Name: Ideal Vision Park Address: Off Jalan Tun Dr Awang, 11900 Sungai Ara, Penang Developer: Ideal Property Type: Condominium & Retail Shop Tenure: Freehold No. of Units Condominium: 1,945 Land Area: 25 acres Built-up Condominium: 900 - 1,500 sf Launch Price Condominium: From RM400,000 - RM670,000Analysis
Despite the large land size of 25 acres, there is a whopping 1,945 units of condominiums located on that same piece of land, and another 550,000 sf of commercial space to boot! Make no mistake about this development, it is most definitely considered to be high density but the only saving grace is the somewhat reasonable price on part of the developer, going at an average of RM450 psf.
