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Lucerne Residences brings old-world elegance to modern Penang, blending Swiss-inspired resort aesthetics with practical family layouts and an amenity-rich lifestyle. Located in the up-and-coming Ideal City, this freehold dual-tower project is a nod to Lucerne, Switzerland offering scenic vibes, low-density living, and strong connectivity to everything that matters. Completion is targeted for 2028.
As of August 2025, about 59% of the units have been sold, according to data from the Housing and Local Government Ministry (KPKT). This is referred to as the absorption rate, which shows how many units have been taken up by buyers so far. The average transacted price for non-landed homes around Lucerne Residences is RM355,000 in 2024, with recent transactions ranging from RM174,000 to RM505,000.
Lucerne Residences’ indicative price range of RM663,900 to RM938,290 for its 1,100 to 1,200 sq ft apartments translates to approximately RM553 to RM853 psf.
This places it above the average psf of competing projects in the area, with Summerskye Residences averaging RM 550 psf, Solaria Residence at RM 500 psf, and Tree Sparina at RM 510 psf.
Specifically, Lucerne’s entry-level psf surpasses the 25th percentile price of Summerskye (RM 541 psf) and Tree Sparina (RM 473 psf), while its upper range exceeds the 75th percentile of all three benchmarks RM 594 psf for Summerskye, RM 543 psf for Solaria, and RM 553 psf for Tree Sparina.
This pricing signals Lucerne Residences’ positioning as a premium, newly launched project catering to buyers willing to invest in modern layouts, upgraded facilities, and a prime location with strong lifestyle appeal.
The chart shows the distribution of prices for units at Lucerne Residences. A strong peak is seen in the RM750,001 to RM800,000 range, where the majority of the units (108) are located. The next largest group is in the RM800,001 to RM850,000 range, with 63 units.
At the lower end, just 10 units fall into the RM650,000 to RM700,000 range, while at the upper extreme, only 2 units are priced between RM900,001 and RM950,000.
This distribution indicates that most units are concentrated in the mid-to-high price range, with minimal availability at either end of the spectrum.
Buyer considerations for Lucerne Residences
Lucerne Residences brings a fresh addition to Penang’s high-rise scene, but buyers should note several considerations. Its pricing, ranging from RM663,900 to RM938,290, positions it at the higher end compared to some nearby projects, which could deter price-sensitive buyers or investors aiming for stronger rental yields.
The development also sits in a competitive corridor with multiple upcoming launches in Bayan Lepas and Sungai Ara, potentially affecting future capital appreciation and rental demand. While it offers modern facilities and lifestyle appeal, the surrounding area continues to evolve, meaning residents may face a wait before enjoying a fully matured neighbourhood ecosystem.
Location & connectivity
Set in Ideal City, Bayan Lepas is a strategic hub surrounded by tech parks, LRT stations, and key highways. You’re minutes from schools, malls, hospitals and the airport. This is high-convenience living at the gateway of Penang’s growth corridor.
Nearby amenities include:
- Shopping: Giant Hypermarket, Sunshine Square, Mydin Bukit Jambul, Aeon Queensbay
- Transport: Penang International Airport, 2nd Penang Bridge, Jalan Tun Dr. Awang, Penang LRT (proposed stations nearby)
- Education: Straits International School, Chung Shan Primary, SK Bayan Lepas, INTI, PSDC, Fairview International
- Healthcare: Klinik Medilife, Klinik Kesihatan Bayan Lepas, Pantai Hospital Penang, Klinik Bersatu 16 Jam
- F&B & lifestyle: Solaria Square, Summerskye Square, McDonald’s, KFC, Kompleks Sri Selera
Project details
Lucerne Residences features two elegant towers designed with low-density “Sky Semi-D” layouts. Buyers can choose between Type A (1,200 sq ft) or Type B (1,100 sq ft), with 3 bedrooms and up to 3 bathrooms. Dual-key and wide-balcony concepts offer flexibility for multigenerational living.
Key project highlights:
- Freehold tenure
- Dual-key concept units
- 1,100 – 1,200 sq ft layouts
- 2–3 bedrooms, up to 3 bathrooms
- 2 car park bays per unit
- Extra-wide balconies
- Low-density design with only a few units per floor
- Optimized natural lighting & ventilation
- Airport, pool, and bridge view options
- Sky Semi-D layout for privacy
- Indicative price range: RM663,900 – RM938,290
- Absorption rate: 59%
Facilities
A full-blown resort playground at Level 5 themed after Lucerne’s iconic landscapes. Ideal put serious thought into creating a serene, family-friendly atmosphere with that sweet Euro aesthetic.
- Water & relaxation:
- Lake Lucerne & Lucerne Bay
- Poolside bar
- Jacuzzi
- Swan Reflection Pond
- Kiddos Water Play
- Moon Deck
- Rathausquai Deck
- Wasserturm Observatory
- Chapel Bridge
- Sunken Lounge
Fitness & wellness:
- Fitness center
- Jogging track
- Outdoor workout circuit
- Reflexology path
- Meditation/Yoga deck
- Kitchen garden
Family & lifestyle:
- Co-working library
- Function deck
- BBQ square
- Outdoor lounge
- Kinderfunz Station
- Kiddo Park
- Mini-amphitheater
- Wald seating
- Leisure lounge
Standout features
Lucerne isn’t just about vibes it’s packed with functional, liveable features. Dual-key layouts, wide balconies, and solid build quality meet immersive theming and tight security. Ideal nailed the blend of fantasy and function.
Pricing & availability
- Type A (1,200 sq ft): 3 beds, 3 baths, dual key
- Type B (1,100 sq ft): 3 beds, 2 baths + 1 utility
- Free legal fees on SPA & loan agreement
- Competitive pricing (actual figures not listed, but market estimates suggest mid-range for Penang island)
Lifestyle & community
Lucerne is perfect for families who want that staycation feel daily. It’s secure, serene, and surrounded by the best of Bayan Lepas. Ideal City is built for walkability and accessibility, and Lucerne fits right into the picture with its distinctive Euro-inspired design.
