BandingHouse

Ideal Vision Park @ Tree Sparina

Barat Daya, Penang · High-rise (condo, apartment, flat) · Freehold

Homes in Ideal Vision Park @ Tree Sparina have sold for a median of

RM618,000

RM513 psf on the recorded floor area

RM580,000median RM618,000RM660,000

Half of the 77 recorded sales fell between RM580,000 and RM660,000. One in ten went under RM560,000, one in ten over RM698,400. Sales run from 8 October 2021 to 18 November 2025.

Up 14% from a RM580,000 median in 2021 to RM660,000 in 2024.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Penang, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as high-rise (condo, apartment, flat) under a Freehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.

Year by year

YearMedian soldPer sq ftSales
2021RM580,000RM486 psf6
2022RM600,000RM509 psf31
2023RM625,000RM512 psf29
2024RM660,000RM548 psf7
2025RM672,500RM550 psf4

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other high-rise (condo, apartment, flat) schemes in Barat Daya with enough recorded sales, cheapest first. By median sold price, Ideal Vision Park @ Tree Sparina sits 55 of 64 in that set.

Against Penang

Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. Ideal Vision Park @ Tree Sparina’s own median is RM618,000 — higher than that state median. Full Penang table.

Cash and monthly on the RM618,000 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM61,800
  • Transfer duty (MOT): RM12,540
  • Loan duty (0.5%): RM2,781
  • Total cash: RM77,121

Monthly carry

  • Instalment (35y @ 4.00%): RM2,463
  • Total monthly: RM2,463

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in Ideal Vision Park @ Tree Sparina sold for?
A median of RM618,000 (RM513 psf), from 77 land-office transactions between 8 October 2021 and 18 November 2025.
What is a typical band here?
Half of recorded sales fell between RM580,000 and RM660,000. One in ten went under RM560,000; one in ten over RM698,400.
Has the median moved?
From RM580,000 in 2021 to RM660,000 in 2024 (+14%), using only years with five or more sales.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.