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SITE PROGRESS: Imperial Grande (Mar 2020)
About Imperial Grande A mixed development by Modular Platinum Sdn. Bhd. (Ideal Property Group) in Sungai Ara, Penang. It is located along Jalan Fettes, surrounded by Iconic Skies, Gardens Ville and Imperial Residence. This development will offer a mix of landed and high-rise properties, with 2 level of shop offices ... Read More
Eco Bloom – A Lifestyle Condominium
As parcels of land in the once sleepy-hollow of Simpang Ampat on mainland Penang got sold, new housing estates have been developing and the town is now bustling with activity. The Northern Light Private School is located in Simpang Ampat, while GEMS International School at Pearl City is also within ... Read More
Ideal Residency
Ideal Residency, formerly known as PR1MA @ Bukit Gelugor, is an affordable housing development by Ideal Capital Venture Sdn. Bhd. (a subsidiary of Ideal Property Group) in Penang Island. This development is strategically located on Kampung Kastam land near the intersection of Jalan Bukit Gambier and Jalan Lembah. It's only less ... Read More
Bank Negara lowers OPR by 25bps to 2.5%
The Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to reduce the Overnight Policy Rate (OPR) by 25 basis points to 2.50%. It said the ceiling and floor rates of the corridor of the OPR are correspondingly reduced to 2.75% and 2.25%, respectively. “The reduction in the OPR is ... Read More
The Park @ Mak Mandin completed with CCC
The Penang government is calling all housing developers to work with the state to develop affordable housing projects. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the state government would continue to lend their support and assist developers who are keen on developing affordable ... Read More
Mega Property Expo @ SPICE Arena (6 – 8 March)
The year 2020 is a great opportunity to invest in the housing market! Planning to do so? Well, mark your calendar down because MEGA PROPERTY EXPO will be showcasing various types of property developments including state government affordable housing projects together with the outstanding property developers in Penang! Visit Mega ... Read More
Ideal to launch Ideal Residency in Q3 this year
Ideal United Bintang International Berhad and its subsidiaries announced a consistent revenue above RM500 million in its financial year period ending 31 December 2019, with a Total Comprehensive Profit of RM87.9 million for the period. Profit attributable to owners of the company stood at RM58.15 million in 2019, representing an ... Read More
Property Insight unveiled its inaugural ‘Malaysia’s Top 100 Property Developer Brand’ ranking
Malaysia’s best-selling property magazine, Property Insight has revealed its inaugural ‘Malaysia’s Top 100 Property Developer Brand’ ranking in collaboration with Acorn Marketing & Research Consultants (M) Sdn Bhd (Acorn Marketing). Acorn Marketing is the leading market research company and the largest independent Asian Marketing research and consultancy group across the ... Read More
UPCOMING: Prai / Urban Shine Development Sdn. Bhd.
A newly proposed small scale light industrial development by Urban Shine Development Sdn. Bhd. at Perai. It is located near Prai Industrial Estate, neighboring with many SME factories and manufacturing plants. Just a mere minutes drive from Penang bridge. This development will offer 10 units of 2-storey semi-detached light industrial ... Read More
The first phase of The Light City is scheduled for completion in 2024
IJM Land Bhd’s construction subsidiary, Jurutama Sdn Bhd, is set to develop the stalled RM4.5bil The Light City project, which is located next to the Penang Bridge. According to IJM Perennial Development Sdn Bhd general manager Tan Hun Beng, the details of the contract for the project were now being ... Read More
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