Ideal United Bintang International Bhd's wholly-owned subsidiary Ideal Capital Venture Sdn Bhd had today signed a head of terms with PR1MA Corp Malaysia to jointly develop RM828.6 million worth of properties at Penang's Bandar Gelugor. In a statement to Bursa Malaysia today, Ideal United said Ideal Capital and PR1MA plans ... Read More

Ideal United Bintang International Berhad (IUBIB) has announced to Bursa Malaysia its proposed acquisition of 1st Avenue Mall in George Town at RM153 million last week. The company’s subsidiary, I Homes Properties Sdn Bhd (IHomes), entered into a conditional sales and purchase agreement with 1st Avenue Mall Sdn Bhd (1AMSB) ... Read More

A proposed joint venture development between Ideal Property Group and Koperasi Kampung Melayu Balik Pulau Berhad in Balik Pulau. The 88-acres multi-phased integrated development will feature a hotel, 320 units of condominium, 360 units of low costs apartments, 67 units of double storey bungalow, 216 units of double storey semi detached houses 222 ... Read More

Ideal United Bintang International Berhad (IUBIB) had on July 9, 2019 submitted to Bursa Malaysia, announcing the acquisition by IUBIB of the 100% equity interest in Ideal Greencity Sdn. Bhd. (‘Ideal Greencity”). The 100% equity interest which comprises a total of 1,000,000 ordinary shares of RM1.00 each, was purchased for ... Read More

Penang's leading developer, Ideal Property Group, was recognised as among the best developers in Malaysia, during the recent Property Insight Prestigious Developer Awards (PIPDA) 2019 presentation ceremony held in Kuala Lumpur. The Property Insight Prestigious Developer Awards 2019 serves as a benchmark for local property developers to strive for, celebrating ... Read More

A proposed mixed development by GVC Property Sdn. Bhd. (Ideal Property Group) at Bayan Baru. Strategically located along Persiaran Bayan, adjacent to SK Sungai Ara and SJKC Chong Cheng. It is about 1km to Setia SPICE Arena, under 5 minutes drive to Penang International Airport. This development comprises a mix ... Read More

A proposed commercial development by Ideal Design Management Sdn. Bhd. in Bayan Baru. Strategically located next to the intersection of Jalan Tengah and Jalan Mayang Pasir, adjacent to Pantai Hospital. The land is approximately 8.5 acres, currently occupied by Giant Hypermarket. This development will see the demolition of the existing 2-storey ... Read More

A newly proposed affordable housing develoment by Ideal Homes Properties Sdn. Bhd. at Balik Pulau, Penang. It is located near the west coast of Penang Island, adjacent to Prestige III housing scheme by PLB Homes. Driving to Balik Pulau town centre will take approximately 10 minutes, under 35 minutes to ... Read More

Yet another affordable housing proposed at Bayan Lepas by I-Global Property Network Sdn. Bhd. (Ideal Property Group) at Bayan Lepas. Located along Jalan Dato Ismail Hashim, easily accessible via Jalan Sultan Azlan Shah. It is just a stone's throw away the One Forest affordable house scheme. This development comprises one ... Read More

Tropical Island Resort Sdn Bhd (TIRSB) has entered into a joint-venture agreement with Q Islands Development Sdn Bhd (QID), a subsidiary of Ideal Property Group, to redevelop the Jerejak Rainforest Resort & Spa and the 80 acres of land owned by TIRSB on the island. TIRSB is a joint-venture company ... Read More