A proposed mixed development by Ideal Green Resources (Ideal Property Group?) at Bayan Lepas, Penang. It is strategically along Jalan Sultan Azlan Shah, adjacent to Ideal Vision Park.   This development comprises six parcels, featuring a mixed of commercial and residential properties including affordable housing: Parcel A: 7-storey shop offices Parcel B: 40-storey low cost housing ... Read More

Penang-based developer Ideal Property Group plans to launch RM2.723 billion worth of condominium projects, with more than 3,600 units in total, on the island this year. Having launched the RM378 million SummerSkye Residences in Bayan Lepas, it is now looking to unveil its biggest project in terms of value in ... Read More

Ideal Property Development Sdn Bhd, the parent company of Ideal United Bintang Bhd (IdealUBB), will initiate a corporate exercise in the second half of this year to inject RM1bil worth of properties into IdealUBB. The properties are priced below RM600,000. “This is part of an on-going corporate exercise over five ... Read More

Penang-based property player Ideal United Bintang Bhd (IUBB) plans to stick to affordable housing projects in the next two years, given the slowdown in the economy and property sector in the country. IUBB's executive chairman Datuk Alex Ooi Kee Liang said at present, the group will be concentrating on its ... Read More

Ideal United Bintang Bhd (IUBB), a heavy machinery and equipment trading company, said its parent company Ideal Property Group will inject a RM1bil property project into the company by the end of this year. This is part of an on-going corporate exercise over five years to turn IUBB into a ... Read More

* PROJECT CANCELLED * Another proposed i-Condo affordable housing development by Ideal Property Group in Sungai Ara, Penang. Strategically located along Jalan Paya Terubong, just a stone's throw away from Golden Triangle condominium. The affordable development comprises a 37-storey building with 802 condominium units. It is expected to be priced ... Read More

An upcoming affordable housing development by Ideal Property Group in Tanjung Tokong, Penang. The piece of land which was previously planned for a 988-units condominium project (i-Santorini @ Tanjung Pinang) is now being re-purposed for i-Condo affordable housing. The new development plan comprises two parcels: Parcel 1: 2 blocks of ... Read More

The Amarene, the next phase of Ideal Vision Park by Ideal Homes in Bayan Lepas, Penang. This development is strategically located near learning institutions including the proposed new schools: Chung San Primary School and Heng Ee Primary and Secondary Schools as well as the Straits International School. More details to be available upon launching ... Read More

United Bintang Bhd (UBB), an importer and exporter of used and reconditioned heavy machinery, will pursue property development plans in Penang under the direction of its new majority shareholder, Datuk Alex Ooi. Ooi, who now owns 32% of UBB, is the executive chairman of UBB and chief executive officer of ... Read More

Tree Sparina, the phase 1 of Ideal Vision Park in by Ideal Property in Bayan Lepas, Penang. This project is strategically located along Jalan Tun Dr. Awang adopting ‘slow-city’ concept that promotes healthy living, environmentally friendly practices, preserving traditional trades and cuisine and, generally, an improved quality of life for ... Read More