IDEAL PROPERTY GROUP

Ideal Property Group was established in year 2001 with its primary activities being in property development and construction. Ideal Property Group aims to bring together humanistic, community-focused, energy-saving and environmentally sustainable elements to build quality developments in which people want to live, work and thrive. From high-rise luxury condominiums to landscaped residential properties and thriving business park, the growing portfolio of project has made Ideal Property Group a trusted market-leading name constantly at the forefront of property development in Malaysia. Throughout the years, Ideal Property Group has been consistently ranked among the top developers within Northern Region of Malaysia and bestowed numerous accolades from local and international awards for excellence in areas such as construction, architecture, philanthropy and community planning development from bodies such Asia Pacific Property Awards, PropertyGuru Asia Property Awards and The Starproperty.my Awards.

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  • Construction of customized / prefabrication of green technology manufacturing building and related manufacturing facilities.

READY CATCHMENT OF TALENTS

• Collaborations with top-notch institutions & agencies
• Population of more than 500,000 within a 15km radius

ATTRACTIVE GOVERNMENT INCENTIVES & SUBSIDIES

• Income tax exemption
• Investment tax allowance
• Exemption from stamp & import duties
• Wage subsidy*
     * Subject to individual company’s criteria & authority’s approval

COMPLETE LAND AUTONOMY (FREEHOLD)

• Higher appreciation value
• No state consent required for subsale / subletting
• No restriction in interest endorsement on land title

EASY CONSTRUCTION FACILITATION

• Fast-track Construction Permit Process with a 10-month project milestone expedites the building construction process

PROXIMITY TO SEAPORT, AIRPORT & NEARBY AMENITIES

• East connectivity to the rest of the world via Penang Port (23km) & Penang International Airport (42km)
• Readily available amenities within the vicinity for convenience and higher investment value

WELL-DEVELOPED INFRASTRUCTURE &
UTILITIES SERVICES

• Easy access to major routes & ports for seamless logistics and distribution networks
• Ready-to-go electricity, water supply & 5G high speed internet

WORKER DORMITORIES/
CENTRALISED
LABOUR QUARTERS (CLQ)

Malaysia Federal Government
• Malaysian Investment Development Authority (MIDA)
• Northern Corridor Implementation Authority (NCIA)
• Jointly promote, attract & facilitate investments in PTP
• Incentives & Subsidies

Penang State Government
• Fast track approval from state department & agencies.
• Fast track construction permit (E10)
• Grant of industry park name “Penang Technology Park @ Bertam”

SEAMLESS INDUSTRIAL &
PROPERTY SERVICES

• One-Stop Centre offers an exclusive range of services to assist investors in setting up their businesses
• Park Management oversees the operations of the Park & manages industrial lan, building & facilities

  • To provide all type of services to investors.
  • Laison with local authority.
  • Laison with investors on land & building matters
  • Fast Track Approval

Source: Tenaga National Berhad

  • Main supply 275/132kV
  • Features: reliable, stable, uninterruptible, near constant quality
  • Initial power supply capacity: up to 200 MVA
  • Investor may apply to TNB for higher power supply.

Source: Perbadanan Bekalan Air Pulau Pinang (PBA)

  • Capacity: up to 3.5 million gallons per day (MGD)

Source: TM Berhad / Maxis

  • Fiber optics: 24 core lines
  • 5G network
  • Broadband / mobile service providers
  • Attractive incentives, right and privilege offered by NCIA
  • Tax exemption.
  • Top-of-the-line CCTV
  • Main road surveillance system
  • Police beat base
  • Security control centre
  • Flexibility & alternative from non FTZ Zone.
  • Import & export tax exemption.
  • Fast track approval on business license from MIDA.
  • Solar as an ESG solution.
  • Solar system on dry detention pond. Initial power supply capacity: up to 26 MVA
  • Savings on energy costs & deliver long-term predictable financial returns.
  • Solar energy specialist services available for factory building.

GOVERNMENT SUPPORT TO BOOST INVESTMENT

• Federal Government (e.g. Malaysian Investment Development Authority [MIDA] & Northern Corridor Implementation Authority [NCIA]) to jointly promote, attract & facilitate investments, including the introduction of incentives & subsidies.
• Fast track approval from state department & agencies.
• Grant of industry park name “Penang technology Park @ Bertam”