Welcome
Welcome to Ideal Property Group – one of Malaysia’s leading property developers.
When it comes to building quality, inspiring homes at affordable prices, we create legacies. For nearly two decades, we have delivered highly successful housing developments built upon our expertise in the Penang property market – setting the benchmark in award-winning, eye-catching and highly vaulted developments that have redefined many horizons on our motherland.
Driven by our motto, “Creating Legacy”, Ideal Property Group takes a fresh, innovative and creative eye towards property development. As one of the top leading developer in Penang, we focus on high-value Malaysian properties that appreciate over time and offer a unique lifestyle experience.
Whether in generating ideas, designing or planning for a new project, we ensure the timelessness of each property development through creative and sustainable features that have made our developments the attractive and well-built properties they are today.
Read MoreLatest Project
PIX 1 Residences
Maldives Residences
Read MoreProject: Maldives Residences
Location: Bayan Lepas, Penang
Tenure: FreeholdMaldives Residences
Queens Residences Q3
Read MoreProject: Queens Residences Q3
Location: Queensbay, Penang
Tenure: FreeholdQueens Residences Q3
Ideal Business Hub
Read MoreProject: Ideal Business Hub
Location: Bertam, Penang
Tenure: Freehold Industrial LandIdeal Business Hub
Penang Technology Park @ Bertam
Read MoreProject: Penang Technology Park @ Bertam
Location: Bertam, Penang
Tenure: Freehold Industrial LandPenang Technology Park @ Bertam
Lucerne Residences
Read MoreProject: Lucerne Residences
Location: Ideal City, Penang
Date of Completion: Year 2025Lucerne Residences
Latest News
2026 Ideal Oriental Medi Centre
Tan Sri Datuk Alex Ooi and Puan Sri Datuk Joanne Phor Lead Ideal Property Group into Healthcare and Wellness Sector PENANG – Ideal Property Group […]2026 SJKT Rajaji
Ideal Property Group to Construct New School Building for SJKT Rajaji Ideal Property Group is honoured to undertake the construction of a new school building […]2026 SJKC Heng Ee Approval Letter
Tan Sri Alex Ooi and Ideal Property Group Supporting the Future of SJKC Heng Ee Ideal Property Group is honoured to contribute approximately RM18 million […]
Recognition & Awards
2021
Best Developer in People’s Choice Award 2021iProperty Development Excellence Awards (iDEA) 2021: Ideal Property Group, 'Best Developer in People’s Choice Award'2023
The Edge Billion Ringgit Club (BRC) Corporate Awards 2023Ideal Capital Berhad, awarded ‘Highest Returns to Shareholders Over Three Years’ recognition in the property sector (below RM3 billion market capitalisation).2021
Asia Property Awards 2021Ideal Property Group, Winner of the ‘Best Affordable Homes Developer’.2023
FIABCI Malaysia Property Award 2023: Queens Residences Q1, Winner of the ‘Residential Mid Rise Category’2024
FIABCI World Prix D’Excellence Awards 2024: Queens Residences Q1, World Gold Winner of the ‘Residential Mid Rise Category’2024
The Edge Billion Ringgit Club (BRC) Corporate Awards 2024Ideal Capital Berhad, awarded ‘Highest Returns to Shareholders Over Three Years’ recognition in the property sector (below RM3 billion market capitalisation).2025
FIABCI World Prix D’Excellence Awards 2025:I-Santorini, World Gold Winner of the ‘Affordable Housing Category’2021
Best Affordable High Rise Development 2021iProperty Development Excellence Awards (iDEA) 2021: One Foresta, Winner of the ‘Best Affordable High Rise Development’2021
Best Northern High Rise Development 2021iProperty Development Excellence Awards (iDEA) 2021: The Amarene, Winner of the ‘Best Northern High Rise Development’2021
Asia Property Awards 2021Ideal Property Group, Winner of the "Special Recognition in Sustainable Design and Construction".
