Ideal Property Group, an established property developer from Penang, has expanded to Kuala Lumpur with their first project in Dutamas. The proposed development consists of two blocks of 38 and 45 storey tower on top of a 7-storey podium, with total 900 units of serviced apartment. The site is located along Persiaran Dutamas, near Icon Residences by Mah Sing and MATRADE. The development order has been conditionally approved by DBKL in August 2017.
Ideal Property Group was founded by Datuk Alex Ooi in 2002. It is involved in investment, property development and business process outsourcing. Its investment portfolio includes hotels, serviced apartments, commercial shoplots, development land, palm oil estates and office lots while its property development division is involved in the building of residential, commercial, light industrial and office suites. Business process outsourcing comprises property design and concept service, property marketing advisory, property evaluation and monitoring services, and project financing advisory services.
To date, Ideal Property Group has completed more than RM1 billion worth of projects, mostly in Penang. Its first two projects in Bukit Mertajam and Butterworth started in 2003. The developer has also completed two projects in Cambodia — a luxury gated community called Ideal Homes, comprising 22 bungalow units with a gross development value (GDV) of US$8.1 million (RM24.9 million) and Attwood Business Centre, comprising 165 office units with a GDV of US$15 million. Both projects, located in Phnom Penh, were completed in 2007.
Developer: Skyload Express Sdn Bhd (company of Ideal Property Group)
Lot no: Lot PT 26961, Persiaran Dutamas, Mukim Batu, Kuala Lumpur
Land area: n.a
Type: Commercial Development
Status: Development order conditionally approved on 22 Aug 2017
Block A/38-storey/412 units
Block B/45-storey/488 units
Retail area at ground floor
7-storey car park podium
2-level basement car park