Ideal Property Group Launches RM260 Million Industrial Project at Penang Technology Park

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Ideal Property’s new Ideal Business Hub, part of Penang Technology Park, offers 88 factory units with cutting-edge design to enhance business efficiency.

Penang, 09th Oct 2024, 02.18pm – Ideal Property Group has unveiled the latest phase of its industrial project, Ideal Business Hub, with a gross development value of RM260 million at Penang Technology Park in Bertam, Penang.

Spanning 28 acres of freehold land, Ideal Business Hub features 88 units, including bungalows, semi-detached, and cluster-type factories.

Datuk Goh Teng Whoo, Chief Operating Officer of Ideal Property, stated that Ideal Business Hub is part of the 880-acre Penang Technology Park at Bertam, under parcel 2. The project aims to establish a comprehensive business ecosystem, offering companies easy access to their supply chain network.

The column-free design of the factories features a layout with a 9.15-meter high ceiling, allowing for various types of storage racks and the accommodation of large machinery, suitable for most light industrial needs. “Full-length glass windows across the modern facade provide continuous natural light inside,” Ideal Property stated in a media release.

Each unit is equipped with a power supply of 200 to 300 AMP, a floor load capacity of 1.5 tons per square meter, and a dedicated loading bay. “These features are designed to enhance productivity and optimize efficiency for all types of businesses,” the company added.

“Being part of Penang Technology Park at Bertam offers more opportunities for collaboration with leading industry players and drives business growth.”

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