Ideal Property Group launches business hub in Penang Technology Park @ Bertam

• Ideal Business Hub is a 28-acre freehold development offering 88 bungalows,semi-detached and cluster-type factories.

GEORGE TOWN (Oct 9): Ideal Property Group has launched the next phase of its industrial project Ideal Business Hub, which has a gross development value of RM260 million Penang Technology Park, Bertam, Penang.

Ideal Business Hub is a 28-acre freehold development offering 88 bungalows,semi-detached and cluster-type factories.

Ideal Property chief operating officer Datuk Goh Teng Whoo said Ideal Business Hub is located within the parcel 2 development of the 880-acres Penang Technology Park @ Bertam, and aims to create a complete business ecosystem while providing an opportunity for businesses to access their supply chain network conveniently.

The column free design factories feature a layout with a 9.15m high ceiling, “thus allowing for all types of storage racks, and able to accommodate large machineries for the majority of light industry usage/demand. Full length glass windows across the modern facade, offers the interior never ending natural lights”, stated Ideal Property in a media release.

Each unit comes with 200 to 300 AMP power supply, with the floor capacity of 1.5 ton/m2 and a dedicated loading bay. “All aspects aim to enhance productivity and maximize efficiency for all type of businesses," it added.

“Being part of Penang Technology Park @ Bertam brings more opportunities to collaborate with top industry leaders and at the same time fuel the business growth.

“What differentiates us from other business parks is that we provide a one-stop industrial solution for business owners, including dealing with authorities and various licensing agencies, department of Environment assessments, and applications for government incentive programs,” said Goh

Ideal Business Hub is situated just 23 kilometres from the Penang Port in Butterworth and 42km from the Penang International Airport.

The 88 units offer a flexi-space concept that caters to manufacturers specialising in warehousing, packaging, processing, logistics and light production.

"Ideal Business Hub's unique design and layout emerged from extensive discussions and engagements with industrial operators and end users," added Goh.

Construction of Ideal Business Hub will begin in November this year and is targeted to be completed in 2026.

Penang Technology Park @ Bertam's first phase, is now approximately 50% taken up by local and foreign companies in various sectors, including semiconductor, lithium battery and automobile electronic manufacturing, electronics assembly, medical devices, trading, warehouse, and logistics.

Ideal Property Group is one of EdgeProp START’s strategic partners. Lucerne Residence is a development highlighted in this partnership. All Ideal Property homebuyers also get to enjoy rewards worth up to RM18,888.

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