Dato’ Goh Teng Whoo, COO of Ideal Property Group

Real estate developer Ideal Property Group has launched the next phase of its industrial project “Ideal Business Hub“, which has a gross development value (GDV) of RM260mil, in Bertam Penang.

Ideal Business Hub is an exciting new light industrial park situated in the North Seberang Perai District (SPU). This 28-acres freehold development offers a total of 88 bungalows, semi-detached and cluster-type factories.

Ideal Property Group Chief Operating Officer Dato’ Goh Teng Whoo said Ideal Business Hub is located within the parcel 2 development of the 880-acres Penang Technology Park @ Bertam, aims to create a complete business ecosystem, and provides an opportunity for businesses to access their supply chain network conveniently.

The column free design factories feature a spacious 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.

“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.”

Dato continues, 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.”

Ideal Business Hub is located within the vibrant and bustling heart of Bertam, Penang, surrounded by the vibrancy and amenities of a matured and growing township.

It is situated just 23 kilometres from the Penang Port in Butterworth and a mere 42km from the Penang International Airport.

The 88 units offer an innovative flexi-space concept that caters to manufacturers specializing 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,” said Dato.

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.