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IPG – Queens Residences – Penang - Project Profile

IPG – Queens Residences – Penang - Project Profile

Synopsis

"IPG – Queens Residences – Penang - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "IPG – Queens Residences – Penang - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

Ideal Property Group (IPG) is planning to build a condominium complex in Bayan Bay, Penang, Malaysia.

The project includes construction of four buildings of 22, 24, 26 and 30-story on a 4.75ha area. It also includes the construction of retail units, parking facilities, elevators, park, swimming pools. The project is being developed in four phases.

Phase one comprises of 22 story building with 500 units built on a 153.29m2 area. Phases 1 and 2 also include two-story commercial shop lots.

By May 2017, Reclamation on phase 1 and 2 were completed.

Planning activities are underway. The entire project is scheduled to complete in 2020.

Scope

The project involves the construction of four buildings of 22-, 24-, 26- and 30-story condominium complex on a 4.75ha area in Bayan Bay, Penang, Malaysia.

The US$136 million project includes the following:

1. Construction of 500 units in the first phase

2. Construction of the second phase

3. Construction of the third phase

4. Construction of the fourth phase

5. Construction of retail units

6. Construction of parking facilities

7. Construction of related facilities

8. Construction of elevators

9. Construction of children pool

10. Construction of gardenReasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

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