RM1bil properties to be injected into IdealUBB


Ooi: ‘The group still has about 10,000 units of affordable homes, priced below RM400,000, which will be launched in the island.’

GEORGE TOWN: Ideal Property Development Sdn Bhd, the parent company of Ideal United Bintang Bhd (IdealUBB), will initiate a corporate exercise in the second half of this year to inject RM1bil worth of properties into IdealUBB.

The properties are priced below RM600,000.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , ideal property development , Ooi ,

Next In Business News

Aiming for 5.6% GDP growth in first quarter
Malaysia clinches RM1.8bil sales at Gulfood 2026
One Credit debuts smart fintech system
Dividend yield catalyst for CelcomDigi re-rating
HIB acquires 51% stake in Woodpeckers
Dialog enters recovery year driven by midstream recurring income
OGX launches IPO ahead of ACE Market listing
Critical Holdings wins RM35mil design contract
Rousing outlook for Heineken in FY26
Jobless rate set to stay low on improved outlook

Others Also Read