Bayan Lepas waterfront property wins prize


Ideal Property Group assistant general manager Cheong Lai Yong receiving the award from former FIABCI world president Datuk Alan Tong.

FIABCI Malaysia honoured Ideal Property Group’s Queens Residences (Q1) as the winner of its coveted Mid-Rise Residences award at the recent FIABCI Malaysia Property Award 2023.

Q1, the first phase of the expansive Queens Waterfront master plan in Bayan Lepas, Penang, has garnered widespread acclaim for its exceptional location, sustainable features, and unparalleled quality.

“Q1 offers residents an exclusive seafront lifestyle and the convenience of being just 6km from Penang International Airport,” said the group’s chief operating officer Datuk Ng Tyan Ping.

“This prime location, nestled within a vibrant industrial and technological hub, makes Q1 an ideal choice for homeowners and investors seeking unparalleled connectivity and growth potential.

“We are thrilled to receive the FIABCI Malaysia Property Award 2023 for Queens Residences,” Ng said.

He said the recognition testified to the group’s dedication to creating exceptional living spaces prioritising quality, sustainability and community well-being.

“Q1 redefines the standard of luxury living in Penang,” he added.

The Q1 complies with the Green Building Index (GBI) standards, demonstrating its commitment to sustainable development.

The development features various energy consumption control measures, including energy-efficient building design, rainwater harvesting systems, and low-flow fittings to enhance water-use efficiency.

“Q1 Residences has achieved a high score of 85% for Quality Assessment System in Construction (Qlassic), highlighting its meticulous attention to quality craftsmanship and construction excellence,” said Ng.

He said Q1 embodied the group’s vision of creating vibrant and sustainable communities that enrich the lives of residents.

“We are delighted to see the positive impact that Q1 has had on its residents and the surrounding community, and we remain committed to delivering excellence in every project we undertake,” he added.

Q1 encompasses four development phases.

Ideal Property Group completed Q2 in 2022 and Q3 is currently under construction.

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