ONE of Penang's top developers - the Ideal Property Group clinched another international award - showcasing its consistency in branding and marketing.
The Bayan Baru-based developer secured the prestigious gold award at the FIABCI World Prix D' Excellence Awards 2025 for its innovative Greek-inspired affordable housing development, I-Santorini.
I-Santorini in Tanjong Tokong represents the group's established effort to model itself as a leading high rise affordable housing provider in the state.
Ideal cited in a statement that the award represents one of the most distinguished accolades in the global real estate industry, organised by the International Real Estate Federation (FIABCI) with 71 years of established credibility and membership spanning 60 countries.
This holistic assessment makes the recognition particularly meaningful for real estate development, as it demonstrates exceptional quality across multiple criteria.
The group said that constructing affordable projects does not mean comprising on innovation, style and comforts - elements which are at times missing in many budget conscious categories.
The project sits under the image of a calm ambiance Greek island, featuring characteristic blue domes, poolside cabanas, and a tranquil Mediterranean landscaping.
Ideal Property Group’s mission has been recognised internationally in creating sustainable living environments while pioneering new benchmarks through creative and value-added features that maintain high appreciation values.
Ideal currently manages eight ongoing projects encompassing high-rise residential, luxury seafront developments, office towers, and industrial parks, reflecting continued growth and diversification strategy.
Three major developments, including two affordable housing projects and one office tower, are targeted for completion in the third and fourth quarter this year.
Last year, Ideal was announced as the world gold winner with its luxury seafront residential development, Queens Residences Q2@Queens Waterfront Penang in the same award. - July 12, 2025.
