Ideal Property Group has garnered international fame with their high end seafront residences, Queens Residences Q1, winning the prestigious World Gold Winner title at the 2024 FIABCI World Prix d’Excellence Awards. This accolade, awarded for Q1’s exceptional performance, underscores the group’s formidable strength and extensive experience in the field. This honor not only elevates Malaysia’s real estate industry on the global stage but also firmly establishes Ideal Property Group as a leader in delivering excellence.

Recognizing real estate projects that demonstrate exceptional global performance, the FIABCI World Prix d’Excellence Awards are esteemed as the “Oscars of the real estate industry.” Queens Residences Q1’s distinction among numerous outstanding projects worldwide is a testament to its unparalleled excellence in architectural design, quality, innovation, and sustainability, meeting the international standards.

The award ceremony was held on May 30 at Gardens by the Bay in Singapore this year. The international panel of judges rigorously evaluated each entry based on comprehensive criteria, including architecture and design, development and construction, community benefits, environmental impact, financial and marketing success.

Puan Sri Datuk Phor Li Wei, Executive Director of Ideal Property Group, expressed profound honor in contributing to the real estate industry through the creation of high-caliber development projects. This honor not only highlights the international industry’s high regard for Ideal Property Group’s comprehensive strength and professional capabilities but also serves as a significant affirmation of the excellent quality of Queens Residences Q1.

“Ideal Property Group adheres to the spirit of innovation, committed to creating practical and inspiring living spaces with added value potential. Through sustainable development concepts and relentless pursuit of excellence, we aim to create a sustainable residence that inspires residents and provides extraordinary living experience.”


Being the first phase development of the comprehensive Queens Waterfront master plan in Penang, Q1 offers unique living spaces with a charming nautical-themed design, over 20 exclusive leisure facilities, a resort-style environment, and mesmerizing views of the Malacca Strait. Residents can enjoy stunning ocean views at all times, experiencing the tranquillity of nature amidst the bustling city.

Q1 is built according to green building standards, incorporating sustainability elements in its design and planning. The project features spacious walkways, green landscapes, and convenient pathways. It adopts rainwater harvesting systems, centralized water filtration systems, and low-flow water fittings to minimize environmental impact and promote resource conservation. Additionally, the project includes green wall, herb garden, bicycle paths, bicycle docking stations, and electric vehicle charging stations, fostering a low- carbon, green

The Queens Waterfront master plan includes four phases: Q1, Q2, Q3, and Q4. The final phase, Q4, is a mixed-use development featuring hotels, office buildings, branded residences, and super condominiums. A series of public facilities such as a comprehensive sports center with a Fina standard aquatic center, a sports arena, and a recreation field, a 1- kilometer seafront promenade, alfresco dining, and a marina are also included in the master plan. The adjacent community benefits from well-developed public infrastructure and excellent connectivity.

Therefore, Q1 benefits from the surrounding comprehensive infrastructure. These rich amenities of high quality not only enhance the living standards of community residents but also create a unique and exclusive lifestyle. This makes Q1 a preferred choice for homebuyers and investors, highlighting its high investment value and extraordinary lifestyle.

Tan Sri Datuk Ooi Kee Liang, Executive Chairman of Ideal Property Group, further elaborated, “Our goal with the Queens Waterfront project, especially with the Q3 and Q4 phases, is to uplift the overall community quality in Penang. By integrating comprehensive- use properties, we are setting new benchmarks for mixed-use developments, creating spaces that meet international standards and enrich the lives of our residents.”

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