Today, IOIPG is renowned as one of the largest property companies in the country with a proven track record spanning more than three decades in the property development industry. Its principal activities include property development, property investment, leisure and hospitality. It has successfully developed sustainable townships in sought-after regions of Klang Valley and Johor in Malaysia while embarking on property developments in Singapore and the People’s Republic of China. IOIPG currently has a total of 10,000 acres of landbank in Malaysia and abroad.
As a socially-responsible property developer, IOIPG’s commercial buildings are designed to meet the Green Building Index (“GBI”) or are Green Mark-certified. It adopts the ISO 9001:2008 standards for its property developments and all ongoing projects are built to achieve a Quality Assessment System in Construction (“QLASSIC”) score of not less than 75%.
A strong testament to its quality excellence, IOIPG is consistently ranked among the top developers in Asia and bestowed numerous accolades by leading publications and organisations such as FIABCI, BCI Asia, The Edge Malaysia, Asia Pacific Property Awards, and the Building and Construction Authority (“BCA”) in Singapore.
IOIPG is responsible for the successful development of comprehensive self-contained suburban townships along the high-growth corridors in Klang Valley (Puchong, Putrajaya and Klang), Penang Island and Southern Johor (Kulai and Segamat). Emerging townships in Bangi, Sepang and Bahau in Negeri Sembilan are currently being planned to cater to rising demand in these prime locations.
IOIPG established its presence in Singapore’s property market in 2007. It has ventured into five property developments in the country comprising high-end residential developments and integrated mixed developments. Among them are the luxury condominium developments of Seascape and Cape Royale in Sentosa Cove and the award-winning South Beach project.
In 2010, IOIPG ventured into property development in China. It has embarked on two mixed property developments, namely the IOI Park Bay and IOI Palm City in Xiamen, Fujian Province of the People’s Republic of China.
IOIPG’s property investment portfolio comprises mainly retail and office space totalling approximately 242,000 square metres of net lettable area (“NLA”).
Among its principal investment properties are IOI Malls (in Puchong, Selangor and Kulai, Johor Bahru), One and Two IOI Square (in IOI Resort City, Putrajaya), Puchong Financial Corporate Centre and IOI Boulevard in Puchong, Selangor.
Its flagship shopping centre IOI City Mall (Phase 1) in IOI Resort City, Putrajaya with a NLA of more than 1.4 million sq ft was soft-opened in December 2014.
In December 2014, IOIPG announced its intention to purchase a 37% stake in the owner of the Taipei 101 skyscraper. If approved by the Taiwan government, the deal will be expected to worth US$790 million.
Leisure and Hospitality
On the leisure and hospitality front, IOIPG owns and manages prestigious hotels, shopping malls, golf courses and office blocks in Malaysia.
The award-winning five-star Putrajaya Marriott Hotel & Spa and four-star Palm Garden Hotel which is adjacent to Palm Garden Golf Club, an 18-hole premier public golf club, are located in IOI Resort City while the 27-hole IOI Palm Villa Golf & Country Resort is strategically located within the exclusive high-end residential township of Bandar Putra Kulai in Johor.
Four Points by Sheraton Puchong which is located at the Puchong Financial Corporate Centre in Bandar Puteri Puchong opened in 2014, while Le Meridien in IOI Resort City, Putrajaya will open in 2015.