The 880-acre Penang Technology Park @ Bertam, developed by Ideal Property Group, has achieved a significant construction milestone as its infrastructure rollout progresses steadily toward full completion. Phase 1 works have been fully delivered, while Phase 2 has reached approximately 85% completion, with the entire infrastructure package on track for completion by June.
The project is rapidly positioning itself as a strategic extension of Penang’s semiconductor ecosystem, reinforcing the state’s role in the global electronics and advanced manufacturing supply chain. According to Ideal Property Group’s leadership, both construction activities and land transactions are advancing in tandem, reflecting strong investor confidence and sustained industrial demand.
The infrastructure scope within the park has been designed to meet the requirements of high-technology manufacturers. Upgrades include a widened four-lane dual carriageway as the main access road, 100-foot-wide internal roads, upgraded water and drainage systems, reinforced power infrastructure, fibre telecommunications services with 5G capability, natural gas pipelines and round-the-clock CCTV monitoring. With Phase 2 nearing completion, incoming investors will benefit from a fully serviced industrial environment built for large-scale semiconductor and advanced manufacturing operations.
To date, more than half of the available industrial land has been taken up, including commitments from several China-based technology firms. The park is gradually developing a balanced cluster of upstream and downstream players, strengthening its integrated industrial ecosystem.
Among the key foreign direct investments secured is INV New Material Technology, a global lithium battery separator manufacturer, which is developing a 66-acre facility with a total investment of RM6.4 billion. The project is expected to generate 1,500 technical jobs, with its first phase having commenced operations in mid-2025.
SuperSiC Malaysia, a subsidiary of China’s Jingsheng Mechanical & Electrical, is also establishing its first large-scale overseas production base within the park. Its initial phase is designed to produce 240,000 silicon carbide wafers annually for third-generation semiconductor applications.
In addition, Trensor Electronics has committed RM100 million to develop its first overseas manufacturing plant in Penang, targeting annual sales of RM200 million once operations begin in 2026.
While this major industrial expansion is unfolding in Penang, the broader impact on Malaysia’s industrial property landscape is noteworthy. The continued growth of high-technology manufacturing strengthens national supply chains and indirectly supports demand for industrial land in Selangor, particularly in well-established corridors across Shah Alam, Subang and Puchong. Businesses linked to semiconductor logistics, warehousing and technical services are also exploring industrial property in Subang area and factory in Puchong to complement northern region operations.
At the same time, technology-driven expansion supports spillover demand for commercial property in KL, especially among corporate offices, engineering support teams and regional headquarters seeking strategically located office space in Bukit Jalil and other prime Klang Valley locations.
As Malaysia strengthens its semiconductor and advanced manufacturing position, integrated industrial parks like Penang Technology Park @ Bertam highlight the continued importance of well-planned infrastructure — a key factor also driving investor interest in industrial land in Selangor and high-quality commercial assets throughout Kuala Lumpur.
Indonesia