Palmex Industries Sdn Bhd

Palmex Industries, one of the major developers in the property market is actively involved in developing several areas in Penang.

Within the new Sungai Ara township, Palmex is developing 350 acres of land bank under the Desaria scheme-consisting of residential units, light industries and shophouses.

The new Sungai Ara township is within close proximity to the Penang International Sports Arena (PISA), Pantai Mutiara Hospital, Penang International Airport, International College, Equatorial Hotel, Industries Park, golf course, schools and other public amenities.

Being a social conscious developer, Palmex erected 359 low cost flat units for qualified state allocated purchasers with an additional 271 units in the pipeline for completion in the next few years.


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IOI Oleochemical Industries Berhad is a member of the IOI Group