About Us
Palmex Industries Sdn Bhd, a wholly owned subsidiary of
IOI OLEOCHEMICAL
INDUSTRIES BERHAD, formerly known as Palmco Holdings Berhad had been
established in property development for the past decades. Various project had
been completed on the mainland and on the island since then.
On the mainland, the completed schemes were residential development at Taman
Bukit Indah in Bukit Mertajam, Prai Garden, Jalan Baru and a joint-venture
development in Alor Malai in Alor Setar.
The major project on the island, DESARIA, is located within the fast growing
area of Sungai Ara with total land bank of 350 acres. This township comprising
of various mixed development is also in close proximity to the indoor stadium,
Penang International Sport Arena (PISA), Pantai Mutiara Hospital, Penang
International Airport, International College, Equatorial Hotel, Industrial
Park, golf courses, school and other public amenities.
Below are various types of residential and commercial properties completed todate:
- Regency Heights
- Sunrise Garden
- Pearl View
- Cypress Garden
- Palm Garden
- Raintree Garden
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