Tan Sri Alex Ooi developed projects for other people before becoming a prominent property developer. He founded Ideal Property Group, a company which for the last two decades has been responsible for over 10,000 units—commercial and residential—throughout Malaysia. He is known as the Penang Condo King and focuses his development efforts in Bayan Lepas, positively contributing to the southwest district. He is a major contributor to the real estate development market in Malaysia.