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Showing posts with label penang property hotspots. Show all posts
Showing posts with label penang property hotspots. Show all posts

Friday, February 24, 2017

Why Penang Bukit Minyak Factory Warehouse For Sale Rent In Demand ?

Bukit Minyak is an industrial land park area zone in Central Seberang Perai DistrictPenangMalaysia [click the links for map]. In its native Malay language it is called "Kawasan Perindustrian Bukit Minyak, Pulau Pinang" Its setup is to complement Bayan Lepas Free Industrial Zone (FIZ) and serve as an extension arm for Penang state in terms of opportunity on FDI (foreign direct investment) and jobs. Known as the Silicon Valley of the East for its industries, Penang is also one of the most urbanised and economically important states in the country. Penang has started its industrialise transformation since 1970s.

With huge demand for factory list and warehouses, the below detached 2-storey office annexed factory/warehouse is available for rent and for sale with immediate occupancy.

(1) Land area is 2 acres.

(2) Build up of the factory/warehouse/production is 47,516 sq ft.

(3) Build up of the office (two storey) is 9,170 sq ft.

(4) Floor loading is 2 ton sq m, 1,200 Amp power supply, sprinkle system installed.

(5) Factory/warehouse ceiling height is at 30 ft (max).

(6) Office ceiling height is at 10 ft.

(7) Ample car park.

Penang Bukit Minyak New Factory Warehouse For Sale Rent | Warehouse and factory ceiling height is 30 feet. 
Penang Bukit Minyak New Factory Warehouse For Sale Rent | Warehouse and factory ceiling height is 30 feet.

Seberang Prai | Bukit Minyak New Factory Warehouse For Sale Rent | Office and lobby view with ceiling height of 10 feet. 
Seberang Prai | Bukit Minyak New Factory Warehouse For Sale Rent | Office and lobby view with ceiling height of 10 feet.

Logistics and Transportation
Easy accessibility & connectivity to Batu Kawan, Bukit Tengah, Butterworth sea port, dual highway inlet/exits(Juru/Tambun), 12km to Penang Bridge & 2nd Penang Bridge.

Surrounding Property Mix & Amenities:
Bukit Minyak Industrial Park was developed by Penang Development Corporation (PDC) in the late 90's comprising over an acreage of approximately 1000 acres. This Industrial Park is segmented into Industrial Plots, Single-Storey Terraced Factories and Single Storey Semi-Detached Factories for Small and Medium-Scale industries.

Among reputable Local & Multinational Industrial players to name a few are; Flextronics, High Ace Industry, Maxonic Marketing, Eagle & Pagoda Brand Medical Industry and Teik Senn Malaysia.

Opposite this Industrial Park, across the Butterworth - Ipoh trunk road is the Small and Medium-Scale Industrial(SMEs) Region which was developed by Penang Regional Development Authority or commonly known as IKS Bukit Minyak Perda.

For private viewing do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | #VulcanFocus | #YouCallWeMatch

Note: If you've factory | warehouse | industrial land | agriculture land | commercial building | commercial properties | condominium | house for sale / to sell / let / rent or intent to buy / lease / rent , do call Mr Vulcan Lau +6 016 451 1321 . We will match the buyer/tenant or seller/landlord for you from our MLS [Multiple Listing Service. Interested party do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational https://VulcanInternational.blogspot.com

Wednesday, September 7, 2016

MASPEX 2016 | Malaysian Secondary Property Exhibition | The Fourth Edition

The MASPEX since its inception has been annually event for secondary properties exhibition. Due to good response on the turnout crowd at Queensbay Mall, Penang MALAYSIA for last year MASPEX2015 | Penang Edition , this year for its fourth instalment will again be held at Queensbay Mall.

After Penang Star Property Fair 2016 which is mainly targets on primary market with new launches, MASPEX2016 (Penang edition) event will be held at Queensbay Mall from 22 Sep 2016 to 25 Sep 2016. Previous two MASPEXes namely #MASPEX2013 and #MASPEX2014 were at Penang Times Square.

This is the 4th edition for Malaysian Secondary Property Exhibition (MASPEX). It's expect to showcase more than 5,000 properties covering Penang Island and its mainland secondary (sub-sale) market properties in 20 booths. There will be property talks' sessions to cater for buyers to educate and enhance their knowledge.

It will covers various type of property such as houses, condominiums, apartments, SOHO, offices, factories, warehouses during this four-day event.

Link to MASPEX 2015 [Part 1]: Malaysia | Penang MASPEX 2015 Reboot In Queensbay Mall | Sub-sale properties

Link to MASPEX 2015 [Part 2]: Penang Property News And Talk | Maspex 2015 | Queensbay Mall | List Of Speakers Time Table And Agenda With Pictography

Link to MASPEX 2014: Malaysia | MASPEX Penang 2014 | The Pictography

Link to MASPEX 2013: MASPEX Malaysia 2013 | Penang Property | MIEA | Facts and figures about Malaysian Secondary Property Exhibition

Boldly go. LLAP

This report is been compiled by VULCAN INTERNATIONAL Real Estate Research Institute https://VulcanResearch.blogspot.com for VULCAN INTERNATIONAL Real Estate Investors Club https://VulcanInternational.blogspot.com .

#VulcanInternational could be contacted at +6 016 451 1321 .

You're welcome to write your constructive comment below.

Tuesday, December 29, 2015

Penang Developers New Projects In 2016 | More Affordable Housing?

Projects worth RM4bil in Penang next year

Developers shift focus to higher-priced residential properties

Affordable%2520Housing%2520%257C%2520Real%2520Estate%2520%2526%2520Housing%2520Developers%25u2019%2520Association%2520%2528Penang%2529%2520chairman%2520Datuk%2520Jerry%2520Chan
Chan: ‘We still fore­see the vol­ume and value trans­ac­tions of prop­er­ties to con­tract in 2016. How­ever, the con­trac­tion this time won’t be so sharp.’

GEORGE TOWN: Five developers will undertake RM4.33bil in property projects in Penang next year despite a challenging year for the property market.


The developers planned to price their mostly residential properties from between RM480,000 and RM3.3mil.


The price range came on the heels of this year’s launches of between RM200,000 and RM400,000 in strategic locations.


The developers would be shifting their focus to higher-priced residential properties. The condominium units in Bayan Lepas will be from 1,000 sq ft and priced from RM480,000 while three-storey houses with built-up of 5,300 sq ft will be priced at RM3.3mil in Seri Tanjung Pinang.


The developers are IJM Land Bhd with gross development value (GDV) of RM415mil, Ideal Property Group (RM1.46bil GDV), Hunza Properties Bhd (RM600mil GDV), Eastern & Oriental Bhd (RM650mil GDV) and Mah Sing Group Bhd (RM1.2bil GDV).


Real Estate & Housing Developers’ Association (Penang) chairman Datuk Jerry Chan told StarBiz that developers could be shifting their focus to properties priced from RM400,000 as there was a large supply of housing priced between RM200,000 and RM400,000 targeting first-time buyers.


This did not mean that buyers have lost interest in affordable housing with built-up of 900 sq ft and priced from RM500 to RM600 per sq ft.


Chan pointed out that developers would continue to build housing in the affordable range to leverage on the higher density for plots of land but there would be a gradual shift to the “non-affordable” range.


He added that there would be fewer launches in 2016, due to the difficulties in obtaining bridging and end-financing loans from banks.


Referring to the incoming supply of housing that were currently under construction, Chan said this would be spread over a five- to 10-year period, depending on market demand and the size of the schemes.


The National Information Property Centre (Napic) report revealed that the state would see an incoming supply of 72,114 units into the market.


According to the Napic report, the existing stock of houses in the state stood at 393,303, compared with 383,484 in the first half of 2014.


“We still foresee the volume and value transactions of properties to contract in 2016. However, the contraction this time won’t be so sharp,” Chan said.


Ideal executive chairman Datuk Alex Ooi said the group had developed 4,840 units of affordable projects on the island for the last two years.


“We have sold about 60% of these properties. Moving ahead, the strategy is to move into the non-affordable range priced between RM400,000 and RM600,000.


“Ideal Property still has around 300 acres of land bank on the island. We have some 25,000 units of properties planned for the land bank.


“There are still 8,000 units of properties with more than RM4bil in GDV to be implemented over the next 10 years, priced between RM400,000 and RM600,000,” Ooi said.


'Moderate to flat' outlook

Ooi expected property market conditions to be “moderate” to “flat” in the coming year.


Mah Sing (North) senior general manager Law Wei Keong said the company had recently completed a survey on the preference of housing products in the country.


“The study revealed that a majority of the 6,000 surveyed favoured houses priced in the range of RM500,000 to RM700,000,” he said.


Of the RM2bil worth of housing projects launched in the country this year, about 16% were priced from RM1mil, while the remaining 84% are below RM1mil, according to Law.


IJM Land senior general manager (north) Datuk Toh Chin Leong said despite the weak market sentiment, the company would continue to launch properties priced below RM800,000.


“It will be a slow year for the property market in 2016,” Toh said.


IJM Land’s pipeline of projects for next year in Penang included the RM232mil Waterside Residence in The Light Waterfront project next to Penang Bridge, the RM64.7mil Trehaus Condo Villa scheme in Bukit Jambul, and the RM118.4mil Senjayu Terrace project in Jawi, South Seberang Prai.


The Trehaus and the Waterside Residences scheme would be launched in the second quarter of 2016, while the Senjayu Terrace would be introduced in late 2016.


“The price of the three property schemes ranged between RM730,000 and RM1.3mil,” he said.


Meanwhile, Ideal would be launching the RM460mil Forestville, RM600mil Queens Waterfront Residences, and RM400mil Camerlina, located in Bayan Lepas, priced between RM480,000 and RM800,000.


“There is still growing need for mid-range houses that is reasonably priced, located within mature township, surrounded and supported by amenities such as schools with good accessibility, lower density with lifestyle concept,” he said.


Eastern & Oriental will develop the recently launched RM482mil Tamarind and 50 units of terraced houses with a RM168mil GDV in Seri Tanjung Pinang.


The Tamarind units, ranging between 1,000 sq ft and 1,770 sq ft, are priced around RM691,000 and RM1.16mil, while the terraced units, with built-up areas of 5,300 sq ft, are priced from RM3.3mil.


Its general manager (marketing and sales) Christina Lau said the Tamarind was scheduled for completion in 2019.


No date has been set for the completion of the 50-terraced properties.


Mah Sing to unveil Ferringhi Residence 2

Mah Sing will launch the RM735mil Ferringhi Residence 2, the RM350mil Icon Residence and an unnamed RM150mil project in Southbay City, Batu Maung.


“We are targeting the Ferringhi Residence 2 launch in the first quarter,” Law said.


The Ferringhi Residence 2 consists of three blocks offering 632 units with built-up areas from 1,208 sq ft to 2,910 sq ft, priced from RM775,265.


Law said the pricing for the unnamed project would be below RM680 per sq ft.


“The units have built-up areas of 750 sq ft to 1,000 sq ft,” he said.


Meanwhile, Hunza will develop the RM600mil Alila 2 project in Tanjung Bungah, 270 units which have built up of between 1,900 sq ft and 3,300 sq ft, priced from RM775 per sq ft.


“We will promote the 9.8acre project in Indonesia, Hong Kong, and Singapore early next year.


“The key attractions are the size of the units, which are extremely scarce on the island nowadays,” group managing director Khor Siang Gin said.


Source | StarBiz


Question: The prediction of 2016 of continue slowdown as a continuation from 2015 seems to hold water. Are the developers moving in right direction for affordable homes? What do you think? [Kindly share your comment below]


Bear in mind, Penang Government just published its massive blueprint of RM27 billion Penang Transportation Master Plan (PTMP) and location, location, location is there to consider for your hard earned money.


Boldly go. LLAP

VulcanInternational could be contacted at +6 016 451 1321 #VulcanInternational | #VulcanFocus | #YouCallWeMatch


You're welcome to write your constructive comment below.

Thursday, December 3, 2015

Penang Property Talk | Sell Buy Rent And Lease Property In 5 Easy Steps

Penang Properties | Factory | Warehouse | Land | Commercial Building | Bungalow | Condominium | Apartment | House | Storage Space | Cold Storage Room | For Sale, Lease And Joint Venture In Penang Malaysia. 

Penang%20Properties%20%7C%20Factory%20%7C%20Warehouse%20%7C%20Land%20%7C%20Commercial%20Building%20%7C%20Bungalow%20%7C%20Condominium%20%7C%20Apartment%20%7C%20House%20%7C%20Storage%20Space%20%7C%20Cold%20Storage%20Room%20%7C%20For%20Sale%2C%20Lease%20And%20Join%20Venture%20In%20Penang%20Malaysia.

Step 1: Industrial Property location in Bayan Lepas, Butterworth, Seberang Perai, Juru, Bukit Mertajam, Bukit Minyak, Bukit Tengah, Simpang Ampat, Batu Kawan, Penang Science Park, Nibong Tebal, Jawi, Sungai Bakap, Kepala Batas, Kilang Perindustrian, Industri Kecil dan Sederhana (IKS) Pulau Pinang, Malaysia.

Step 2: Type of Penang Small Medium Enterprises (SMEs) factories for sale and to let: Secure storage space, warehouses, light industry, medium industry and heavy industry.

Step 3: Type of industry: Renewal Energy (RE), electrical, electronics industries, printing, plastic injection moulding, automobile service, engineering, warehousing, showroom gallery, storage and locker space, cold storage room. 

Step 4: Type of storage: Secure storage space and cold storage warehouse Penang cover northern region of Malaysia.

Step 5: Type of transaction: Selling, buying, renting, leasing and joint venture (JV).

Enquire about a property? Please quote the property and location. 

Note 1: For renting, the calculation is based on Build Up Area or Nett Lettable Area(NLA) in sq ft unless specify.

If you can't find the property that you want, talk to us. You can also call us if you've property in Penang to sell or to let. "You Call, We Match." Please contact Mr Vulcan Lau, mobile no.: +6 016 451 1321

This list is last updated on 3 December 2015. To check revised updated listing: 
http://vulcaninternational.blogspot.my/2015/10/penang-property-talk-sell-buy-rent-and_10.html

Note 2: Persons responding to this listing are not required to pay any estate agency fee whatsoever for properties referred to in this listing.

 Property LocationPrice For Sale (RM)Price For Rent (RM)Land Area
(sq ft)
Build Up Area(sq ft)  Remark
Batu MaungRM12 milRM2.00 psf19,86516,167 
2. Semi-detach factoryBatu MaungRM12 mil RM2.00 psf 20,078 16,167  
3. WarehouseMak Mandin  - RM1.10 psf 2,500 2,500 Height:19 ft 
4. Warehouse Mak Mandin  - RM1.10 psf6,400 6,400 Height:15 ft 
5. Warehouse Mak Mandin  - RM1.10 psf3,930 3,930 Height:16 ft 
6. Factory with warehouse Bukit Minyak RM20 mil RM0.90 psf 3 acres 93,535  
7. 3-storey villaBukit Jambul RM3.8 mil  - 9,500 9,000  
8. LandBalik Pulau RM6 mil RM80 psf 1.73 acres - Joint venture
9. 2-storey bungalowScotland Rd RM7.3 mil  - 10,800 4,700 Bed:5,Bath:5
10. 3-storey terrace house Sungai AraRM990,000 -1,8403,000Bed:4,Bath:3
11. 2-storey bungalowJln Sultan Ahmad Shah -RM21,000/mth13,250 4,000Commercial
12. LandBatu Maung -RM0.60 psf1.49 acres -Parking lorry, tractor
13. 3-storey terrace house Minden HeightRM1.68 mil -2,1072,065Bed:4,Bath:4
[White Lily]
14. BayStar CondoBayan BayRM1.25 mil  - -1,560Bed:3,Bath:3
Full reno 
15. Scott Residences Macalister RdRM2.25 mil - -2,750Bed:3,Bath:3
16. 4-storey villa [Moonlight Bay]Batu FerringhiRM2.5 mil  -2,500 4,500 Bed:4,Bath:4 
17. 2-storey semi-detach houseTaman Jesselton -RM4,000/mth4,7252,699 Bed:4,Bath:4 
18. 2-storey semi-detach houseJalan Gajah  -RM3,800/mth4,300 2,035 Bed:4,Bath:4 
19. 2-storey semi-detach house[Leasehold] Gelugor RM400,000  - 1,845 1,200 Bed:3,Bath:2 
20. Flamingo CondoGreenlane RM640,000 RM1,400/mth  - 1,100 Bed:3,Bath:2
21. Cold storage room Mak Mandin  -RM2,109/mth  -3,013
cu ft 
RM0.70/cu ft 
22. Duplex Condo (New)Gurney DriveRM6 mil - -5,737Bed:5,Bath:5 
Full reno
23. LandWestern Rd RM46.3 mil  -1.33 acres -Residential 
24. Bkt Dumbar Permai Apt Bkt Dumbar RM580,000  - -990Bed:3,Bath:2 
25. Sierra Residences (New)Relau RM530,000  - -1,000Bed:3,Bath:2 
26. Single storey bungalowPulau Tikus RM9 mil  -13,5006,000 Bed:6,Bath:3 
27. Factory / WarehouseSungai Lokan -RM1.10 psf -19,000Height:35 ft
28. 3-storey bungalow [Brook Residences]Brook Road RM6.93 mil -6,0245,423Bed:4,Bath:5
Private Swimming Pool 

Boldly go. LLAP

Interested please contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational

Note: If you've factory/warehouse/land/commercial building/condominium/house to sell/let or intent to buy/rent one, do call Mr Vulcan Lau +6 016 451 1321 . We will match the buyer/tenant or seller/landlord for you from our MLS.

You're welcome to write your constructive comment below.

Saturday, October 10, 2015

Penang Property Talk | Sell Buy Rent And Lease Property In 5 Easy Steps

Penang Properties | Factory | Warehouse | Land | Commercial Building | Bungalow | Condominium | Apartment | House | Storage Space | Cold Storage Room | For Sale, Lease And Joint Venture In Penang Malaysia. 

Penang%20Properties%20%7C%20Factory%20%7C%20Warehouse%20%7C%20Land%20%7C%20Commercial%20Building%20%7C%20Bungalow%20%7C%20Condominium%20%7C%20Apartment%20%7C%20House%20%7C%20Storage%20Space%20%7C%20Cold%20Storage%20Room%20%7C%20For%20Sale%2C%20Lease%20And%20Join%20Venture%20In%20Penang%20Malaysia.

Step 1: Industrial Property location in Bayan Lepas, Butterworth, Seberang Perai, Juru, Bukit Mertajam, Bukit Minyak, Bukit Tengah, Simpang Ampat, Batu Kawan, Penang Science Park, Nibong Tebal, Jawi, Sungai Bakap, Kepala Batas, Kilang Perindustrian, Industri Kecil dan Sederhana (IKS) Pulau Pinang, Malaysia.

Step 2: Type of Penang Small Medium Enterprises (SMEs) factories for sale and to let: Secure storage space, warehouses, light industry, medium industry and heavy industry.

Step 3: Type of industry: Renewal Energy (RE), electrical, electronics industries, printing, plastic injection moulding, automobile service, engineering, warehousing, showroom gallery, storage and locker space, cold storage room. 

Step 4: Type of storage: Secure storage space and cold storage warehouse Penang cover northern region of Malaysia.

Step 5: Type of transaction: Selling, buying, renting, leasing and joint venture (JV).

Enquire about a property? Please quote the property and location. 

Note 1: For renting, the calculation is based on Build Up Area or Nett Lettable Area(NLA) in sq ft unless specify.

If you can't find the property that you want, talk to us. You can also call us if you've property in Penang to sell or to let. "You Call, We Match." Please contact Mr Vulcan Lau, mobile no.: +6 016 451 1321

This list is last updated on 5 Jan 2016.

Note 2: Persons responding to this listing are not required to pay any estate agency fee whatsoever for properties referred to in this listing.

 Property LocationPrice For Sale (RM)Price For Rent (RM)Land Area
(sq ft)
Build Up Area(sq ft)  Remark
Batu MaungRM12 milRM2.00 psf19,86516,167 
2. Semi-detach factoryBatu MaungRM12 mil RM2.00 psf 20,078 16,167  
3. WarehouseMak Mandin  - RM1.10 psf 2,500 2,500 Height:19 ft 
4. Warehouse Mak Mandin  - RM1.10 psf6,400 6,400 Height:15 ft 
5. Warehouse Mak Mandin  - RM1.10 psf3,930 3,930 Height:16 ft 
6. Factory with warehouse Bukit Minyak RM20 mil RM0.90 psf 3 acres 93,535  
7. 3-storey villaBukit Jambul RM3.8 mil  - 9,500 9,000  
8. LandBalik Pulau RM6 mil RM80 psf 1.73 acres - Joint venture
9. 2-storey bungalowScotland Rd RM7.3 mil  - 10,800 4,700 Bed:5,Bath:5
10. 3-storey terrace house Sungai AraRM990,000 -1,8403,000Bed:4,Bath:3
11. 2-storey bungalowJln Sultan Ahmad Shah -RM21,000/mth13,2504,000Commercial
12. LandBatu Maung -RM0.60 psf1.49 acres -Parking lorry, tractor
13. 3-storey terrace house Minden HeightRM1.68 mil -2,1072,065Bed:4,Bath:4
[White Lily]
14. BayStar CondoBayan BayRM1.25 mil  - -1,560Bed:3,Bath:3
Full reno 
15. Scott Residences Macalister RdRM2.25 mil - -2,750Bed:3,Bath:3
16. 4-storey villa [Moonlight Bay]Batu FerringhiRM2.5 mil  -2,500 4,500 Bed:4,Bath:4 
17. 2-storey semi-detach houseTaman Jesselton -RM4,000/mth4,7252,699 Bed:4,Bath:4 
18. 2-storey semi-detach houseJalan Gajah  -RM3,800/mth4,300 2,035 Bed:4,Bath:4 
19. 2-storey semi-detach house[Leasehold] Gelugor RM400,000  - 1,845 1,200 Bed:3,Bath:2 
20. Flamingo CondoGreenlane RM640,000 RM1,400/mth  - 1,100 Bed:3,Bath:2
21. Cold storage room Mak Mandin  -RM2,109/mth  -3,013
cu ft 
RM0.70/cu ft 
22. Duplex Condo (New)Gurney DriveRM6 mil - -5,737Bed:5,Bath:5 
Full reno
23. LandWestern Rd RM46.3 mil  -1.33 acres -Residential 
24. Bkt Dumbar Permai Apt Bkt Dumbar RM580,000  - -990Bed:3,Bath:2 
25. Sierra Residences (New)Relau RM530,000  - -1,000Bed:3,Bath:2 
26. Single storey bungalowPulau Tikus RM9 mil  -13,5006,000 Bed:6,Bath:3 
27. Factory / WarehouseSungai Lokan -RM1.10 psf -19,000Height:35 ft
28. 3-storey bungalow [Brook Residences]Brook Road RM6.93 mil  -6,024 5,423 Bed:4,Bath:5
Private Swimming Pool 
29. Commercial shop @ Burmah Rd Burmah Road  -RM5.00 psf 12,000 10,000 Commercial
Car park:10 
30. Warehouse Mak Mandin  -RM1.10 psf 5,7455,745 Height:16 ft 
31. Cold storage roomMak Mandin  -RM4,846/mth - 6,923 cu ft RM0.70/cu ft 
32. Cold storage room Mak Mandin  -RM4,567/mth  - 6,525 cu ft RM0.70/cu ft
(2 units) 
33. Arena Corner
[3-storey commercial shoplot]  
Bayan Baru  -RM8,000/mth  -1,100/floor Commercial shoplot for Arena Residences 

Boldly go. LLAP

Interested please contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational http://VulcanInternational.blogspot.com

Note: If you've factory / warehouse / land / commercial building / condominium / apartment / house for sale / to let or intent to buy / rental, do call Mr Vulcan Lau +6 016 451 1321 . We will match the buyer / tenant or seller / owner for you from our MLS.

You're welcome to write your constructive comment below.