Penang Factory | Sungai Lokan Factories | Warehouse For Rent

The availability of new warehouse / factory for sale / rental in Taman Perusahaan Sungai Lokan, Butterworth to cater for Industrial Estates (Kilang Perindustrian, Industri Kecil dan Sederhana (IKS) Pulau Pinang, Malaysia) in Butterworth, Penang mainly to serve Kawasan Perindustrian Mak Mandin, Kawasan Perindustrian Teras Jaya and Taman Perusahaan Sungai Lokan shows that there are demand for it. 

Butterworth is the main town for Seberang Perai Utara (SPU) and it complements Georgetown in Penang Island as transportation hub where one can access to railway network, seaport, bus terminal, North Butterworth Container Terminal (NBCT). These infrastructures are essential to The Federation of Malaysian Manufacturers' (FMM) Penang branch whose membership comprises of manufacturers (MNCs) and companies registered in Malaysia.

One of the warehouses / factories that newly built and is available for sale / rental is:

Warehouse / factory for sale / rental in Kawasan Perusahaan Sungai Lokan, Butterworth

Location: Taman Perusahaan Sungai Lokan (Off North-South Expressway), Butterworth

Build Up: 19,000 sq ft

Ceiling Height: 35/30 ft

Floor Loading: Heavy duty type

Remark: 40' truck is accessible

Private viewing can be arranged. Interested party do 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.Private viewing can be arranged. Interested party do 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 Multiple Listing Service .

Penang | Silicon Valley of East losing position?

No massive layoffs | State semiconductor and E&E sectors ‘invariably impacted’ by MNC mergers

GEORGE TOWN: InvestPenang director Datuk Lee Kah Choon expressed confidence that factories in Penang will not see massive retrenchments taking place arising from the mergers of five multinational companies producing semiconductors and electronics components.  

Lee, who estimates some 150 jobs to be affected out of the thousands, said the companies involved were AMD, which had joint venture with Nantong Fujitsu Microelectronic Co, and Motorola Solutions’ manufacturing facility in Bayan Lepas, which had been taken over by Sanmina Corp.  

He said Western Digital and Dell had also acquired SanDisk and EMC respectively while Amphenol would close one part of its business here.  

“Mergers and acquisitions are commonly carried out nowadays not only to consolidate operations but to increase market share and technology synergies. This is happening globally in the semicon and E&E (electrical and electronics) technology companies.  

“Penang, as an electronic hub with its many international companies, is invariably impacted,” he said at a press conference here yesterday.  

Lee was responding to recent news reports that Penang might lose its position as the Silicon Valley of the East following news of relocations, mergers, retrenchment and even plant closures involving several major foreign electronic players in the state.  

According to a report in a local daily, the series of moves, despite earlier reports of injections of tens of millions of ringgit in investment by two Chinese entities (namely JA Solar, JinkoSolar) in six months, will affect more than 1,000 employees.  

Lee said the acquisition of business did not equate to sacking of employees. “Restructuring exercises will be carried out but it is more to making the business profitable and the expansion of technological manufacturing processes. “Even if there is massive unemployment, these workers can be easily absorbed by other companies here. We are in a better position now to weather any possible unemployment scenario,” he said.  

On German stereo system maker Blaupunkt and HGST, a subsidiary  of Western Digital, Lee denied these companies would either close down, relocate or retrench their workers. “I have been in close contact with Blaupunkt and they do not have any intention to do any retrenchment," he said.  He described Penang’s investment as “healthy”, adding that the state had been ranked in the top five bracket for the past seven years.  

“It is very important for us to bring in the technology to support the supply chain that Penang has already developed.  “We also want investments to create high-income jobs for Malaysians in order for us achieve the national objective of becoming high-income nation in 2020,” he said.

Source | StarBiz

Related articles:

Adios Fairchild Semiconductor (Malaysia) Sdn Bhd

Malaysia | investPenang | Penang Capital Investments 1QFY2015 In One Easy Step (Infographic)

Malaysia | investPenang | Penang State's Capital Investments From 2010-2014

Malaysia | Exclusive Penang Factory/Warehouse Rental and Sale Price Report FY2014/2015

Malaysia Investment | investPenang | PSDC | PDC | IT-BPO | 5 Reasons For Penang FDI Moving Forward?

Cause for concern: Is Penang on the cusp of losing its position as the Silicon Valley of the East following news of relocations, mergers, retrenchment and even plant closures involving several major foreign electronic players in the state? What's your opinion? (Before you form your opinion do read through the related articles above)

Boldly go. LLAP

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

You're welcome to write your constructive comment below.

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. 

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	Location	Price For Sale (RM)	Price For Rent (RM)	Land Area (sq ft)	Build Up Area(sq ft)	Remark
1. Semi-detach factory	Batu Maung	RM12 mil	RM2.00 psf	19,865	16,167
2. Semi-detach factory	Batu Maung	RM12 mil	RM2.00 psf	20,078	16,167
3. Warehouse	Mak Mandin	-	RM1.10 psf	2,500	2,500	Height:19 ft
4. Warehouse	Mak Mandin	-	RM1.10 psf	6,400	6,400	Height:15 ft
5. Warehouse	Mak Mandin	-	RM1.10 psf	3,930	3,930	Height:16 ft
6. Factory with warehouse	Bukit Minyak	RM20 mil	RM0.90 psf	3 acres	93,535
7. 3-storey villa	Bukit Jambul	RM3.8 mil	-	9,500	9,000
8. Land	Balik Pulau	RM6 mil	RM80 psf	1.73 acres	-	Joint venture
9. 2-storey bungalow	Scotland Rd	RM7.3 mil	-	10,800	4,700	Bed:5,Bath:5
10. 3-storey terrace house	Sungai Ara	RM990,000	-	1,840	3,000	Bed:4,Bath:3
11. 2-storey bungalow	Jln Sultan Ahmad Shah	-	RM21,000/mth	13,250	4,000	Commercial
12. Land	Batu Maung	-	RM0.60 psf	1.49 acres	-	Parking lorry, tractor
13. 3-storey terrace house	Minden Height	RM1.68 mil	-	2,107	2,065	Bed:4,Bath:4 [White Lily]
14. BayStar Condo	Bayan Bay	RM1.25 mil	-	-	1,560	Bed:3,Bath:3 Full reno
15. Scott Residences	Macalister Rd	RM2.25 mil	-	-	2,750	Bed:3,Bath:3
16. 4-storey villa [Moonlight Bay]	Batu Ferringhi	RM2.5 mil	-	2,500	4,500	Bed:4,Bath:4
17. 2-storey semi-detach house	Taman Jesselton	-	RM4,000/mth	4,725	2,699	Bed:4,Bath:4
18. 2-storey semi-detach house	Jalan Gajah	-	RM3,800/mth	4,300	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 Condo	Greenlane	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 Drive	RM6 mil	-	-	5,737	Bed:5,Bath:5  Full reno
23. Land	Western Rd	RM46.3 mil	-	1.33 acres	-	Residential
24. Bkt Dumbar Permai Apt	Bkt Dumbar	RM580,000	-	-	990	Bed:3,Bath:2
25. Sierra Residences (New)	Relau	RM530,000	-	-	1,000	Bed:3,Bath:2
26. Single storey bungalow	Pulau Tikus	RM9 mil	-	13,500	6,000	Bed:6,Bath:3
27. Factory / Warehouse	Sungai Lokan	-	RM1.10 psf	-	19,000	Height: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	5,745	5,745	Height:16 ft
31. Cold storage room	Mak 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.

Adios Fairchild Semiconductor (Malaysia) Sdn Bhd

Most baby boomers will know Fairchild Semiconductor International Inc. It started up in Penang as National Semiconductor (commonly known as NS by local) in 1972. The company has been in Penang since 1972 with other reputable multinational corporations. The company headquartered in San Jose, California, previous announced that it would cease its operations in West Jordan, Utah, Penang and Bucheon (South Korea) by end of this year 2015. About 1,000 workers will lose their jobs in Penang accordingly to a source. Some of them been offered to relocate to Fairchild Singapore (FSSG).

Fairchild Semiconductor was one of the eight companies that set up operations in Penang in 1970s, together with Advanced Micro Devices (AMD), Hewlett Packard (now called Agilent Technologies), Clarion, Intel, Hitachi (now called Renesas), Litronix (now called Osram Opto Semiconductor) and Robert Bosch. These multinational companies have been strategically position themselves in Phase One, Phase Two and Phase Three of Free Trade Zone (FTZ). Then naming of FTZ has since been renamed as Free Industrial Zone (FIZ), Bayan Lepas. Bayan Lepas Free Industrial Zone consists of four phases and technoplexes.

Fairchild Semiconductor (Malaysia) Sdn Bhd, Penang

Fairchild Semiconductor International Inc is selling its manufacturing facility in the Phase 2, Free Industrial Zone, Bayan Lepas as part of its world wide realignment exercise. The closure is said to affect around 15% of Fairchild's global workforce of 9000 employees. It is reported that the valuation for 20 acres of land where current Fairchild resides is going for RM200 per square foot (psf) to RM300 psf in valuation. There're two multinational corporations: one from Germany which involve manufacturing of medical devices, for the company's operations expansion and another from United States which interested to acquire the property located on over 20 acres. On the Fairchild's land sales in Bayan Lepas, the interested companies will have to approach Fairchild first for the sale and state government body consent: Penang Development Corporation (PDC) will be followed. Consent will be in favour of hi-tech industry with capital intensive and knowledge based.

Source | The Star

Boldly go. LLAP

This report has been researched and compiled by VULCAN INTERNATIONAL Real Estate Research Institute http://VulcanResearch.blogspot.com for VULCAN INTERNATIONAL Real Estate Investors Club http://VulcanInternational.blogspot.com .

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

You're welcome to write your constructive comment below.

Penang Property News And Talk | Maspex 2015 | Queensbay Mall | List Of Speakers Time Table And Agenda With Pictography

Source MIEA | List Of Speakers Time Table And Agenda

Malaysia | Penang Property News And Talk | The vibrancy of Penang sub sale (secondary market) once again been rejuvenated by Malaysian Institute of Estate Agents (MIEA) with the official opening ceremony been held at Queensbay Mall this afternoon (13 Aug 2015). The Malaysian Secondary Property Exhibition Penang Chapter (Maspex 2015) is four days (13-16 Aug 2015) event. It has 33 booths to cater for buyers and sellers flavor. The location of booths are been divided into two sections with 17 booths at Center Zone (cum discussion area) and 16 booths at South Zone.

With ringgit depreciation, property is the best hedge against hyperinflation: Malaysia | Foreign Exchange | Quo Vadis, Ringgit! Facts And Evolutions

The pictography of the event:

MASPEX 2015 property showcase | houses, condminiums, apartments, soho, offices, factories for sale, to buy and rent

Silver sponsor | PropertyGuru booth | Malaysia's Leading Property Site

Silver sponsor | Mudah.my booth | Malaysia's Largest Marketplace

Bird view of central atrium on participating booths with main sponsor Maybank

Bird view of center zone on participating booths (facing center entrance section)

Bird view of south zone on participating booths

MIEA's booth facing south zone entrance

Related article: Malaysia | Penang MASPEX 2015 Reboot In Queensbay Mall | Sub-sale properties

Boldly go. LLAP

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

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

You're welcome to write your constructive comment below.