Penang Factory and Warehouse | Factory In Perai Free Industrial Zone For Sale Rent

Perai Free Industrial Zone (formerly Prai Industrial Estate), Butterworth was developed by Penang Development Corporation (PDC) and it consists of four phases. It was developed after MIEL Perai industrial area (Kawasan MIEL), Prai in the 1970's to support industrial park establishment in Butterworth, Penang. It's to complement Bayan Lepas Free Trade Zone (FTZ) at that time as lands for industrial are scarcely in Penang island. With Penang bridge completed in 1985, the demographics in Prai has been growing fast. That in terms supply of skill workers to support factories.

Perai Free Industrial Zone factories company list among others reputable Local & Multinational Industrial players are; Flextronics, Sony Mechatronic and Electronics, Jinko Solar, Mattel, Honeywell, Teleplan, Schott Glass and Southern Steel.

We've one piece of industrial land measuring approximately 1.7 acres land area that is for sale or rent at Perai Free Industrial Zone. The factory distance to NBCT (North Butterworth Container Terminal) is 6.7 km only. Haulage to NBCT is about RM500 per 40 footer container depending on transporter. This is a factory annexed warehouse on the land. Refer to factsheets below for more details.

  Prai Free Industrial Zone (FIZ) | Factory annexed warehouse with ceiling height of 29/19 feet (max/min).

Factsheets for factory annexed warehouse for sale and rent as below:

Land area (approx 1.7 acres)	74,052	sq ft
Gross floor area (GFA)	35,600	sq ft
Ground floor (Office and lobby)	2,800	sq ft
1st floor (Office)	2,800	sq ft
Production floor	30,000	sq ft
Power	600	amp
Floor loading	3	ton/sq m
Production ceiling height	29/19	ft

You might want to look into the following factories and warehouses listings...

1. Penang Prai Factory Warehouse For Sale Rent
   
2. Penang Prai | Affordable Factory Warehouse For Sale Rent With Immediate Occupancy
3. Why Penang Bukit Minyak Factory Warehouse For Sale Rent In Demand ?
4. Bayan Lepas Factory With Warehouse For Rent With Immediate Occupancy
5. Batu Kawan | Factory Warehouse For Sale By Fact Sheets In Penang Science Park
6. Full details of our MLS [Multiple Listing Service] 

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

Penang | Factory And Warehouse Space For Sale And Rent In Bayan Lepas

Factory cum warehouse sale and rental space in Phase 3, Bayan Lepas is make possible under Industrial Rental Properties and Vacant Factories For Sale and Rent categories. The availability of factory space for rental in this demanded market for medium size factory will be available beginning of April, 2016 [the current machinery of previous tenant schedule to move out]. 

It's suitable for sub-assembly and manufacturing like injection moulding machine which need high commanding ceiling. Rework processes that required mid-size floor space could also been implemented.

If you're looking for expansion or relocation of your production capabilities, this factory cum warehouse with its facilities will enable you to start your production. Is a must to view if you're looking for ready factory to start production.

The configuration of the factory as follows:

Location: Bayan Lepas Free Industrial Zone (Phase 3 FIZ)

Distance: Approx. 4 km from 2nd Penang Bridge (Jambatan Sultan Abdul Halim Muadzam Shah)

Build Up: 11,000 sq ft

Land Area: 19,350 sq ft

Surrounding amenities: It situated near by Jabil Circuits, Intel, Plexus Manufacturing Sdn Bhd, ASE Electronics and Inari Technology Sdn Bhd (under Inari Amertron Berhad).

The space for rent in Penang can also be used as warehouse.

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

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 [Multiple Listing Service] . Interested party do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | https://VulcanInternational.blogspot.com

investPenang | 5 Amazing Merges And Acquisitions

Malaysia Industry News | Penang State's invest Penang has came out with facts and figures including information on employment to clear the air on what's going on with the current industrial merges and acquisitions as in press statement published in Mutiara Buletin Issue of Nov 1-15, 2015 directory as below:

invest Penang director Datuk Lee Kah Choon

PRESS STATEMENT—CURRENT INDUSTRY M&A        

[ investPenang | url address:http://www.investpenang.gov.my ]

27 Oct 2015

1. As the State's investment promotion agency, investPenang wishes to address the current spate of on-line news and speculations regarding corporate movements of a few semiconductors / E&E (Electrical and Electronic) multinationals in Penang.

2. In today's industries and business, mergers and acquisitions are commonly carried out not only to consolidate operations but also for other reasons such as increase in market share and technology synergies. This is happening globally in the semicon and E&E (Electrical and Electronics) technology companies and Penang, as an electronic hub, with its many international companies, is invariably impacted.

3. In 1H 2015 alone, globally, $72.6 billion worth of M&A (mergers and acquisitions) were announced. This was more than four times the value of M&A reported in fiscal 2014. The 3 major M&A include:

- $37 billion acquisition of Broadcom by Avago

- $16.7 billion acquisition of Altera by lntel

- $11.8 billion acquisition of NXP Semiconductor by Freescale.

4. In Penang, 5 multinationals recently announced their M&As:

[a.] AMD joint venture with Nantong Fujitsu Microelectronic Co.

85% share in AMD's manufacturing sites in Penang and Suzhou, China were sold to Nantong Fujitsu Microelectronics for $371 million cash; with AMD retaining 15% stake. The manufacturing site in Penang will remain in operation. The JV is the “latest step in AMD's strategic transformation to further sharpen focus and operations on designing high-performance products." The company announced that "there are no planned workforce reductions in Penang AMD facility”. The deal expected to be closed first half 2016, as long as regulatory and other  approvals are obtained.

[b.] Sanmina Corp to take over Motorola Solutions’ manufacturing facility in Bayan Lepas.

Motorola's manufacturing in Technoplex facility will be taken over by Sanmina Corp, a leading integrated manufacturing service provider; whilst it focuses on R&D in Penang. They confirmed that the "sale does not change Motorola's commitment in Malaysia" and ”allows Motorola Solutions to deliver best in class service to its partners and customers”. They also reported in a local press on Oct 14th, 2015 that the "transfer does mean there will be a reduction in staffs". Employees will be transferred to Sanmina at no lesser terms than what they currentlv have. The transaction is expected to be finalized by early 2016.

[c.] Western Digital acquiring SanDisk

WD announced on 21 Oct 2019, its plan to acquire SanDisk for $19B cash and stock. The deal is scheduled to be closed by Q3 2016. There are currently 1042 employees in SanDisk Penang.

[d.] Amphenol to close one part of its business.

Amphenol is consolidating its mobile consumer products division in Asia Pacific, closing one of its plants in Penang. 150 employees will be affected. The Company will continue manufacturing of high speed connectors in 2 other plants in Penang, employing 800 staffs.

[e.] Dell acquired EMC at $67billion

Acquisition, announced on 12 Oct, 2015, was made to ‘evolve the company into the most relevant areas where lT is moving’.

From the above, it can be seen that only 150 jobs in Penang are affected. More job consolidation could be happening due to other M&As but there are no news of closure to date. Corporate movements will impact Penang, as host to many MNCs, and also other States in Malaysia.

5. In Penang, investments in the manufacturing sector remain robust. Recently, Jinko Solar as well as JA Solar, both multinational Chinese companies, started operations in Penang offering a total of 1,900 jobs. HP is currently constructing their factory in Batu Kawan and will employ 1,000 staff when it is in full operation. Overall, according to MIDA (Malaysian Investment Development Authority) , a total of 17,896 new jobs will be created in Penang via approved investments in 2014 and 13,199 new jobs via approved investments in 1H 2015.

6. Penang managed to attract RM48.2 billion worth of investments from 2008 to 2014, which is 93% higher than the RM24.9 billion invested on a similar 6 year period from 2001 to 2007.

7. In addition to manufacturing, the services sector, especially Global Business Services and Shared Services Outsourcing continues to offer high value job opportunities. HP recently started a finance centre at PDC Technoplex. Others include Osram‘s GBS center employing 150 staff and Jurong Engineering Design Center with 200 staff.

8. The Penang Career Assistance and Talent (CAT) Center continues to provide assistance to job seekers and employers looking for right candidates. As at 26 Oct, 2015, a total of 3,246 vacancies in Penang can be found in job portals linked to the CAT Centre.

9. The State government via invest Penang is working closely with companies that have made announcements to assist and smoothen transition. However, for companies that have yet to make any official statements, due to confidentiality requirements at this stage or other reasons, whenever they can, we urge them to clarify matters to quell the spread of rumours. Further updates and clarifications will be given by investPenang when necessary.

10. As an international city where many multinationals are located, Penang will be subjected to vagaries of global business trends directly. We however remain positive in facing these challenges and steadfast in assisting all our investors and employees.

Source | Mutiara Buletin

You should also read related articles:

Penang | Silicon Valley of East losing position?

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 | #VulcanInternational 

http://vulcaninternational.blogspot.com .

You're welcome to write your constructive comment below.

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 13 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.