Penang Bukit Minyak Factory Warehouse For Sale Rent

Bukit Minyak is an industrial land park area zone in Central Seberang Perai District, Penang, Malaysia [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.

Suitable for: factory, warehouse, logistic transporter.

 

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.

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

Penang Science Park | Batu Kawan | Factory Warehouse For Sale

Batu Kawan Industrial Park and Penang Science Park has been earmarked for factories development by Penang State Government as catalyst in transformation to cater for jobs to the people of Penang. In between these two well known industry parks lie a full fledged of mix development including university, Penang Designer Village, Aspen Vision City which includes IKEA Home Furnishing by AspenGroup (AG) jointly developed with Ikano Retail Asia, Ecoworld Development Group Bhd to develop two complementary townships, known as Eco Horizon and Eco Sun jointly developed with Employees Provident Fund Board (EPF) on 375 acres of prime land in Batu Kawan, Penang Malaysia.

Currently within Penang Science Park [the first halal industrial park in Penang], Bukit Minyak is made available for sale a well designed 2-year-old new factory.

 

Penang Science Park | Factory Warehouse for sale bird view.

 

Factory production office view.

- Location: Penang Science Park, Bukit Minyak

- Penang Science Park is fiber optics network services ready infrastructure

- The distance from NBCT port Butterworth, Penang is 21km or 20 mins travel

- Ready to move in with complete lighting, air conditioning, water sprinkle system, industrial lifts

- 53,265 sq ft total build up area

- 1.5 acres land area

- min 33 ft high ceiling factory / warehouse 

- 3.5 Tonnes production floor loading

- 345 kWh with incoming power supply capacity at 600 Amps

- 2 loading bays with Dock leveler

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

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

Penang | Factory Space For Rent In Prai Industrial Estate

The availability of factory space for rental in Perai Industrial Area (Kawasan Perindustrian Perai) suitable for sub-assembly and electronics component assembly as it's ready with overhead facilities such as power supply points and air point for torque drivers in this readily manufacturing plant. 

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

Factory lobby

With the existing facilities, tenant will have better cost saving when moving to this facility. The configuration of the factory as follows:

Location: Prai Industrial Zone (Kawasan Perindustrian Perai)

Distance: Approx. 7 km from 1st Penang Bridge.

Build Up: 70,000 sq ft

Land Area: 100,000 sq ft

Loading / unloading capabilities with 3 dock levelers to cater for 1 toner to 40 footer container.

Facilities available: Overhead power supply points, overhead air hoses and fittings, ESD flooring, sprinkle system, covered car park and ample parking bay.

Surrounding amenities: It situated near by Auto City, Juru. Vicinity industries are IKS (Industri Kecil Dan Sederhana) Juru, IKS Bukit Tengah, Taman Perindustrian Bukit Minyak. 

The space for rent 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. Interested party do 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/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 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 .

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

How is Penang Capital Investments' achieved during 1st Quarter FY15?

Penang Capital Investments 1st Quarter FY2015 has been reported to come in 2nd place as compare to other states in Malaysia with approved investments of RM2.9 billion (based on local and foreign investments which accounted for 8.6% in overall country's investments). 

It was behind Johor State which captured a staggering investment of RM26 billion of same quarter, according to figures that been released by Malaysian Investment Development Authority (Mida).

Penang State just published their result for its first quarter performance in their Key Performance Index (KPI) on capital investments elaborated further that 88% of the state investments came from electrical and electronics (E&E) sector. Countries that top foreign investors in Penang were the United States, China, The Netherlands, Singapore and Germany. For the year 2014, investments main source contribution were from E&E and biomedical sectors. In this particular aspect, NEPCON Malaysia trade show will be one of the catalyst in promoting the electrical and electronics (E&E) sector. It's said to be one the popular platform in dealing with new products and services launching related to electrical and electronics.

For year 2014 updates, Penang State came in 3rd with a total of RM8.16 billion, behind Johor (RM21 billion) and Sarawak (RM9.6 billion). For more details report refer to Malaysia | investPenang | Penang State's Capital Investments From 2010-2014.

[Infographic: Malaysia | Penang Capital Investment 2010-2015]

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.

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

It was reported recently that Penang State recorded RM8.16 billion in investments last year which is more than double as compared to 2013. The investments contribution mainly from its electrical and electronics(E&E) sector as well as biomedical sector.

Of the total RM8.16 billion in capital investments, RM5.11 billion are said from foreign direct investments (FDIs) last year which domestic investments contributed RM3.05 billion. For comparison, the state’s FDI only totalled RM1.79 billion as recorded in 2013.

Refering to figures released by Malaysian Industrial Development Authority (#Mida), Penang’s ranking position in bringing in investments went up to third place last year as compared to fourth placing in 2013 among all other states in Malaysia.

In 2014, Penang is ranked right behind Johor and Sarawak, which recorded RM21 billion and RM9.6 billion in total investments respectively.

The infographic shows the flow of total capital investment for Penang for year 2010, 2011, 2012, 2013, 2014 (quinquennial snapshot) is RM36.78 billion.

The negative percentage indicates that relatively to a year before, the total capital investment value is lower as compare to its previous year. Vice-versa, positive percentage indicates that year is better in total capital investment performance versus the immediate previous year.

The crux of the matter is that every year there's investment(in billion) done by Penang State.

PS: For year 2012, the figure RM2.47 billion is without the inclusion of RM2.90 billion from Northern Corridor Investment Authority(NCIA). If included it was then be RM5.37 billion.

It's good to see that Penang has its mid term and long term investments been pursued as whatever investment by Penang State will normally take 3-5 years before been implemented or might not come to fruition. Example, the result of Penang's Total Capital Investments for 2015 might come to reality in 2018.

As for long term, Penang's Information Technology Business Process Outsourcing(IT-BPO) is under framework of 10 years to materialize: http://vulcanresearch.blogspot.com/2014/10/malaysia-investment-investpenang-psdc_18.html

Sources from the following reports:

http://www.malaysia-today.net/penang-no-1-in-malaysia-in-manufacturing-investment-for-the-2nd-consecutive-year-in-2011/

http://penangcatcentre.my/whats-up-details.s7f.aspx

http://www.themalaysianinsider.com/malaysia/article/guan-eng-penang-2011-investment-at-rm10b-beats-target

http://www.thestar.com.my/News/Nation/2013/03/26/Penang-received-RM54bil-last-year-says-state-investment-body/

http://penangmonthly.com/penangs-manufacturing-future/

http://www.themalaymailonline.com/money/article/penang-records-rm8b-in-investments-last-year-more-than-double-2013

Boldly go. LLAP

This report is been compiled by VULCAN INT'L Real Estate Research Institute www.VulcanResearch.blogspot.com for VULCAN INTERNATIONAL Real Estate Investors Club http://www.vulcaninternational.blogspot.com .

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

You're welcome to write your constructive comment below.

Research and Development In Malaysia | Factory For Rent | Something That You Could Learn For Free

A lot of times for you to accomplish certain task is just by asking if you want to get it done as it's beyond your capability. You just have to ask as Steve Jobs did when he needed parts to build his frequency counter from Bill Hewlett of HP. He was then 12 year-old and studying in high school.

This is the story of how VULCAN INTERNATIONAL Real Estate Investors Club is helping out R & D of a Multinational Company due to our comprehensive establishment in the sector of factory and warehouse. 

We've been approached by a Multinational Company (MNC) in Free Industrial Zone (FIZ), Bayan Lepas Penang to help source for factory/warehouse that need to meet their requirement: 

(1) Ridge height : 15m, (2) Floor space dimension: 40m x 40m.

Based on above, the floor space required is 1600m sq(approx. 17,222 sq ft). The indicative rental based on Prai industrial for warehouse is RM1.30 psf(per sq ft) and it'll cost about RM22,388.60 per month.

Reason for sourcing the factory/warehouse is to perform actual testing of their prototype product instead of simulation as earlier learning curve found that simulation is not accurate. That eventually caused product recall. As you're aware any product recall is going to be very expensive in terms of labour and product replacement. This is currently happened to automobile industry for airbags.

Due to its nature of rental for a month to perform actual testing, all our business partners won't be able to cater for it as they're looking for long terms warehousing rental instead of a month or two.

We've gave them free information of whereabout to source the building that met their requirements and the best part is that it's free of charge due to the establishment belongs to public funding. That is a cost saving of RM22,388.60 per month to them.

How can we help you?

The building that met the Multinational Company's requirement:

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.

This report is been compiled by VULCAN INT'L Real Estate Research Institute www.VulcanResearch.blogspot.com for VULCAN INTERNATIONAL Real Estate Investors Club http://www.vulcaninternational.blogspot.com .

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

You're welcome to write your constructive comment below.

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

With the impending Goods and Services Tax(GST) that is going to take effect from 1-April-2015 and earlier announced increase in quantum of Real Property Gain Tax (RPGT) Penang Property | Malaysia Real Estate Investment | Budget 2014 Malaysia | RPGT and its cousin Stamp Duty, the factory/warehouse sale and rental have been greatly affected investors and they're on the sidelines.

The rental price for Penang Island is hovering around RM2.00 per sq ft while mainland is commanding around RM1.30 per sq ft based on nett lettable area (NLA). Prices quoted are for new completed buildings. Batu Maung's Small and Medium Industry(SMI) has its value been appreciated with the completion of 2nd Penang Bridge Penang New Landmark | MM2H | Second Penang Bridge | Sultan Abdul Halim Mu'adzam Shah Bridge. Distance from Diamond Valley Industrial Park, Batu Maung to 2nd Penang Bridge (Sultan Abdul Halim Mu'adzam Shah Bridge) is only 3 km compared to 1st Penang Bridge which is 11 km. A factory of size 20,000 sq ft has said to be going from RM10 mil to RM12 mil based on seller revised asking price. Another advantage of Diamond Valley Industrial Park is that it's near to Bayan Lepas Free Industrial Zone (FIZ) as supporting industry. Another development that is bound to gain from completion of second Penang Bridge is Mutiara Light Industrial Park located at Sungai Tiram, Bayan Lepas.

The Penang state's initiatives of IT-BPO Park in Bayan Lepas Malaysia Investment | investPenang | PSDC | PDC | IT-BPO | 5 Reasons For Penang FDI Moving Forward? that schedule to complete in next 10 years which is near to Penang International Airport and Bayan Baru will make the property around Diamond Valley Industrial Park to be appreciated when Information Technology Bussiness Process Outsourcing (IT-BPO) fully operational. This RM3.3 Billion IT-BPO Hub is the vehicle to propel growth towards diversifying the state’s economy and enable the growth of a viable employment sector. The IT-BPO Hub comprises 3 core-components of 74 acres of IT-BPO Park in Bayan Lepas; a planned development of 7 acres BPO Prime in Bayan Baru[current Penang Development Corporation(PDC) site] ; and a 100,000 sq ft Creative Animation Triggers(CAT) in the George Town heritage enclave.Batu Kawan Industrial Park has its nearby locality land been snapped up by property developers Property Hunter | Batu Kawan | Penang Science Park | Industrial Land For Sale Or Joint Venture (JV). Transactions surrounding Batu Kawan's neigbourhood have been transacted on average at RM50 per sq ft.

P.S.: This report doesn't cover boutique factory such as Tangkas Infinity Bukit Minyak | Tangkas Infiniti Factory/Warehouse/Commercial Building For Sale which is build in compliance with the Green Building Index(GBI) and includes energy conservation features.

This report is been compiled by VULCAN INT'L Real Estate Research Institute www.VulcanResearch.blogspot.com on general indicative Penang's factory/warehouse selling price and rental for VULCAN INTERNATIONAL Real Estate Investors Club http://www.vulcaninternational.blogspot.com .

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

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.

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

As we're aware one of the pillar in growth for Penang state is foreign direct investment(FDI) besides tourism and its sister UNESCO World Heritage status. To complement the Malaysian Investment Development Authority(Mida) initiative in attracting investor, the investPenang arm under Penang state government has move along the same line by going to Hong Kong and Singapore with the same objectives of allure investors to Penang.

A source mentioned that Malaysia recorded its highest foreign direct investment(FDI) of RM38.7bil in 2013,an increase of 24% over 2012 and 3.9% higher than the last record of RM37.3bil achieved in 2011.

What will foreign investors stand to gain by having their operations in Penang?

1. The infrastructure of masterplan Free Industrial Zone(FIZ) has been established since 1970s with Bayan Lepas FIZ. It was later expanded to mainland with Prai FIZ with supporting industries built under Small and Medium Industries(IKS).

2. Talented human capital development. Penang Skills Development Corporation(PSDC) was established in 1989. The centre is entrust to provide training and develop human capital to support Multinational Corporations(MNCs). Over a period of 20 years, the Centre has trained over 150,000 participants through over 7,000 courses; pioneered local industry development initiatives; assisted in the input and formulation of national policies pertinent to human capital development and contributed directly to the Malaysian workforce transformation initiatives.

3. InvestPenang agency. The state government agency was established in 2004. investPenang is a non-profit entity of the State Government with the sole purpose of promoting investments within Penang. investPenang aspires to sustain, rejuvenate and further promote entrepreneurialism through continued investments and simultaneously explore new growth areas which are profitable. Their core competencies are (1) Furnish information and resources to investors, (2) Enhance Penang’s business friendly environment, (3) Strengthen Penang’s competitive advantage, (4) Promote investment, (5) Support existing companies growth, (6) Facilitate growth of domestic industries, Penang SME Centre. As a matter of fact we work with investPenang and Mida on foreign direct investments'(FDIs) requirement and to cater the investor needs on existing infrastructure.

4. In tandem with investPenang's efforts, Penang Development Corporation(PDC) provides industrial lands for factories. These lands are with tenure of 60-year lease. Their current factory development is in Batu Kawan with establishment on Batu Kawan's IKS.

5. The IT-BPO Hub Penang integration. It's a vision and initiatives of Penang state government to envision that Penang establish herself with Information Technology Outsourcing and Business Process Outsourcing(IT-BPO) Hub with cost of RM3.3bil in setup and expect to be fully operational in 10 years.

The IT-BPO hub is make up of 30ha(74.2 acres) BPO Park in Bayan Lepas, 2.8ha(6.9 acres) BPO Prime in Bayan Baru and 0.93ha(2.3 acres) of Creative Animation Triggers(CAT) in George Town heritage zone.

Penang's Business Process Outsourcing (BPO) Park.

BPO services is said to include customer operations, data processing, back office administration, accounting, technical support, transcription, software development, IT consultancy and disaster recovery services.

This article has been written by VULCAN INT'L Real Estate Research Institute http://www.vulcanresearch.blogspot.com for VULCAN INTERNATIONAL Real Estate Investors Club http://www.vulcaninternational.blogspot.com .

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

You're welcome to write your constructive comment below.