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

By The Sea Condominium | For Sale And Rent

 

 

 

By The Sea Condominium, Penang with address at Batu Ferringhi is the maiden development by SDB (Selangor Dredging Berhad) in Penang, MALAYSIA. SDB is a established developer earmarked from Selangor since 1985 when they first completed their prestige corporate building.

The benefit of this luxury project is that it sit along chain of resort hotels of the like Hard Rock Hotel Penang, Golden Sands Resort Penang, Parkroyal Penang Resort, Rasa Sayang Resort and Spa, tourist shopping spree where you can get your needs, souvenir and essential done within minutes of walking distance and best of all, the food where Penang is famous for.

In Penang SDB has completed "By The Sea" luxury condo project which comprises of 138 units beachfront situated at Penang's famous tourist belt locality of Batu Ferringhi precinct. Build up for the units ranging from 1,037 sq ft to 3,012 sq ft and is freehold in tenure. The project comprises of three blocks with 5 to 11 storey high and low density in terms of unit per floor.

As its name implied, it's located next to the Andaman sea where you can have your surfing at sunny seaside strip which is a stone's throw away where Penang is famous of its beaches. It's a popular condo for homestay where every unit is been equipped with kitchenette and most of them are fully furnish. The vibrant of homestay movement best describe it. Obviously you can buy a unit and stay in By The Sea Condominium if you wish. Rental per day could fetch RM500: 

www.Booking.com

 

By The Sea Condo | Infinity Swimming Pool

 

By The Sea Condo | Children Playground | Behind It Is The Beachfront

 

 

Facilities Including Gym

 

 

By The Sea Condo | Batu Ferringhi Condo For Sale

We've a unit of By The Sea for sale with details as below for sale:

Type: Luxury Condominium

Tenure: Freehold

Location: Batu Ferringhi, Penang MALAYSIA

Project: By The Sea Batu Ferringhi Luxury Holiday Suite

Bedroom: 2

Bathroom: 2

Build Up: 1,097 sq ft

Status: Renovated and Fully Furnished

Condition of Sale: Lock Stock and Barrel

Asking Price: MYR 1,700,000

We've units By The Sea Penang for rent (to let) as well. We'll be at MASPEX 2016 (Penang Edition) @ Queensbay Mall from 22 Sep 2016 to 25 Sep 2016.

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 And Kulim | Kedah | Employment Opportunity Buzzing Up North

We're going to conclude the month of January 2016 and the article below does shed some light regarding 'strategic hiring' which literally means hiring by demand on certain expertise fields or placement. Read on for your own benefits of how the employment opportunities in northern region of Malaysia for 2016.

Getting bigger: An indication of PENANG's EMPLOYMENT OPPORTUNITIES is the expansion plans of OSRAM Opto Semiconductors, which has signed a deal to expand its plant, shown here in a file photo.

It's Buzzing Up North

While large-scale hiring is not happening, 'strategic hiring' is offering job opportunities.

IT's good news for job seekers in the engineering field, especially in Penang.

Recruitment firm Rober Walters Malaysia recently indentified the state as a hub for semiconductor and electrical and electronics (E&E) manufacturing with more foreign direct investment (FDI) focusing on the north of the country this year.

"In Penang and Kulim (Kedah), there's a lot of buzz. We're confident of growth," said Sally Raj, managing director of Robert Walters, when announcing that the company will open its second office in Penang this year.

"Riding on Penang's anticipated ICT and E&E growth, our focus will be on engineering, manufacturing, procurement and supply chain sectors," she adds.

Advising job seekers to keep options open and move to where the growth is, she says: "Don't get stuck in the 'I only want to work in the Klang Valley' mindset."

Malaysian American Electronics Industry chairman Datuk Wong Siew Hai points out that Penang has always been a semiconductor and E&E hub. It has grown and diversified with some expansion slated for this year. Large scale hiring, however, is not expected; rather, the key phrase is "strategic hiring", he says.

"Yes, there are pockets of hiring, especially in design development, to fill critical positions and work on new projects in areas like automation and cloud computing."

This still doesn't mean it's easy to get a job in Malaysia - you have to be the "right talent and a right fit", he stresses.

Malaysian Employers Federation executive director Datuk Shamsuddin Bardan says Johor, Malacca, Penang, Sarawak and Selangor accounted for 88.5% of total approved investments in the country last year.

The approved manufacturing projects translated to over 50,000 job opportunities with 33.9% in experienced, highly skilled jobs, including in the areas of E&E, mechanical and chemical engineers, and skilled craftsmen, he says.

Zooming in on Penang, he says a well-developed local supply chain, established infrastructure, and a supportive ecosystem have contributed to the state's reputation as a global hub for E&E.

"Employment opportunities will grow with foreign investment. While there have been retrenchments in some E&E companies, there is no massive retrenchment exercise in Penang despite some mergers and acquisitions activity."

Penang Freight Forwarders Association (PFFA) vicechairman P. Kalimuthu welcomes the Robert Walters forecast as about 70% of its business is semiconductor and E&E related. Based on last year's 3% contraction of cargo handled at Penang International Airport, PFFA had predicted growth in the industry would be flat this year.

"If the semiconductor and E&E industry is expected to be robust, of course we'll be very happy because it forms a large chunk of our industry. Hopefully, instead of another contraction, we'll see an expansion."

PFFA president Krishnan Chelliah, however, predicts minimal growth - if any at all. It's still a challenge for industry players, he says. The shrinking ringgit benefits exporters but the global slowdown, especially in China, will impact growth, he feels.

InvestPenang director Datuk Lee Kah Choon says the E&E sector is cyclical like most businesses. And it's very much tied to the general global economic growth. With a subdued general global forecast, the E&E sector will most likely maintain its current growth momentum. The depreciating ringgit is also a positive factor - at least in the short term if manufacturers are exporting in US dollars.

"Investment in Penang has been consistent over the years. It's a favourite destination for investors looking for a strong E&E supply chain and a talented and trained work force."

He, however, feels we must do more to upgrade our education system. "We must produce an industry-ready and industry-needed workforce," he stresses.

On Thursday, Osram Opto Semicondustors inked a deal with Penang Development Corporation (PDC) to expand its factory in the state. The Penang Government has approved the construction and lease of a RM15.5mil building.

During the event, Penang Chief Minister Lim Guan Eng shared how Penang recorded RM8.2bil in investments in 2014, a 110% increase compared to RM3.9bil in 2013. Between 2008 and 2014, the state recorded investments of RM48.2bil, a 93% increase compared to the period between 2001 and 2007.

Describing the Osram deal as a strategic investment for the state, Lim says the company's expansion will focus on high-skilled business and technology roles which will create high value employment for Penang talent.

Source | The Star Malaysia

Boldly go. LLAP

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

More details: http://vulcaninternational.blogspot.com .

You're welcome to write your constructive comment below.

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.

Star Property Fair 2015 | A closer look at it

Another year, another property fair for Star Property Fair. This year Star Property Fair 2015 is in its 14th running series with more than 40 property exhibitors is currently underway at Gurney Plaza and G Hotel, Penang, Malaysia from 9 July 2015 to 12 July 2015.

As of last year, Eco World Development Group (EcoWorld) again been primely features at the gallery of Level 2, G Hotel while BSG Property and Ivory Properties Group been lucidly on display at the atrium of Gurney Plaza and IJM Land along with Asia Green been anchored fort at its new wing. Projects showcased is estimated with Gross Development Value (GDV) of RM40bil. 

Eco World Development Group (EcoWorld) has its maiden project in Penang, the Eco Terraces in Paya Terubong on displayed with its huge land of 12.79 acres for this project development. It is said only 30% of the land been developed to cater for its masterpiece of 33-storey tower block containing 333 lifestyle contemporary residences.

Tropicana Corporation Berhad joint ventured with Ivory Properties showcase its Tropicana Bay Residences, the 1st phase of Penang WorldCity. The WorldCity project is a freehold development in Bayan Bay's area.

BSG Property showcase Mira Residence at Tanjung Bungah, Middleton at Minden Heights, Oakridge near Queensbay Mall and Granito@Permail.

Jesselton Villas that been offered by Berjaya Land Development Sdn Bhd is a conceptualize freehold bungalow lots where discerning buyers able to build their dream homes on the purchase bungalow plots sit next to the prestigious Penang Turf Club.

IJM Land showcase their award winning The Light Waterfront Collections. It has fully scale model been displayed at their booth.

Mah Sing Group, lifestyle master developer at Batu Maung showcase their Southbay City, Legenda@Southbay, The Loft@Southbay, Southbay Plaza and Ferringhi Residence.

Asia Green Group showcase The Clovers and QuayWest Residence. They're the developer for Asia Hills bungalows in Bukit Gambier, Hilltop Villas in Batu Ferringhi, Asia Heights in Air Itam and Mandarin Quarter in Butterworth.

Other property developers that also have their respective showcase are Iconic Land Sdn Bhd, Tambun Indah, MTT Properties & Development Sdn Bhd, Tropicana Macalister (Penang) Sdn Bhd, Nusmetro City Sdn Bhd, Trimension Properties Group and Ideal Group.

The icing on the cake is Property Talk that is currently going on till this Sunday. The objectives as of Property Talk is to keep you abreast and arm you with information of what is currently going on specifically in Penang's real estate properties outlook and generally covers other finesse overseas market of the like Australian properties and UK properties during this four days event.

BSG Property showcase Mira Residence at Tanjung Bungah, Middleton at Minden Heights, Oakridge near Queensbay Mall and Granito@Permail.

Asia Green Group showcase The Clovers and QuayWest Residence.

IJM Land showcase their award winning The Light Waterfront Collections.

Eco World Development Group (EcoWorld) Gallery.

Mah Sing Group, lifestyle master developer at Batu Maung showcase their Southbay City, Legenda@Southbay, The Loft@Southbay, Southbay Plaza and Ferringhi Residence.

Property Talk session is going on.

Link to 2014 Star Property Fair: Star Property Fair 2014

Link to 2013 Star Property Fair: Stylish Living Property Fair 2013

Link to 2012 Star Property Fair: Penang Property | Star Property Fair 2012

Link to 2011 Star Property Fair: Penang Property Fair | Star Property Fair 2011

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 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.