Arena Curve Shoplot | Commercial Property For Rent / Sale

With rapid development on the last few plots of land at Bandar Bayan Baru, Penang and integration with Penang Transport Master Plan (PTMP) nearby, the demand for commercial shop lots have been growing in tandem.

One of the latest development by developer Golden Virtue Capital Sdn Bhd has been completed with it showcased Arena Residences Penang which comprises of 19-storey condominium block of 114 units of freehold tenure and Arena Curve Commercial shoplots with the retail podium of 87 units which comprises of two-storey and three-storey shop lots. 

Subterranean Penang International Conference and Exhibition Centre (SPICE) and its aquatic centre

The Arena is situated at Jalan Mahsuri, Bayan Lepas and is a stone's throw away to Subterranean Penang International Conference and Exhibition Centre (SPICE), Olive Tree Hotel and Olive Tree Residences, nearby Penang Free Industrial Zone (FIZ), Penang International Airport and township of Sungai Ara.

We've 3-storey Arena Curve Commercial Shoplot with build up of 1,100 sq ft per floor to rent or for sale. The unit is opposite Olive Tree Residences.

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

Case Study News | Suria KLCC | Wonder Why Court Strikes Out BritishIndia Suit ?

Court Strikes Out BritishIndia Suit

Clothing company loses bid to challenge eviction from Suria KLCC

• The Star Malaysia
 
• March 18, 2016

Suria KLCC

KUALA LUMPUR: Home-grown fashion brand BritishIndia may be required to pay nearly RM7mil in rent, after failing in its bid to challenge its eviction from Suria KLCC [Suria Kuala Lumpur City Centre].

The High Court dismissed a suit by the boutique's owner BTC Clothier Sdn Bhd to continue operating in the prime location, finding that the termination of its tenancy was legal.

High Court judge Justice Nor Bee Ariffin ruled in favour of defendant Suria KLCC Sdn Bhd, saying the clothing company had breached its terms of tenancy by not vacating the premises after the mall chose not to renew its tenancy past July 2014.

The judge also allowed Suria KLCC's counter claim – to be paid double-rental for the 20 months BritishIndia continued to operate.

According to court papers sighted by The Star, the rent for BritishIndia’s store at Lots 111A & 111B on the first floor was RM151,679 a month as of 2014.

Suria KLCC’s lead counsel Tan Sri Cecil Abraham told the court that by his calculations, his client was owed around RM6.7mil in back-rental.

The court also ordered payment of 5% interest per annum on the amount, plus RM100,000 in costs.

BTC Clothier's lawyer Khong Jo Ee was denied her verbal application for a stay of execution pending an appeal of the decision, and was instructed to submit a written application instead.

The tenancy battle began in May 28, 2014, when the mall management informed that it did not intend to renew BritishIndia's tenancy, and subsequently sent a letter of termination dated July 4.

BTC Clothier fired back with a suit on July 7, seeking a declaration that a tenancy subsists between the company and KLCC, and that KLCC had unlawfully terminated the tenancy agreement.

It also claimed Suria KLCC ordered that BritishIndia unconditionally accept the terms of offer to relocate to the second floor or have its premises boarded up.

The clothing company was one of the original tenants, renting the premises for 16 years.

In its counter claim, Suria KLCC stated that their tenancy agreement, which expired on June 30 2014, gave BritishIndia no option to renew.

It contended that since the tenancy had expired, there was nothing unlawful about boarding up the space and it was BritishIndia that had failed to yield vacant possession of the premises.

Suria KLCC claimed it had no desire to keep BritishIndia as a tenant, and that the offer to relocate was merely to give it an opportunity to continue doing business.

Source | The Star

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.

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 .

3 Reasons Why Padang Serai Land For Sale Attract You

Padang Serai is in the southern part of Kedah is in Kulim district, Kedah, Malaysia. The town is located between Kuala Ketil and Lunas.

Reason [1]: Padang Serai is surrounded by oil palm and rubber plantations and the nearby Kulim High-tech Industrial Zone (KHTP) which is 10km away has 56 percent Malay, 23 percent Indians and 12 percent Chinese voters.

Reason [2]: Mix development in progress in the vicinity of Kulim International Airport (KXP), Kedah. The yet to build Kulim International Airport (KXP) is about 1km away from Padang Serai with estimated cost of RM1.6bil. The costs included land acquisition, the building of basic infrastructure of the airport and two runways.

There are few villages such as Kg Teluk Binu, Kg Sidam Kanan, Kg Sentosa, Permatang Durian and some estates like Ladang Bukit Selarong, Ladang Nagalilit. Labu Besar is 20km away.

Padang Serai is famous with its "Pekan Sehari Ahad" or Sunday's Market. Padang Serai is a fast expanding town with the mushrooming of many new housing estates.

Source | Wikipedia

Reason [3]: With the new housing estates been mushroomed, the demand of flat land in the district of Padang Serai is getting sought after by developers and investors with reasonable price. 

A piece of land currently consists of oil palm and rubber estate is up for sale. The subjected land is about 30 hectares with access from main road of Padang Serai and rectangular in shape.

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 .