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 .
Provides news, articles and photos about factory, warehouse and commercial building for sale rent with great deals including technical support. Mobile: +6 016 451 1321, Location: Penang, MALAYSIA
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Friday, February 27, 2015
Penang Property Real Estate | No Deal Is Too BIG Deal (Every Deal Can Be Resolved)
Saturday, February 14, 2015
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?
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 .
Friday, January 30, 2015
Warehouse/Factory For Sales/Rental Malaysia
Friday, January 16, 2015
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 .
Wednesday, January 14, 2015
Investor Forum Business Daily | Exchange Rates | Malaysian Ringgit versus US Dollar
Real Estate Investment Malaysia | The ringgit fell 1.3% last week to 3.5615 a dollar, the biggest loss in Asia, data compiled by Bloomberg show. The currency has weakened 14% since August 2014 and reached a five-year low of 3.5987 based on http://www.exchange-rates.org/history/MYR/USD/T today. Reserves declined 7.7% to US116bil(RM413bil) in December from November, Bank Negara reported late Thursday.
The graph below shows historical exchange rates between the Malaysian Ringgit (MYR) and the US Dollar (USD) between 7/17/2014 and 1/13/2015.
According to Bloomberg and quoted by Starbiz from The Star newspaper today, the ringgit fell to the lowest level in more than five years on concern that a protracted slump in crude prices would erode the oil-exporting nation's revenue. Brent crude sank to levels not seen since 2009 on speculation US crude stockpiles would increase exacerbating a global supply glut.
Malaysia may review its 2015 budget to take into account the impact of falling energy costs, according to a report from the official Bernama news agency.
"Oil prices are again lower and some of that seems to be seeping through to the Malaysian ringgit," said Divya Devesh, a foreign-exchange strategist at Standard Chartered Plc in Singapore. "Until we see a stablization in crude oil prices, it's really looking like difficult times for the ringgit."
The currency has fallen in six of the last eight days and lost 9% in the past three months, the worst performance in emerging Asia. For the latest exchange rates by Bank Negara Malaysia(BNM) refer to Ringgit Foreign Exchange Rates .