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DONE DEAL: 1 1/2 storey semidee factory, Hi-tech 7 Industrial Park, Semenyih, Selangor

Rented for: RM5,000 per month (RM0.93 psf based on built-up area)

Concluded by: Jessica Tung (REN 05827) (012-381 7783) of Propnex Realty Sdn Bhd

When: February 2020

Noteworthy:
● Freehold
● Land area: 11,374 sq ft; Built-up: 5,400 sq ft
● Two bathrooms
● Bare unit
● Facilities: Gated and guarded, auto gate, electric shutters at office and staircase areas, alarm system and CCTV
● Easy access to Kajang Dispersal Link Expressway (SILK), The Kajang–Seremban Highway (Lekas) and main roads such as Jalan Bangi Lama and Jalan Sg Lalang

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Developed by SYF Development Sdn Bhd, Hi-tech 7 Industrial Park in Semenyih is a modern industrial park in Selangor’s Southern corridor. The industrial park offers 76 units with land sizes ranging from 10,725 sq ft to 65,623 sq ft and built-ups from 5,400 sq ft to 18,400 sq ft. The units come with three-phase power supply of 200/400 ampere units (AMP).

Propnex Realty Sdn Bhd’s Jessica Tung who concluded the deal said unlike conventional industrial units, the ones here have modern features and annexed office spaces making them suitable to be used as office, warehouse and production facilities.

 “The tenant is a construction company looking for a contemporary-designed unit as the company’s office and warehouse with ample space to store building materials. They like the safe environment as this is a gated and guarded industrial park with 24-hour security,” she added. It inked a one-year tenancy agreement with a lease renewal option subject to negotiation.

According to data from EdgeProp.my, as at July 5, there were 39 rental listings asking for an average rent of RM25,744 or RM0.66 psf per month in the Semenyih area.

Meanwhile, there were 127 industrial units listed for sale on the property portal with the average asking price at RM3.78 million or RM215 psf.

EdgeProp.my data also showed that 39 industrial units were transacted in 2019 with the average transacted price at RM2.21 million or RM234 psf.

Interested to buy a unit in Hi-tech 7 Industrial Park? Or click here for more property listings in Semenyih. Click here to know more about Jessica Tung and potential good deals.

Planning to buy or sell a home? With EdgeProp's FREE transacted price tool, you can check past transaction prices for any property by name or area and make an informed decision.

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.
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