rented for

RM326,390.40 (RM1.60 psf based on net lettable area)

DONE DEAL: Warehouse and office unit, Perindustrian Puchong Utama, Puchong, Selangor

Concluded by: Ks Low pro agent (REN 03616)
PropNex Realty Sdn Bhd
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Perindustrian Puchong Utama is a matured industrial area with a mixture of traditional standalone factories and industrial parks.

According to Centricity Realty real estate negotiator Kevin Low, the tenant is one of the major players in Malaysia’s e-commerce industry. They are looking for a warehouse with a corporate office and spacious land to install the sorting automation robotic system that costs around US$20 million (RM82 million).

The tenant also liked the unit for its 20 loading bays which enable the company to handle the heavy parcel sorting and delivering daily.

“It is good for the landlord (a REIT company) as it has secured a quality tenant at a very good rental rate for three years. The total rental collection will be above RM10 million. This is a substantial income to the landlord,” Low concluded.

According to EdgeProp Research, one transaction of Perindustrian Puchong Utama was recorded each in 2019 and 2020 so far at RM6 million or RM703 psf and RM6.2 million or RM733 psf respectively.

As of October, there were six industrial properties listed for sale in The average asking price was RM8.07 million or RM416 psf.

Meanwhile, there were also six industrial properties listed for rent in with an average asking monthly rental of RM32,295 or RM1.83 psf.  

Interested to buy unit in Perindustrian Puchong Utama? Or click here for more property listings in Puchong. Click here to know more about Kevin Low Kok Seng 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.

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Ks Low pro agent
PropNex Realty Sdn Bhd (REN 03616)
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