DONE DEAL: 2½-storey factory at SILC, Nusa Jaya, Johor

Read also
DONE DEAL: Condominium at The Sentral Residences, Kuala Lumpur
DONE DEAL: Serviced apartment at Pavilion Residences, Jalan Bukit Bintang, Kuala Lumpur

Developed by UEM Sunrise, SILC is the developer’s flagship industrial park development in Iskandar Puteri. It is built to support green industries in advanced technologies, biotechnology and integrated logistics.

The industrial park is strategically located amid a rich ecosystem of industries, residential developments and leisure spots. Within 30 minutes’ drive, one could arrive at Singapore central business district, Senai Airport and Johor Bahru city centre.

Gather Properties Sdn Bhd real estate negotiator Usha Sha said the spacious 2½-storey factory faces Perling-Gelang Patah Highway and is close to Malaysia-Singapore Second Link.

The tenant, who is running a frozen food business, was looking for a warehouse close to major business hubs in Johor. The factory caught his attention as it’s next to the highway, making it easier for him to distribute his frozen food products.

Meanwhile, the owner, who is an investor, likes the tenant’s profile and decided to seal a two-year leasing agreement with the tenant.

As at May 2021, EdgeProp.my has 14 units of factories listed for sale with an average asking price of RM962,000 or RM375 psf. There are also 29 rental listings with an average asking monthly rental of RM38,396 or RM0.97 psf. No transaction data was recorded in recent two years.

Interested to buy unit in SILC? Or click here for more property listings in Iskandar Puteri​. Click here to know more about Usha Sha​ 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.

Get the latest news @ www.EdgeProp.my

Subscribe to our Telegram channel for the latest stories and updates 

Click here for more property stories