ML-16 Industrial Park is situated in the industrial area of Seri Kembangan, Selangor where it is located just adjacent to the Balakong Industrial Park, an established location which houses some public-listed companies. This allows ML-16 Industrial Park to enjoy its spillover effect.
Concluded by Lydia Sim of Centricity Realty, the previous owner had decided to let go of the unit because they felt that it was the right time for them to cash out.
Sold with tenancy, the buyer decided to take up the deal for investment purpose, taking advantage of the immediate rental return.
Although the factory was located at a corner with a land area of around 3,000 sq ft more than the intermediate units, it was sold at an attractive price. According to Sim, the asking price for intermediate units in ML-16 Industrial Park could go up to RM5 million while the asking price for corner units were generally priced above RM6 million.
The extra land also meant that the investor could think about extending the unit in the future when necessary.
There is currently no listing data available for ML-16 Industrial Park on EdgeProp.my.
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