DONE DEAL: Factory, Seksyen 51, Petaling Jaya, Selangor

DONE DEAL: Industrial land, Semenyih, Selangor

DONE DEAL: Factory, Mukim Bukit Raja, Selangor

Situated in the industrial heart of Petaling Jaya, Selangor, the factory is surrounded by a myriad of conveniences.

According to Winson Yong (REN 05976) (016-233 2982) of CID Realtors Sdn Bhd, who concluded the deal, the previous owner was delighted to sell the property since the buyer was able to meet his offer price. The buyer was also equally satisfied with the deal as he deemed the factory a good place for investment as it will bring a stable monthly rental income.

Apart from both the buyer and tenant benefitting from the deal, Yong also believes that the factory is suitable for different kinds of industrial use because of its specifications and access to roads and highways.

As of the beginning of April, there were 45 for sale listings for factory units at Jalan Tandang on EdgeProp.my with an average asking price of RM28,800,000 or RM696.54 psf . Meanwhile, there were 100 rental listings with an average monthly rent of RM75,980 or RM 2.30 psf.