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Signature International sells Techpark land for RM25.7 mil

Kitchen cabinet manufacturer Signature International Bhd (KL:SIGN) is selling two parcels of freehold land within an industrial park Techpark @ Enstek Phase 2 in Negeri Sembilan for RM25.7 million cash or RM59 per sq ft.

DONE DEAL: Shop, Taman Bukit Serdang, Seri Kembangan, Selangor

Noteworthy:

  • Freehold
  • Built-up size: 4,950 sq ft
  • Land size: 1,650 sq ft
  • 6 bathrooms
  • Fully furnished
  • Nearby amenities: National Stadium Bukit Jalil, Selangor Turf Club, MRT Serdang Raya Utara, MRT Serdang Raya Selatan, MRT Serdang Jaya, Bukit Serdang Industrial Park, The Mines Shopping Mall, South City Plaza
  • Accessibility: MEX, KL-Seremban Expressway, North-South Expressway, KESAS, Bukit Jalil Highway

When: April 2024

RHB bullish on Johor as Malaysia’s next economic powerhouse

The research house pointed that government-led catalytic developments as well as an influx of foreign and domestic direct investments will help to lift the construction, data centre, energy, petrochemicals, industrial and tourism sectors, in addition to a positive spillover to the property market.