DONE DEAL: 1½-storey factory, Saga Jaya Industrial Park, Seberang Perai

Rented for: RM9,000 a month Concluded by: Mayzel Wong (REN 17359) of Khoo & Associates Realty (017-575 8999) When: July, 2018 Noteworthy: ● A factory with a land area of 10,500 sq ft and built-up size of 6,000 sq ft ● Nearby amenities: Mydin shopping mall, Bukit Tengah railway station, eateries and Juru Auto City ● Easy access to North-South highway, 15km to Bandar Cassia in Simpang Ampat, 23km to George Town and 24km away from Penang International Airport.

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Singapore’s ARA on lookout to acquire assets in Malaysia

KUALA LUMPUR (September 12): Singapore-listed ARA Asset Management Ltd would consider acquiring retail, commercial and logistics properties in Malaysia, its chief executive officer for Malaysia Thomas Kong said, adding that these properties would have the potential to generate attractive and stable returns within a three- to five-year time frame.

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