Sunway REIT turns to more stable segments

KUALA LUMPUR (Sept 5): Sunway REIT has opted to go more into “segments that can give it more consistent revenue and income rather than be overly reliant on its core assets with their cyclical nature”, The Edge Malaysia reported in its latest issue.

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DONE DEAL: Single-storey factory in Mukim 1, Seberang Perai, Penang

Rented for: RM85,000 a month Concluded by: JT Tan (REN 08365) of Khoo & Associates Realty (012-392 6682) When: April 5, 2018 Noteworthy: ● A factory with a land area of 130,680 sq ft and built-up size of 50,000 sq ft ● Nearby amenities: Sunway Carnival shopping mall, Megamall Pinang, hospital, banks and boutique hotels ● About 5km away from Penang Bridge, 25km to George Town, 25km away from Bayan Lepas Industrial Park and Penang International Airport Located in Mukim 1 of Seberang Perai Tengah (Central Seberang Perai), which is home to some of the earliest industrial developments in Seberang Perai, the factory is situated at the well-developed industrial district which has a high concentration of manufacturing activities.

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