News about warehouse

Read also DONE DEAL: Three-storey semi-detached factory at Seri Kembangan, Selangor DONE DEAL: Double-storey terraced factory at Hicom Glenmarie Industrial Park, Shah Alam, Selangor With easy accessibility to major highways like Kemuning Shah Alam Highway (LKSA), Federal Highway, Shah Alam Expressway (KESAS), North-South Expressway Central Link (ELITE) and New Klang Valley Expressway (NKVE), Seksyen 22 in Shah Alam has attracted many business owners to set up their warehouses or manufacturing plants here.

Not every player in the real estate sector is struggling to stay afloat.

Read also DONE DEAL: Serviced residence at Seventeen Residences, Petaling Jaya, Selangor DONE DEAL: Condominium at Residensi 22, Mont’Kiara, Kuala Lumpur Bandar Metro Puchong is within easy reach of the main Puchong town centre with a full range of amenities such as hypermarkets and shopping malls, restaurants and entertainment outlets, medical centres and more.

KUALA LUMPUR (Aug 9): The Malaysia Competition Commission (MyCC) has imposed penalties totalling RM1.

KUALA LUMPUR (June 9): Tiong Nam Logistics Holdings Bhd is boosting its logistics warehousing capacity by acquiring the owner of a warehouse within Port of Tanjung Pelepas in Johor for RM30 million.

Read also DONE DEAL: Semidee house at Taman Equine, Seri Kembangan, Selangor DONE DEAL: SoHo unit, Arcoris Mont Kiara, Mont’Kiara, Kuala Lumpur According to the agent, Danny Gan from Propnex Realty who concluded the deal, he said that in view of the shortage of warehouse space in the market, particularly in Shah Alam and Klang areas, this refurbished warehouse has gained several keen offers.

Read also DONE DEAL: Condominium unit, Nadi Service Residences, Bangsar, Kuala Lumpur DONE DEAL: Office unit, The Pinnacle Sunway, Bandar Sunway, Selangor Perindustrian Puchong Utama is a matured industrial area with a mixture of traditional standalone factories and industrial parks.

KUALA LUMPUR (Sept 26): Tiong Nam Logistics Holdings Bhd is investing RM200 million in capital expenditure (capex), which will go towards the construction of three new warehouses, the expansion of its truck fleet and for the logistics business.

PETALING JAYA (April 30): The expansion of e-commerce may have spurred demand for warehouses/logistics-related properties but the overhang of industrial property sub-segment has seen overhang units rising since 2015.

KUALA LUMPUR (Jan 9): The Malaysia Competition Commission has proposed to fine seven warehouse operators for engaging in price-cartel activities.