INDUSTRIAL PREMISES AT
KAWASAN PERINDUSTRIAN SUNGAI PETANI
SUNGAI PETANI, KEDAH

Asking Price: RM42.5 Million, Yield: >7%

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INDUSTRIAL premises with 2 single-storey detached factories (Factory A and B) to
be leased-back by a Fortune 200 Global Manufacturing Service Company.
  • SUBJECT property is located within Kawasan Perindustrian Sungai Petani, about 7 km due north-east of Sungai Petani town, Kedah.
  • LAND area: 25.73 acres
  • BUILT-UP area:
    Total GFA : 427,600 sf
    - Factory A : 212,100 sf
    - Factory B : 208,200 sf
    - Extension : 207,300 sf
  • LAND area for future expansion: about 4 to 5 acres
  • CEILING height of factory: 25 feet
  • BUILDINGS completion year: 1999
  • LAND tenure: Unexpired 32 years Registered Lease Interest
  • (60-year leasehold interest, commencing from 3 April 1990)

SURROUNDING: Kawasan Perindustrian Sungai Petani is the preferred industrial locality in the northern region of Peninsular Malaysia for medium and heavy industrial users. Some of the major brands within the industrial park include Kyodo Steel & Kyodo Pipe, Elite Aluminum, Hantong Metal Components, Formosa Prosonic Technics, Mineaba Electronics Motor, Anod Tech Industry, Supportive Technology and etc.

TENANT profile:

  • A Fortune 200 US-based company in global manufacturing services.
  • Listed in NYSE with more than USD18 billion revenue in 2016/2017.
  • Employing more than 100,000 employees globally.
  • Occupying more than 40 million sf of industrial premises worldwide.
PROPOSED Leaseback T&Cs:-
  • Monthly rent: RM250,000/- (excluding 6% GST)
  • Tenancy term: 3 years + 3 renewal terms of 3 years each (12 years with rental escalation every renewal term at 10%)
  • Possible net yield: 7.06% per annum for initial years and more after renewal
  • ASKING price: RM42.50 million. (excluding 6% GST)

Viewing strictly by appointment
For further information, please contact :-

Rene Loo ( REN18670)
rene.loo@cbre-wtw.com.my
012-552 7896
Han (PV2031)
wunhan.chong@cbre-wtw.com.my
012-976 4123
Marketing Agents

C H WILLIAMS TALHAR & WONG
WTW REAL ESTATE SDN BHD
30-01, 30th Floor,
Menara Multi-Purpose
8, Jalan Munshi Abdullah
50100 Kuala Lumpur
Tel No: 03 2616 8888