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Monday, May 5, 2014

(code 120) Tanjung Langsat Heavy Industrial Factory For Sale / Iskandar Malaysia heavy industrial factory for sale


Location : Tanjung Langsat Industrial Park / Iskandar Malaysia / Iskandar Johor

Type : Brand new Detached factory (to be built)

Time frame to obtain CFO: 9 Months upon signing of Sale And Purchase Agreement

Land size : 2 acres

Land use : HEAVY INDUSTRIAL USE

Land tenure : 60 years lease

Factory build up: about 60,000 sq.ft. (Proposed size)

FOR SALE : RM230 psf (based on built up) or total commitment fees of RM13,800,000/=

note : co-agency case

Purchase Consideration:

Heavy industrial land use. The land category designated use for heavy industrial is the main selling point for this property. Therefore, this property is suitable especially for those manufacturer category in heavy industrial. As we know, there area very limited area in Johor is approved for heavy industrial use in view of need to comply with the guideline of the relevant authorities.

Conclusion: Due to escalation of the land price and building material cost, in addition the supply of the similar property is always below the market demand, this is a great opportunity to include it in your investment portfolio BUT, the purchaser should study carefully the design of the factory and try to look for a good bargain, if any.




 

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