RM529,951.20
DONE DEAL: Warehouse at Seksyen 22, Shah Alam, Selangor
(REN 12196) 0173561886
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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.
Propnex Realty real estate negotiator Danny Gan, who recently concluded a rental deal of a warehouse in Seksyen 22, told EdgeProp.my that it was a rare opportunity to be able to secure a warehouse with 38 loadings and hydraulic dock levellers. The property also came with a corporate office, as well as a large compound for parking.
Built on a 13-acre land fronting the Persiaran Jubli Perak of Seksyen 22, Gan said the property has a total of 191 car parks, 105 motorcycle bays and 30 lorry bays.
“The previous tenant was consolidating the manufacturing facility and moving out from Malaysia, while the landlord was looking for a tenant to move in with back-to-back arrangements,” Gan shared.
He deemed it a good deal to the tenant as the rental was at least 10% below the market price, which translated into a saving of RM6.5 million for a nine-year leasing period.
As at October 2021, only one factory in Seksyen 22 was listed for sale at an asking price of RM15 million or RM700 psf. There was no rental listing.
Interested to buy a unit in Seksyen 22? Or click here for more property listings in Shah Alam. Click here to know more about Danny Gan and potential good deals.
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