DONE DEAL: Semidee factory, Semenyih, Selangor

DONE DEAL: Terrace house, Temasya Glenmarie, Selangor

DONE DEAL: Condominium, Bukit Ceylon, Kuala Lumpur

Industrial real estate has probably been the most stable sector over the last couple of years. Based on transaction data, the average price psf for industrial properties in Semenyih have never suffered a drop, and increased steadily from RM135 psf in 2019 to RM210 psf in 2023.

According to Sia Tung (REN28306) (012-652 0577) of PropNex Realty Sdn Bhd who closed the deal, the owner was ageing and managing a property while living outstation was getting too troublesome. Meanwhile, the buyers were looking for suitable headquarters to expand their business into Malaysia.

As of February 2024, there are a total of 10 listings on EdgeProp for sale around Kawasan Perindustrian Hi-Tech 5, Semenyih, with an average asking price of RM3,031,000 or RM229.23 psf. As for rental listings, there are currently five with a monthly rental of RM10,840, or RM0.59 psf.

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