D37c Logistics Warehouse


 



 

 

D37c Logistics Warehouse is located within the Pelabuhan Tanjung Pelepas (PTP) Free Trade Zone, Malaysia’s most advanced container terminal. PTP is strategically located at the confluence of the main east-west shipping lanes, offering Shipping Lines minimal deviation time of 45 minutes. PTP is situated in a sheltered deep water port and is near the Malaysia-Singapore Second Crossing.

The property location is approximately 18 kilometres due south-west of Johor Baru City Centre, 41 kilometers from Senai International Airport and approximately 40 kilometres from Port of Singapore Authority that enables an efficient and convenient course for air-to-sea and sea-to-air cargo shipments.

The property is a single-storey warehouse together with a three-storey office building occupied by Schenker Logistics, a world leading global logistics provider.

 

PURCHASE PRICE
RM65,000,000

APPRAISED VALUE
RM68,000,000

 

TYPE
Logistics Warehouse

ACQUISITION
DATE

09 June 2020

NUMBER OF
TENANTS

1

LAND AREA
356,190 sq ft
[33,091 sq m]

NET LETTABLE
AREA

222,723 sq ft

OCCUPANCY RATE
100%

TITLE
Leasehold

LAND TITLE
Master titles HSD 303868 for Lot PTD No. 2423 and HSD 303949 for Lot PTD No. 2426 , both Mukim of Tanjung Kupang, Daerah Johor Bahru, Negeri Johor.

AGE OF BUILDING
6 years

ADDRESS
Plot D37c, Jalan DPB 3, Distripark B, Pelabuhan Tanjung Pelepas, 81560 Gelang Patah, Johor

MAJOR TENANTS
Schenker Logistics (Malaysia) Sdn Bhd