Nusajaya Tech Park Facility 1


 



 

 

Nusajaya Tech Park Facility 1 is located in Nusajaya Tech Park, an integrated industrial development by Ascendas-Singbridge and UEM Sunrise in Iskandar Malaysia. It is sited approximately 25 kilometres due west of Johor Bahru city centre and approximately 14 kilometres from Singapore via the Malaysia-Singapore Second Link. Located within the vicinity are multinational corporations and leading local enterprises from a wide variety of industries such as aerospace, automotive electronics, integrated logistics, education centres and IT/data centres.

The property features three detached factories in which each factory comes with one guardhouse and one bin centre. Nusajaya Tech Park Facility 1 is leased to GKN Engine Systems Component Repair Sdn. Bhd. GKN is a key player in the aerospace-related manufacturing industry.

 

PURCHASE PRICE
RM42,000,000

APPRAISED VALUE
RM42,000,000

 

TYPE
Manufacturing Facilities

ACQUISITION
DATE

30 September 2019

NUMBER OF
TENANTS

1

LAND AREA
157,950 sq ft
[14,674 sq m]

NET LETTABLE
AREA

104,694 sq ft
[9,726 sq m]

OCCUPANCY RATE
100%

TITLE
Freehold

LAND TITLE
H.S.(D) 548711 No PTD 4487, H.S.(D) 548710 No PTD 4486,
H.S.(D) 548709, No PTD 4485,
all in Mukim Tanjung Kupang,
Daerah Johor Bahru, Johor

AGE OF BUILDING
5 years

ADDRESS
Nos. 1, 3 & 5, Jalan Teknologi Perintis 1,
Taman Teknologi Nusajaya,
79200 Iskandar Puteri, Johor

MAJOR TENANTS
GKN Engine Systems Component Repair Sdn. Bhd.