Indahpura Facility 2


 



 

 

Indahpura Facility 2 is a freehold industrial property comprising of a single-storey detached factory with a mezzanine office and other ancillary buildings.

The property is located along Jalan i-Park 1/8 within Kawasan Perindustrian i-Park, a gated and guarded industrial development located in Bandar Indahpura, Kulai, Johor. The development is sited about 5 kilometres from Kulai town and 35 kilometres due northwest of the Johor Bahru city centre and is strategically located within one of the main development corridors under Iskandar Malaysia.

The property is currently occupied by KES International Sdn. Bhd., a manufacturer of measuring, testing, navigating and control equipment as well as printed circuit boards.

 

PURCHASE PRICE
RM8,543,000

APPRAISED VALUE
RM9,000,000

 

TYPE
Manufacturing Facilities

ACQUISITION
DATE

12 January 2021

NUMBER OF
TENANTS

1

LAND AREA
52,388 sq ft [4,867 sq m]

NET LETTABLE
AREA

35,339 sq ft

OCCUPANCY RATE
100%

TITLE
Freehold

LAND TITLE
HSD 64289, PTD107789, Mukim of Kulai, District of Kulai, Johor.

AGE OF BUILDING
4 years

ADDRESS
74 (Plot 112), Jalan i-Park 1/8, Kawasan Perindustrian i-Park, Bandar Indahpura, 81000 Kulai, Johor.

MAJOR TENANTS
KES International Sdn. Bhd.