DW1 Logistics Warehouse


 



 

 

DW1 Logistics Warehouse is a sub-lease industrial property comprising of a double storey ramp up warehouse cum 3 storey office, covered carpark and office on the roof, together with ancillary buildings. It has the added feature of being a Green Building Index accredited building.

The property 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 deviation time of 45 minutes and situated in a sheltered bay with no tide restrictions.

The property is situated 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, enabling an efficient and convenient course for air-to-sea and sea-to-air cargo shipments.

DW1 Logistics Warehouse is currently occupied by Equalbase PTP Sdn Bhd, which provides global standard specialty commercial and industrial real estate development, management and investment solutions.

 

PURCHASE PRICE
RM390,000,000

APPRAISED VALUE
RM390,000,000

 

TYPE
Logistics Warehouse

ACQUISITION
DATE

25 April 2022

NUMBER OF
TENANTS

1

LAND AREA
74,462.16 sq m

NET LETTABLE
AREA

1,150,391 sq ft

OCCUPANCY RATE
100%

TITLE
Sublease

LAND TITLE
HSD 303868 for PTD 2423, Mukim Tanjung Kupang, Daerah Johor Bahru, State of Johor Darul Takzim.

AGE OF BUILDING
3 years

ADDRESS
Plots DW1 and DW2, Jalan Tanjung A/2, Distripark A, Pelabuhan Tanjung Pelepas, 81560 Gelang Patah, Johor.

MAJOR TENANTS
Equalbase PTP Sdn Bhd (Formerly known as PALI PTP Sdn Bhd)