The Property, bearing postal address Persiaran Kuala Selangor, Seksyen 26, 40000 Shah Alam, Selangor Darul Ehsan, comprises the following:
all that piece of freehold land held under H.S.(D) 236400, Lot P.T. 510 Pekan Hicom, District of Petaling, Selangor Darul Ehsan measuring in area approximately 30 acres or 121,457 square metres (the Land); and
a single storey factory erected on the Land in 1988 with a combined built-up area of about 180,000 square feet together with all its existing lightings, air conditioning system and fittings.
The Land is easily accessible and well connected by a network of highways such as the Shah Alam Expressway (KESAS), the Lebuhraya Damanasara Puchong (LDP), the North South Central Link (ELITE) as well as the North-South Expressway (NKVE). In addition, travelling to Federal Highway only takes a mere 10 minutes by using the new Kemuning- Shah Alam Expressway (LKSA).
Prominent landmarks in the vicinity include Perusahaan Otomobil Nasional Berhad (PROTON) Manufacturing Plant, Hicom-Yamaha Manufacturing (M) Sdn Bhd, Malaysia Oxygen Berhad, Uchida MK Sdn Bhd, Shin- Etsu Electronics (M) Berhad, Canon Opto (M) Sdn Bhd and Kobelco & Materials Copper Tube (M) Sdn Bhd. Existing industrial and business parks in the vicinity include UEP Subang Industrial Park, Shah Alam Technology Park, Elite Industrial Park and Axis Industrial Park.
Established residential developments in the vicinity include USJ, Putra Heights, Taman Sri Muda, Kemuning Utama and Kota Kemuning.
The existing industrial land use will allow the Group to employ its strategy of “quick turnaround development” as development only entails submission of layout and building plan approval.
With the success of the Group’s first industrial development, Surian Industrial Park (SIP) at Kota Damansara, which was fully sold within a year, the Group intends to develop a similar concept of semi-detached factories with practical layout plan on the Land.
