VULCAN INTERNATIONAL Real Estate Investors Club

Penang Factory and Warehouse | Factory In Perai Free Industrial Zone For Sale Rent

2019-09-07T02:44:00.001+08:00

Perai Free Industrial Zone (formerly Prai Industrial Estate), Butterworth was developed by Penang Development Corporation (PDC) and it consists of four phases. It was developed after MIEL Perai industrial area (Kawasan MIEL), Prai in the 1970's to support industrial park establishment in Butterworth, Penang. It's to complement Bayan Lepas Free Trade Zone (FTZ) at that time as lands for industrial are scarcely in Penang island. With Penang bridge completed in 1985, the demographics in Prai has been growing fast. That in terms supply of skill workers to support factories.

Perai Free Industrial Zone factories company list among others reputable Local & Multinational Industrial players are; Flextronics, Sony Mechatronic and Electronics, Jinko Solar, Mattel, Honeywell, Teleplan, Schott Glass and Southern Steel.

We've one piece of industrial land measuring approximately 1.7 acres land area that is for sale or rent at Perai Free Industrial Zone. The factory distance to NBCT (North Butterworth Container Terminal) is 6.7 km only. Haulage to NBCT is about RM500 per 40 footer container depending on transporter. This is a factory annexed warehouse on the land. Refer to factsheets below for more details.

Prai Free Industrial Zone (FIZ) | Factory annexed warehouse with ceiling height of 29/19 feet (max/min).

Factsheets for factory annexed warehouse for sale and rent as below:

Land area (approx 1.7 acres)	74,052	sq ft
Gross floor area (GFA)	35,600	sq ft

Ground floor (Office and lobby)	2,800	sq ft
1st floor (Office)	2,800	sq ft
Production floor	30,000	sq ft
Power	600	amp
Floor loading	3	ton/sq m
Production ceiling height	29/19	ft

You might want to look into the following factories and warehouses listings...

For private viewing do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | #VulcanFocus | #YouCallWeMatch

Note: If you've factory | warehouse | industrial land | agriculture land | commercial building | commercial properties | condominium | house for sale / to sell / let / rent or intent to buy / lease / rent , do call Mr Vulcan Lau +6 016 451 1321 . We will match the buyer/tenant or seller/landlord for you from our MLS [Multiple Listing Service] . Interested party do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | https://VulcanInternational.blogspot.com

Penang Factory | Bukit Minyak Industrial Park Factory Land For Sale

2017-04-29T19:45:00.001+08:00

The vibrancy of Malaysia industry economy index up-swing in cohesive with Jack Ma of Alibaba Group investment in his DFTZ (Digital Free Trade Zone) in Malaysia resulting the scarcity of industrial land has been glaring. The impact on its supply chain see a demand in Bukit Minyak Industrial Park's lands, warehouses and factories. DFTZ is project to double the growth rate of Malaysian SMEs, increase overall goods export by US$25 billion, and create 60,000 jobs by 2025.

Bukit Minyak Industrial Park was developed by Penang Development Corporation (PDC) in the late 90's comprising over an acreage of approximately 1000 acres. This Industrial Park is segmented into Industrial Plots, Single-Storey Terraced Factories and Single Storey Semi-Detached Factories for Small and Medium-Scale industries.

Bukit Minyak Industrial Park factory company list among others reputable Local & Multinational Industrial players are; Flextronics, High Ace Industry, Maxonic Marketing, Eagle & Pagoda Brand Medical Industry, Teik Senn Malaysia, Pensonic Holdings Berhad, Marcoco Furniture, Yusuf Taiyoob and Pentec.

Bukit Minyak Industrial Park, Simpang Empat, Seberang Perai area map location situated with GPS coordinates latitude 4.2 longitude 109.5 .

As in tandem with fast expansion of DFTZ (Digital Free Trade Zone) in Malaysia, we've one piece of industrial land measuring approximately 3.7 acres land area that is up for sale at Kawasan Perindustrian Bukit Minyak, Simpang Empat, Seberang Prai. There is a factory cum warehouse on the land. Refer to factsheets below for more details.

Bukit Minyak Industrial Park | Factory cum warehouse with ceiling height of 30/26 feet (max/min).

Factsheets for factory cum warehouse for sale as below:

Land area (approx 3.7 acres)	161,172	sq ft
Gross floor area (GFA)	43,189	sq ft

Ground floor	1,252	sq ft
1st floor	3,573	sq ft
Production floor	21,283	sq ft
Power	300	amp
Floor loading	1.5	ton/sq m
Production ceiling height	30/26	ft

You might want to look into the following factories and warehouses listings...

For private viewing do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | #VulcanFocus | #YouCallWeMatch

Penang Prai Factory Warehouse For Sale Rent

2017-03-07T00:20:00.001+08:00

“So, you're looking for factory warehouse to cater for your manufacturing business? What if I told you that you can obtain few factories warehouses selection by going through this article and to enable you to make a sound judgement as it normally involves few millions to purchase and substantial amount to rent?”

Prai Industrial Estate (aka PIE) in the mainland is one of the major industrial parks in Penang. It is to complement the setup of Penang Free Industrial Zone (FIZ) in the Penang Island as both of the sites were established in 1970s.

For Prai Industrial Estate, it covers a wide area bordered by the Prai River in the northwest, Jalan Baru Perai to the north, Sungai Juru to the east, and the Penang Channel to the southwest. It's about 4.8km to Bukit Minyak Industrial Park (Kawasan Perindustrian Bukit Minyak).

Nested in Kawasan Perindustrian Prai, the factory and warehouse for sale rent is made available with its owner prospered in this factory location at Prai Industrial Estate Zone (Kawasan Perusahaan Perai) and has moved to bigger factory.

Factory at Prai Industrial Estate Zone (Kawasan Perusahaan Perai) for sale rent.

Factory and warehouse with ceiling height of 27 ft.

Factsheets for factory and warehouse for sale rent as below:

Land area (approx 3 acres)	133,139	sq ft
Built area	112,050	sq ft

Ground floor	56,440	sq ft
1st floor	49,381	sq ft
2nd floor	6,229	sq ft

Floor loading	3	ton/sq m
Production ceiling height	27	ft

You might want to look into the following factories and warehouses listings...

For private viewing do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | #VulcanFocus | #YouCallWeMatch

Penang Prai | Affordable Factory Warehouse For Sale Rent With Immediate Occupancy

2017-03-04T17:39:00.001+08:00

A detached factory and warehouse with office for rent / to let and for sale with immediate occupancy at the vicinity of Auto City that has been prospered through its extension and expansion at Juru, Seberang Perai where it showcases its beautifully landscaped commercial shoplots and automotive displayed of an array of well established brands.

Distance from the factory is 14.3 km (21 mins) via North-South Highway to Butterworth port's North Butterworth Container Terminal (NBCT).

Prai Industrial Estate In Penang | Production manufacturing with sprinkles and lightings. Ceiling height is 11 ft with floor loading of 2 ton per sq m.

Perai Industry Park | Manufacturing office.

Factory for sale / rent
Location: Prai Industrial Estate Zone (Kawasan Perusahaan Perai)
Build up: 115,000 sq ft
Land area: 3 acres (130,680 sq ft)
Floor loading: 2 ton per sq m
Production ceiling height: 11 ft
Asking: RM98,000 (RM0.85 PSF)
Remark: Rental of 85 sen per sq ft is affordable and reasonably cheap when you look at Prai industrial estate company list that provide rental of factory floor space of similar manufacturing facilities.

You might want to look into the following factories and warehouses listings...

For private viewing do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | #VulcanFocus | #YouCallWeMatch

Note: If you've factory | warehouse | industrial land | agriculture land | commercial building | commercial properties | condominium | house for sale / to sell / let / rent or intent to buy / lease / rent , do call Mr Vulcan Lau +6 016 451 1321 . We will match the buyer/tenant or seller/landlord for you from our MLS [Multiple Listing Service] . Interested party do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | https://VulcanInternational.blogspot.com

Why Penang Bukit Minyak Factory Warehouse For Sale Rent In Demand ?

2017-02-24T23:20:00.001+08:00

Bukit Minyak is an industrial land park area zone in Central Seberang Perai District, Penang, Malaysia [click the links for map]. In its native Malay language it is called "Kawasan Perindustrian Bukit Minyak, Pulau Pinang" Its setup is to complement Bayan Lepas Free Industrial Zone (FIZ) and serve as an extension arm for Penang state in terms of opportunity on FDI (foreign direct investment) and jobs. Known as the Silicon Valley of the East for its industries, Penang is also one of the most urbanised and economically important states in the country. Penang has started its industrialise transformation since 1970s.

With huge demand for factory list and warehouses, the below detached 2-storey office annexed factory/warehouse is available for rent and for sale with immediate occupancy.

(1) Land area is 2 acres.

(2) Build up of the factory/warehouse/production is 47,516 sq ft.

(3) Build up of the office (two storey) is 9,170 sq ft.

(4) Floor loading is 2 ton sq m, 1,200 Amp power supply, sprinkle system installed.

(5) Factory/warehouse ceiling height is at 30 ft (max).

(6) Office ceiling height is at 10 ft.

(7) Ample car park.

Penang Bukit Minyak New Factory Warehouse For Sale Rent | Warehouse and factory ceiling height is 30 feet.

Seberang Prai | Bukit Minyak New Factory Warehouse For Sale Rent | Office and lobby view with ceiling height of 10 feet.

Logistics and Transportation:
Easy accessibility & connectivity to Batu Kawan, Bukit Tengah, Butterworth sea port, dual highway inlet/exits(Juru/Tambun), 12km to Penang Bridge & 2nd Penang Bridge.

Surrounding Property Mix & Amenities:
Bukit Minyak Industrial Park was developed by Penang Development Corporation (PDC) in the late 90's comprising over an acreage of approximately 1000 acres. This Industrial Park is segmented into Industrial Plots, Single-Storey Terraced Factories and Single Storey Semi-Detached Factories for Small and Medium-Scale industries.

Among reputable Local & Multinational Industrial players to name a few are; Flextronics, High Ace Industry, Maxonic Marketing, Eagle & Pagoda Brand Medical Industry and Teik Senn Malaysia.

Opposite this Industrial Park, across the Butterworth - Ipoh trunk road is the Small and Medium-Scale Industrial(SMEs) Region which was developed by Penang Regional Development Authority or commonly known as IKS Bukit Minyak Perda.

For private viewing do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | #VulcanFocus | #YouCallWeMatch

Note: If you've factory | warehouse | industrial land | agriculture land | commercial building | commercial properties | condominium | house for sale / to sell / let / rent or intent to buy / lease / rent , do call Mr Vulcan Lau +6 016 451 1321 . We will match the buyer/tenant or seller/landlord for you from our MLS [Multiple Listing Service] . Interested party do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | https://VulcanInternational.blogspot.com

Bayan Lepas Factory With Warehouse For Rent With Immediate Occupancy

2017-02-13T22:39:00.001+08:00

With Penang FIZ Bayan Lepas phase 2 been transformed to take over by B Braun on the property over 20 acres of formerly Fairchild Semiconductor (Malaysia) Sdn Bhd site, the landscape has been a changing game with B Braun occupied more than 60% of Penang FIZ Phase 2 industrial parks. The Phase 2 is 3.6 km distance to Bayan Lepas airport.

Fairchild Semiconductor was one of the eight industrial company list that set up operations in Penang in 1970s, together with Advanced Micro Devices (AMD), Hewlett Packard (now called Agilent Technologies), Clarion, Intel, Hitachi (now called Renesas), Litronix (now called Osram Opto Semiconductor) and Robert Bosch. These multinational factories have been strategically positioned themselves in Phase One, Phase Two and Phase Three of Free Trade Zone (FTZ). Then naming of FTZ has since been renamed as Free Industrial Zone (FIZ), Bayan Lepas. Bayan Lepas Free Industrial Zone consists of four phases and technoplexes.

Bayan Lepas is now home to the Penang International Airport and a major industrial centre in Penang. Over one hundred of multinational electronic and engineering firms have set up factories and assembly, testing, fabrication plants within the Bayan Lepas Free Industrial Zone factory directory list, including Robert Bosch, Motorola, Dell, Intel, Inari, Keysight Technologies (M) Sdn Bhd, Plexus Manufacturing, St Jude Medical and Hewlett-Packard.

With expansion and strategic positioning, the below factory for rent is made available in Free Industrial Zone Phase 2, Bayan Lepas, Penang, Malaysia.

Bayan Lepas Free Industrial Zone Factory to let | Floor loading 1.5 tonne/ sq m, ESD flooring

Bayan Lepas Free Trade Zone Factory for rent | Office view

For Rent Detached Factory with warehouse @ Free Industrial Zone Phase 2, Bayan Lepas, Penang

Details are as follow:-

1. Within FIZ, Penang Island and strategic location near Penang International Airport (3.6 km)

2. Gross built up area of 80,000 sq ft (7,431 sq m)

3. Encompass 2 acres of land

4. The power supply with substation (2000 Amp per phase, 1200 kWh)

5. SMT readied factory equipped with advanced smoke detector features

6. Immediate occupancy with operating conditions

7. ESD flooring

8. Floor loading 1.5 tonne/ sq m

For private viewing do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | #VulcanFocus | #YouCallWeMatch

Note: If you've factory/warehouse/land/commercial building/condominium/house to sell/let or intent to buy/rent one, do call Mr Vulcan Lau +6 016 451 1321 . We will match the buyer/tenant or seller/landlord for you from our MLS [Multiple Listing Service] . Interested party do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | https://VulcanInternational.blogspot.com

Batu Kawan | Factory Warehouse For Sale By Fact Sheets In Penang Science Park

2017-02-11T01:07:00.001+08:00

The development of Batu Kawan location has come under intense scrutiny after Penang State Government chose Batu Kawan as the mainland site for a major industrial area and the third satellite town of George Town, Penang after Bayan Lepas and Seberang Jaya. List of companies in Batu Kawan Industrial Park are VAT Manufacturing Malaysia, Flex (previously Bose), SanDisk Storage Sdn Bhd, Boon Siew Honda Sdn Bhd, Boston Scientific (updated news: Establish Regional Manufacturing Hub in Malaysia), Haemonetics Malaysia Sdn Bhd.

Batu Kawan Industrial Park and Penang Science Park [the first halal industrial park in Penang] location has been earmarked for factories development by Penang State Government as catalyst in transformation to cater for jobs to the people of Penang. In between these two well known industry parks lie a full fledged of mix development including university, Penang Designer Village, Aspen Vision City which includes IKEA Home Furnishing by AspenGroup (AG) jointly developed with Ikano Retail Asia, Ecoworld Development Group Bhd to develop two complementary townships, known as Eco Horizon and Eco Sun jointly developed with Employees Provident Fund Board (EPF) on 375 acres of prime land in Batu Kawan, Penang Malaysia.

Penang Science Park company list as of now have Paramit Malaysia Sdn Bhd (new factory), Ibiden Electronics Malaysia, TS Solartech, Sam Aviatron, Bossard (M) Sdn Bhd, Kaltech Sdn Bhd, EQX Materials Sdn Bhd.

Currently within Penang Science Park, Bukit Minyak is made available for sale a well designed 2-year-old new detached factory as the owner relocated its operation to backfill his factory in China.

Penang Science Park | Factory Warehouse for sale bird view.

Factory production office view.

- Location: Penang Science Park, Bukit Minyak

- Penang Science Park is fiber optics network services ready infrastructure

- The distance from NBCT port Butterworth, Penang is 21km or 20 mins travel

- Ready to move in with complete lighting, air conditioning, water sprinkle system, industrial lifts

- 53,265 sq ft total build up area

- 1.5 acres land area

- min 33 ft high ceiling factory / warehouse

- 3.5 Tonnes production floor loading

- 345 kWh with incoming power supply capacity at 600 Amps

- 2 loading bays with Dock leveler

For private viewing do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | #VulcanFocus | #YouCallWeMatch

How By The Sea Condo Penang Make Profit For You ?

2016-09-12T18:39:00.001+08:00

By The Sea Condominium, Penang with address at Batu Ferringhi is the maiden development by SDB (Selangor Dredging Berhad) in Penang, MALAYSIA. SDB is a established developer earmarked from Selangor since 1985 when they first completed their prestige corporate building.

The benefit of this luxury project is that it sit along chain of resort hotels of the like Hard Rock Hotel Penang, Golden Sands Resort Penang, Parkroyal Penang Resort, Rasa Sayang Resort and Spa, tourist shopping spree where you can get your needs, souvenir and essential done within minutes of walking distance and best of all, the food where Penang is famous for.

In Penang SDB has completed "By The Sea" luxury condo project which comprises of 138 units beachfront situated at Penang's famous tourist belt locality of Batu Ferringhi precinct. Build up for the units ranging from 1,037 sq ft to 3,012 sq ft and is freehold in tenure. The project comprises of three blocks with 5 to 11 storey high and low density in terms of unit per floor.

As its name implied, it's located next to the Andaman sea where you can have your surfing at sunny seaside strip which is a stone's throw away where Penang is famous of its beaches. It's a popular condo for homestay where every unit is been equipped with kitchenette and most of them are fully furnish. The vibrant of homestay movement best describe it. Obviously you can buy a unit and stay in By The Sea Condominium if you wish. Rental per day could fetch RM500:

www.Booking.com

By The Sea Condo | Infinity Swimming Pool

By The Sea Condo | Children Playground | Behind It Is The Beachfront

Facilities Including Gym

By The Sea Condo | Batu Ferringhi Condo For Sale

We've a unit of By The Sea for sale with details as below for sale:

Type: Luxury Condominium

Tenure: Freehold

Location: Batu Ferringhi, Penang MALAYSIA

Project: By The Sea Batu Ferringhi Luxury Holiday Suite

Bedroom: 2

Bathroom: 2

Build Up: 1,097 sq ft

Status: Renovated and Fully Furnished

Condition of Sale: Lock Stock and Barrel

Asking Price: MYR 1,700,000

We've units By The Sea Penang for rent (to let) as well. We'll be at MASPEX 2016 (Penang Edition) @ Queensbay Mall from 22 Sep 2016 to 25 Sep 2016.

For private viewing do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | #VulcanFocus | #YouCallWeMatch

MASPEX 2016 | Malaysian Secondary Property Exhibition | The Fourth Edition

2016-09-07T22:53:00.001+08:00

The MASPEX since its inception has been annually event for secondary properties exhibition. Due to good response on the turnout crowd at Queensbay Mall, Penang MALAYSIA for last year MASPEX2015 | Penang Edition , this year for its fourth instalment will again be held at Queensbay Mall.

After Penang Star Property Fair 2016 which is mainly targets on primary market with new launches, MASPEX2016 (Penang edition) event will be held at Queensbay Mall from 22 Sep 2016 to 25 Sep 2016. Previous two MASPEXes namely #MASPEX2013 and #MASPEX2014 were at Penang Times Square.

This is the 4th edition for Malaysian Secondary Property Exhibition (MASPEX). It's expect to showcase more than 5,000 properties covering Penang Island and its mainland secondary (sub-sale) market properties in 20 booths. There will be property talks' sessions to cater for buyers to educate and enhance their knowledge.

It will covers various type of property such as houses, condominiums, apartments, SOHO, offices, factories, warehouses during this four-day event.

Link to MASPEX 2015 [Part 1]: Malaysia | Penang MASPEX 2015 Reboot In Queensbay Mall | Sub-sale properties

Link to MASPEX 2015 [Part 2]: Penang Property News And Talk | Maspex 2015 | Queensbay Mall | List Of Speakers Time Table And Agenda With Pictography

Link to MASPEX 2014: Malaysia | MASPEX Penang 2014 | The Pictography

Link to MASPEX 2013: MASPEX Malaysia 2013 | Penang Property | MIEA | Facts and figures about Malaysian Secondary Property Exhibition

Boldly go. LLAP

This report is been compiled by VULCAN INTERNATIONAL Real Estate Research Institute https://VulcanResearch.blogspot.com for VULCAN INTERNATIONAL Real Estate Investors Club https://VulcanInternational.blogspot.com .

#VulcanInternational could be contacted at +6 016 451 1321 .

You're welcome to write your constructive comment below.

Improving Your Lifestyle At Sunrise Gurney Penang

2016-08-31T22:46:00.001+08:00

Sunrise @ Gurney Penang is located along Persiaran Gurney (Gurney Drive) and is 29-storey single block building. This property is under freehold commercial suites and it's operates as SOHO (Small Office Home Office). Its strategic location fronting waterfront promenade makes it ideal to live and work in luxury at the comfort and convenience with shopping complex a short distance to Gurney Paragon and Gurney Plaza. Another feature that is becoming status quo for offices is fibre optics readiness. It also has 4-storey commercial outlets below which later will house premier retail shops and restaurants.

The design of Sunrise Gurney Drive Penang is for working people that embrace contemporary lifestyle. The build up of SOHO range from 794 sq ft to 980 sq ft. Ceiling height of each units is about 20 feet. Per floor is seven units of SOHO.

Facilities at Sunrise Gurney includes infinity swimming pool, meeting and conference room.

Sunrise Gurney Penang | Seaview

Sunrise Gurney Penang | Hillview And Seaview

We've few SOHO units for sale and rent (to let).

For private viewing and Sunrise Gurney Price, do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | #VulcanFocus | #YouCallWeMatch

Note: If you've factory/warehouse/land/commercial building/condominium/house to sell/let or intent to buy/rent one, do call Mr Vulcan Lau +6 016 451 1321 . We will match the buyer/tenant or seller/landlord for you from our MLS. Interested party do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | https://VulcanInternational.blogspot.com

Penang | Mayfair Super Condo For Sale

2016-07-04T19:53:00.001+08:00

Mayfair Super Condominium is situated at Jalan Sultan Ahmad Shah as-known-as Penang's Millionaire Row on 1.6 acres of freehold land with low density of living having each floor comprises of two units with build up of approx. 5,000 sq ft is one of the few condos that was in demand by MM2H (Malaysia My Second Home) investment and locals. It's situated nearby George Town UNESCO World Heritage Sites enclave. Total units in the Mayfair Condo are 49 units on the 29 storey single tower block. It's a LIFESTYLE LIVING.

Definition of LIFESTYLE LIVING by BusinessDictionary:

A way of living of individuals, families (households), and societies, which they manifest in coping with their physical, psychological, social, and economic environments on a day-to-day basis.

Lifestyle is expressed in both work and leisure behavior patterns and (on an individual basis) in activities, attitudes, interests, opinions, values, and allocation of income. It also reflects people's self image or self concept; the way they see themselves and believe they are seen by the others. Lifestyle is a composite of motivations, needs, and wants and is influenced by factors such as culture, family, reference groups, and social class.

Source | www.BusinessDictionary.com

Mayfair Super Condominium

Equipped with full-fledged condo facilities such as 24-hours security, swimming pool, children playground, gymnasium, tennis court, basketball court, table tennis, squash court, sauna room, private lift, covered car park.

The Mayfair | Swimming Pool

The Mayfair Super Condo | Children Playground

The Mayfair | Gymnasium

Penang Mayfair | Tennis Court

May fair | Basketball Court

Table Tennis

Squash court

Currently available for sale is a unit which commands 270 degree breathtaking view [of sea view and town view]. It has 5 rooms and 6 bathrooms with build up of approx. 5,000 sq ft. The unit comes with three covered car parks.

The Mayfair | Super Condo For Sale

Additional reference: Commercial Bungalow That Meet Your Business Needs in Jalan Sultan Ahmad Shah aka Millionaire's Row.

For private viewing, do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | #VulcanFocus | #YouCallWeMatch

Note: If you've factory/warehouse/land/commercial building/condominium/house to sell/let or intent to buy/rent one, do call Mr Vulcan Lau +6 016 451 1321 . We will match the buyer/tenant or seller/landlord for you from our MLS. Interested party do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | http://vulcaninternational.blogspot.com

Why Macau Casino Tycoon Buys Singapore Bungalow Become So Tempting ?

2016-07-01T13:51:00.001+08:00

Macau casino tycoon buys Singapore bungalow for RM600mil

Ready for development: An aerial view of the freehold property at No.9, Cuscaden Road in the Orchard Road area.

SINGAPORE: Shun Tak Holdings, a company founded by gambling billionaire Stanley Ho, has made its first foray into the Singapore property market.

It is paying a total of US$145mil (RM600mil) for the property at No. 9, Cuscaden Road, a bungalow put up for sale by the descendants of famous philanthropist Tan Tock Seng.

The sum, one of the highest ever paid for a landed house, works out to about US$2,145 (RM8,825) per square foot per plot ratio for a hotel redevelopment, including development charges.

The 25,741sq ft freehold site is zoned for hotel use with allowable gross plot ratio of 4.2 but could alternatively be used for residential development as well, subject to approval.

Shun Tak said it is at a preliminary stage of planning and will announce further details later.

However, given the company’s expertise in hospitality, a hotel would be a perfect fit for the company, experts said.

Shun Tak is firmly rooted in Macau’s tourism business, with operations including hotels, entertainment attractions, travel consultancies, conventions and exhibitions and transportation.

Pansy Ho, managing director of Shun Tak and Stanley’s daughter, said the firm would capitalise on its strength in hospitality and real estate development and “apply our experience in serving the demands arising from the burgeoning China and Asian markets”.

Ho is also co-chairman and executive director of MGM China Holdings and is said to be Hong Kong’s richest woman.

The Cuscaden Road site was put on sale last month with an asking price of US$160-170mil (RM660-700mil). It was the family home of late businessman Tan Hoon Siang, who headed several rubber companies in Malaysia and was a great-grandson of Tan Tock Seng.

The land parcel was bought by the family in the 1950s.

The house on the site is named Villa Marie, presumably in tribute to Tan’s second wife Marie Windsor who died in 2007. — The Straits Times / Asia News Network

Source | The Star

Note: This piece of property is in CBD area and next to Tanglin Shopping Centre, St Regis Singapore.

Boldly go. LLAP

VulcanInternational could be contacted at +6 016 451 1321 | #VulcanInternational | #VulcanFocus | #YouCallWeMatch

More details: https://vulcaninternational.blogspot.com .

You're welcome to write your constructive comment below.

Penang | Teluk Kumbar | Platinum III By TPPT For Sale / Rent

2016-06-30T21:30:00.001+08:00

Teluk Kumbar township has been enjoying rapid transformation in development with recently completed Bayan Lepas Expressway (BLE Flyover) that connects Second Penang Bridge | Sultan Abdul Halim Mu'adzam Shah Bridge and currently widening of an existing road from Jalan Permatang Damar Laut to Kampung Seronok from two to four lanes, as well as currently work-in-progress of building an elevated highway from Pekan Bayan Lepas to Teluk Kumbar using four-lane. The project is to upgrade the Federal road from Teluk Kumbar to the Penang International Airport and to be completed by August 2017.

Platinum III @ Teluk Kumbar, Penang.

With the infrastructure in place there are mushroom of condominiums coming up. Recent completion of Platinum 3 @ Teluk Kumbar by TPPT nearby Pavilion Resort @ Teluk Kumbar with units for sale and rent. It has three tower as the Platinum III name implied with 6 units per floor serving by 3 lifts.

We've unit with build up of 1,230 sq ft to rent and for sale.

Platinum III's swimming pool and workout gym equipments (background).

For private viewing, do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | #VulcanFocus | #YouCallWeMatch

Note: If you've factory/warehouse/land/commercial building/condominium/house to sell/let or intent to buy/rent one, do call Mr Vulcan Lau +6 016 451 1321 . We will match the buyer/tenant or seller/landlord for you from our MLS. Interested party do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | http://vulcaninternational.blogspot.com

3 Benefits When You Are In Secure Site | HTTPS | Now You Are In Secured Website

2016-05-07T10:10:00.001+08:00

If you going to read one article about secured website, read this one.

You are in secured website. At VULCAN INTERNATIONAL Real Estate Investors Club, we value your security as you're our valued reader and customer. The level of security is similar to the banking transactions encryption that you used to.

https denotes hyper text transfer protocol secure

With the secured website you will notice that there's a lock image on URL locator after a website is fully loaded. In the event if you encounter any unsupported images in https (denotes as hyper text transfer protocol secure) , please email: Vulcan.Lau@gmail.com. We'll get it rectify.

You can access this website as usual by typing:

http://vulcaninternational.blogspot.com and it will redirect to https:// (secured website), there is a lock image at URL locator. Existing links and bookmarks to this blog will continue to work.

Benefits of https:There are three main benefits to using HTTPS over HTTP to access your blog:

It helps check that your visitors open the correct website and aren’t being redirected to a malicious site.
It helps detect if an attacker tries to change any data sent from Blogger to the visitor.
It adds security measures that make it harder for other people to listen to your visitors’ conversations, track their activities, or steal their information.

When you enable HTTPS, visitors can access the encrypted version of your blog by typing https://<your-blog>.blogspot.com.

What is HTTPS and how does it work?

HTTPS (Hypertext Transfer Protocol Secure) is an internet communication protocol that protects the integrity and confidentiality of your users' data between the user's computer and the site. For example, when a user enters data into a form on your site in order to subscribe to updates or purchase a product, HTTPS protects that user's personal information between the user and the site. Users expect a secure online experience when providing data via a website. We encourage you to adopt HTTPS in order to protect your users' connection to your website.

Data sent using HTTPS is secured via Transport Layer Security protocol (TLS), which provides three key layers of protection:

Encryption—encrypting the exchanged data to keep it secure from eavesdroppers. That means that while the user is browsing a website, nobody can "listen" to their conversations, track their activities across multiple pages, or steal their information.
Data integrity—data cannot be modified or corrupted during transfer, intentionally or otherwise, without being detected.
Authentication—proves that your users communicate with the intended website. It protects against man-in-the-middle attacks and builds user trust, which translates into other business benefits.

Source | Google

Boldly go. LLAP

VulcanInternational could be contacted at +6 016 451 1321 | #VulcanInternational | #VulcanFocus | #YouCallWeMatch

More details: http://vulcaninternational.blogspot.com .

You're welcome to write your constructive comment below.

Arena Curve Shoplot | Commercial Property For Rent / Sale

2016-04-30T23:26:00.001+08:00

With rapid development on the last few plots of land at Bandar Bayan Baru, Penang and integration with Penang Transport Master Plan (PTMP) nearby, the demand for commercial shop lots have been growing in tandem.

One of the latest development by developer Golden Virtue Capital Sdn Bhd has been completed with it showcased Arena Residences Penang which comprises of 19-storey condominium block of 114 units of freehold tenure and Arena Curve Commercial shoplots with the retail podium of 87 units which comprises of two-storey and three-storey shop lots.

Subterranean Penang International Conference and Exhibition Centre (SPICE) and its aquatic centre

The Arena is situated at Jalan Mahsuri, Bayan Lepas and is a stone's throw away to Subterranean Penang International Conference and Exhibition Centre (SPICE), Olive Tree Hotel and Olive Tree Residences, nearby Penang Free Industrial Zone (FIZ), Penang International Airport and township of Sungai Ara.

We've 3-storey Arena Curve Commercial Shoplot with build up of 1,100 sq ft per floor to rent or for sale. The unit is opposite Olive Tree Residences.

For private viewing, do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | #VulcanFocus | #YouCallWeMatch

Note: If you've factory/warehouse/land/commercial building/condominium/house to sell/let or intent to buy/rent one, do call Mr Vulcan Lau +6 016 451 1321 . We will match the buyer/tenant or seller/landlord for you from our MLS. Interested party do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | http://vulcaninternational.blogspot.com

Case Study | Suria KLCC | Court Strikes Out BritishIndia Suit

2016-03-18T23:37:00.001+08:00

Clothing company loses bid to challenge eviction from Suria KLCC

The Star Malaysia

March 18, 2016

Suria KLCC

KUALA LUMPUR: Home-grown fashion brand BritishIndia may be required to pay nearly RM7mil in rent, after failing in its bid to challenge its eviction from Suria KLCC [Suria Kuala Lumpur City Centre].

The High Court dismissed a suit by the boutique's owner BTC Clothier Sdn Bhd to continue operating in the prime location, finding that the termination of its tenancy was legal.

High Court judge Justice Nor Bee Ariffin ruled in favour of defendant Suria KLCC Sdn Bhd, saying the clothing company had breached its terms of tenancy by not vacating the premises after the mall chose not to renew its tenancy past July 2014.

The judge also allowed Suria KLCC's counter claim – to be paid double-rental for the 20 months BritishIndia continued to operate.

According to court papers sighted by The Star, the rent for BritishIndia’s store at Lots 111A & 111B on the first floor was RM151,679 a month as of 2014.

Suria KLCC’s lead counsel Tan Sri Cecil Abraham told the court that by his calculations, his client was owed around RM6.7mil in back-rental.

The court also ordered payment of 5% interest per annum on the amount, plus RM100,000 in costs.

BTC Clothier's lawyer Khong Jo Ee was denied her verbal application for a stay of execution pending an appeal of the decision, and was instructed to submit a written application instead.

The tenancy battle began in May 28, 2014, when the mall management informed that it did not intend to renew BritishIndia's tenancy, and subsequently sent a letter of termination dated July 4.

BTC Clothier fired back with a suit on July 7, seeking a declaration that a tenancy subsists between the company and KLCC, and that KLCC had unlawfully terminated the tenancy agreement.

It also claimed Suria KLCC ordered that BritishIndia unconditionally accept the terms of offer to relocate to the second floor or have its premises boarded up.

The clothing company was one of the original tenants, renting the premises for 16 years.

In its counter claim, Suria KLCC stated that their tenancy agreement, which expired on June 30 2014, gave BritishIndia no option to renew.

It contended that since the tenancy had expired, there was nothing unlawful about boarding up the space and it was BritishIndia that had failed to yield vacant possession of the premises.

Suria KLCC claimed it had no desire to keep BritishIndia as a tenant, and that the offer to relocate was merely to give it an opportunity to continue doing business.

Source | The Star

Boldly go. LLAP

VulcanInternational could be contacted at +6 016 451 1321 | #VulcanInternational | #VulcanFocus | #YouCallWeMatch

More details: http://vulcaninternational.blogspot.com .

You're welcome to write your constructive comment below.

How Fast Can Penang Factory And Warehouse Space For Sale And Rent Go?

2016-03-05T13:40:00.001+08:00

Factory cum warehouse sale and rental space in Phase 3, Bayan Lepas is make possible under Industrial Rental Properties and Vacant Factories For Sale and Rent categories. The availability of factory space for rental in this demanded market for medium size factory will be available beginning of April, 2016 [the current machinery of previous tenant schedule to move out].

It's suitable for sub-assembly and manufacturing like injection moulding machine which need high commanding ceiling. Rework processes that required mid-size floor space could also been implemented.

If you're looking for expansion or relocation of your production capabilities, this factory cum warehouse with its facilities will enable you to start your production. Is a must to view if you're looking for ready factory to start production.

The configuration of the factory as follows:

Location: Bayan Lepas Free Industrial Zone (Phase 3 FIZ)

Distance: Approx. 4 km from 2nd Penang Bridge (Jambatan Sultan Abdul Halim Muadzam Shah)

Build Up: 11,000 sq ft

Land Area: 19,350 sq ft

Surrounding amenities: It situated near by Jabil Circuits, Intel, Plexus Manufacturing Sdn Bhd, ASE Electronics and Inari Technology Sdn Bhd (under Inari Amertron Berhad).

The space for rent in Penang can also be used as warehouse.

For private viewing, do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | #VulcanFocus | #YouCallWeMatch

Note: If you've factory/warehouse/land/commercial building/condominium/house to sell/let or intent to buy/rent one, do call Mr Vulcan Lau +6 016 451 1321 . We will match the buyer/tenant or seller/landlord for you from our MLS. Interested party do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | http://vulcaninternational.blogspot.com

Why Penang Factory Space For Rent In Prai Industrial Estate Is Attractive?

2016-03-02T08:24:00.001+08:00

The availability of factory space for rental in Perai Industrial Area (Kawasan Perindustrian Perai) suitable for sub-assembly and electronics component assembly as it's ready with overhead facilities such as power supply points and air point for torque drivers in this readily manufacturing plant.

If you're looking for expansion of your production capabilities, this factory with its facilities will enable you to expedite your production recovery. Is a must to view if you're looking for ready factory to start production.

Factory lobby

With the existing facilities, tenant will have better cost saving when moving to this facility. The configuration of the factory as follows:

Location: Prai Industrial Zone (Kawasan Perindustrian Perai)

Distance: Approx. 7 km from 1st Penang Bridge.

Build Up: 70,000 sq ft

Land Area: 100,000 sq ft

Loading / unloading capabilities with 3 dock levelers to cater for 1 toner to 40 footer container.

Facilities available: Overhead power supply points, overhead air hoses and fittings, ESD flooring, sprinkle system, covered car park and ample parking bay.

Surrounding amenities: It situated near by Auto City, Juru. Vicinity industries are IKS (Industri Kecil Dan Sederhana) Juru, IKS Bukit Tengah, Taman Perindustrian Bukit Minyak.

The space for rent can also be used as warehouse.

For private viewing, do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | #VulcanFocus | #YouCallWeMatch

Note: If you've factory/warehouse/land/commercial building/condominium/house to sell/let or intent to buy/rent one, do call Mr Vulcan Lau +6 016 451 1321 . We will match the buyer/tenant or seller/landlord for you from our MLS. Interested party do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | http://vulcaninternational.blogspot.com

Padang Serai | Kulim | Kedah | Land For Sale

2016-02-29T19:11:00.001+08:00

Padang Serai is in the southern part of Kedah is in Kulim district, Kedah, Malaysia. The town is located between Kuala Ketil and Lunas.

Padang Serai is surrounded by oil palm and rubber plantations and the nearby Kulim High-tech Industrial Zone (KHTP) which is 10km away has 56 percent Malay, 23 percent Indians and 12 percent Chinese voters.

Mix development in progress in the vicinity of Kulim International Airport (KXP), Kedah. The yet to build Kulim International Airport (KXP) is about 1km away from Padang Serai with estimated cost of RM1.6bil. The costs included land acquisition, the building of basic infrastructure of the airport and two runways.

There are few villages such as Kg Teluk Binu, Kg Sidam Kanan, Kg Sentosa, Permatang Durian and some estates like Ladang Bukit Selarong, Ladang Nagalilit. Labu Besar is 20km away.

Padang Serai is famous with its "Pekan Sehari Ahad" or Sunday's Market. Padang Serai is a fast expanding town with the mushrooming of many new housing estates.

Source | Wikipedia

With the new housing estates been mushroomed, the demand of flat land in the district of Padang Serai is getting sought after by developers and investors with reasonable price.

A piece of land currently consists of oil palm and rubber estate is up for sale. The subjected land is about 30 hectares with access from main road of Padang Serai and rectangular in shape.

For private viewing, do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | #VulcanFocus | #YouCallWeMatch

Note: If you've factory/warehouse/land/commercial building/condominium/house to sell/let or intent to buy/rent one, do call Mr Vulcan Lau +6 016 451 1321 . We will match the buyer/tenant or seller/landlord for you from our MLS. Interested party do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | http://vulcaninternational.blogspot.com

Penang And Kulim | Kedah | It's Buzzing Up North

2016-01-31T21:13:00.001+08:00

We're going to conclude the month of January 2016 and the article below does shed some light regarding 'strategic hiring' which literally means hiring by demand on certain expertise fields or placement. Read on for your own benefits of how the employment opportunities in northern region of Malaysia for 2016.

Getting bigger: An indication of PENANG's EMPLOYMENT OPPORTUNITIES is the expansion plans of OSRAM Opto Semiconductors, which has signed a deal to expand its plant, shown here in a file photo.

While large-scale hiring is not happening, 'strategic hiring' is offering job opportunities.

IT's good news for job seekers in the engineering field, especially in Penang.

Recruitment firm Rober Walters Malaysia recently indentified the state as a hub for semiconductor and electrical and electronics (E&E) manufacturing with more foreign direct investment (FDI) focusing on the north of the country this year.

"In Penang and Kulim (Kedah), there's a lot of buzz. We're confident of growth," said Sally Raj, managing director of Robert Walters, when announcing that the company will open its second office in Penang this year.

"Riding on Penang's anticipated ICT and E&E growth, our focus will be on engineering, manufacturing, procurement and supply chain sectors," she adds.

Advising job seekers to keep options open and move to where the growth is, she says: "Don't get stuck in the 'I only want to work in the Klang Valley' mindset."

Malaysian American Electronics Industry chairman Datuk Wong Siew Hai points out that Penang has always been a semiconductor and E&E hub. It has grown and diversified with some expansion slated for this year. Large scale hiring, however, is not expected; rather, the key phrase is "strategic hiring", he says.

"Yes, there are pockets of hiring, especially in design development, to fill critical positions and work on new projects in areas like automation and cloud computing."

This still doesn't mean it's easy to get a job in Malaysia - you have to be the "right talent and a right fit", he stresses.

Malaysian Employers Federation executive director Datuk Shamsuddin Bardan says Johor, Malacca, Penang, Sarawak and Selangor accounted for 88.5% of total approved investments in the country last year.

The approved manufacturing projects translated to over 50,000 job opportunities with 33.9% in experienced, highly skilled jobs, including in the areas of E&E, mechanical and chemical engineers, and skilled craftsmen, he says.

Zooming in on Penang, he says a well-developed local supply chain, established infrastructure, and a supportive ecosystem have contributed to the state's reputation as a global hub for E&E.

"Employment opportunities will grow with foreign investment. While there have been retrenchments in some E&E companies, there is no massive retrenchment exercise in Penang despite some mergers and acquisitions activity."

Penang Freight Forwarders Association (PFFA) vicechairman P. Kalimuthu welcomes the Robert Walters forecast as about 70% of its business is semiconductor and E&E related. Based on last year's 3% contraction of cargo handled at Penang International Airport, PFFA had predicted growth in the industry would be flat this year.

"If the semiconductor and E&E industry is expected to be robust, of course we'll be very happy because it forms a large chunk of our industry. Hopefully, instead of another contraction, we'll see an expansion."

PFFA president Krishnan Chelliah, however, predicts minimal growth - if any at all. It's still a challenge for industry players, he says. The shrinking ringgit benefits exporters but the global slowdown, especially in China, will impact growth, he feels.

InvestPenang director Datuk Lee Kah Choon says the E&E sector is cyclical like most businesses. And it's very much tied to the general global economic growth. With a subdued general global forecast, the E&E sector will most likely maintain its current growth momentum. The depreciating ringgit is also a positive factor - at least in the short term if manufacturers are exporting in US dollars.

"Investment in Penang has been consistent over the years. It's a favourite destination for investors looking for a strong E&E supply chain and a talented and trained work force."

He, however, feels we must do more to upgrade our education system. "We must produce an industry-ready and industry-needed workforce," he stresses.

On Thursday, Osram Opto Semicondustors inked a deal with Penang Development Corporation (PDC) to expand its factory in the state. The Penang Government has approved the construction and lease of a RM15.5mil building.

During the event, Penang Chief Minister Lim Guan Eng shared how Penang recorded RM8.2bil in investments in 2014, a 110% increase compared to RM3.9bil in 2013. Between 2008 and 2014, the state recorded investments of RM48.2bil, a 93% increase compared to the period between 2001 and 2007.

Describing the Osram deal as a strategic investment for the state, Lim says the company's expansion will focus on high-skilled business and technology roles which will create high value employment for Penang talent.

Source | The Star Malaysia

Boldly go. LLAP

VulcanInternational could be contacted at +6 016 451 1321 | #VulcanInternational | #VulcanFocus | #YouCallWeMatch

More details: http://vulcaninternational.blogspot.com .

You're welcome to write your constructive comment below.

Happy New Year 2016 | Cheers Twenty Sixteen

2015-12-31T13:22:00.001+08:00

We wish you Happy New Year 2016 | Cheers Twenty Sixteen

Penang Developers New Projects In 2016 | More Affordable Housing?

2015-12-29T10:44:00.001+08:00

Projects worth RM4bil in Penang next year

Developers shift focus to higher-priced residential properties

StarBiz

December 28, 2015

Chan: ‘We still foresee the volume and value transactions of properties to contract in 2016. However, the contraction this time won’t be so sharp.’

GEORGE TOWN: Five developers will undertake RM4.33bil in property projects in Penang next year despite a challenging year for the property market.

The developers planned to price their mostly residential properties from between RM480,000 and RM3.3mil.

The price range came on the heels of this year’s launches of between RM200,000 and RM400,000 in strategic locations.

The developers would be shifting their focus to higher-priced residential properties. The condominium units in Bayan Lepas will be from 1,000 sq ft and priced from RM480,000 while three-storey houses with built-up of 5,300 sq ft will be priced at RM3.3mil in Seri Tanjung Pinang.

The developers are IJM Land Bhd with gross development value (GDV) of RM415mil, Ideal Property Group (RM1.46bil GDV), Hunza Properties Bhd (RM600mil GDV), Eastern & Oriental Bhd (RM650mil GDV) and Mah Sing Group Bhd (RM1.2bil GDV).

Real Estate & Housing Developers’ Association (Penang) chairman Datuk Jerry Chan told StarBiz that developers could be shifting their focus to properties priced from RM400,000 as there was a large supply of housing priced between RM200,000 and RM400,000 targeting first-time buyers.

This did not mean that buyers have lost interest in affordable housing with built-up of 900 sq ft and priced from RM500 to RM600 per sq ft.

Chan pointed out that developers would continue to build housing in the affordable range to leverage on the higher density for plots of land but there would be a gradual shift to the “non-affordable” range.

He added that there would be fewer launches in 2016, due to the difficulties in obtaining bridging and end-financing loans from banks.

Referring to the incoming supply of housing that were currently under construction, Chan said this would be spread over a five- to 10-year period, depending on market demand and the size of the schemes.

The National Information Property Centre (Napic) report revealed that the state would see an incoming supply of 72,114 units into the market.

According to the Napic report, the existing stock of houses in the state stood at 393,303, compared with 383,484 in the first half of 2014.

“We still foresee the volume and value transactions of properties to contract in 2016. However, the contraction this time won’t be so sharp,” Chan said.

Ideal executive chairman Datuk Alex Ooi said the group had developed 4,840 units of affordable projects on the island for the last two years.

“We have sold about 60% of these properties. Moving ahead, the strategy is to move into the non-affordable range priced between RM400,000 and RM600,000.

“Ideal Property still has around 300 acres of land bank on the island. We have some 25,000 units of properties planned for the land bank.

“There are still 8,000 units of properties with more than RM4bil in GDV to be implemented over the next 10 years, priced between RM400,000 and RM600,000,” Ooi said.

'Moderate to flat' outlook

Ooi expected property market conditions to be “moderate” to “flat” in the coming year.

Mah Sing (North) senior general manager Law Wei Keong said the company had recently completed a survey on the preference of housing products in the country.

“The study revealed that a majority of the 6,000 surveyed favoured houses priced in the range of RM500,000 to RM700,000,” he said.

Of the RM2bil worth of housing projects launched in the country this year, about 16% were priced from RM1mil, while the remaining 84% are below RM1mil, according to Law.

IJM Land senior general manager (north) Datuk Toh Chin Leong said despite the weak market sentiment, the company would continue to launch properties priced below RM800,000.

“It will be a slow year for the property market in 2016,” Toh said.

IJM Land’s pipeline of projects for next year in Penang included the RM232mil Waterside Residence in The Light Waterfront project next to Penang Bridge, the RM64.7mil Trehaus Condo Villa scheme in Bukit Jambul, and the RM118.4mil Senjayu Terrace project in Jawi, South Seberang Prai.

The Trehaus and the Waterside Residences scheme would be launched in the second quarter of 2016, while the Senjayu Terrace would be introduced in late 2016.

“The price of the three property schemes ranged between RM730,000 and RM1.3mil,” he said.

Meanwhile, Ideal would be launching the RM460mil Forestville, RM600mil Queens Waterfront Residences, and RM400mil Camerlina, located in Bayan Lepas, priced between RM480,000 and RM800,000.

“There is still growing need for mid-range houses that is reasonably priced, located within mature township, surrounded and supported by amenities such as schools with good accessibility, lower density with lifestyle concept,” he said.

Eastern & Oriental will develop the recently launched RM482mil Tamarind and 50 units of terraced houses with a RM168mil GDV in Seri Tanjung Pinang.

The Tamarind units, ranging between 1,000 sq ft and 1,770 sq ft, are priced around RM691,000 and RM1.16mil, while the terraced units, with built-up areas of 5,300 sq ft, are priced from RM3.3mil.

Its general manager (marketing and sales) Christina Lau said the Tamarind was scheduled for completion in 2019.

No date has been set for the completion of the 50-terraced properties.

Mah Sing to unveil Ferringhi Residence 2

Mah Sing will launch the RM735mil Ferringhi Residence 2, the RM350mil Icon Residence and an unnamed RM150mil project in Southbay City, Batu Maung.

“We are targeting the Ferringhi Residence 2 launch in the first quarter,” Law said.

The Ferringhi Residence 2 consists of three blocks offering 632 units with built-up areas from 1,208 sq ft to 2,910 sq ft, priced from RM775,265.

Law said the pricing for the unnamed project would be below RM680 per sq ft.

“The units have built-up areas of 750 sq ft to 1,000 sq ft,” he said.

Meanwhile, Hunza will develop the RM600mil Alila 2 project in Tanjung Bungah, 270 units which have built up of between 1,900 sq ft and 3,300 sq ft, priced from RM775 per sq ft.

“We will promote the 9.8acre project in Indonesia, Hong Kong, and Singapore early next year.

“The key attractions are the size of the units, which are extremely scarce on the island nowadays,” group managing director Khor Siang Gin said.

Source | StarBiz

Question: The prediction of 2016 of continue slowdown as a continuation from 2015 seems to hold water. Are the developers moving in right direction for affordable homes? What do you think? [Kindly share your comment below]

Bear in mind, Penang Government just published its massive blueprint of RM27 billion Penang Transportation Master Plan (PTMP) and location, location, location is there to consider for your hard earned money.

Boldly go. LLAP

VulcanInternational could be contacted at +6 016 451 1321 | #VulcanInternational | #VulcanFocus | #YouCallWeMatch

More details: http://vulcaninternational.blogspot.com .

You're welcome to write your constructive comment below.

investPenang | Press Statement | Merges And Acquisitions On Current Industry

2015-12-09T20:14:00.001+08:00

Penang State's investPenang has came out with facts and figures including information on employment to clear the air on what's going on with the current industrial merges and acquisitions as in press statement published in Mutiara Buletin Issue of Nov 1-15, 2015 as below:

investPenang director Datuk Lee Kah Choon

PRESS STATEMENT—CURRENT INDUSTRY M&A [investPenang]

27 Oct 2015

1. As the State's investment promotion agency, investPenang wishes to address the current spate of on-line news and speculations regarding corporate movements of a few semiconductors / E&E (Electrical and Electronic) multinationals in Penang.

2. In today's industries and business, mergers and acquisitions are commonly carried out not only to consolidate operations but also for other reasons such as increase in market share and technology synergies. This is happening globally in the semicon and E&E (Electrical and Electronics) technology companies and Penang, as an electronic hub, with its many international companies, is invariably impacted.

3. In 1H 2015 alone, globally, $72.6 billion worth of M&A (mergers and acquisitions) were announced. This was more than four times the value of M&A reported in fiscal 2014. The 3 major M&A include:

- $37 billion acquisition of Broadcom by Avago

- $16.7 billion acquisition of Altera by lntel

- $11.8 billion acquisition of NXP Semiconductor by Freescale.

4. In Penang, 5 multinationals recently announced their M&As:

[a.] AMD joint venture with Nantong Fujitsu Microelectronic Co.

85% share in AMD's manufacturing sites in Penang and Suzhou, China were sold to Nantong Fujitsu Microelectronics for $371 million cash; with AMD retaining 15% stake. The manufacturing site in Penang will remain in operation. The JV is the “latest step in AMD's strategic transformation to further sharpen focus and operations on designing high-performance products." The company announced that "there are no planned workforce reductions in Penang AMD facility”. The deal expected to be closed first half 2016, as long as regulatory and other approvals are obtained.

[b.] Sanmina Corp to take over Motorola Solutions’ manufacturing facility in Bayan Lepas.

Motorola's manufacturing in Technoplex facility will be taken over by Sanmina Corp, a leading integrated manufacturing service provider; whilst it focuses on R&D in Penang. They confirmed that the "sale does not change Motorola's commitment in Malaysia" and ”allows Motorola Solutions to deliver best in class service to its partners and customers”. They also reported in a local press on Oct 14th, 2015 that the "transfer does mean there will be a reduction in staffs". Employees will be transferred to Sanmina at no lesser terms than what they currentlv have. The transaction is expected to be finalized by early 2016.

[c.] Western Digital acquiring SanDisk

WD announced on 21 Oct 2019, its plan to acquire SanDisk for $19B cash and stock. The deal is scheduled to be closed by Q3 2016. There are currently 1042 employees in SanDisk Penang.

[d.] Amphenol to close one part of its business.

Amphenol is consolidating its mobile consumer products division in Asia Pacific, closing one of its plants in Penang. 150 employees will be affected. The Company will continue manufacturing of high speed connectors in 2 other plants in Penang, employing 800 staffs.

[e.] Dell acquired EMC at $67billion

Acquisition, announced on 12 Oct, 2015, was made to ‘evolve the company into the most relevant areas where lT is moving’.

From the above, it can be seen that only 150 jobs in Penang are affected. More job consolidation could be happening due to other M&As but there are no news of closure to date. Corporate movements will impact Penang, as host to many MNCs, and also other States in Malaysia.

5. In Penang, investments in the manufacturing sector remain robust. Recently, Jinko Solar as well as JA Solar, both multinational Chinese companies, started operations in Penang offering a total of 1,900 jobs. HP is currently constructing their factory in Batu Kawan and will employ 1,000 staff when it is in full operation. Overall, according to MIDA (Malaysian Investment Development Authority) , a total of 17,896 new jobs will be created in Penang via approved investments in 2014 and 13,199 new jobs via approved investments in 1H 2015.

6. Penang managed to attract RM48.2 billion worth of investments from 2008 to 2014, which is 93% higher than the RM24.9 billion invested on a similar 6 year period from 2001 to 2007.

7. In addition to manufacturing, the services sector, especially Global Business Services and Shared Services Outsourcing continues to offer high value job opportunities. HP recently started a finance centre at PDC Technoplex. Others include Osram‘s GBS center employing 150 staff and Jurong Engineering Design Center with 200 staff.

8. The Penang Career Assistance and Talent (CAT) Center continues to provide assistance to job seekers and employers looking for right candidates. As at 26 Oct, 2015, a total of 3,246 vacancies in Penang can be found in job portals linked to the CAT Centre.

9. The State government via investPenang is working closely with companies that have made announcements to assist and smoothen transition. However, for companies that have yet to make any official statements, due to confidentiality requirements at this stage or other reasons, whenever they can, we urge them to clarify matters to quell the spread of rumours. Further updates and clarifications will be given by investPenang when necessary.

10. As an international city where many multinationals are located, Penang will be subjected to vagaries of global business trends directly. We however remain positive in facing these challenges and steadfast in assisting all our investors and employees.

Source | Mutiara Buletin

You should also read related articles:

Penang | Silicon Valley of East losing position?

Adios Fairchild Semiconductor (Malaysia) Sdn Bhd

Malaysia | investPenang | Penang Capital Investments 1QFY2015 In One Easy Step (Infographic)

Malaysia | investPenang | Penang State's Capital Investments From 2010-2014

Malaysia | Exclusive Penang Factory/Warehouse Rental and Sale Price Report FY2014/2015

Cause for concern: Is Penang on the cusp of losing its position as the Silicon Valley of the East following news of relocations, mergers, retrenchment and even plant closures involving several major foreign electronic players in the state? What's your opinion? (Before you form your opinion do read through the related articles above)

Boldly go. LLAP

VulcanInternational could be contacted at +6 016 451 1321 | #VulcanInternational | #VulcanFocus | #YouCallWeMatch

More details: http://vulcaninternational.blogspot.com .

You're welcome to write your constructive comment below.

Penang For Sale 11 Brook Residences | The Evolution

2015-12-05T23:21:00.001+08:00

11 Brook Residences, Penang is luxury bungalow type which comprises of 11 bungalows with high wall gated and guarded community. Located at Brook Road (Off Jesselton Road). It enclave a stone's throw away to the prestige Penang Turf Club (PTC) that incorporated with golf section and equestrian club which was established in 1864 and Taman Jesselton which is well know for its tranquility and lush greenery. The project sits on 2.1 acres of land with very low density of 5 bunglows per acre and it acquires Gold GBI (Green Building Index). To know what is GBI refers to Question on GBI section. It's one of the hotspot masterpiece property in Penang Island.

11 Brook Residences, Penang is luxury bungalow type which comprises of 11 bungalows.

11 Brook Residences | Race course view.

A stone's throw away to the prestige Penang Turf Club (PTC).

This is last opportunity for you to own one of the luxury bungalows for sale. It has private garden and swimming pool for you and your family to enjoy. The 3-storey bungalow is internally service by lift and is facing race track view.

View To Appreciate.

For private viewing, do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational

Note: If you've factory/warehouse/land/commercial building/condominium/house to sell/let or intent to buy/rent one, do call Mr Vulcan Lau +6 016 451 1321 . We will match the buyer/tenant or seller/landlord for you from our MLS. Interested party do contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational | http://vulcaninternational.blogspot.com

Penang Property Talk | Sell Buy Rent And Lease Property In 5 Easy Steps

2015-12-03T11:58:00.001+08:00

Step 1: Industrial Property location in Bayan Lepas, Butterworth, Seberang Perai, Juru, Bukit Mertajam, Bukit Minyak, Bukit Tengah, Simpang Ampat, Batu Kawan, Penang Science Park, Nibong Tebal, Jawi, Sungai Bakap, Kepala Batas, Kilang Perindustrian, Industri Kecil dan Sederhana (IKS) Pulau Pinang, Malaysia.

Step 2: Type of Penang Small Medium Enterprises (SMEs) factories for sale and to let: Secure storage space, warehouses, light industry, medium industry and heavy industry.

Step 3: Type of industry: Renewal Energy (RE), electrical, electronics industries, printing, plastic injection moulding, automobile service, engineering, warehousing, showroom gallery, storage and locker space, cold storage room.

Step 4: Type of storage: Secure storage space and cold storage warehouse Penang cover northern region of Malaysia.

Step 5: Type of transaction: Selling, buying, renting, leasing and joint venture (JV).

Enquire about a property? Please quote the property and location.

Note 1: For renting, the calculation is based on Build Up Area or Nett Lettable Area(NLA) in sq ft unless specify.

If you can't find the property that you want, talk to us. You can also call us if you've property in Penang to sell or to let. "You Call, We Match." Please contact Mr Vulcan Lau, mobile no.: +6 016 451 1321

This list is last updated on 3 December 2015. To check revised updated listing:

http://vulcaninternational.blogspot.my/2015/10/penang-property-talk-sell-buy-rent-and_10.html

Note 2: Persons responding to this listing are not required to pay any estate agency fee whatsoever for properties referred to in this listing.

Property	Location	Price For Sale (RM)	Price For Rent (RM)	Land Area (sq ft)	Build Up Area(sq ft)	Remark
1. Semi-detach factory	Batu Maung	RM12 mil	RM2.00 psf	19,865	16,167
2. Semi-detach factory	Batu Maung	RM12 mil	RM2.00 psf	20,078	16,167
3. Warehouse	Mak Mandin	-	RM1.10 psf	2,500	2,500	Height:19 ft
4. Warehouse	Mak Mandin	-	RM1.10 psf	6,400	6,400	Height:15 ft
5. Warehouse	Mak Mandin	-	RM1.10 psf	3,930	3,930	Height:16 ft
6. Factory with warehouse	Bukit Minyak	RM20 mil	RM0.90 psf	3 acres	93,535
7. 3-storey villa	Bukit Jambul	RM3.8 mil	-	9,500	9,000
8. Land	Balik Pulau	RM6 mil	RM80 psf	1.73 acres	-	Joint venture
9. 2-storey bungalow	Scotland Rd	RM7.3 mil	-	10,800	4,700	Bed:5,Bath:5
10. 3-storey terrace house	Sungai Ara	RM990,000	-	1,840	3,000	Bed:4,Bath:3
11. 2-storey bungalow	Jln Sultan Ahmad Shah	-	RM21,000/mth	13,250	4,000	Commercial
12. Land	Batu Maung	-	RM0.60 psf	1.49 acres	-	Parking lorry, tractor
13. 3-storey terrace house	Minden Height	RM1.68 mil	-	2,107	2,065	Bed:4,Bath:4 [White Lily]
14. BayStar Condo	Bayan Bay	RM1.25 mil	-	-	1,560	Bed:3,Bath:3 Full reno
15. Scott Residences	Macalister Rd	RM2.25 mil	-	-	2,750	Bed:3,Bath:3
16. 4-storey villa [Moonlight Bay]	Batu Ferringhi	RM2.5 mil	-	2,500	4,500	Bed:4,Bath:4
17. 2-storey semi-detach house	Taman Jesselton	-	RM4,000/mth	4,725	2,699	Bed:4,Bath:4
18. 2-storey semi-detach house	Jalan Gajah	-	RM3,800/mth	4,300	2,035	Bed:4,Bath:4
19. 2-storey semi-detach house[Leasehold]	Gelugor	RM400,000	-	1,845	1,200	Bed:3,Bath:2
20. Flamingo Condo	Greenlane	RM640,000	RM1,400/mth	-	1,100	Bed:3,Bath:2
21. Cold storage room	Mak Mandin	-	RM2,109/mth	-	3,013 cu ft	RM0.70/cu ft
22. Duplex Condo (New)	Gurney Drive	RM6 mil	-	-	5,737	Bed:5,Bath:5 Full reno
23. Land	Western Rd	RM46.3 mil	-	1.33 acres	-	Residential
24. Bkt Dumbar Permai Apt	Bkt Dumbar	RM580,000	-	-	990	Bed:3,Bath:2
25. Sierra Residences (New)	Relau	RM530,000	-	-	1,000	Bed:3,Bath:2
26. Single storey bungalow	Pulau Tikus	RM9 mil	-	13,500	6,000	Bed:6,Bath:3
27. Factory / Warehouse	Sungai Lokan	-	RM1.10 psf	-	19,000	Height:35 ft
28. 3-storey bungalow [Brook Residences]	Brook Road	RM6.93 mil	-	6,024	5,423	Bed:4,Bath:5 Private Swimming Pool

Boldly go. LLAP

Interested please contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational

You're welcome to write your constructive comment below.

VULCAN INTERNATIONAL Real Estate Investors Club

Penang Factory and Warehouse | Factory In Perai Free Industrial Zone For Sale Rent

Penang Factory | Bukit Minyak Industrial Park Factory Land For Sale

Penang Prai Factory Warehouse For Sale Rent

Penang Prai | Affordable Factory Warehouse For Sale Rent With Immediate Occupancy

Why Penang Bukit Minyak Factory Warehouse For Sale Rent In Demand ?

Bayan Lepas Factory With Warehouse For Rent With Immediate Occupancy

Batu Kawan | Factory Warehouse For Sale By Fact Sheets In Penang Science Park

How By The Sea Condo Penang Make Profit For You ?

MASPEX 2016 | Malaysian Secondary Property Exhibition | The Fourth Edition

Improving Your Lifestyle At Sunrise Gurney Penang

Penang | Mayfair Super Condo For Sale

Why Macau Casino Tycoon Buys Singapore Bungalow Become So Tempting ?

Penang | Teluk Kumbar | Platinum III By TPPT For Sale / Rent

3 Benefits When You Are In Secure Site | HTTPS | Now You Are In Secured Website

What is HTTPS and how does it work?

Arena Curve Shoplot | Commercial Property For Rent / Sale

Case Study | Suria KLCC | Court Strikes Out BritishIndia Suit

How Fast Can Penang Factory And Warehouse Space For Sale And Rent Go?

Why Penang Factory Space For Rent In Prai Industrial Estate Is Attractive?

Padang Serai | Kulim | Kedah | Land For Sale

Pe­nang And Kulim | Kedah | It's Buzzing Up North

Happy New Year 2016 | Cheers Twenty Sixteen

Penang Developers New Projects In 2016 | More Affordable Housing?

investPenang | Press Statement | Merges And Acquisitions On Current Industry

Penang For Sale 11 Brook Residences | The Evolution

Penang Property Talk | Sell Buy Rent And Lease Property In 5 Easy Steps

Penang And Kulim | Kedah | It's Buzzing Up North