PROPERTY NEWS: Sime Darby's Elmina Business Park in Sungai Buloh has 100% uptake

Key takeway: 

The Twin Factories 3 and Detached Factories 1 development at the 1,500-acre Elmina Business Park in Sungai Buloh, Selangor from Sime Darby Property Bhd, has recorded a 100% take-up rate.

While the Detached Factories 1 includes four 120 ft × 215 ft detached units with a built-up of 11,942 sq ft and is valued at RM8.38 million, the Twin Factories 3 consists of 24 units of 120 ft x 200 ft semi-detached units with a built-up of 13,663 sq ft.

The factories provide buyers with excellent connectivity via five major roads, including the Guthrie Corridor Expressway, North-South Expressway, and the upcoming Damansara-Shah Alam Elevated Expressway, with a total gross development value (GDV) of RM213 million.

Freehold industrial estate Elmina Business Park features a proposed business support centre, worker housing, sizable parks, and recreational amenities.

The excellent uptake for the two projects, according to Sime Darby Property's CEO, Mohd Sohimin Mohd Alayedin, was made possible by the right product offering, design, and pricing points. Elmina Business Park has varieties for businesses of any scale that extend from ready-built factories to customizable built-to-lease industrial properties.