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Sime Darby Property XME Business Park marks MVV milestone

More than 50% of Phase 1 already taken up.

Nilai Impian, 4 February 2020 – Sime Darby Property Berhad has kickstarted the first project under the Malaysia Vision Valley 2.0 development with the groundbreaking of XME Business Park in Nilai Impian, Negeri Sembilan.

Set amidst a gated and guarded environment with ample green lungs and versatile designs, XME Business Park sprawls over 69.72 acres of prime, freehold land in the mature and established township of Nilai Impian.

The business park will be the first Managed Industrial Park in Negeri Sembilan, with a Gross Development Value of RM520mil. It is gated and guarded with 24-hour security, providing a secure environment to the user and a well-maintained common area.

The ceremony was officiated by Negeri Sembilan Menteri Besar Dato’ Seri Aminuddin Harun. State Speaker Dato’ Zulkefly Mohamad Bin Omar, State Secretary Dato’ Dr Razali Bin Ab Malik, and State Investment, Industry, Entrepreneurship, Education and Human Capital committee chairman Dato’ Dr Mohamad Rafie bin Ab Malek were also at the event.

Sime Darby Property Acting Group Chief Executive Officer Dato’ Wan Hashimi Albakri said the XME Business Park is strategically located at the gateway of Negeri Sembilan and Malaysia Vision Valley 2.0.

“The MVV development begins in earnest with the XME Business Park. We are confident of the park doing well due to its great location and the impending enhancements to the infrastructure with major projects such as the East Coast Railway Line,” said Wan Hashimi.

The XME Business Park is a pioneer managed industrial development in MVV 2.0 and it will set the standard for industrial parks in Negeri Sembilan. Comprising of 149 units, the park will be developed over two phases.

Phase 1, launched in December 2019, consists of 75 units of semi-detached and detached types with built up ranging from 5,600 sq ft up to 29,000 sq ft to cater to the different needs of users with pricing from RM2.5mil to RM18.5mil. Phase 1 has a Gross Development Value of RM307mil and is targeted to complete by 3Q2022.

So far, half of the first phase has been taken up within a month of its soft launch with interest pouring in from different business industries from logistics and warehousing, food & beverage (central kitchens), engineering, food processing and packaging and metal fabrication.

The business park is also connected to major highways like the North-South Expressway, Elite Highway and LEKAS Highway, with easy access to KL up north, KLIA and Putrajaya to the east, Seremban, Johor, and Singapore down south. It is also located in a prominent location with high visibility from the North South Expressway, which is one of the busiest highways in the country.

MVV Kickstart

(from left):

  1. Director of Investment Sime Darby Property and chief executive officer of Malaysia Vision Valley 2.0, Datuk Redza Rafiq
  2. Acting Group Chief Executive Officer Sime Darby Property, Dato’ Wan Hashimi Albakri W.A.A Jaffri
  3. State Secretary, YB Dato’ Dr. Razali Abdul Malik,
  4. Menteri Besar Negeri Sembilan, YAB Dato’ Seri Haji Aminuddin bin Harun
  5. State speaker, YB Dato’ Zulkefly Mohamad bin Omar
  6. State Investment, Industry, Entrepreneurship, Education and Human Capital committee chairman Dato’ Dr Mohamad Rafie bin Ab Malek

For details on Sime Darby Property XME Business Park, visit https://www.simedarbyproperty.com/nilai-impian/xme-business-park

Updates on Sime Darby Property activities and developments can be found on simedarbyproperty.com, Facebook (facebook.com/SimeDarbyProperty), Instagram (Instagram.com/SimeDarbyProperty) and the Sime Darby Property Mobile App (available for download via the App Store and Google Play

**ENDS**

About Sime Darby Property Berhad

Sime Darby Property is Malaysia’s largest property developer in terms of land bank with 20,067 acres of remaining developable land, equivalent to Gross Development Value of RM87.4 billion. On the back of a successful 46-year track record of developing sustainable communities, Sime Darby Property has to date built 23 active townships/developments with a global reach that encompasses assets and operations across the Asia Pacific region and the United Kingdom. In the UK, as part of a Malaysian consortium, Sime Darby Property is the developer of the iconic Battersea Power Station project in central London.

Sime Darby Property is a multiple award-winning property group with numerous local and international accolades. It is the first Malaysian property developer to be awarded the International FIABCI Prix d’Excellence Awards twice for its Subang Jaya and UEP Subang Jaya townships. The company bagged its 10th consecutive Gold at the Putra Brand Awards 2019 and its 6th consecutive Top 10 Developers Awards at the BCI Asia 2015. Sime Darby Property has also been recognised as among the top developers in Malaysia in the annual The Edge Top Property Developers Awards, a recognition which the company consistently receives since 2009.

For more information, log on to www.simedarbyproperty.com

MEDIA CONTACT:

Ahmad Shahriman Johari
Head, Corporate Communications
Sime Darby Property Berhad

E-mail: shahriman.johari@simedarbyproperty.com
Mobile: 019 – 333 8320

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