ARA DAMANSARA, 7 OCTOBER 2024 - Sime Darby Property Berhad’s ("Sime Darby Property" or the "Company") latest offering, The Signature Collection Twin Factories at Elmina Business Park Stage 2 has achieved an impressive 100% take-up rate upon its launch. Officially launched on 1 September 2024, this achievement signals the growing demand for well-planned industrial spaces within the Klang Valley.
Meticulously designed for light and medium industries, The Signature Collection Twin Factories at Elmina Business Park Stage 2 covers 26.2 acres, with a total Gross Development Value of RM296 million.
The Signature Collection introduces 60 semi-detached factories, with two distinctive offerings namely Type A (65’ x 142’, 4,410 sq. ft.) priced from RM3.68 million and Type B (80’ x 200’, 9,573 sq. ft.), available at a selling price from RM5.98 million. Meticulously designed for light and medium industries, the development covers 26.2 acres, with a total Gross Development Value (“GDV”) of RM296 million.
These Twin Factories are equipped with key features tailored for modern businesses. Each unit offers a tri-functional setup, incorporating a warehouse, office, and reception space. Designed for business growth, the factories allow for horizontal expansion by combining two adjoining units to create a larger central warehouse space when needed.
Sime Darby Property’s Chief Operating Officer of Township Development, Appollo Leong, said, “The success of The Signature Collection: Twin Factories at Elmina Business Park Stage 2 reflects the growing demand for well-planned, sustainable industrial spaces. Our commitment to creating environments that foster business growth, while addressing the evolving needs of modern industries, has been key to this achievement.”
These Twin Factories are designed with key features tailored for modern businesses, offering a tri-functional setup that includes a warehouse, office, and reception space in each unit.
Elmina Business Park, Klang Valley’s largest freehold industrial business hub spanning 1,500 acres, offers businesses not only premium facilities but also exceptional connectivity and infrastructure, all while being designed with wellness, sustainability, and innovation at its core. Reflecting its appeal, Google has selected Elmina Business Park as the location for its first hyperscale data centre in Malaysia. This is a testament to the park's attractive features and its potential to support high-tech industries and global companies.
This award-winning business precinct offers 110 acres of parkland, a dedicated business support centre, and staff accommodation, making it an attractive option for businesses looking to relocate or expand. Positioned along the booming Guthrie corridor, Elmina Business Park provides seamless access to the Elmina City Centre, which offers a variety of lifestyle and commercial amenities, including the newly opened Elmina Lakeside Mall, with more developments underway.
Elmina Business Park is also designed with efficient logistics in mind. Wide roads and ample parking for trucks and passenger vehicles make logistics operations seamless. Its strategic location provides excellent connectivity via five major highways, including the Guthrie Corridor Expressway, North-South Expressway, and LATAR Expressway, while proximity to key logistics hubs such as Port Klang and Subang Airport further enhances its appeal.
The park features reliable power, 5G infrastructure, and high-speed broadband. Elmina Business Park’s holistic, wellness-driven environment includes thoughtfully designed green spaces and recreational areas, fostering a conducive atmosphere for both employees and businesses.
“The park’s emphasis on sustainable energy solutions, including renewable energy initiatives and eco-friendly infrastructure, ensures that future tenants remain well-prepared and aligned with global sustainability standards," Appollo added.
Given the strong demand, businesses should seize the opportunity to secure these premium industrial spaces as future launches are expected to follow the same rapid demand. For those interested in learning more about future launches at Elmina Business Park Stage 2, please visit www.simedarbyproperty.com/elmina-business-park/.
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About Sime Darby Property Berhad
With over 50 years of experience, Sime Darby Property leads in creating master-planned communities, setting the benchmark for quality, innovation, and sustainability in residential, integrated and high-rise projects within its 25 townships and developments across Malaysia.
As it transitions into a real estate company by 2025, the company drives the industrial and logistics segment in Elmina Business Park, Bandar Bukit Raja, Hamilton Nilai City, and the Pagoh Special Economic Zone. Propelling its recurring income portfolio, Sime Darby Property is also the first public-listed property developer in Malaysia to venture into the creation of development funds in the industrial and logistics sector.
The company has pledged to achieve Net Zero carbon emissions by 2050, referencing the science-based target of limiting global temperature rise to 1.5°C. A consistent champion for biodiversity, Sime Darby Property is a constituent of the MSCI ACWI Small Cap Index with MSCI ESG Rating of BBB and is rated by the Carbon Disclosure Project.
A part of the respectable Malaysian consortium which successfully regenerated the iconic Battersea Power Station in the United Kingdom, Sime Darby Property also owns the multi-award-winning Kuala Lumpur Golf & Country Club, host to the prestigious LPGA- sanctioned Maybank Championship.
Driven by its Purpose to be a Value Multiplier for People, Businesses, Economies, and the Planet, Sime Darby Property through its philanthropic arm, Yayasan Sime Darby, continuously creates positive social impacts for the communities it serves.
Sime Darby Property is recognised as the World’s Best with Gold and Silver wins at the FIABCI World Prix d'Excellence Awards 2023, with other notable achievements, including All-Stars at the StarProperty Awards 2023, a Platinum ranking in the Property Development category at the Putra Brand Awards 2023, a Top 10 Developers (Malaysia) Award at the BCI Asia Awards 2023, a People’s Choice Award at the PropertyGuru Asia Awards Malaysia 2023, as well as named one of the nation’s top three property developers at ‘The Edge Malaysia’s Top Property Developers Awards 2023’.
For more information log on to www.simedarbyproperty.com
Media Contact: Alia Mior Azhar | +6010-433 4268 | alia.miorazhar@simedarbyproperty.com
For General Enquiries please e-mail: group.communications@simedarbyproperty.com
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