cbd properties penang

CBD Properties was formed by Adrian Wang in early 2007 to fill the essential for a creative and dependable real estate company specializing in the needs of Resi dential, Corporate Office Space, Commercial, Industrial and Land properties in the Klang Valley area such as:

# Kuala Lumpur City Centre,
# Kuala Lumpur CBD, Ampang,
# Damansara Heights, Sri Hartamas,
# Bangsar, KL Sentral, Mid Valley City,
# Petaling Jaya, Subang, Shah Alam and others

Cbd properties penang

“The local owners have no problem renting out the lot at a good rate because of its location.

● Leasehold
● 1.5-storey light industrial building in a non-free industrial zone
● Land size: 16,000 sq ft
● Built-up area: 8,000 sq ft
● Surrounded by multinational companies (MNCs) like Intel, Sumitomo and HP
● Less than 10km from Penang International Airport and less than 3km from Penang’s second bridge

“This area is a technology hub with many MNCs. Properties here receive good rental yields of between 7% and 9%,” Eng told TheEdgeProperty.com.

The current tenant is a Japanese precision automation company while the former tenant was a German company.

Located in Hilir Sungai Kluang 2, Bayan Lepas in the southern part of Penang Island, the industrial area is home to MNCs such as Intel, Dell, HP and many others, according to real estate agent and director of CBD Properties Penang, Jerome Eng Sitt Tatt.

He added that the industrial area is located less than 10km from Penang International Airport and is accessible via Penang’s second bridge — Jambatan Sultan Abdul Halim Muadzam Shah — which is less than 3km away.

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