Insights of Johor Factory for Rent/Sale (2023/2024)
Johor is a state in Malaysia that borders Singapore and has a population of about 3.7 million people. It is one of the most developed and industrialized states in the country, with a GDP of RM104.4 billion in 2017. Johor has a diverse economy that includes manufacturing, services, agriculture, tourism, and logistics.
One of the main sectors in Johor’s economy is the manufacturing industry, which contributed 32.5% to the state’s GDP in 2017. Johor has many industrial parks and zones that offer various types of factories and warehouses for rent and sale.
Industrial Property Projects in Iskandar Malaysia (2023)
Iskandar Malaysia: This is a special economic zone that covers an area of 2,217 square kilometers and encompasses five flagship zones: Johor Bahru City Centre, Nusajaya, Senai-Skudai, Eastern Gate Development Zone, and Western Gate Development Zone. Iskandar Malaysia aims to attract investments in sectors such as education, healthcare, tourism, creative, logistics, and financial services. Some of the industrial parks in Iskandar Malaysia are:
- i-Park: This is an integrated industrial park that offers ready-built and custom-made factories for rent and sale. i-Park provides facilities and services such as security, landscaping, maintenance, broadband, and utilities.
- SiLC: This is a green and smart industrial park that focuses on high technology and value-added industries. SiLC offers industrial land and standard factory buildings for rent and sale. SiLC also features amenities such as a business center, a clubhouse, a hotel, and a convention center.
- Bio-XCell: This is a biotechnology park that specializes in biopharmaceuticals, industrial biotechnology, and green technology. Bio-XCell offers land, shell, and core facilities for rent and sale. Bio-XCell also provides support services such as incubation, R&D, training, and regulatory affairs.
- Nusa Cemerlang Industrial Park: a freehold factory development. The project was completed and is surrounded by well-established and populous neighborhoods. The factory development comes equipped with 24-hour security systems that ensure the safety of tenants and workers at all times.
- Alam Jaya Industrial Park: a leasehold mixed development consisting of modern semi-detached factories. The development is surrounded by many matured housing developments which provide a ready pool of resources and opportunities.
- Setia Business Park: It is a 183-acre industrial development located strategically within close proximity to Johor Bahru City Centre, Airports, Seaports, Highways, and Singapore Tuas CIQ’s, . The development philosophy of Live Learn Work Play is captured in this eco-friendly business park development. The development consists of semi-detached factories and detached factories
- Nusajaya Tech Park: a new generation industrial park jointly developed by CapitaLand and UEM Sunrise. The industrial park offers premium spaces for business and is designed to capture the philosophy of Live Learn Work Play. The industrial park is eco-friendly and provides a wide selection of freehold ready-built factories for a business operation with lower investment cost and minimal fitting-out. Located nearby Tuas.
Industrial Property Market in Pasir Gudang Johor (2023)
Pasir Gudang: This is an industrial town that covers an area of 400 square kilometers and hosts more than 700 factories . Pasir Gudang is a major hub for heavy industries such as petrochemicals, shipbuilding, engineering, and palm oil . Some of the industrial parks in Pasir Gudang are
- Tanjung Langsat Industrial Complex: This is a 3,000-acre industrial park that offers land and ready-built factories for rent and sale. Tanjung Langsat Industrial Complex caters to industries such as oleochemicals, food processing, metal fabrication, and logistics .
- Pasir Gudang Industrial Park: This is a 1,500-acre industrial park that offers land and standard factory buildings for rent and sale. Pasir Gudang Industrial Park serves industries such as plastics, rubber, wood, and electrical .
- Pasir Gudang Industrial Estate: This is a 450-acre industrial estate that offers land and semi-detached factories for rent and sale. Pasir Gudang Industrial Estate accommodates industries such as textiles, garments, furniture, and paper.
- Halal Park: world-class integrated halal industrial park that specializes in the production of halal products for both local and international markets. The industrial park is located within a freehold industrial development site and is a centralized community of manufacturing and service providers with industry essential shared services into one common property
Industrial Property Market in Kulai - Senai Johor (2023)
Kulai/Senai: This is a district that covers an area of 753 square kilometers and has a population of about 300,000 people . Kulai is a fast-growing area that benefits from its proximity to Senai International Airport and the North-South Expressway . Some of the industrial parks in Kulai are:
- Senai Industrial Park: This is a 1,200-acre industrial park that offers land and ready-built factories for rent and sale. Senai Industrial Park hosts industries such as electronics, precision engineering, aerospace, and food processing .
- Indahpura Industrial Park: This is a 1,300-acre industrial park that offers land and standard factory buildings for rent and sale. Indahpura Industrial Park attracts industries such as automotive, furniture, metal, and logistics .
- SME City: This is a 300-acre industrial park that offers land and semi-detached factories for rent and sale. SME City targets small and medium enterprises (SMEs) in sectors such as ICT, biotechnology, and halal products.
- iPark Senai Airport City: freehold factory development that was completed in 2019 with 50 2-storey units available for rent or sale. The project was completed by AME Properties Sdn Bhd. The industrial park is uniquely conceptualized to merge industrial activities, business operations, healthy and relaxing lifestyles together in a fully integrated hub. This means all your needs for commerce and retail, wellness plus all kinds of amenities of convenience are made available too right here at your doorstep.
- Senai Idaman Industrial Park: freehold factory development with a wide variety of space available for the various usage of tenants. The factory development has much to offer. Residents can easily find a parking as there are car park available. There are also other amenities in the surrounding area that residents can access with ease.
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