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RM 11,500,000

5 ac Bukit Rambai Melaka Malacca, Melaka Tengah

Kawasan Perindustrian Bukit Rambai, 5 ac Bukit Rambai Melaka Malacca, Melaka

  • Built-up : 183,000 sq. ft.
  • Land area : 241692
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    5 ac Bukit Rambai Melaka Malacca, Melaka Tengah

    The subject property comprises a 3-storey office building, a single storey detached factory incorporating a double-storey office block, 3 storey canteen.
    
    Despite being located in a land without any significant natural resources, the economy of Malacca has been dated back more than 500 years ago due to its strategic location as the center for spice trade and its importance which influence the colonial countries to engage wars to control it.[19]
    
    Malacca started to open up itself to foreign investors since the early 1970s which has been successful. By 1997, the state has registered a total investment of over MYR16 billion. In 2014, a total MYR4.4 billion worth of investment was achieved by the state, in which MYR1.8 billion came from foreign investors.[20]
    
    In 2013, Malacca had a GDP of MYR22,646 million with GDP per capita of MYR34,109. It had 3.2% GDP growth in 2013. Inflation rate in 2012 was 1.6%. As of 2015, the Malacca State Government has an outstanding MYR861.7 million of loan to the federal government. In 2014, the state government's reserve amounted to MYR206.61 million.[21] The unemployment rate in 2014 was 0.9% or around 3,500 people.[22]
    
    As of 2012, service sector contributes to the largest share of economy in Malacca accounted for 46.9%, followed by manufacturing (43.5%), agriculture (6.5%), construction (2.9%) and mining (0.1%).[23] In terms of number of workforce, as of 2013, there were 275,000 people working in the industrial sectors, 225,000 people working in the service sectors, 35,000 people working in the entrepreneurship sectors and 12,300 people working in the agricultural sectors.[24]
    
    On 21 October 2010 an event was held to announce that Malacca had met the benchmark of 'Developed State' as set out by the Organisation for Economic Co-operation and Development and a declaration of "Melaka Maju 2010" was made by Malaysian Prime Minister Najib Abd Razak.[25]
    
    Currently there are 23 industrial areas which are centered along the edges of the city proper in suburbs which include Ayer Keroh, Batu Berendam, Cheng, Taman Tasik Utama and Tanjung Kling. While outside Malacca City, industrial areas include Alor Gajah and Sungai Udang. There are around 500 factories in the state which come from Germany, Japan, Singapore, Taiwan, United States etc. For small and medium-sized enterprises, a number of estates have been established by the state government.[26][27]
    
    The Malacca International Trade Centre in Ayer Keroh which was opened on June 2003 is the leading commercial center and the center for meetings, incentives, convention and exhibitions which plays an important role in the development of trade in Malacca.[28]
    
    Sungai Udang houses the PETRONAS Malacca Refinery Complex consisting two refining trains, established in 1994 and 1999 and owned by PETRONAS Penapisan (Melaka) Sdn. Bhd. and Malaysian Refining Company Sdn. Bhd. respectively. The total capacity of the refinery is 270,000 barrels of oil per day

    Property Features

    Property Type:
    Factory
    Occupancy:
    Vacant
    Land Title:
    Industrial
    Facing Direction:
    Unknown
    Tenure:
    Leasehold
    Unit Type:
    Corner
    Furnishing:
    Partly Furnished
    QuikPro No:
    UP5074731
    Asking Price per sq. ft.:
    RM 48
    Posted Date:
    07 Jun 2018

    Points of Interest

    Transacted Prices

    Discover how much people paid for this property in the past based on data from the Valuation and Property Services department (JPPH) of Malaysia.
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