detached factory in Bayan Lepas For Sale
Penang Industrial Asset – 2‑Sty Factory with Tenant, RM423k Rental
- Built-up
- 110,000 sqft
- Land Area
- 153,766.8 sqft
- Bathrooms
- 10
- Parking
- 10
- Tenure
- leasehold(37y)

This 10-bathroom, 110,000 sqft, leasehold detached factory is available for sale in Bayan Lepas, Penang, Malaysia at RM 120,000,000. It is unfurnished. Key facilities include 24-hour Security, 24-Hour Access, Security Guard. Listed by TOJI NG 东治 from Gather Properties Sdn Bhd.
Rare opportunity to own a prime industrial asset in Bayan Lepas Industrial Zone, Penang. This 2‑storey factory sits on 3.53 acres with a built‑up of approx. 110,000 sf. The property is fully renovated, air‑conditioned, and equipped with upgraded facilities including centralized chillers, DI water system, wastewater treatment, extended cafeteria, and 11kV substation power. Currently fully tenanted with secured rental income of RM423,500/month (Jan 2025 – Dec 2028), plus automatic renewal at 15% increment for the following 3 years. Total guaranteed 6‑year rental: RM32.7 million. Estimated yield ~4.4% p.a. (based on RM115m). Tenant bears maintenance, with 6‑month security deposit in place. Asking RM120 million (with tenant). Leasehold till 2062. Strong covenant, prime location, and excellent long‑term investment potential.
Location Strength: Bayan Lepas is one of Malaysia's established industrial corridors with strong logistics infrastructure and highway connectivity.
Suitability Assessment: At 110,000 sqft, this unit is suitable for light-to-medium manufacturing, assembly, warehousing, or 3PL logistics operations.
Investor Profile Match: This unit is best suited for owner-occupiers in manufacturing, logistics operators seeking a regional hub, or investors targeting capital appreciation and rental yield in the Klang Valley industrial belt.
Key Constraints to Consider: Industrial properties in Malaysia require leasehold renewal consideration and zoning confirmation, permissible use verification, and potential utilities upgrade assessment before signing.
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Default: 90% of property price (RM 108,000,000)
* Calculations are estimates. Actual rates and terms may vary. Consult with your bank for accurate quotations.
Bayan Lepas anchors a major industrial corridor with direct highway access to Port Klang, KLIA, and the greater Klang Valley distribution network. The area is home to logistics operators, light manufacturing, and e-commerce fulfilment centres.
Bayan Lepas enjoys excellent connectivity via major highways (DUKE, SPRINT, LDP, KESAS, NPE) and public transport links including LRT, MRT, and KTM stations. Key destinations such as Mid Valley, KL City Centre, and Petaling Jaya are within 15–30 minutes.
Industrial space demand is accelerating, fuelled by e-commerce growth, supply chain reshoring, and Malaysia's position as a key regional manufacturing hub.
Ideal for: logistics companies, 3PL operators, light-to-medium manufacturers, food processing businesses, and investors targeting industrial REIT-grade assets.
Bayan Lepas位于大吉隆坡核心工业走廊,毗邻巴生港口、吉隆坡国际机场及主要高速公路网络。
拥有完善的工业配套,包括大型货运道路、三相电供应、高天花板仓库及集装箱通道。
适合物流公司、制造商、电商仓储运营商及寻求工业REITs类回报的机构投资者。
工业地产需求受电商增长及供应链重组驱动,资本增值潜力显著。