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Valdor Logistics Hub

Strategically located in one of Penang's key industrial hubs, the freehold property enjoys easy accessibility due to its close proximity to Batu Kawan Industrial Park and is well-connected to the North South Highway and Penang Second Bridge.

Valdor Logistics Hub comprises a single-storey warehouse annexed to a double-storey office building, two single-storey detached warehouses and other ancillary buildings. With a net lettable area of 335,000 sq ft, the property is currently fully leased to tenants from the logistics sector.

Property Information

  • Tenure
  • Independent valuation(1)
    RM81.0 million
  • Purchase consideration
    RM80.0 million
  • Land area
    Approximately 549,000 sq ft
  • Net lettable area(2)
    335,000 sq ft
  • Number of leases(2)
  • Committed occupancy rate(2)
  1. Based on the valuations as at 31 December 2022 commissioned by MTrustee, trustee of CLMT.
  2. As at 30 June 2023.