Western Digital confirms that Knight Frank is the exclusive agent to handle the sale of its facilities at Sungei Way Free Trade Industrial Zone (FIZ), Petaling Jaya. There are 2 facilities for sale, at the North Eastern and North Western corners of the Sungei Way FIZ.
The first site measures around 3.6 acres in land size and comprises a double-storey building and a five-storey building with two basement levels with an approximate total build up area of close to 500,000 sq ft. The second site measures approximately 11 acres in land area with a total approximately build up area close to 500,000 sq ft as well. Both sites come equipped with high grade clean room facilities.
Allan Sim, Executive Director of Capital Markets at Knight Frank Malaysia, says “The Western Digital plants are undoubtedly one of the most prominent and visible buildings along the Puchong – Damansara Expressway (LDP).”
Allan adds, “It is rare for such sizable facility within an established FIZ in PJ to be made available to the market. Most existing FIZs within the Klang Valley are generally full / occupied.”
FIZs are export processing zones to cater to the needs of export-oriented industries. Companies in FIZs are allowed duty free imports of raw materials, components, parts, machinery and equipment directly required in the manufacturing process.
“Western Digital was operating in these sites for the company’s hard disk manufacturing operations and have fitted out the plants with high grade equipment including large Class 100 clean rooms. This is a great opportunity for large manufacturers looking to expand their footprint in Malaysia with high grade facilities ready for immediate operation,” he adds.
“We have received numerous enquiries on the sites since the official sale advertisements have been published. Both end-users and developers are keen on the prospect of the being rejigged to house new export-oriented manufacturing activities or to be redeveloped the future.”