Equalbase, a Singapore-headquartered real estate group specialising in sustainable commercial and industrial logistics facilities, and Sunway, have jointly held a groundbreaking ceremony for a RM 8 billion (S$2.28 billion) development of a sustainable Free Commercial Zone for the logistics industry in Sunway City Iskandar Puteri, Johor.
Spanning 135 acres / 55 hectares, 103°, will be the first fully carbon-neutral free commercial zone. The integrated warehouses will also be equipped with rooftop solar panels to generate sufficient electricity, fostering a greener future. The Equalbase Sunway 103° development will also strive to attain prestigious certifications such as Malaysia’s Green Building Index Gold rating.
The development will be built in four phases, with Phase One scheduled for completion by 2025. The development is expected to cater to a diverse range of industries in the region, including FMCG (Fast Moving Consumer Goods), retail, e-commerce, automotive, pharmaceutical and technology.
Situated 5 kilometres from the Second Link to Singapore, the facility’s strategic location lends itself as a key hub for sustainable space, contributing to the growth of both regions and catering to clients across ASEAN. This geographical advantage further establishes 103° as a focal point for sustainable logistics activities.
