The heavy industrial area of Taman Shamelin Perkasa in Cheras is gradually evolving into a popular hub for corporate offices and light manufacturing plants. In line with the changing landscape in the area, Y&Y Group is offering its Shamelin Heights Business Park.The group’s joint marketing and leasing consultants Dennis Yong and Billy Tan told Propertyplus that due to the area’s close proximity to the Kuala Lumpur city centre, land costs and rentals are rising rapidly making it unfeasible to house heavy industrial factories.The 12.6-acre freehold Shamelin Heights Business Park offers 30 units of 3-storey semi-detached and one 3- storey detached corporate industrial buildings with average land area of 8,500 sq ft and built-ups from 8,500 sq ft.“The Y&Y Group would be retaining the units and managing the business park. This is perhaps the first and only built-for-lease landed business park in KL. There are others, but none of this size and by a single owner.The project will be promoted as a single landmark, making it a desirable business address,” said Yong. He added that the Shamelin Heights Business Park has competitive rental rates.“Rental in the surrounding locality ranges from RM1.80 to RM2.20 psf while rental at Shamelin Heights will be RM2 psf. The first phase of 15 units will be completed in May, and the remaining phases by year-end. We expect to start leasing activities in mid-April,” said Yong.
(The Sun 28-3-2008)
