The Gates is a residential development located within the vicinity of Batu Maung. The development is found to be situated within close proximity to what is known as Diamond Valley Industrial Park. There are several other areas that have been gazetted for industrial usage especially within Bayan Lepas, such as Kawasan Perindustrian Bayan Lepas.The Gates offers a total of 20 units of light industrial factories which comes in the form of semi-detached and detached units that are situated on a freehold 3-acre land. The development is currently undergoing Phase 1 which consists of 12 units of 2-storey semi-detached industrial buildings and 1 unit of 2-storey bungalow type building. Each unit typically comes with land area of approximately 3,600 sf onward, along with built-up size of 2,600 sf onward.This new industrial development boasts modern and practical designs with quality fittings and furnishings. The Gates features valuable specifications which allows for flexibility and complimenting daily functions and activities. It has a floor loading capacity of 200 lbs/sf, metal roofing, 3 phase 150Amp of power supply, ceiling height of 12 feet for ground floor and 10 feet for 1st floor for optimum operational space. The auto sliding gate and roller shutter effectively boosts safety and convenience.Among the benefits of The Gates, the one of greater impact would be it's strategic positioning within a prime booming town of developments and industrial businesses. Not only are amenities easily available within reach, tenants will enjoy greater exposure, effectively increasing the potential to improve brand image and generate greater brand awareness. Traveling to and fro the enclave of The Gates is rather hassle-free as well, as the main road is Jalan Batu Maung, which links directly to Tun Dr Lim Chong Eu highway which is in itself a direct link to Penang Bridge. Apart from that, the second Penang Link Bridge which is due to be completed soon is only 5-minutes away from the enclave, generating higher traffic and increased accessibility.
Property Details
Name: The Gates Address: Lintang Beringin 5, Batu Maung, Penang Type: Industrial Tenure: Freehold No. of Storey: 2 No. of Units: 20 No. of Bathroom: 4 Land Area: 3-acre Built-up: From 2,600 sf Subsale Price: RM2,000,000Facilities
ParkingAnalysis
The Gates is an excellent opportunity for those who are seeking to establish their businesses or to be part of the industrial growth which is currently trending in Batu Maung. It's strategic positioning within minutes from the 2nd Penang Link Bridge will ensure an increase in population catchment, traffic and convenience. Moreover, it's close proximity to residential areas provides a good source of workers and employees alike.Subsequently, many may speculate that The Gate would an excellent investment opportunity due to several factors. First and foremost is obviously it's excellent positioning, followed by the fact that Batu Maung is currently undergoing a phase of rapid development, potentially leading to higher capital appreciation as well as greater exposure. Moreover, as units here are small-medium sized, it will be much easier to rent out as there are very limited amount of such units.
