Technology has changed how we view properties, how we rent and buy the properties.

There are three key reasons that we have shortlisted on why buying industrial land is important and beneficial to your business.  

The pandemic has changed the consumer buying pattern and they are now more prone to buy online. Thus, it accelerates the boom of e-commerce. Before we deep dive into the fact and figures. Let’s understand the definition of e-commerce.  

The pandemic has changed people's spending behaviour from relying on in-store purchases to buying from online channels or e-commerce. And the change of spending behaviour has driven the growth of e-commerce and logistics. As a result, industrial properties such as factories and warehouses demand boom during the pandemic.

Selangor is situated strategically to the 12th busiest container port, Port Klang, major airports such as KLIA or KLIA2, railways, business centres and ICT hubs. Investors can find industrial areas in Selangor to set up their companies, offices or launch initiatives and projects as an advanced commercial ecosystem strongly backs this state.

Selangor has built on its status as one of Malaysia's economic and logistics engines. In order to spearhead the growth of Selangor, Invest Selangor Board would focus on five core clusters that have the highest potential in driving Selangor economic growth and quality investments with added value for the people and the state. Selangor has been attracting growing interest in Foreign Direct Investments (FDI) for the past few years.

Selangor is one of Malaysia’s most developed and progressive states. It is strategically situated around Kuala Lumpur and has the competitive advantage by having the country’s primary port of entry.

A Real Estate Agent (REA) owns and operates his/her own real estate agency. Besides, he can hire a maximum of 50 real estate negotiators to provide real estate services

If a landowner intends to convert land to another category, the landowner must apply and pay a land conversion premium to the State Authority.

The covid-19 pandemic has transformed the whole real estate industry. According to a survey conducted by the Real Estate and Housing Developers’ Association (Rehda) Malaysia, 20% and 26% of the 134 respondents were optimistic about the property market/sales performance and residential sector growth, respectively, in 2H2021.

When fewer assets in a company are good, an asset-light strategy business model refers to the company transferring capabilities to another organization. Doing so, this company can enjoy benefits such as the transition from fixed cost structure to variable cost structure, being a more agile organization and better resource allocation and a stronger focus on its core capabilities.

Industrial properties refer to land and buildings that are used for industrial activities. The industrial activities include production, manufacturing, assembly, warehousing, research, light storage, data centre, and distribution.