Industrial factories are big, grey and boring. Unlike beautiful residential and commercial properties designed for fun, relaxation and convenience. If so, what could make industrial properties good?
They play a huge role in our growing nation. Malaysia's Digital Free Trade Zone, may be the first in the world. It forces industrial factories to up their game. The country aims to become a catalyst encouraging interest in our industrial properties.
The Digital Free Trade Zone facilitates a seamless, quick cross-border trade. It aims to establish Malaysia as a regional e-commerce and e-fulfilment hub. And drive export from Malaysian SMEs via e-commerce.
This e-fulfilment hub assists SMEs and businesses to export goods easier. It connects them with companies that offer services like financing and last-mile delivery. All with the help of leading fulfilment service providers and Satellite Services Hub.
Its non-physical platform comprises of an e-Services Platform. This is a virtual zone that manages cargo clearance and other processes. The platform also connects users online with the government and business services.
Even Alibaba Group founder Jack Ma has acquired a free-trade zone in KLIA Aeropolis. The zone could handle up to US$65 billion worth of goods once in full flow, and create 60,000 jobs by 2025.
The digitalization of business operations is growing fast. So it needs the support of physical factories which works hand in hand. What then sets good industrial factories apart?
Constructors keep building same factories without a set of differentiation, because of profit. These are then sold based on speculation, hiking up prices of surrounding properties.
Developers have to think out of the box. What can developers do to improvise on the designs of industrial factories?
People are looking for multi-functionality lots. All while possessing seamless access to major courier companies. Plus, specifications like logistics, good security and road accessibility. The convenience of many parking spaces and nearby amenities are also needed.
There is evidence that Built-To-Suit (BTS) factories are trending in the Klang Valley. These fulfil specific requirements of different companies. Because varying companies have different industrial factory needs.
We cannot ignore high-speed internet connection, and proximity to talent supply in manufacturing. A smart factory with automated processes will be a bonus, as it is becoming more of a necessity.
Without proper features, it is difficult to attract potential buyers and investors. It is important to get space around their central hub. These become small settlements for online distribution purpose.
Competition is fierce in online businesses. Apart from delivering high quality products, your clients would need speed of delivery. This will determine if their customers pick their store.
So how can we determine the right property to support such operations? We would have the answers you need. Come and have tea with us, and we will share with you more. Click here to get in contact with us!
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