Property Information
- Zoning: Industrial Zone
- Land Area, acre: 7.4 acres
- Tenure: Freehold and Leasehold
- Property Listing Type: Sell
Description
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Description:
Industrial Land at Sungai Way Free Trade Zone available for sell.
Enquiry this land at +6017-820-9187 (WhatsApp)
Sungai Way Free Trade Zone is a mature industrial compound that is located at Petaling Jaya Selangor. It has been there for more than 20 years and it is one of the best location for Data Center, Manufacturing, Logistic, and other industrial usage hub. This location is just at the mid point between Kuala Lumpur and Selangor. Even though the address is under Petaling Jaya, the location is strategic and easy to attract Technical Staff and Professionals.
Free Trade Zone
Free Trade Zone (FTZ) in Malaysia is an area designated for commercial and industrial activities, all under the oversight of the Ministry of Finance (MoF).
The main purpose of FTZs is to simplify trade with streamlined customs procedures. Goods can enter without customs or excise duties, making it easier for businesses.
Before setting up in an FTZ, it’s important to understand the difference between a Free Industrial Zone and a Free Commercial Zone.
- Free Industrial Zone (FIZ) targets businesses focused on exporting manufactured goods, requiring at least 80% of output to be exported. A reduction to 60% can be requested from the Ministry of International Trade and Industry (MITI). Goods moved from the FIZ to Malaysia are considered imports and subject to customs duties and sales tax.
- Free Commercial Zone (FCZ) promotes business and trade through favourable policies and are usually located near ports for efficient goods transport. While they offer benefits similar to FIZs, FCZs focus on trading and transportation, whereas FIZs are centred on manufacturing and industrial activities.
Subjected Land is rectangular shape layout and along the main road. The land is flat and suitable for different kind of industrial usage. Some will consider as Sports Center also.
Land size is approximately 7.4 acres approximately and it is available for Sell and Rent consideration.
Photos shown are not actual photos, kindly contact for viewing arrangement.
Show all description - Free Industrial Zone (FIZ) targets businesses focused on exporting manufactured goods, requiring at least 80% of output to be exported. A reduction to 60% can be requested from the Ministry of International Trade and Industry (MITI). Goods moved from the FIZ to Malaysia are considered imports and subject to customs duties and sales tax.
Location
- Neighborhoods: EPU Exemption, Free Trade Zone Malaysia, Malaysia LMW, Malaysia Pioneer Status