Introduction
Bukit Raja Industrial Park in Selangor has emerged as one of the most sought-after industrial hubs in Malaysia. Businesses ranging from logistics companies to manufacturing giants are eyeing this prime location for their operations. But before securing a spot, one critical question arises—what is the cost of different types and sizes of plots in Bukit Raja Industrial Park?
This article provides a detailed breakdown of costs, influencing factors, and what investors can expect when purchasing or leasing land in Bukit Raja Industrial Park in Selangor, Malaysia.
Types of Plots Available at Bukit Raja Industrial Park
1. Small Industrial Plots (Below 1 Acre)
Small plots are ideal for small and medium-sized enterprises (SMEs). They are usually between half an acre to one acre, making them suitable for light industries, workshops, and storage facilities.
2. Medium-Sized Plots (1 to 5 Acres)
These plots cater to mid-sized businesses such as logistics firms, warehouses, and assembly plants. They offer more flexibility for future expansion while remaining cost-effective compared to large plots.
3. Large Industrial Plots (Above 5 Acres)
Large plots are suitable for multinational corporations (MNCs) or companies with massive production and warehousing needs. These are often custom-developed to meet specific business requirements.
Estimated Costs of Different Plot Sizes
The cost of plots in Bukit Raja Industrial Park depends on several factors, including location within the park, infrastructure, and accessibility. Based on market insights:
1. Small Industrial Plots
- Price range: RM 180 – RM 250 per sq. ft.
- Approximate cost for a 1-acre lot (43,560 sq. ft.): RM 7.8 million – RM 10.9 million
- These are the most affordable entry points for businesses looking to establish a foothold.
2. Medium-Sized Plots
- Price range: RM 160 – RM 220 per sq. ft.
- Approximate cost for a 3-acre lot: RM 20.9 million – RM 28.8 million
- Medium plots benefit from economies of scale, making them attractive for growing companies.
3. Large Industrial Plots
- Price range: RM 150 – RM 200 per sq. ft.
- Approximate cost for a 10-acre lot: RM 65.3 million – RM 87.1 million
- Bulk buyers often enjoy lower prices per square foot, making large plots cost-efficient for big corporations.
Leasehold vs. Freehold Costs
Plots at Bukit Raja Industrial Park are offered in both leasehold and freehold options.
- Leasehold Plots (usually 99 years): Slightly cheaper but come with time-bound ownership. Prices can be 10–15% lower compared to freehold.
- Freehold Plots: More expensive but offer permanent ownership. These are in higher demand among investors.
Factors Influencing the Cost of Plots
1. Location Within the Park
Plots near main roads or with direct highway access command higher prices compared to those located deeper within the park.
2. Infrastructure and Facilities
Well-developed zones with ready utilities like electricity, water, and broadband are priced higher.
3. Market Demand and Economic Conditions
High demand from multinational companies pushes prices upward, especially for larger plots.
4. Proximity to Port Klang
Plots closer to Port Klang, Malaysia’s largest seaport, usually have premium pricing due to logistical advantages.
Additional Costs to Consider
When purchasing or leasing plots, buyers must also account for:
- Legal Fees: Costs for agreements, registration, and due diligence.
- Stamp Duty: Payable based on the property’s value.
- Development Costs: Custom building or infrastructure development.
- Maintenance Charges: Industrial parks often charge fees for security and upkeep.
Cost Comparison with Other Industrial Hubs in Selangor
Compared to Shah Alam, Subang, and Port Klang Free Zone, Bukit Raja Industrial Park offers competitive pricing while providing superior connectivity. For example:
- Shah Alam plots may cost RM 250 – RM 300 per sq. ft., making Bukit Raja a more affordable option.
- Port Klang areas are cheaper (RM 120 – RM 160 per sq. ft.) but lack the modern infrastructure found at Bukit Raja.
Why Investors Prefer Bukit Raja Industrial Park
- Strategic Location: Close to highways and Port Klang.
- Modern Infrastructure: Well-planned roads, utilities, and safety features.
- Scalability: Options for small businesses and multinational corporations.
- Value Appreciation: Property values have consistently increased over the years.
Conclusion
The cost of getting a plot at Bukit Raja Industrial Park varies depending on size, type, and location. Small plots can start at around RM 7.8 million, while large corporate plots may exceed RM 80 million. With strong demand, modern facilities, and strategic positioning, Bukit Raja continues to be a prime choice for businesses and investors alike.
FAQs
1. How much does a small industrial plot at Bukit Raja Industrial Park cost?
A small plot below 1 acre costs between RM 7.8 million and RM 10.9 million.
2. Are large plots cheaper per square foot?
Yes, large plots often cost less per sq. ft. compared to smaller ones due to bulk pricing.
3. Is it better to buy freehold or leasehold plots?
Freehold plots offer permanent ownership, while leasehold plots are cheaper but limited to 99 years.
4. What extra costs should I expect apart from land price?
Additional costs include legal fees, stamp duty, development costs, and maintenance charges.
5. How does Bukit Raja compare with Shah Alam and Port Klang?
Bukit Raja is more affordable than Shah Alam but offers better infrastructure than Port Klang.