Bukit Minyak Industrial Park and Penang Science Park North: Why They Are Top Industrial Areas in Penang
Are you looking for the best industrial areas in Penang to invest, buy, or rent a property?
Two locations you must explore are Bukit Minyak Industrial Park and Penang Science Park North.
These parks offer strategic locations, modern facilities, and strong business ecosystems that make them highly attractive for manufacturers, investors, and logistic companies.
In this article, we will dive deep into why these two industrial parks are the hotspots for industrial property in Penang.
Bukit Minyak Industrial Park: Affordable and Strategic
Bukit Minyak Industrial Park is one of the most established industrial areas in Penang mainland, located within close proximity to the North-South Highway and Penang Port.
✅ Key Highlights:
- Affordable factory and warehouse rental prices compared to Bayan Lepas or Batu Kawan.
- Good infrastructure: wide roads, utilities, ready-built factories.
- Popular among SMEs, logistics companies, and light manufacturing.
The park is ideal for companies looking for cost-effective industrial properties without sacrificing accessibility and connectivity.
It is also growing in popularity for property investors looking for rental income opportunities.
Who Should Consider Bukit Minyak Industrial Park?
- SME manufacturers
- E-commerce logistics providers
- Warehouse and distribution businesses
- Investors seeking stable rental returns
Penang Science Park North: Future-Focused Industrial Hub
Located just a few minutes from Bukit Minyak, Penang Science Park North is a modern, eco-friendly industrial park designed for technology-driven industries.
✅ Key Highlights:
- Targeted for high-tech manufacturing, R&D centers, biotech firms.
- Green-certified facilities with eco-friendly standards.
- Close to Batu Kawan Industrial Park and Penang Second Bridge.
With major multinational companies setting up facilities here, Penang Science Park North is perfect for businesses looking to be part of Penang’s future industrial growth.
Why Penang Science Park North is Ideal for High-Tech Industries
- State-of-the-art infrastructure
- Attractive incentives from government agencies (MIDA, InvestPenang)
- Proximity to talent from nearby universities
Bukit Minyak vs. Penang Science Park North: Which Should You Choose?
Criteria | Bukit Minyak Industrial Park | Penang Science Park North |
---|---|---|
Target Business | SMEs, Logistics | High-Tech, R&D |
Cost | More Affordable | Higher, Premium Facilities |
Type of Property | Ready-built factories | Custom-built or BTS (Build-To-Suit) |
Growth Potential | Steady | High Growth |
Whether you are a manufacturer looking for a budget-friendly site or a high-tech company searching for the latest facilities, both Bukit Minyak Industrial Park and Penang Science Park North offer excellent opportunities.
Explore More Industrial Properties in Penang
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FAQs about Bukit Minyak Industrial Park and Penang Science Park North
Q1: What types of properties are available in Bukit Minyak Industrial Park?
A1:
You can find ready-built semi-detached factories, detached factories, and warehouses for sale or rent.
Q2: Is Penang Science Park North suitable for SMEs?
A2:
It is better suited for larger corporations or companies involved in high-technology manufacturing and research.
Q3: Are there investment opportunities in Bukit Minyak?
A3:
Yes! Due to its affordability and high demand, Bukit Minyak offers attractive rental yields for property investors.
Q4: How close is Bukit Minyak to Penang Science Park North?
A4:
They are located within 10–15 minutes’ drive from each other, making them both accessible hubs for businesses.
Q5: Can I get government incentives if I set up a factory in Penang Science Park North?
A5:
Yes, companies may qualify for tax incentives through MIDA and Invest Penang programs, especially for high-tech sectors.
Bukit Minyak Factory For Rent
RM130,000
RM195,000
RM126,000
RM457,000
RM199,000
RM30,000
Bukit Minyak Factory For Sale
RM12,038,000
RM9,511,000
RM5,704,000
RM25,000,000
RM16,800,000
RM18,500,000