factory rent in Penang

 

Complete Guide to Renting a Factory or Warehouse in Penang Mainland

🏢 Factory Rent in Penang – Why Businesses Choose Penang Mainland

Looking for factory rent in Penang? Penang Mainland offers one of Malaysia’s most dynamic industrial ecosystems. From heavy manufacturing to logistics warehouses, the region provides ample options with modern facilities and a strategic location near ports and highways.

This 2024 guide walks you through everything from choosing the right location to budgeting your rental costs.

🌟 Benefits of Choosing Penang Mainland for Factory Rent

Here’s why Penang Mainland is a hotspot for industrial property rentals:

  • 🚛 Fast access to Penang Port, Penang Airport, and Butterworth-Kulim Expressway
  • 🏗️ Well-developed industrial zones like Prai, Bukit Minyak, and Batu Kawan
  • 👷‍♂️ Ready workforce and CLQ housing
  • 💡 Ideal for factory rent in Penang if you’re scaling or relocating your operations

🏭 Types of Factory for Rent in Penang

Whether you’re an SME or a multinational, choose from these industrial property types:

🔹 Detached Factories – Best for Large-Scale Production

  • Size: 15,000–60,000+ sq. ft.
  • 200–1000 AMP power supply
  • High ceiling, container access

🔹 Semi-Detached Factories

  • Size: 8,000–15,000 sq. ft.
  • Mid-sized operations
  • Balanced cost and capacity

🔹 Terrace/Light Industrial Units

  • Size: 3,000–6,000 sq. ft.
  • Suitable for light assembly and SMEs

🔹 Modern Warehouses in Penang

  • High ceiling, racking systems
  • Built for 3PL and e-commerce fulfillment

📊 Factory Rent in Penang – Updated 2024 Rental Rates

Property Type Size Range (sq.ft.) Monthly Rent (RM)
Terrace Factory 3,000 – 6,000 RM 6,000 – RM 20,400
Semi-Detached Factory 8,000 – 15,000 RM 16,000 – RM 51,000
Detached Factory 15,000 – 60,000+ RM 30,000 – RM 204,000+
Modern Warehouse 10,000 – 100,000+ RM 20,000 – RM 340,000+

💬 Based on RM 2.00 to RM 3.40 per sq. ft., depending on factory location, power, and building age.

🗺️ Top Industrial Locations for Factory Rent in Penang Mainland

🔸 Prai Industrial Estate

  • Heavy industrial approved
  • Close to Penang Port

🔸 Bukit Minyak Industrial Park

  • SME and logistics-friendly
  • Easy access via North South Highway

🔸 Batu Kawan Industrial Park

  • Malaysia’s high-tech zone
  • Major tenants: Intel, Bosch, Western Digital

🔸 Valdor & Nibong Tebal

  • Budget-friendly zones
  • Suitable for light manufacturing and warehousing

💰 Typical Costs for Factory Rent in Penang

🧾 Setup Costs:

  1. Deposit: 2 months
  2. Advance Rent: 1 month
  3. Utility Deposit: Based on TNB and PBAPP
  4. Legal & Stamping Fees: ~0.5% of annual rent
  5. PDC Consent Fee (if required): 5%–10% of base rent
  6. Renovation Deposit: Optional (if modifications planned)

📋 What to Check Before Signing a Factory Lease in Penang

Required Documents:

  • SSM Company Registration
  • Director’s NRIC
  • Financials (for larger facilities)

Factory Checklist:

  • ✅ CCC/BOMBA Certificates
  • ✅ Power Supply Capacity
  • ✅ Loading Bays and Access Roads
  • ✅ Floor Load Tolerance
  • ✅ Fire Safety Compliance

❓ Frequently Asked Questions (FAQs)

Q1: What’s the typical lease duration for factory rent in Penang?
A1: 2–3 years with optional renewals.

Q2: Is renovation allowed?
A2: Yes, with landlord consent and possibly a refundable deposit.

Q3: Are utilities like power and water included?
A3: No, tenants must apply for their own utility setup via TNB and PBAPP.

Q4: Is PDC approval mandatory in Batu Kawan?
A4: Yes. All leases in PDC-managed parks need official consent.

🔗 Helpful Resources