i-Parc2, Shah Alam

i-Parc2 (also known as i-Parc 2) is the second installment of 3-storey semi-detached corporate factory under the i-Parc Series by Mah Sing Group. Besides i-Parc 2, there are also i-Parc1 and i-Parc3. i-Parc 2 is located in Hicom Industrial Park zone in Section 26, Shah Alam.

i-Parc 2 comprises a total of 64 units of 3-storey semi-detached corporate factories sprawling over 19 acres of land. Each unit has land area from 7,920 sf and built-up area from 5,339 sf. It was launched by the developer from RM3.28 million.

Mah Sing has introduced a ‘made-to-order’ option for early buyers whereby buyers are entitled to choose either the factory to be built with single or double volume specifications to suit their requirement for practical space management. In addition, i-Parc 2 features 66-ft wide roads, on-site TNB electricity power supply and optional of heavy lift elevators.

The land for i-Parc 2 was purchased by Mah Sing on 8th February for cash consideration of RM45.5 million. The gross development value (GDV) of i-Parc 2 is about RM143 million. i-Parc Series encompasses 4-in-1 concept that allows owners to use the factory lot as the factory, office, showroom and warehouse under 1 roof. Other industrial developments in Shah Alam include Elite 33 Signature Business Park, and Nouvelle Kemuning Industrial Park.

In terms of accessibility, i-Parc2 is positioned in between Kuala Lumpur and Port Klang. It is accessible via North South Central Link (ELITE), New Klang Valley Expressway and Shah Alam Expressway (KESAS).

Property Details

• Name: i-Parc2 (also known as i-Parc 2)
• Address: Seksyen 26, Shah Alam, Selangor
• Developer: Multi Synergy (a subsidiary of Mah Sing Group)
• Completion Date: Early 2013 (estimate)
• Type: Semi-Detached Factory
• Tenure: {Tenure}
• No. of Storey: 3
• No. of Units: 64
• Land Area: From 7,920 sf
• Built-up: From 5,339 sf
• Launch Price: From RM3.28 million

Facilities

• TNB electricity power supply
• Wide road

Analysis

Just like its predecessor, i-Parc2 features a great concept for business owners and entrepreneurs to start and establish their business. The concept allows the management and production teams to be placed within a single building – thus increase efficiency and effectiveness as well as establish healthy working environment in an organization.

i-Parc2 is also surrounded by established industrial areas. Hicom Industrial Park itself hosts industry giants such as Proton Malaysia, Sharp Electronics and Toyota. Besides that, i-Parc2 is within close proximity to established Subang Jaya, Kota Kemuning, Klang, Sunway and Shah Alam vicinities.