Our Properties

Description
Atrium Shah Alam 1 is a 4-storey office cum warehouse facility that was upgraded, converted into a office cum factory facility in 2015 and is currently occupied by Marelli Motori Asia. The Marelli Motori Group is one of the world’s leading manufacturer of electric motors and generators. The Group enjoys worldwide brand recognition in the marine, oil & gas, power generation, co-generation and other industrial sectors. The property is strategically located within the prime industrial area known as Lion Industrial Park in Section 22 of Shah Alam. The neighbourhood forms one of the earliest and best located industrial areas, established by the Perbadanan Kemajuan Negeri Selangor (“PKNS”) and the private sector, within the Klang Valley. The area is fully developed and very little or no vacant land is available in the neighbourhood at the present time. The surrounding land use is wholly industrial varying from heavy to technical/light industrial. Accessibility within the area is excellent; easy access to the Federal Highway with well-planned service roads and interchanges to the New Klang Valley Expressway, the Shah Alam Expressway and the North-South Central Link Expressway Notable examples of factories/warehouses located within the vicinity include Samsung SDS Global Supply Chain (M) Sdn Bhd, Tasco Logistics (M) Sdn Bhd, POS Malaysia, Mapletree Shah Alam Logistics Park, Posim Berhad, Matsushita Compressor & Motor Sdn Bhd, Panasonic HA Air-Conditioning Sdn Bhd, Automatic Industries Sdn Bhd and others.
Property type
Industrial
Year of completion
2005
Date of acquisition
2 April 2007
Cost of acquisition
RM 57,200,000
Occupancy
100%
Latest valuation
RM 91,300,000
Property Management Company
Hartamas Asset Management Sdn Bhd
Property type
Industrial
Year of completion
2004
Date of acquisition
2 April 2007
Cost of acquisition
RM 49,100,000
Occupancy
100%
Latest valuation
RM 78,700,000
Property Management Company
Hartamas Asset Management Sdn Bhd
Property type
Industrial
Date of acquisition
16 March 2017
Cost of acquisition
RM 21,698,113
Occupancy
100%
Latest valuation
RM 29,600,000
Property Management Company
Hartamas Asset Management Sdn Bhd
Property
Atrium Puchong
Property type
Industrial
Year of completion
2002
Date of acquisition
2 April 2007
Cost of acquisition
RM 38,500,000
Occupancy
100%
Latest valuation
RM 53,400,000
Property Management Company
Hartamas Asset Management Sdn Bhd
Property
Atrium USJ
Property type
Industrial
Year of completion
2008
Date of acquisition
22 December 2011
Cost of acquisition
RM 25,000,000
Occupancy
100%
Latest valuation
RM 38,200,000
Property Management Company
Hartamas Asset Management Sdn Bhd
Description
Atrium Bayan Lepas 1 is a single-storey factory building with an annexed double storey office used by Lumileds Malaysia for developing and manufacturing of light emitting diodes (LEDs), lightbulbs and related products for automotive lighting, general lighting and specialty lighting.
The Lumileds Group (“Lumileds”) is a global lighting solutions company that helps customers around the world deliver differentiated solutions to gain and maintain a competitive edge. As the inventor of Xenon technology, a pioneer in halogen lighting and the leader in high performance LEDs, Lumileds builds innovation, quality and reliability into its technology, products and every customer engagement.
Atrium Bayan Lepas 1 (“ABL1”) is located within the established industrial estate of Free Industrial Zone Phase 3 of Bayan Lepas Industrial Park, Bayan Lepas, Pulau Pinang. ABL1 is sited off the southern side of Lebuhraya Tun Dr Lim Chong Eu, travelling from Batu Maung towards George Town. It is located about 13 kilometres due south-west of KOMTAR, 5 kilometres due south-west of Penang Bridge, 4 kilometres due north-west of the Second Penang Bridge and 6 kilometres due north-east of the Penang International Airport. It is within the local authority area of Majlis Bandaraya Pulau Pinang.
The immediate surrounding comprises mainly individually designed detached factory buildings, vacant industrial lots as well as semi-detached factories. Amongst the factories are those occupied by Mapa Gloves Sdn Bhd, Inari Integrated Systems Sdn Bhd, Katolec Malaysia Sdn Bhd, Penfibre Sdn Bhd, Texchem Polymer Engineering Sdn Bhd, GUH Circuit Industry (PG) Sdn Bhd to name a few.
Property type
Industrial
Year of completion
More than 40 years
Date of acquisition
22 October 2020
Cost of acquisition
RM50,000,000
Occupancy
100%
Latest valuation
RM 51,000,000
Property Management Company
Hartamas Asset Management Sdn Bhd
Description
Atrium Bayan Lepas 2 is a double-storey factory building with an annexed double storey office used by Lumileds Malaysia for developing and manufacturing of light emitting diodes (LEDs), lightbulbs and related products for automotive lighting, general lighting and specialty lighting.
The Lumileds Group (“Lumileds”) is a global lighting solutions company that helps customers around the world deliver differentiated solutions to gain and maintain a competitive edge. As the inventor of Xenon technology, a pioneer in halogen lighting and the leader in high performance LEDs, Lumileds builds innovation, quality and reliability into its technology, products and every customer engagement.
Atrium Bayan Lepas 2 is located along Lintang Bayan Lepas 8, within the Non-Free Industrial Zone of Bayan Lepas Industrial Park, Bayan Lepas, Pulau Pinang. It is approximately 17 kilometres due south-west of KOMTAR, 9 kilometres due south-west of the Penang Bridge, 3 kilometres due north-west of the Second Penang Bridge and 8 kilometres due east of the Penang International Airport. The property fronts onto Lintang Bayan Lepas 8 and is easily accessible from KOMTAR via Gat Jalan Prangin, the Tun Dr. Lim Chong Eu Expressway, Hilir Sungai Kluang 1, Lintang Bayan Lepas and thence onto Lintang Bayan Lepas 8, all being well maintained metalled roads.
The Bayan Lepas Industrial Park is an established industrial scheme covering a total area of 1,285 acres developed by the Penang Development Corporation. This project started in 1972 and was developed in 4 phases. It comprises the main operating centre for multinational companies in the northern zone of Malaysia and also incorporates Free Industrial Zones (FIZ) and Non-Free Industrial Zones (NFIZ Notable examples of factories/warehouses located within the vicinity include Western Digital Sdn. Bhd., NGC Garter (M) Sdn. Bhd., MOX-Linder Gases Sdn. Bhd., OHL Excel Logistics, Benchmark Electronics (M) Sdn. Bhd., U-Metal Engineering Sdn. Bhd, amongst others.
Property type
Industrial
Year of completion
2012
Date of acquisition
7 October 2019
Cost of acquisition
RM 130,000,000
Occupancy
100%
Latest valuation
RM 121,500,000
Property Management Company
Hartamas Asset Management Sdn Bhd