Eco Business Park 3, Kota Masai

Eco Business Park 3 (also known as Eco Business Park III) is a freehold light industrial park located in Kota Masai, Pasir Gudang. It comprises Eco Arena and Eco Avenue. The built-up available at this project is 11,900 sf to 13,600 sf for properties and 2,600 sf to 3,600 sf for shop-offices. It was developed by Eco World Development Bhd (fka Focal Aims) with a launch price at about RM450 psf for properties, and was completed in around 2018.

Eco World Development Bhd (fka Focal Aims) is a gigantic property developer listed on Bursa Malaysia, and it has built about 121 property projects in Malaysia. Other similar projects by the same developer are Eco Ardence, Eco Botanic, Eco Grandeur, Eco Majestic, Eco Sanctuary, Eco Spring, Eco Summer, Eco Tropics, EcoSky and Kota Masai.

Property Type
Light Industrial Park
Land Tenure
Freehold
Built-up
11,900 sf - 13,600 sf (Factory)
2,600 sf - 3,600 sf (Shop-Office)
Market Price
RM1,500,000 - RM2,500,000 (Factory)
Density
-NA-
Completed In
2018
Launch Price
RM450 psf (Factory)

This light industrial park is not very ideal for own stay or investment, as it has no amenities around.

The current rental yield of Eco Business Park 3 is 4.05% for properties. The highest rental yield ever recorded was 4.05% in Q3 2021 (Factory); while the lowest one was 2.94% in Q1 2021 (Factory). Meanwhile, the most common unit layouts and sizes available here are as follows:

Factory Layouts

The most popular layout and size combination at Eco Business Park 3 for properties is 13,600 sf with a median price of RM110 psf. For price wise, the most expensive one is 11,900 sf with a median price of RM210 psf; while the cheapest one is 13,600 sf with a median price of RM110 psf.

Shop-Office Layouts

Lastly, the most popular layout and size combination at Eco Business Park 3 for shop-offices is 3,600 sf with a median rental of RM1.17 psf. For rental wise, the most expensive one is 2,600 sf with a median rental of RM1.92 psf; while the cheapest one is 3,360 sf with a median rental of RM0.74 psf.

Latest Eco Business Park 3 for sale listings:

DateTypeBuilt-upPrice
29 Sep 2021Factory5,400 sfRM1,480,000
27 Jul 2021Commercial5,453 sfRM1,430,000
26 Jul 2021Factory5,400 sfRM1,480,000
14 Jul 2021Commercial2,800 sfRM1,550,000
12 Jul 2021Factory10,731 sfRM1,680,000
23 Jun 2021Factory5,400 sfRM1,430,000
8 Jun 2021Commercial2,800 sfRM1,550,000
8 Jun 2021Factory5,400 sfRM1,480,000
19 May 2021Commercial5,400 sfRM1,490,000
18 May 2021Factory6,378 sfRM2,500,000

Latest Eco Business Park 3 for rent listings:

DateTypeBuilt-upRental
16 Nov 2021Commercial3,892 sfRM3,000
29 Oct 2021Factory13,600 sfRM12,800
22 Oct 2021Factory7,800 sfRM3,500
8 Oct 2021Factory3,892 sfRM6,000
22 Sep 2021Commercial4,635 sfRM3,300
19 Sep 2021Commercial3,675 sfRM3,000
24 Aug 2021Factory-NA-RM6,500
24 Aug 2021Commercial-NA-RM9,000
16 Aug 2021Factory5,800 sfRM6,900
28 Jul 2021Factory11,700 sfRM4,300
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