Tiong Nam Industrial Park 2, Section 15, Shah Alam

Tiong Nam Industrial Park 2 (also known as Taman Perindustrian Tiong Nam 2) is a leasehold industrial park that is located in Section 15, Shah Alam. The built-up available at this property is 10,637 sf to 21,790 sf. It was developed by Tiong Nam Properties Sdn Bhd.

Tiong Nam Properties Sdn Bhd is a privately held small real estate organization, and it has constructed around 4 real estate projects in Malaysia. Other similar projects by the same developer are Tiong Nam Industrial Park and Tiong Nam Industrial Park.

Property Type
Industrial Park
Land Tenure
Leasehold
Built-up
10,637 sf - 21,790 sf
Market Price
RM5,960,000 - RM13,510,000
Total Units
-NA-
Completion Date
-NA-
Launch Price
-NA-

This industrial park has some amenities nearby, for example schools, universities and hospitals. The following are some main schools here:

As for universities, there are Open University Malaysia (Shah Alam Learning Centre) and Uipm University International.

The current rental yield of Tiong Nam Industrial Park 2 is around 4.89%, compared to 3.49% 2 years ago in Q4 2020. The highest rental yield ever recorded was 4.89% in Q4 2022; while the lowest one was 2.9% in Q2 2021. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (land area) combination at Tiong Nam Industrial Park 2 is 10,637 sf with a median price of RM560 psf. For price wise, the most expensive one is 21,790 sf with a median price of RM620 psf; while the cheapest one is 18,994 sf with a median price of RM450 psf.

Latest Tiong Nam Industrial Park 2 sale listings:

DateProperty TypeBuilt-upPrice
19 Jan 2024Factory18,300 sfRM13,500,000
28 Nov 2023Factory18,377 sfRM13,500,000
15 Nov 2023Factory8,858 sfRM6,300,000
15 Nov 2023Factory8,858 sfRM5,800,000
26 Oct 2023Factory18,300 sfRM13,500,000
12 Oct 2023Factory18,000 sfRM13,500,000
21 Sep 2023Factory8,858 sfRM6,050,000
21 Sep 2023Factory8,858 sfRM6,000,000
13 Sep 2023Factory11,929 sfRM8,500,000
17 Jul 2023Factory18,300 sfRM13,500,000

Latest Tiong Nam Industrial Park 2 rental listings:

DateProperty TypeBuilt-upRental
25 Mar 2024Factory9,000 sfRM23,000
22 Feb 2024Factory8,859 sfRM25,000
10 Feb 2024Factory8,859 sfRM23,500
24 Jan 2024Factory8,858 sfRM22,000
28 Nov 2023Factory18,377 sfRM55,000
26 Sep 2023Factory8,859 sfRM23,500
21 Sep 2023Factory8,859 sfRM24,000
21 Sep 2023Factory8,859 sfRM25,000
6 Jun 2023Factory8,858 sfRM21,000
6 Jun 2023Factory8,858 sfRM19,000
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