by Ho Chin Kun 
When it comes to selecting industrial properties in Malaysia, there are a number of important factors to consider to ensure that you make the best decision for your business. Here are 10 key things to take note of when selecting industrial properties in Malaysia:
Location: One of the most important things to consider when selecting industrial properties is the location. Look for properties that are easily accessible by major highways and public transportation. For example, a property located near the North-South Expressway will be easily accessible for transportation of goods and for employees commuting from different areas.
Zoning: Make sure the property is zoned for industrial use and that there are no restrictions on the type of business that can be conducted on the property. For example, if you are planning to set up a manufacturing plant, look for properties that are zoned for heavy industrial use.
Size: Consider the size of the property in relation to the needs of your business. Make sure the property is large enough to accommodate your current and future needs.
Condition of the property: Look at the overall condition of the property, including the condition of the building, the utilities, and the surrounding area. Make sure the property is in good condition and that any necessary repairs or renovations are feasible. For example, if the property has an old roof that needs to be replaced, factor in the cost of the replacement when considering the price of the property.
Price: Compare prices of similar properties in the area to ensure that you are getting a fair deal. Don’t forget to factor in additional costs such as taxes, insurance, and any necessary repairs or renovations. For example, if a property is priced lower than others in the area, find out why it’s cheaper, it could be due to less desirable location or higher maintenance cost.
Amenities: Consider the amenities that are available on or near the property, such as parking, loading docks, and office space. Make sure the property has the amenities you need to run your business efficiently. For example, if you need a loading dock for receiving and shipping goods, look for a property that has one or the ability to add one.
Security: Look at the level of security provided on the property, including the availability of surveillance cameras, alarms, and security personnel. For example, if you are storing valuable equipment or sensitive materials, look for a property with a security system and on-site security personnel.
Environmental factors: Consider the potential impact of environmental factors, such as flooding or air pollution, on the property and your business. For example, if the property is located in a flood-prone area, consider the potential impact on operations and the cost of flood insurance.
Future development: Consider the potential for future development in the area and how it may impact the property and your business. For example, if a new highway is planned for construction nearby, it could increase the accessibility and value of the property.
Legal and administrative procedures: Make sure you are familiar with the legal and administrative procedures involved in buying or leasing industrial properties in Malaysia. For example, research on the process of acquiring the land, permits and licenses required, and the costs associated with it.
By taking all of these factors into consideration, you can ensure that you select an industrial property that will meet the needs of your business and provide a solid foundation for growth and success.