Office Lot in Krystal Point Corporate Park, Bayan Lepas | For Rent & Sale
Krystal Point Corporate Park is a prominent commercial development located in Bayan Lepas, Penang. It is part of a larger mixed-development project that also includes Krystal Villa and Krystal Suites.
Location and Accessibility
- Prime Location: The corporate park is strategically located in the heart of the global industrial parks and the growing neighborhood of Bukit Jambul and Sungai Nibong.
- High Visibility: It is situated at the bustling roundabout where Jalan Tun Dr. Awang, the Sungai Nibong Highway, and Jalan Sultan Azlan Shah intersect, providing excellent exposure to heavy traffic.
- Connectivity: It offers easy access to major roads and highways, including the Tun Dr. Lim Chong Eu Expressway, making it convenient to travel to Georgetown, the Penang International Airport, and the Penang Bridge. The airport is approximately a 10-minute drive away.
- Public Transport: Public transportation is readily available, with several Rapid Penang bus routes (303, 304, 305, 306, 308, and 705) passing through Jalan Sultan Azlan Shah.
Office Lot Details
- Property Type: Office lots are housed within a 5-storey building. The ground floor is typically used for commercial shop lots, while the upper four floors are dedicated to offices.
- Built-up Areas: The built-up size of the office units varies, generally ranging from approximately 820 sq ft to over 3,000 sq ft. Some units are available as single lots, while others are offered as adjoining units for larger spaces.
- Condition: Many of the units available for sale or rent are pre-owned and may come partially or fully furnished with amenities like air-conditioners, carpeting, and partitions, which are often installed by previous tenants. Some units have also been renovated.
- Tenure: The property has a leasehold tenure.
Amenities and Facilities
- Security: The building is equipped with 24-hour security and CCTV surveillance for the peace of mind of tenants and visitors.
- Lifts: The entire building is served by five lifts.
- Parking: Ample open-air and indoor parking bays are available.
- Surrounding Businesses: The corporate park has a wide range of businesses, including convenience stores (like 7-Eleven), restaurants, clinics, hair salons, and courier services, which provide convenience for employees and the local community.
- F&B Outlets: There are numerous food and beverage outlets within walking distance, catering to the lunch-hour crowd and ensuring a steady flow of people.
Suitability and Investment Potential
Krystal Point Corporate Park is considered a good location for businesses due to its central location and high visibility. It is particularly suitable for offices, showrooms, and retail businesses that benefit from a bustling commercial environment. The property also appears to provide a good rental yield, making it an attractive investment opportunity. However, potential buyers should be aware that it is a leasehold property.
KRYSTAL POINT CORPORATE PARK @ Properties
Frequently asked question
Rental prices vary significantly based on size, floor level, furnishing, and condition. Based on recent listings, prices can range from approximately RM1,500 to over RM11,000 per month.
Yes, the office lots are suitable for a wide range of businesses, including corporate offices, tuition centers, showrooms, and more. The ground floor shop lots are also popular for F&B outlets and retail businesses due to their high visibility.
Yes, Krystal Point Corporate Park provides ample parking, including open space and indoor parking bays.
The area is a bustling commercial hub with excellent road frontage. While traffic is generally smooth during the day, it can be heavy and congested during peak hours, particularly during lunch and after work.
Krystal Point Corporate Park is a leasehold property.
Units are available in various conditions. You can find basic units that require full furnishing, partially furnished units with essential items like air-conditioners and partitions, and fully furnished units that are ready for immediate move-in.
It is recommended to contact a local real estate Shijie Property Agents (+6013 - 481 7777, +6018 - 398 7777) specializing in commercial properties in Penang. You can also browse various Malaysian property listing website https://www.shijieproperty.com.my/.
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