Tanjong Malim Hi-Tech Park Launches With MYR 1.4B GDV

Tanjong Malim Hi-Tech Park has entered Perak’s industrial property market with a 447-acre development carrying an estimated gross development value of MYR 1.4 billion. Setia Awan Land Sdn Bhd launched the project near Proton City along the Automotive High-Tech Valley growth corridor, positioning the site as a location for industrial, commercial, and supporting facilities. The development is designed to accommodate businesses establishing operations or expanding their presence in Tanjong Malim, with infrastructure and related services intended to support those activities. The project therefore combines industrial land availability with facilities aimed at supporting the broader business ecosystem around the automotive-focused corridor.

First Phase Reaches 50% Take-Up

The first phase covers 42.1 hectares and offers industrial plots of at least five acres for sale or lease. Setia Awan said the phase is already 50% taken up, indicating that a portion of the available industrial capacity has been committed during the initial stage. Ningbo Fresh Technology Co Ltd and Sheentech Automotive Systems Sdn Bhd are among the investors identified in connection with the development. Their participation provides concrete examples of businesses establishing a presence within the park as the project moves beyond its launch stage. The remaining land will provide additional capacity for companies seeking industrial space in Tanjong Malim.

Industrial Support and EV Charging Plans

Setia Awan said the park is intended to support companies as they establish or expand operations in Tanjong Malim, with infrastructure and related services forming part of the development proposition. The company also expects a collaboration with an EV charging provider to install charging facilities with a total capacity of five megawatts at the park. The provider was not identified in the announcement. The planned charging infrastructure adds an electric-mobility element to the site’s supporting facilities, while the industrial plots and related services are intended to broaden the facilities available to businesses operating within the development. These elements form part of the park’s planned business infrastructure.

Industry Impact & Outlook

The development expands industrial capacity along the Automotive High-Tech Valley growth corridor and could provide additional space for businesses establishing or expanding operations in Tanjong Malim. The 50% take-up reported for the first phase, together with participation from identified investors, indicates that the park is already attracting industrial occupants. Its planned five-megawatt EV charging capacity also introduces charging infrastructure into the development’s supporting facilities. The next stages will depend on continued industrial plot commitments, business expansion activity, and implementation of the planned charging facilities, with the project’s relevance centered on industrial development around the Tanjong Malim automotive-focused corridor.

Frequently Asked Questions

What is the size and value of the Tanjong Malim development?
The project covers 447 acres and has an estimated gross development value of MYR 1.4 billion, with its location near Proton City along the Automotive High-Tech Valley growth corridor. The first phase spans 42.1 hectares and provides industrial plots of at least five acres for sale or lease. Setia Awan said this initial phase is 50% taken up, with Ningbo Fresh Technology Co Ltd and Sheentech Automotive Systems Sdn Bhd among the investors. The company also expects an EV charging collaboration delivering facilities with five megawatts of total capacity at the park.