Axis Real Estate Investment Trust

The property comprises a 1½-storey warehouse together with a 3-storey office building, located at Bukit Tengah Industrial Park in Seberang Perai.

The property enjoys excellent accessibility via the North–South Expressway and is strategically located approximately 1.5 kilometres from Juru Auto City and 3.5 kilometres from Bukit Mertajam town centre. Fronting Jalan Bukit Tengah, the facility is also situated approximately 8 kilometres from the Penang Bridge interchange, providing strong regional connectivity and efficient access for logistics and distribution operations.

PURCHASE PRICE
RM59,000,000

APPRAISED VALUE
RM85,000,000

TYPE
Logistics Warehouse

ACQUISITION
DATE
15 February 2012

NUMBER OF
TENANTS
1

LAND AREA
598,452 sq ft
[55,598 sq m]

NET LETTABLE
AREA
395,225 sq ft
[36,717 sq m]

OCCUPANCY RATE
100%

TITLE
Leasehold interest for 60 years
expiring 22 Oct 2052 (1st Land)
& 19 May 2068 (2nd Land)

LAND TITLE
PN 3845 for Lot No. 5641 in the Mukim 11, District of Seberang Perai Tengah, State of Pulau Pinang.

AGE OF BUILDING
21 to 23 years

ADDRESS
No. 74, Lorong Perusahaan Utama 4
Bukit Tengah Industrial Park
14000 Bukit Mertajam
Penang

MAJOR TENANTS
DSV Air & Sea (Freight) Sdn Bhd
(formerly known as Schenker Logistics (Malaysia) Sdn Bhd)


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	Copyright © 2026 AXIS REIT MANAGERS BERHAD 200401010947 (649450-W). All rights reserved. Privacy Notice \| Disclaimer Data Protection Notice The personal data that we process and/or will process may include your name, contact details, email address, home address and mailing address and any other personal data derived from any documentation. Subject to the relevant laws, we may use your personal data for the following purposes: a. to enable us to discharge our contractual obligations; b. for data processing or reporting purposes; c. to comply with any legal and/or regulatory requirements; d. for billing and financial purposes, accounting and tax; e. to respond to your enquiries or complaint; f. to provide marketing materials about events, services and products; g. for contact purposes; and h. for any other purpose that is permitted by law and regulations. It is mandatory that you supply us your personal data so we may be able to satisfy the above purposes. If you do not provide us the personal data, we may not be able to carry out the above stated purposes. Your personal data is collected from various sources, including information you may have provided us, information from third parties and information in the public domain. We may transfer your personal data to our related entities or external service providers outside Malaysia for the above purposes. Subject to the requirement under the Act, if you would like to make any enquiries or complaints or request access or correction of your personal data, please contact us in writing using any of the following modes: Mailing Address : Penthouse, Menara Axis, No. 2 Jalan 51A/223, Petaling Jaya, 46100 Selangor, Malaysia Telephone No : +603 7958 4882 Fax No : +603 7957 6881 Email Address : info@axis-reit.com.my We may disclose your personal data to the following parties for the purposes stated above: a. our subsidiaries, related and associated companies; b. the supervisory, governmental or relevant authority; c. auditors, solicitors, professional advisors, insurer and financial institutions; and d. any person which we may engage for the purpose of performing or in connection with the performance of services or operational functions which have been outsourced. You hereby consent to the processing of your personal data in accordance with all of the foregoing. We will seek your consent before using your personal data for purposes other than those stated above. Disclaimer The information contained in this website is provided for information purposes only and in no way constitutes an offer of services or solicitation. You should rely on your own evaluation to assess the merits and risks of any investments. If you are in doubt, you should consult your professional advisers immediately. Past performance of Axis REIT is not indicative of future performance of Axis REIT. Axis REIT declines any responsibility with respect to direct or indirect damages or consequences of the inaccuracy of information included in the website, nor for any actions taken in reliance thereon. This website may contain certain forward looking statements. These forward looking statements are based upon current assumptions and beliefs in light of the information currently available, but involve known and unknown risks and uncertainties. You are cautioned not to place undue reliance on these forward looking statements, which are based on current view of management on future events. Axis REIT actual actions or results may differ materially from those discussed in the forward looking statements and Axis REIT undertake no obligation to publicly update any forward looking statements. Privacy Notice English \| Bahasa Malaysia (Updated as of 26 July 2023) Axis REIT Managers Berhad, being the management company of Axis Real Estate Investment Trust (“Axis-REIT”) is committed to ensure the processing of personal data by us is in accordance with the Personal Data Protection Act 2010 (“PDPA”). This notice is issued pursuant to PDPA’s requirement to all persons who enter into any dealing or transaction(s) with Axis-REIT. The personal data that we process and/or will process may include your name, contact details, e-mail address, home address and mailing address and any other personal data derived from any documentation and such necessary data regarding yourself and your transaction(s) with us. Subject to the relevant laws, we may use your personal data for one or more of the following purposes: To establish your identity and background; To enable us to discharge our contractual obligations; For data processing or reporting purposes; To comply with any legal and/or regulatory requirements; For billing and financial purposes, accounting and tax; To respond to your enquiries or complaints; To provide marketing materials about events, services and products; For contract purposes; For other purposes as you have consented or directed by you or otherwise in connection with your access to and use of information and materials in this website; and For any other purposes that is required or permitted by any law, regulations, guidelines and/or relevant regulatory authorities. We only collect personal data that is necessary to perform our functions and activities in the course of our dealings with you. It is obligatory that you supply us your personal data where required so that we may be able to satisfy the above purposes. If you do not provide us the personal data or consent to certain use of your personal data, we may not be able to carry out the above stated purposes. Your personal data is collected from various sources, including information you may have provided us, information from third parties and information in the public domain. We may transfer your personal data to our related entities or external service providers outside Malaysia (if any) for the above purposes. Subject always to our contractual rights and obligations under relevant laws and regulations, you may: Request to have access to your personal data in our possession; Request to correct your personal data where you are of the opinion that such personal data held by us is inaccurate, incomplete, misleading or where relevant, not up-to-date; Request us to limit the processing of your personal data; Exercise your choice in respect of the use or the extent of use of your personal data, including personal data relating to other persons who may be identified from that personal data; or Withdraw your consent for us to process your personal data. Any of your above requests may be made to: Rebecca Leong Head of Compliance, Compliance Department Mailing address: Axis REIT Managers Berhad Penthouse, Menara Axis No. 2 Jalan 51A/223 46100 Petaling Jaya Selangor Darul Ehsan, Malaysia Telephone No: 603-7958 4882 Fax No: 603-7957 6881 E-mail Address: pdpa@axis-reit.com.my In relation to any such request, you should provide your full name, address, phone number and provide brief details of the information you want a copy of or information that you want to have corrected (as the case may be). We will use our best efforts to comply with your request to access or correct your personal data within 21 days of receipt of your request and the relevant processing fee (if applicable and where permitted under the applicable law). Kindly note that we may withhold access to your personal data if we are unable to verify your identity or where information requested for is confidential commercial information, or if the burden or expense of providing access is disproportionate to the risks to your privacy. We may also decline to comply with your data correction request if you have not supplied us with such information as we may reasonably require to ascertain in what way the personal data to which the data correction request relates is inaccurate, incomplete, misleading or not up-to-date. Where applicable, we will inform you of the reasons for refusing your request(s). We may disclose your personal data to the following parties: Our subsidiaries, related and associated companies; The supervisory, governmental or relevant authorities; Auditors, solicitors, professional advisors, insurers and financial institutions; and Any person which we may engage for the purpose of performing or in connection with the performance of services or operational functions which have been out-sourced. We take these measures to protect your personal data: By ensuring your personal data is kept as required by the PDPA; and By ensuring that our employees do not misuse your personal data. We will retain your personal data for as long as you have dealings with us and we will not keep your personal data longer than necessary. By providing us your personal data, you hereby consent to the processing of your personal data in accordance with all of the foregoing. We will seek your consent before using your personal data for purposes other than those stated above. In the event of any inconsistency between the English version and Bahasa Malaysia version of this notice, the English version shall prevail over the Bahasa Malaysia version. This Privacy Notice may be amended from time to time and the updated version shall supersede all previous versions (including physical copies, if any). You are encouraged to check our website periodically for our most up-to-date Privacy Notice. (Dikemaskini pada 26 Julai 2023) Axis REIT Managers Berhad sebagai syarikat pengurusanAxis Real Estate Investment Trust ("Axis-REIT") komited untuk memastikan pemprosesan data peribadi oleh kami adalah mengikut Akta Perlindungan Data Peribadi 2010 (“PDPA”). Notis ini dikeluarkan menurut keperluan PDPA kepada semua orang yang memasuki sebarang urusan atau transaksi dengan kami dan/atau Axis-REIT. Data peribadi yang diproses oleh kami atau akan diproses oleh kami mungkin termasuk nama anda, butir-butir hubungan, alamat e-mel, alamat kediaman dan alamat surat-menyurat dan apa-apa maklumat peribadi lain yang diperoleh daripada mana-mana dokumentasi dan data yang diperlukan berkenaan diri dan transaksi anda dengan kami. 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Seberang Prai Logistics Warehouse 3