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Sunway REIT Industrial – Shah Alam 1


Sunway REIT Industrial – Shah Alam 1 (SRISA 1) is strategically located within the prime industrial hub of Section 23, Shah Alam, which houses many established international logistics and manufacturing companies.

Easily accessible via three major highways – the Federal Highway, North-South Expressway Central Link (ELITE) and Shah Alam Expressway (KESAS) – SRISA 1 is approximately 45 minutes away from Kuala Lumpur International Airport (KLIA) and Port Klang, the largest container port in Malaysia and the 12th busiest in the world.

SRISA 1 is leased to DCH Contract Manufacturing Sdn Bhd, part of a reputable group of companies listed on the Hong Kong Stock Exchange. The lessee offers end to-end solutions for fast-moving consumer goods (FMCG) companies, ranging from product development and manufacturing to warehousing and distribution services.

* All information as at 31 December 2022 unless otherwise stated.

Date of Acquisition

1 August 2017

Acquisition price

RM 0 million

Land Area (sq.ft.)


Value per sq.ft.

RM 0

Gross Floor Area (sq.ft.)


Appraised Value

RM 0 million

Capitalisation Rate - Current/Reversionary (%)

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Master Lease Details

Master Lessee

DCH Contract Manufacturing Sdn Bhd


RM6.2 million per annum

Rental Basis

Triple-Net lease

Rental Uplift

The rent is subject to review every 3 years and the next review date shall be 1 January 2022. At each rent review date, the rent shall be increased to the greater of the then prevailing fair market value and CPI adjustment, subject to a cap on the increase of 10%.


Initial term – expires 31 December 2034

Renewal term – automatically extended for one further term of 5 years on the same terms and conditions unless the Lessee gives written notice to the Lessor not less than 18 months prior to the end of the Initial Term that it does not wish to extend the term or that it wishes to extend the term for the period in excess of five years but less than or equal to 15 years

Lot 6, Persiaran Perusahaan, Section 23,
40300 Shah Alam, Selangor Darul Ehsan, Malaysia

+603 5541 0651

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