NILAI IMPIAN: Sime Darby Property Bhd has kickstarted the first project under the Malaysia Vision Valley 2.0 development with the groundbreaking of XME Business Park in Nilai Impian, Negeri Sembilan.
With a gross development value of RM520mil, the business park sprawls over 69.72 acres of freehold land in the mature township and will be the first managed industrial park in the state. It is gated and guarded with 24-hour security, providing a secure environment to the user and a well-maintained common area.
According to Sime Darby Property Bhd group CEO Datuk Wan Hashimi Albakri, the XME Business Park is located at the gateway of Negeri Sembilan and Malaysia Vision Valley 2.0.
“The MVV development begins in earnest with the XME Business Park. We are confident of the park doing well due to its great location and the impending enhancements to the infrastructure with major projects such as the East Coast Railway Line,” he said.
Comprising 149 units, the XME Business park is a pioneer managed industrial development in MVV 2.0, and will be developed over two phases. Phase one, launched in December 2019, consists of 75 semi-detached and detached units with built-ups ranging from 5,600 sq ft to 29,000 sq ft. They are catered to the different needs of users with pricing from RM2.5mil to RM18.5mil. Phase one has a gross development value of RM307mil and is targeted to be completed by November 2021.
So far, half of the first phase was taken up within the month of its soft launch with interest pouring in from different business industries such as logistics and warehousing, food and beverage (central kitchens), engineering, food processing and packaging, and metal fabrication.
The business park is connected to major highways like the North-South Expressway, Elite Highway and LEKAS Highway, with easy access to KL up north, KLIA and Putrajaya to the east, Seremban, Johor, and Singapore down south. It is also located in a prominent location with high visibility from the North-South Expressway, which is one of the busiest highways in the country.