Property Insight > News release > Sime Darby Property XME Business Park marks MVV milestone More than 50% of Phase 1 already taken up.

Sime Darby Property XME Business Park marks MVV milestone More than 50% of Phase 1 already taken up.

Nilai Impian, 4 February 2020 – Sime Darby Property Berhad 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.

Set amidst a gated and guarded environment with ample green lungs and versatile designs, XME Business Park sprawls over 69.72 acres of prime, freehold land in the mature and established township of Nilai Impian.

(from left) Director of Investment Sime Darby Property and chief executive officer of Malaysia Vision Valley 2.0, Datuk Redza Rafiq, Acting group chief executive officer Sime Darby Property, Dato’ Wan Hashimi Albakri W.A.A Jaffri, State Secretary, YB Dato’ Dr. Razali Abdul Malik, Menteri Besar Negeri Sembilan, YAB Dato’ Seri Haji Aminuddin bin Harun State speaker, YB Dato’ Zulkefly Mohamad bin Omar, State Investment, Industry, Entrepreneurship, Education and Human Capital committee chairman Dato’ Dr Mohamad Rafie bin Ab Malek.

The business park will be the first Managed Industrial Park in Negeri Sembilan, with a Gross Development Value of RM520mil. It is gated and guarded with 24-hour security, providing a secure environment to the user and a well-maintained common area.

The ceremony was officiated by Negeri Sembilan Menteri Besar Dato’ Seri Aminuddin Harun. State Speaker Dato’ Zulkefly Mohamad Bin Omar, State Secretary Dato’ Dr Razali Bin Ab Malik, and State Investment, Industry, Entrepreneurship, Education and Human Capital committee chairman Dato’ Dr Mohamad Rafie bin Ab Malek were also at the event.

Sime Darby Property Acting Group Chief Executive Officer Dato’ Wan Hashimi Albakri said the XME Business Park is strategically 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,” said Wan Hashimi.

The XME Business Park is a pioneer managed industrial development in MVV 2.0 and it will set the standard for industrial parks in Negeri Sembilan. Comprising of 149 units, the park will be developed over two phases.

Phase 1, launched in December 2019, consists of 75 units of semi-detached and detached types with built up ranging from 5,600 sq ft up to 29,000 sq ft to cater to the different needs of users with pricing from RM2.5mil to RM18.5mil. Phase 1 has a Gross Development Value of RM307mil and is targeted to complete by November 2021.

So far, half of the first phase has been taken up within a month of its soft launch with interest pouring in from different business industries from logistics and warehousing, food & beverage (central kitchens), engineering, food processing and packaging and metal fabrication.

The business park is also 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.

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