SimeProp expands to Rawang


KUALA LUMPUR: Sime Darby Property Bhd (SimeProp) has expanded its industrial footprint in the Northern Klang Valley with the launch of Elmina Business Park 2, marking its strategic move into Rawang following the success of its flagship Elmina Business Park.

In a statement, the property developer said the new development, introduced in January 2026, features a mix of industrial land lots and ready-built factories.

SimeProp said the maiden launch of Phases 1A and 1B, offering a total of 19 freehold industrial land lots, has received a favourable response, with an estimated take-up of 70%.

Spanning 600 acres with a gross development value of RM1.72bil, Elmina Business Park 2 is situated approximately two km north of the existing Elmina Business Park within the established Guthrie Corridor.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Sime Darby Property , property , Rawang , expansion

Next In Business News

China Evergrande founder pleads guilty to fraud in Shenzhen court
China's export engine stutters as Iran war chills global demand
Country Heights appoints Mohd Rizal as CEO
Sum Technology signs underwriting agreement for proposed ACE Market listing
Malaysia has fiscal room to support industries amid Iran war
Mixue Group posts strong results for 2025 on expanded store footprint
Bursa Malaysia extends gains at midday amid regional rally, cautious sentiment
Milolo gets nod from Bursa for LEAP Market listing
Ryt Bank tops 1.2mil users in just over seven months
Mida Singapore sees growing investment interest in Johor

Others Also Read