|
|
|
A PERFECT BUSINESS LOCATION - Centrally located at the heart of the Penang Cybercity business district, SUNTECH is surrounded by various amenities including the Penang International Airport, hotels, shopping malls, the Penang International Sports Arena (PISA) and medical centres. SUNTECH vibrant location is further enhanced by its close proximity to Penang Free Industrial Zone (FIZ) which houses Multinational Corporation (MNC) companies like Intel Corporation, Dell Inc., Motorola Inc. and Agilent Technologies.
|
SUNTECH is an advanced hi-tech hub with the ambience of the most luxury and convenient. It is fully equipped with a complete range of shared business facilities like business centre, training rooms, conference rooms, seminar rooms and is WiFi ready for the whole building.
It is fully equipped with topnotch recreational facilities including indoor gymnasium, recreational centre, sauna and steam room, garden café and cyber lounge. It is also the 1st office building with a sky-bridge link to a shopping centre with a total of 750 parking bays. The 24 hours CCTV surveillance system installed at every car park floors and lobby entrance with security control room monitoring the safety of SUNTECH tenants and guests.
SUNTECH is an intelligent building with complete Multimedia Super Corridor (MSC) infrastructures. Owing to its unique features, it has successfully attracted many MNC and MSC status companies to operate their business in SUNTECH. This is also aperfect place for foreign companies to set-up their representative office having equipped with full business facilities and low set-up cost.
The Incubation Centre in SUNTECH building provides perfect space and full services for newly set-up technology based Research & Development (R&D) companies. Those MSC status companies operate in SUNTECH can enjoy the 10 bills of guarantees. The ‘Bills of Guarantees’ include among others tax exemption for 5 years and extendable to another 5 years.
SUNTECH is a great investment opportunity with high potential capital appreciation. Many financial institutions have shown confidence towards the project by providing financing up to 85%.
Survey has shown that the demand for MSC office space with facilities equivalent to SUNTECH is increasing. Similarly the rental rate within its vicinity is also constantly rising. For some existing non-MSC status standard office space, the rental is between RM 2.80 to RM 4.50 per sq ft. Unlike SUNTECH those standard offices are without provisions of facilities and SUNTECH intelligent features. SUNTECH expected rental yield for investment is 8% to 12% with rental of between RM 2.80 to RM 3.50 per sq ft. With such rental, the office space is almost self-financing.
SUNTECH is currently under construction and will be fully operational by December 2007. SUNTECH is truly an exclusive and a distinctive MSC compliant office building in Penang.
|
