Greater Kota Kinabalu leads industrial property mart

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Kota Kinabalu: When PropNex, a Sabah real estate agency won the “Industrial Real Estate Firm of the Year” organised by the Malaysian Institute of Estate Agents (MIEA) in April, it shows that the property market for industrial property is vibrant as more investors set up shops.

Sabah’s most active secondary market for industrial lands and buildings for Small and Medium Enterprises or SMEs and logistics is in the State Capital and its Greater Kota Kinabalu satellite districts of Penampang, Putatan and Tuaran.This is because Greater Kota Kinabalu is the main goods distribution hub for Sabah, maintaining that industrial properties with good accessibility and in proximity to centres of activities will continue to be in demand.

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