From Logistics To Property

When we think of Tiong Nam, we think logistics but given its extensive logistics network, the venture into the property field is probably a natural progression.

Executive Director Victor Ong related that Tiong Nam Properties Sdn Bhd (Tiong Nam Properties) had started in small-scale building and leasing of warehouses before diversifying into property development in 2009 to expand on its true value and potential. To date, the company holds a portfolio comprising industrial, commercial and residential properties with a primary focus on industrial property development. Its development footprint has extended to major states in the country including Johor, Kuala Lumpur and Selangor as well as neighbouring Asian countries of Singapore and Thailand.

Project Showcase

The company’s development projects are mainly situated in the state of Johor. Among some of the  industrial projects launched include a number of Tiong Nam Industrial Parks comprising shop offices, semi-detached, clustered and corporate factories located in Kempas, Johor Bahru and Senai.

Within the Southern Industrial and Logistics Clusters (SiLC), a clean, green managed industrial park in Iskandar Puteri (formerly Nusajaya) , Johor, the company has launched two developments namely Tiong Nam SiLC 5, a development featuring premium three-storey and four-storey shop offices and SiLC 6 which consists of contemporary double storey semi-detached factory premises.

The PTP Residence at Port of Tanjung Pelepas, Johor consists of walk-up apartment buildings while Pinetree Hotel represents a commercial development project in Batu Pahat, Johor.

Going beyond the state of Johor, the company has successfully launched its flagship property projects featuring detached and semi-detached factories in Petaling Jaya and Shah Alam. Due to its central location, unrivaled connectivity and other favourable characteristics, the PJ industrial park has reached full occupancy rate while the Shah Alam industrial park enjoys an occupancy rate close to 90% .

Project Features

Since its inception, the property development segment has contributed significantly to the company’s financial performances. With a sound financial position and business network, Tiong Nam Properties has a great reputation for achieving a 100% completion rate for its projects. An emphasis on project quality, reliability and prompt delivery coupled with competitive pricing has been the driving force behind its success as Tiong Nam continues to seek new ventures and opportunities for growth in a competitive market. For Tiong Nam development projects, the aphorism ‘location, location, location’ holds true as reflected in the locations of its projects which are prime with high levels of accessibility to transport infrastructure and close proximity to major amenities.

Pinetree Marina Resort

Situated in Puteri Harbour, an exclusive development of IskandarMalaysia, Pinetree Marina Resort (Pinetree) represents Tiong Nam Properties’ first residential project. Pinetree is an exclusive 2-tower development with one tower consisting of 25-storey serviced residences and the other being a hotel tower. Building with the marina in the foreground, the luxury resort lifestyle home is complete with a wide array of facilities along with a commercial podium comprising shopping, entertainment and dining outlets.

The development stands out for its excellent accessibility to major transport links and connectivity to key amenities of the Iskandar region including the SiLCs, Legoland, Medini Mall, Medical City and the fully integrated education hub, EduCity. It also benefits from Puteri Habour’s premier waterfront marina precinct that offers a host of leisure, retail and commercial activities.

Pinetree nestles in the Jewel of Iskandar Puteri (Nusajaya) in Iskandar Malaysia and has great economic potential as Iskandar Malaysia’s proposition as a thriving business and commercial hub continues to grow.

Tiong Nam Industrial Park @ SiLC 7

Tiong Nam Properties’ current focus is on SiLC 7 located Northwest of Iskandar Puteri, another huge commercial development project that features 128 units of three storey and four storey premium shop offices spanning an area of 13.3 acres of freehold land.

Executive Director Victor expresses his confidence in the project because of its strategic intimacy with SiLC’s economic location, unparalleled connectivity and potential expandability which will provide a driver for growth and enhanced property value for long-term gains. Southern Johor will also be transformed into a regional hub under Iskandar Malaysia and there are investment opportunities for this project.