Compare new vs old factory options in Hicom Glenmarie for 2026. Learn renovation costs (RM 10k–RM 500k), rental rates (RM 1.30–RM 1.80 psf), sale prices (RM 394–RM 860+ psf), and ROI analysis. Expert guide for tenants and investors.
The Hicom Glenmarie industrial market remains active in 2026, with pricing reflecting the area's strategic location within the Klang Valley logistics corridor. According to market data from PropertyGuru listings and industry reports, here are the current benchmarks:
| Property Type | Location | Built-Up (sqft) | Monthly Rent (RM) | Rent PSF BU (RM) | Key Features |
|---|---|---|---|---|---|
| Detached Factory | Temasya Industrial Park, Glenmarie | 18,860 | 21,000 | ~1.11 | 200 Amps, 1-month free renovation, Near LRT |
| Semi-Detached Factory | Hicom Glenmarie | 13,943 | ~18,000–22,000 | ~1.29–1.58 | Standard industrial specs |
| Corner Lot Factory | Hicom Glenmarie Industrial Park | 30,000+ | ~45,000–55,000 | ~1.50–1.83 | Large land area, high visibility |
| Warehouse | Hicom Glenmarie | 18,706 | 50,000 | ~2.67 | Prime logistics location |
| Warehouse | Hicom Glenmarie | 13,465 | 42,500 | ~3.16 | Smaller unit, premium finish |
Note: Market rates vary. Contact 016-666 6872 for current quotes.
| Property Type | Price Range (2026) | Notes |
|---|---|---|
| Detached Factory (Sale) | RM 40,000,000 (RM 726.10 psf BU) | High-end, prime location |
| New Factory (Rent, Klang reference) | From RM 29,000/month | Grade A, modern specifications |
| Older Factory (Rent, Klang reference) | Lower than new; renovation cost RM 400k–500k | Requires significant capital expenditure |
Source: PropertyGuru listings and market data. Sale prices for detached factories typically range RM 350–RM 700 psf BU; industrial land RM 50–RM 200 psf land.
Hicom Glenmarie's pricing is supported by:
This is the core industrial zone, offering a mix of detached, semi-detached, and terrace factories. It benefits from direct access to ELITE and KESAS highways.
A newer, more modern industrial park within the Glenmarie area. Features include higher power capacity (200 Amps), near LRT stations, and modern specifications.
Adjacent to Hicom Glenmarie, part of the broader Shah Alam industrial belt. Offers older stock but lower entry prices.
| Zone | Rental Range (RM psf BU) | Sale Range (RM psf BU) | Typical Tenure | Key Highway Access | Tenant Profile |
|---|---|---|---|---|---|
| Hicom Glenmarie Industrial Park | 1.30–1.80 | 394–860 | Leasehold 60–99 years | ELITE, KESAS, NKVE | Automotive, engineering, logistics |
| Temasya Industrial Park | 1.10–2.00 | 350–700 | Leasehold 60–99 years | KESAS, ELITE | SMEs, light manufacturing, warehousing |
| Glenmarie U1 (Seksyen U1) | 1.00–1.40 | 250–450 | Leasehold 60–99 years | NKVE, ELITE | SMEs, light manufacturing |
Note: Market rates vary. Contact 016-666 6872 for current quotes.
Standalone units with high land-to-building ratios. Ideal for heavy manufacturing or businesses requiring large, unobstructed floor space.
Paired units sharing a common wall. More affordable than detached, suitable for medium-scale operations.
Row units, typically the most cost-effective option. Common for light manufacturing, warehousing, and assembly.
Purpose-built storage facilities. Demand is driven by e-commerce and logistics sectors.
| Renovation Scope | Estimated Cost (RM) | Typical Duration |
|---|---|---|
| Basic (painting, lighting, minor electrical) | 10,000–30,000 | 1–2 weeks |
| Moderate (office fit-out, additional power points) | 30,000–60,000 | 2–4 weeks |
| Major (3-phase power installation, fire safety upgrades) | 60,000–100,000+ | 4–8 weeks |
Key advantage: Newer factories typically have modern electrical systems, proper drainage, and fire safety compliance, reducing renovation needs.
| Renovation Scope | Estimated Cost (RM) | Typical Duration |
|---|---|---|
| Basic (painting, lighting, minor electrical) | 30,000–50,000 | 2–4 weeks |
| Moderate (office fit-out, drainage repair, electrical upgrade) | 50,000–150,000 | 4–8 weeks |
| Comprehensive (structural repairs, 3-phase power, fire safety, drainage overhaul) | 400,000–500,000 | 8–16 weeks |
Key disadvantage: Older factories may require RM 400,000–RM 500,000 for comprehensive renovation, including structural upgrades, fire safety compliance, and 3-phase power installation.
| Factor | New Factory | Old Factory (After Renovation) |
|---|---|---|
| Renovation Cost | Low (RM 10,000–RM 100,000+) | High (RM 400,000–RM 500,000) |
| Time to Occupancy | 1–4 weeks | 8–16 weeks |
| Rental Income Potential | Higher (modern specs command premium) | Moderate (after renovation, can match new) |
| Maintenance Costs | Lower | Higher (ongoing repairs) |
| Resale Value | Higher (modern design) | Moderate (depends on renovation quality) |
Bottom line: For businesses with limited capital, a newer glenmarie factory for rent is more cost-effective. For investors seeking a glenmarie industrial park factory for sale, an older factory with renovation potential can offer higher ROI if renovation costs are carefully managed.
Hicom Glenmarie's strategic location is its strongest asset. The area is served by three major highways:
| Destination | Distance | Estimated Travel Time |
|---|---|---|
| Port Klang | 25 km | 25–30 minutes via ELITE |
| KLIA | 45 km | 40–45 minutes via ELITE |
| Kuala Lumpur City Centre | 20 km | 20–25 minutes via NKVE |
| Shah Alam City Centre | 10 km | 15–20 minutes via KESAS |
| Subang Jaya | 8 km | 10–15 minutes via KESAS |
Many tenants assume the 1-month free rent period is sufficient for renovation. However, major renovations (fire safety upgrades, 3-phase power installation) can take 8–16 weeks and cost RM 400,000–RM 500,000 for older factories. Always budget for renovation costs and timeline.
Hidden costs can add 20–30% to your budget. Beyond base rent, factor in:
Older factories may have insufficient power capacity for modern machinery. Upgrading to 3-phase power can cost RM 50,000–RM 100,000+. Always verify power capacity before signing.
Ensure the property is zoned for your intended use. Some factories in Hicom Glenmarie are zoned for light manufacturing only, which may restrict heavy industrial activities.
Many landlords are willing to negotiate on rental rates, free rent periods, and renovation allowances. Don't accept the first offer.
The Hicom Glenmarie industrial market remains robust in 2026, driven by:
Renovation costs range from RM 10,000 to RM 100,000+, depending on the scope of work. Basic renovations (painting, lighting, minor electrical) cost RM 10,000–RM 30,000. Major renovations (fire safety upgrades, drainage, 3-phase power installation) can exceed RM 100,000. Many landlords offer 1 month free rent for renovation, but this is typically insufficient for major works. Older factories may require RM 400,000–RM 500,000 for comprehensive renovation.
Legal fees for Tenancy Agreement review typically range from 0.5%–1% of the property price. Other costs include stamp duty (governed by LHDN), security deposit (2–3 months' rent), utility deposits, and legal fees for the Tenancy Agreement. Always engage a lawyer to review the agreement.
Hicom Glenmarie factories rent at RM 1.30–RM 1.80 psf (leasehold, 60–99 years), while UEP Subang factories typically rent at RM 1.80–RM 2.50 psf. Hicom Glenmarie offers better value for budget-conscious tenants, while UEP Subang provides newer, more modern facilities. Both areas have excellent highway access via KESAS, ELITE, and NKVE.
Hidden costs can add 20–30% to your budget. These include:
Renting is better for businesses with limited capital or those needing flexibility. Buying is better for long-term investors seeking capital appreciation. Sale prices range from RM 394 psf to over RM 860 psf built-up, while rental rates are RM 1.30–RM 1.80 psf built-up. Consider your business needs, capital availability, and investment horizon.
Most factories in Hicom Glenmarie are leasehold with tenures of 60–99 years. This is standard for the area and should be factored into your investment decision.
Choosing between a new vs old factory in Hicom Glenmarie depends on your budget, timeline, and operational needs. Newer factories offer lower renovation costs and faster occupancy, while older factories can provide higher ROI if renovation costs are carefully managed. With rental rates at RM 1.30–RM 1.80 psf built-up and sale prices ranging from RM 394 psf to over RM 860 psf built-up, Hicom Glenmarie remains a prime industrial location in the Klang Valley.
For personalised advice on finding the right glenmarie factory for rent or factory shah alam seksyen U1 property, contact our team at 016-666 6872. We specialise in industrial properties in Hicom Glenmarie and can help you navigate the market, negotiate terms, and avoid common pitfalls.
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