14 Commercial Properties for Rent at Krystal Point

Krystal Point is a mature leasehold commercial property strategically located along Jalan Sultan Azlan Shah Bayan Lepas, Penang. The development is in the heart of the global industrial, parks and growing neighbourhood of Bukit Jambul, adjacent to the second phase of the development known as Krystal Point Corporate Park and facing the famous Bayan Baru roundabout. With these landmarks in close proximity, locating Krystal Point is an easy feat and definitely a worthy property for businesses as it has excellent exposure to traffic coming in from the expressway as well as from Jalan Sultan Azlan Shah. Developed by Rich Entrepreneur Sdn Bhd, Krystal Point was completed in 2005 (14 years ago) and has since almost always been fully occupied. Strategically located at the roundabout where Jalan Tun Dr Awang, the Sungai Nibong Highway and access way to Jalan Sultan Azlan Shah meet, the property enjoys high visibility as these roads are frequently travelled by those going to and coming from Bayan Lepas. Moreover, the Sungai Nibong Highway connects to Tun Dr Lim Chong Eu Expressway towards the east and Jalan Tun Dr Awang to the west. Via these access roads, inhabitants can find themselves in Georgetown and at the southern part of the island within a 15-20 minute drive while the first Penang bridge is also not too far off, taking drivers about 5 minutes from Krystal Point. For the public transport enthusiast, nearest bus stop is along Jalan Sultan Azlan Shah. Standing 5-storeys tall in a single block complex, Krystal Point is divided into commercial shop lots on its ground floor while offices occupy the remaining four upper floors. Units at the property range from sizes of between 820 sqft to 3,183 sqft wit sub-sale pries starting from RM300,000 and monthly rental yield between RM1,600 to RM13,500 depending on the built-up chosen. Ground floor commercial lots commonly come at a higher asking price given the development’s prime location within a wide population catchment area. With 24-hour security, business owners peace of mind is guaranteed as well as the ample amount of open space parking bays as well as indoor parking bays will ensure both customers and employees are able to park their vehicles with ease. Units at Krystal Point are occupied by a wide range of businesses from convenience stores like 7 Eleven and Happy Mart to a bakery, restaurants, clinics, hair salons and more which increases convenience for residents of nearby apartments and condominiums, employees of businesses operating in the offices above and to those in the Bayan Lepas area. The food and beverage outlets such as Wagyu O Japanese BBQ Shabu Shabu, Mizi Bistro, Domino’s Pizza, Ssambap Korean Restaurant, Shang Place and more caters to the lunch-hour crowd on weekdays, comprising those working in the corporations and factories nearby. There is as well a well-frequented church in the complex called the Tabernacle of Grace, Penang where the nearby locals commonly frequent. Courier services like DHL Express are as well present in the development. Unfortunately, there are limited information available in regard to the launching of Krystal Point as this commercial property is quite a matured one in the Bayan Lepas district of Penang. Should you find Bayan Lepas an area of interest to you for an investment or to live in, the following residential properties are worth taking a look at; Tropicana Bay Residences @ PWC, Setia Pinnacle, Tree Sparina @ Ideal Vision Park, Summerton Bayan Indah, The Clovers and SummerSkye Residences. Bayan Lepas surely has a good mix of older to newer properties that cater from low to medium cost and high end. As for commercial properties nearby, interested parties can consider the following properties nearby; I-Avenue, Queensbay Mall and Sri Relau Complex for business or employment opportunities.