Discover how business park in Malaysia boost the economy by attracting investment, supporting industries, reducing costs, and fostering innovation and growth.
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Business parks in Malaysia play a vital role in driving economic development by offering purpose-built, infrastructure-equipped, and sustainable spaces that attract foreign direct investment (FDI) and strengthen local manufacturing. With more than 500 industrial parks nationwide, these strategic hubs support the economy by reducing operational costs, accelerating technology adoption, and encouraging the growth of high-value industrial clusters.
Malaysia has rapidly positioned itself as a key business destination in Southeast Asia, with modern infrastructure and strategic locations propelling economic growth. Among the nation’s most notable commercial developments are business parks, which serve as vibrant ecosystems for companies large and small. These parks offer office, industrial, and commercial spaces designed to attract investment, support logistics, and foster innovation. Below, we explore several well-known business parks across Malaysia that contribute to its dynamic economy.
Elmina Business Park
Elmina Business Park Overview, Sime Darby Property
Located in North Klang Valley, Elmina Business Park is one of Malaysia’s largest and most visionary industrial and business hubs. Spanning approximately 1,500 acres of freehold land, this master-planned park blends industrial units with green landscapes and sustainability principles. Elmina Business Park is strategically positioned within the City of Elmina development, offering excellent connectivity to major highways and logistics networks — making it ideal for businesses in manufacturing, R&D, warehousing, and logistics.
The park integrates eco-friendly initiatives such as solar power, rainwater harvesting, and extensive parkland, making it a preferred choice for forward-looking enterprises. Its scale and infrastructure have attracted major investments, including Google’s hyperscale data centre commitment.
Hap Seng Business Park
Situated in Shah Alam, Selangor, Hap Seng Business Park is a well-established industrial and commercial complex designed to cater to diverse business needs. Spanning across approximately 20 acres, it features a mix of detached buildings, semi-detached units, and flatted warehouses suitable for logistics, manufacturing, warehousing, offices, and showrooms.
The park’s thoughtful layout supports operational flexibility while offering strong security measures — including gated access and 24-hour CCTV monitoring. With retail and F&B amenities on site, companies benefit from a self-contained environment that enhances convenience for staff, clients, and visitors. Its location in a mature industrial zone close to Subang Airport, Port Klang, and the heart of Klang Valley makes it a strong contender for both local SMEs and multinational companies seeking strategic space in Malaysia.
IOI Business Park
Positioned in Bandar Puchong Jaya, Selangor, IOI Business Park is a multi-purpose commercial and office complex developed by IOI Properties Group. Designed as a 7-storey office and retail environment, it caters to businesses of various sizes looking for strategic exposure within the Klang Valley. Its proximity to major highways like the Lebuhraya Damansara-Puchong (LDP) and excellent connectivity to surrounding commercial nodes make it attractive for corporate headquarters, professional services, and creative firms.
The business park also provides amenities such as secure basement parking, 24-hour security patrols, and access to public transport — including the IOI Puchong Jaya LRT station nearby. With flexible office layouts and retail spaces, IOI Business Park offers a balanced mix of work and lifestyle convenience, appealing to both tenants and buyers.
Olive Hill Business Park
Established within Seri Kembangan, Selangor, Olive Hill Business Park provides a strategic location for commercial and entrepreneurial ventures. This business park primarily features multi-storey shop offices and commercial units suitable for office, retail, and service-oriented businesses. Completed in 2014, Olive Hill benefits from proximity to Kuala Lumpur city centre — just a short drive via major highways — and close access to Serdang KTM public transport. Its location amidst residential and commercial districts adds convenience and visibility to businesses operating there. For SMEs, start-ups, and service providers seeking a well-connected base in the Klang Valley, Olive Hill Business Park offers both accessibility and established local infrastructure.
Axis Business Park
Located in Petaling Jaya, Selangor, Axis Business Park is part of the portfolio managed by Axis Real Estate Investment Trust (Axis-REIT), a prominent Malaysian industrial and office space provider. This business park offers a campus-style layout with office and industrial space suitable for multinational tenants and regional headquarters. Its accessibility via major arterial routes such as the Federal Highway and proximity to public transport options provides a compelling base for corporate and industrial tenants.
Axis Business Park is recognized for its efficient use of space, generous parking facilities, and focus on tenant needs, making it suitable for a range of businesses from logistics to professional services. As part of Axis-REIT’s broader investment holdings, the park benefits from professional facilities management and long-term strategic growth planning.
Why Business Parks Matter in Malaysia
Business parks like those above play a crucial role in Malaysia’s economic landscape by providing strategic environments where companies can scale operations, collaborate, and innovate. With excellent connectivity, infrastructure, and amenities, they attract both local and international firms, support job creation, and contribute to Malaysia’s position as a competitive regional business hub.
Whether you’re an investor seeking industrial real estate or a company planning regional expansion, Malaysia’s business parks offer diversified options to meet varied commercial needs.
