PETALING JAYA: Property consultancy CBRE | WTW, which has been appointed the exclusive marketing agent for the sale of Pulau Indah, said it has received “a fair bit of interest” from prospects for the 318-acre land, managing director Foo Gee Jen said.

“We are looking for someone who is ready to develop it. No single end-user may be ready to take up the entire 318 acres. It may be parcelled out between one to 10 acres. We are looking at logistics and warehousing because it is right smack in the port area,” Foo said.

He said the land would provide a good source of recurring income over the long term. It has an industrial title and has been given Free Trade Zone status and will be granted a fresh 99-year lease.

It is understood that its current lease expires in 2096.

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