RENTAL
INFORMATION FOR UTM-MTDC TECHNOLOGY CENTRE
UTM-MTDC
Technology Centre is one of the sites focusing on biotechnology.
Currently lots are divided into 2 main types, namely Technology
Garage (TG) and Enterprise. The TG lot with lettable area of 500
sq/ft is suitable for small office and RND activities. While the
Enterprise lots are for bigger companies with lettable area from
1000sq/ft up to 5000 sqft. The incubator is managed by the department
of Technology Incubator Management (‘TIM’).
1.
Lease Periods:
i) Technology Garage: 6-months and next renewal
of 6-months.
ii) Enterprise: 1 year and next renewal of 1
year.
iii) Server Farm: 1 year and next renewal of
1 year.
*Note: The management reserves the right to
reject further renewal application.
2.
Lease Commencement
As stated in the Letter of Offer and Tenancy
Agreement.
3.
Tenancy agreement
Duration of the agreement is 6 + 6 Months for
TG, 1 + 1 Year for Enterprise and Server Farm from the commencement
date of the tenancy agreement. Any cost associated
with the preparation and enforcement of the Tenancy Agreement
including stamp duty and legal fees shall be
borne by the tenant.
4.
Rental Deposit
i) Technology Garage : 6-Months rental paid
in advanced from the commencement date.
i.e: RM 1.00 per sqft x 500 sqft x 6-Months
= RM 3,000.00
ii) Enterprise : 2-Months rental deposit for
Enterprise lots.
iii) Server Farm : 2-Months rental deposit for
Server Farm.
5.
Utility Deposit
i) Technology Garage : RM 300.00 (fixed)
6.
Rental Rates
i) Technology Garage --- RM 1.00 / sqft (Prepaid
as rental deposit)
ii) Enterprise --- RM 1.00 / sqft
7. Electricity Expenses
Tenants will be billed according to electricity
usage.
8. Internet Service
Internet service is provided free of charge
to all the block ,however it is tenant responsibility to add their
own network equipment such as network switch/
hub/ router.
9. Water Bill
There is a prepaid charge of RM50 (6-Months
period) for the water bill at the TG only. Any Enterprise Lots
with individual sub-meter will be billed according
to usage.
10. Telephone Lines
Tenants need to apply their telephone service
directly to the providers such as Telekom Malaysia Berhad.
11. Premise Setup
All lots are as it is with bare building without
carpet, grill, security systems, partition, etc. It is the tenant’s
responsibility to clear up all add-on upon termination
of the tenancy. However, basic lighting will be provided and maintained.
Any dismantle cost by the management will be
deducted from the deposits.
All
internal renovation design needs to get written permission from
the management. Any machinery and equipment (other than air-conditioning
units) outside the office premises require written consent from
the management.
12. Security
There will be security guards on-duty 24 x 7
for maximum and tight security measure within the gated area.
13. Parking
Tenants will enjoy free open parking lots at
the gated area. However, visitors parking have a dedicated area.
Tenants will be provided with parking decals to allow them to
park close to their premises.
14. Termination Option
Tenants will have the right to terminate the
tenancy after the initial term of 1 year at TG and 2 years at
Enterprise lots by providing 3 months written
notice to MTDC.
15. Premise Usage
Tenants shall use the premise for general and
administrative purposes that is reasonably related to its business
operations. They can operate its businesses
24hours.
16. Sub-letting
Tenants would not be allowed to sub-let the
premise to any third party in any condition what so ever.
17. Signage
Internal signage is only allowed on the entrance
of the said premise. External signage is allowed on the allocated
information board. The external signage will be
provided by the management.
18. Hazardous Substance
Hazardous construction materials within the
buildings would not be allowed.