sold for

RM540,000 (RM11.87 psf)

DONE DEAL: Agricultural land, Kampung Sungai Mahang, Nilai, Negeri Sembilan

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Kampung Sungai Mahang in Nilai, Negeri Sembilan, is a peaceful Malay village with the local economy  based on homestay businesses and agriculture.

Anuar Mohamed Ali, a property negotiator of Nasir, Sabaruddin & Associates Sdn Bhd recently co-brokered a Malay reserved agricultural land measuring slightly above an acre in Kampung Sungai Mahang.

The freehold plot comes with a small wooden house, small hut, a fish pond, a swimming pool and some fruit trees.

“The buyer liked the condition of the land and the set up. It is like a ready-to-go mini eco resort as it has a place for overnight stay, swimming pool, fishing pond and fruit trees. The buyer was looking for something like this as his ideal holiday home and rent it out as a homestay for some income,” Anuar shares.

“The seller was asking for RM980,000. After showing her past transaction records, she agreed to lower the price to RM680,000. However, not many showed interest as the asking price was still at the high side.

“Meanwhile, this sincere buyer made an offer of RM500,000. After negotiations, both parties agreed with the price of RM540,000,” he noted.

As at end-November, no agricultural land transaction at Kampung Sungai Mahang was recorded in 2020 and 2019.

However, there were two agricultural land in Nilai listed for sale in at an average asking price of RM600,000 or RM12 psf. No agricultural land in Nilai was listed for rent over the same period. 

Interested to buy unit in Nilai? Or click here for more property listings in Negeri Sembilan. Click here to know more about Anuar Mohamed Ali​​ and potential good deals.

Planning to buy or sell a home? With EdgeProp's FREE transacted price tool, you can check past transaction prices for any property by name or area and make an informed decision.

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