Development Land 1,061 acres in Klang Valley

RM 1,386,514,800

Mortgage : RM 0 / mth

Kuala Selangor, Selangor
access_time 2 hours ago
Residential Land - BR Bbuiltup- sqft (built up)land46,217,160 sqft (land)builtupRM - (built up)landRM 30/sqft (land)

Details

Property Type
Residential Land
Tenure
Leasehold
Listing Type
For sale
Listing ID
LIDM1439540
Land Area
46,217,160 sqft
Land area/sqft
RM 30/sqft

Description

Description
Development Land 1,061 Acres In Klang Valley.

Dear Client,

I would like to propose a property as listed below:

"The land measuring 1061 acres which is located in Selangor has been converted to Mixed Development with Premium already paid.
It comprised of 3 titles with balance 81 years of lease remaining. Reportedly there is no encumbrances on the land.

The nearby areas are already developed. Some of the big developers are already there like ECO WORLD, IJM, WORLDWIDE, LBS, KLK LAND & GLOMAC.

The location is well connected with the presence of major highways like GUTHRIE CORRIDOR, LATAR, NORTH KLANG VALLEY & FEDERAL HIGHWAY.

Existing facilities nearby include TESCO, ECONSAVE, UITM , GOLF DRIVING RANGE, PRIMARY & SECONDARY SCHOOLS. COMING UP WITH MANY NEW DEVELOPMENT SUCH AS HOSPITAL, UNIVERSITIES, MALL AND MANY MORE.

The land has been valued by 4 major Valuers in 2020 with a value ranging between RM35 to RM40 psf.

The owner is willing to consider qualified buyer, both local or foreign, on the following indicative terms :

1. Price = RM30 psf (initially asking for RM33 psf).

2. Down payment of 10% upon signing S&P. An initial refundable Earnest Deposit RM1.0 million can be considered before proceeding with the DD.

3. Balance 90% payable in deferred payment term not exceeding 5 years (yearly payments can also be considered).

Azy Shariz | REN01441
CBD Properties SB
Commercial, Industrial & Land
☎: 010-2259646