FOR SALE RESIDENTIAL DEVELOPMENT LAND FACING MAIN ROAD IN JERANTUT PAHANG
Jerantut, Pahang
Building Land, Freehold, Customary Land
Land Area : 5.00 acre
Published Date
:
Today at 5:01 AM
Descriptions
Details:
🌳Freehold open
🌳Zoning residential
🌳Single owner, still alive.
🌳 Size: 2.015 Hectares @ 5 acres
🌳 Facing main road.
🌳 Currently planted with 20-year-old oil palm trees yielding produce.
🏠 Potential for 25-30 bungalow lots of 5000 sqft each, or 55-60 terrace houses.
Selling price: RM 1.35mill negotiable
Market Research:
💰 Bungalow lots 4000 sqft: RM70k/lot
💰 Bungalow lots 5000 sqft: RM85k/lot
💰 Terrace houses (1 floor, built): RM250k-330k
💰 Open for direct sale: RM1.2 million (15% deposit upon agreement signing, 85% balance upon KM approval, balance convertible to 10 bungalow lots with infrastructure or 8 built terrace houses)
Application Process: Submitted change of land use from agricultural to residential to PTG Pahang in Oct 2023. JPPH conducted assessment in Dec 2023. PTG forwarded files to KKA in Feb 2024. Awaiting inclusion in State land meeting. Expected approval and commencement of premium payment in May 2024.
Terms and condition JV:
🤝 Joint venture opportunity with landowner. Landowner shares land without upfront payment.
🤝 Initial payment 3% from GDV upon signing Agreement
🤝 60:40 split for bungalow lot infrastructure project.
🤝 30:70 split for single storey terrace project.
Interested? Contact Me Now!
Ahmad Syukri Bin Ab Razak(REN 31572)
RENSTAR PROPERTIES INTERNATIONAL SDN BHD(VEPM (1) 0049)
