Gua Musang, RM 36,800,000

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Description

Rubber Price is at all time high!!!
Have a company with a "Concession Agreement" with 10,526 acres available to plant
Rubber for 70 yrs & to further renewed in Kelantan,Malaysia

Location : Jalan Gua Musang-Kuala Krai,From Gua Musang is 60km. From Kuala Krai is 55km. From Kota Bahru is 110 km. Road frontage.
Mukim Relai,Ciku,District of Gua Musang, Kelantan,Malaysia
Size : 4,260 hectares or 10,526 acres
Lease : concession 70 years starting 3rd May 2006(Balance 66yrs)to 3rd May 2092 .
Concession Holder: Yayasan Islam Kelantan(YIK), Concessionaire UPSB.No Liability outstanding to YIK.No squatters on the land.
Condition :No need Bumi Shareholdings but On the 8th year after planting with rubber tree,UPSB must pay the Yayasan Kelantan RM100 per acre per annum if planted with rubber trees.The land is 100% suitable for Rubber Trees, The land is flat & gradualating.Must view to appreciate.

Loan : UPSB obatined a loan from Forest Plantation Dev SB for RM 16.2 millions to replant rubber wood tree.Only RM 1 million has been used.
1,000 acres has been planted with rubber tree and the trees are 4 years old.The trees are ready for harvest next year for latex or cut down for rubber wood.
Environmental Impact Assessment has been done.
Available Logs in the 9,500 acres exceeding 20,000 tons. Profit of 30% from logging must be contributed to YIK.
Price : RM 3500 per acre or RM 36.8 million
Buying Over the Company 100% equity.
Contact Amos Tan 019-7777155, Fax : 603-58824955 or email: amost1@gmail.com,

Amos Tan
Electronic Realty
019-7777155

Property Details

• QuikPro No:UP535953
• Property Type:Agricultural Land
• Land Area:10500 acres acres
• Asking PriceRM 36,800,000
• Asking Price psf :RM 3,500
• Posted Date:12/01/2012

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