Agricultural Land Gua Musang, Kelantan, Gua Musang

Palm Oil Plantation 1291 Acres For Sale in Gua Musang, Including Equipment!

WTS / FOR SALE
asking RM 37,000,000

+ Gua Musang, Kelantan
+ Agricultural Land, Leasehold, Malay Reserve
+ Land Area : 1,293.00 acre



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SALE PRICE: RM28,500 per acre @ RM37 million Nego

Details:
* Leasehold expired balance 29 years
* Malay Reserved Land
* Land Size: 1,291 Acres (Balance of 1,500 Acres from original title, with 84.50 Hectares surrendered to the State Government for Orang Asli village reserve)
* Total Planted Area: 1293 Acres
* Total Palm Stand: 54,976 palms
* Land Description: Moderate to undulating hilly terrain
* Palm Age: 9-12 years
* Palm Type: GH500 (Golden Hope)
* Yearly FFB Production Record 2023: 6,173.71 MT

Buy and Run Condition Estate. This plantation is currently under good management with a promising yield. Approximately 0.5 ton per acre per month, based on a 10-month annual harvest. The owner's decision to sell is driven by their desire to retire and fulfill their dream of traveling the world.

The plantation boasts stunning scenery and excellent accessibility, just 5km from the main road and reachable even by sedan without the need for a 4WD vehicle.

The selling price is significantly lower compared to the current market rates, which range between RM32,000 to RM38,000 per acre. The land lease extension has been approved by the state government for an additional 50 years, ensuring security until 2103. The plantation is also MSPO certified.

The land is eligible for financing, although the owner prefers cash buyers. However, this can be discussed.

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Interested? Contact Me Now!

Malaysia Industrial
Real Estate Negotiator (REN 04287)
IQI REALTY SDN BHD (E (1) 1584/24)
Tel: +6*****

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