Likas, Kota Kinabalu
Jalan Likas, Likas, Kota Kinabalu, Sabah
Negotiable
RM 3,000,000
15,029
sqft
RM 199.61
psf
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About Likas
Likas Bay Landbank. 15k square feet. Fresh 99-Year Tenure Restoration
- Sovereign Footprint: Massive 15,029 sq. ft. dual-title land bank positioned in the core of the Likas educational corridor.
- Administrative Alpha: Fully restored 99-year lease tenure as of January 2026—eliminating future renewal friction and lease decay.
- Elite Proximity: Located within the immediate 3-minute circle of top-tier schools.
- Development Ready: Near-perfect road-level topography with minimal site preparation.
- Priced for Value: Independent professional valuation established at RM 3.3M; now offered at an aggressive price of RM 3.0M, representing a rare below-market entry point with pre-paid administrative certainty.
This is a rare private placement of a secure land bank in Likas Bay. Designed specifically for an asset expander or principal looking to architect a generational residence on a clean, century-long footprint.
The existing 1970s structure is treated as a nominal asset; the true value rests in the protected land size, double-title privacy shield, and freshly secured lease tenure.
Private technical memorandum and documentation are available for qualified principals upon direct inquiry.
- Administrative Alpha: Fully restored 99-year lease tenure as of January 2026—eliminating future renewal friction and lease decay.
- Elite Proximity: Located within the immediate 3-minute circle of top-tier schools.
- Development Ready: Near-perfect road-level topography with minimal site preparation.
- Priced for Value: Independent professional valuation established at RM 3.3M; now offered at an aggressive price of RM 3.0M, representing a rare below-market entry point with pre-paid administrative certainty.
This is a rare private placement of a secure land bank in Likas Bay. Designed specifically for an asset expander or principal looking to architect a generational residence on a clean, century-long footprint.
The existing 1970s structure is treated as a nominal asset; the true value rests in the protected land size, double-title privacy shield, and freshly secured lease tenure.
Private technical memorandum and documentation are available for qualified principals upon direct inquiry.
Common facilities
Covered car park
Perimeter fencing
Estimated mortgage
Mortgage breakdown
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RM 0 Interest
Upfront costs
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FAQs
The selling price is RM 3,000,000.
Jalan Likas, Likas, Kota Kinabalu, Sabah.
Leasehold.
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