Raziman Rizqin
 (REN 74194)
LANDSWORTH PROPERTIES SDN BHD
 (E (1) 1959)
Tel: +601110679217
Raziman Rizqin
 (REN 74194)
LANDSWORTH PROPERTIES SDN BHD
 (E (1) 1959)
Tel: +601110679217
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asking RM 54,796,511
SALE OF COMMERCIAL FARM ASSETS

 Kemaman, Terengganu

Agricultural Land, Leasehold, Customary Land

  Land Area     : 4,981.50 acre

Descriptions

*SALE OF COMMERCIAL FARM ASSETS*

Offer an overview of the subject property, which is approximately 4981.501 acres located within The Chenderong Consession, Mukim Tebak / Bandi, Daerah Kemaman, Terengganu

*Location:*
📍The subject property is about 30km (45 minutes’ drive) from Kampung Air Putih, Terengganu, which can be accessed using existing timber logging laterite road using 4x4.
📍Kampung Air Putih itself is located about 25km (30 minutes’ drive) from the nearest town, Kemaman.
📍Kampung Air Putih can also be accessed through Lebuhraya Pantai Timur (The East Coast Highway, E8) Exit Chukai (Kemaman), which is15km away from the kampung
📍Kuantan Port is located about 58km away from Kampung Air Putih.
📍Sungai Kemaman is on the east of the plantation.

Where the land is located.
Within the Chenderong Concession, there are other oil palm plantation which have been planted for more than 20 years, namely

•🌴 Ladang Risda (approximately 9343.59 acres)
• 🌴Anglo Eastern Plantation (M) Sdn. Bhd. (Genting Group related company) (approximately 16285.4 acres)
• 🌴Ladang Kerjasama MIC (4616.94 acres)

➡️The access road to all these three plantations currently is through a timber logging laterite road from Cerul. Our plantation is accessed from Kampung Air Putih.
➡️Please refer to the “Chenderong Plantation Road Map” attached.
➡️There is a laterite access road from the Anglo Eastern Plantation to our plantation. (The road is accessible currently, but not in a very good condition. Some repairs and maintenance works are needed to make the road better.)

2. Property Details and Terms
📌The sub-lease agreement that the company had signed holding the rights of the subject property will expire on 30th December 2084.

📌Work done on the subject property is as follows:
• Terracing and accessing road within the area of approximately 2800 acres (namely Lot 21, 22, and 14)
• Palm count is approximately 25,000 planted since March 2015.

The Company is wishing to sell the subject property on as is where is basis (by selling the any other feasible approaches).

There are 5 quarters and one store within the estate.
The property was leased out by the Majlis Agama Islam Terengganu. Currently, there is a required contribution of 2.5% on gross profit if there is any production of plantation by any leaser, for example for every 100 tones oil palm production, there will be a 2.5 tones value equivalent contribution to the Majlis.

🌳The company had itself started the durian plantation of Musang King species from June 2018. About 120 acres had been planted with piping and watering systems all constructed.

🤝The company is offering to sell the right of this plantation at the price of RM11,000.00 per acre. (Total consideration of RM54,796,511.00). Price is negotiable.

Contact us now for more information or to schedule a site visit. Don’t miss this opportunity to own a highly profitable of land!

Interested? Contact Me Now!

Raziman Rizqin
 (REN 74194)
LANDSWORTH PROPERTIES SDN BHD
 (E (1) 1959)
Tel: +601110679217