32-Acre First Grade, Freehold, Agricultural Land with Industrial Zoning in Nibong Tebal.
For
SALE MYR 42,000,000
per month
MYR 30/sq.ft
Title: Freehold
Tenure: 0 Years
Bedroom:
Bathroom:
Built-up Area: 0 sq.ft
Land Area: 1,399,805 sq.ft.
Others:
Tenanted
Rental Return: MYR 0
No of Years: 0
Commencement Date :
Discover a prime investment opportunity with 5 lots of first grade, freehold, agricultural land featuring industrial zoning, strategically located in Nibong Tebal along the North-South Expressway (toll road). The total area spans 32.1351 acres / 1,399,804.956 sqft, offering a substantial land size for development.
Individual lot sizes are as follows:
Lot 2302: 4.7848 acres,
Lot 2303: 9.9223 acres,
Lot 1804: 10.887 acres,
Lot 1870: 4.550 acres, and
Lot 2319: 1.991 acres.
The sale is offered at MYR 30 per square foot, totaling up to MYR 42 million, or nearest offer. The sale comes with vacant possession for all lots except for lot 2302, which has 3 squatters.
The flat land is equipped with industrial zoning, making it an ideal investment for industrial, private hospital, or retirement facility development.
Despite the high potential for development, it is important to note that there are high tension cables running through lots 2319, 2303, 1804, and 1870. This means that the land below the high tension cables cannot be used for development.
The location of the land offers strategic advantages, being surrounded by many industrial buildings and near major highways. It is also in proximity to Sungai Jawi (Jawi river) and easily accessible to Batu Kawan industrial park and Penang Bridge 2nd link. Nearby establishments include Malcom Industries Sdn Bhd and C. K. Ban Soon Lee Industries Sdn Bhd.
This presents an opportunity for investors and developers to acquire a sizable land parcel in a strategic location for future development. If you are interested in this rare opportunity, contact us now for more information and to schedule a viewing.
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