Plot of land Kinabatangan , Sabah

  • $ 206 328 500 ( $ 33 398 807 / sq m )
  • Farm For Sale
  • Upfront payment $82 531 400
  • Lot size 101 170 000 sq m
  • Total square 101 170 000 sq m
  • Year of build 2000
  • Facing Southwest

Description

Plot of Oil Palm Estate land
For Sale
Kinabatangan , Sabah
Contact :
AHMAD LUTFI RAHMAD
+60129242709 ( Whatsap ONLY )
alrunikl19@gmail.com

Asking
MYR $ 882,500,000.00
MYR $ 35,300.00 / acre
MYR 0.82 psf

Furnishing
Fully Furnished

Built-up
1,089,000,000 sf

Listing
For Sale

Type
Land

FOR SALE BY EXPRESSION OF INTEREST AND PRIVATE TREATY :
The Purchaser shall agree to pay the sum of MYR $ 882,500,000.00 , wherein it shall appear in
the Sale & Purchase Agreement as an indicative price which is payable in Malaysia.
2. The Purchaser shall agree to pay selling price of MYR $ 35,300.00 per acre, currently the
selling price is increasing due to market demands.
2.1 . As to date the selling price has been offered at MYR $ 35,300.00 per acre.
2.2 . Please revert back to us on the selling price clarification.
2.3 . The Vendors current selling price for the above property shall be Ringgit Malaysia Thirty and
Five Thousands and Three Hundreds ( MYR $ 35,300.00 ) per acre only,
2.4 . in total amounting to Ringgit Malaysia Eight Hundreds and Eighty and Two Millions and Five Hundreds Thousands Only ( MYR $ 882,500,000.00 )
( hereinafter referred to as `the Actual Purchase Price`).
3. The Purchaser must apply for Foreign Investment Committee (FIC) necessary approvals.

Category:
Land / Farm FOR SALE:

Owner Instruction :

1 . The land current owner and / or operator has guided and issued that a Letter Of Interest ( LOI ) is REQUIRED for acquiring and / or buying the Agriculture Approval and Local Ownership field . Any genuine or potential buyer will only be arranged or bond for
discussion and / or meeting between Owner and interested or potential buyer / company

LOI recipient :
THE VENDOR OF
BORNEO GLOW SDN. BHD.,
KENINGAU ESTATE , CL --(Phone number)-- AND CL --(Phone number)-- ,
SUNGAI MILLIAN LABAU , DAERAH KINABATANGAN , SABAH
Director :
MR. YAP KEAT CHOON
Director , Borneo Glow Sdn. Bhd.

Option Holder :
MR. ANG KHIN WAH
ID : --(Phone number)--

Proxy :
MR. WEE BOON LEONG

Introducer :
EN. AZMI MUSTAPA ( DAENG RAJA HOLDINGS )

Proposer :
EN. AHMAD LUTFI RAHMAD ( AKK NIAGA ENTERPRISE )
Whatsap : --(Phone number)--
Mail :

2 . To confirm here the intention to acquire the Oil Palm Estate Lands free from any encumbrances at the purchase of Ringgit Malaysia of
PRICE:
MYR $ 882,500,000.00
MYR $ 35,300.00 / acre
MYR $ 0.82 / sqft
Market:
MYR $ 0.80 / sqft MYR $ 1.00 sqft
MYR $ 34,848.00 / acre MYR $ 43,560.00 / acre
MYR $ 871,200,000.00 MYR $ 1,089,000,000.00
Note :
7% lower than average market valuation
MYR $ 0.07 sqft lower than average market valuationbased on terms of issuing

3 . Copy of Scanned Colour Copy Bank Draft issued to Owner of 25,000 acres 1 Lot Agriculture Oil Palm Estate Area and Local Ownership Compound Block Zone Area Grant Field Estate , BORNEO GLOW SDN. BHD., KENINGAU ESTATE , CL --(Phone number)-- AND CL --(Phone number)-- , SUNGAI MILLIAN LABAU , DAERAH
KINABATANGAN , SABAH with amount 15% ( MYR $ 132,375,000.00 ) during bonding / commencement of Letter Of Intend ( LOI ) Document under the name of

THE VENDOR OF
BORNEO GLOW SDN. BHD.
KENINGAU ESTATE , CL --(Phone number)-- AND CL --(Phone number)-- ,
SUNGAI MILLIAN LABAU , DAERAH KINABATANGAN ,
SABAH , MALAYSIA
ATTENTION :
MR. YAP KEAT CHOON
Director , Borneo Glow Sdn. Bhd.

4 . Letter Of Intend ( LOI ) on the letter head of the Purchaser and / or Acquirer either in Bahasa Malaysia and / or English Language under the name of
LOI recipient :
THE VENDOR OF
BORNEO GLOW SDN. BHD.,
KENINGAU ESTATE , CL --(Phone number)-- AND CL --(Phone number)-- ,
SUNGAI MILLIAN LABAU , DAERAH KINABATANGAN , SABAH
Director :
MR. YAP KEAT CHOON
Director , Borneo Glow Sdn. Bhd.

Option Holder :
MR. ANG KHIN WAH
ID : --(Phone number)--

Proxy :
MR. WEE BOON LEONG

Introducer :
EN. AZMI MUSTAPA ( DAENG RAJA HOLDINGS )

Proposer :
EN. AHMAD LUTFI RAHMAD ( AKK NIAGA ENTERPRISE )
Whatsap : --(Phone number)--
Mail :

5 . Upon receiving it, 14 days S&P Agreement will be done, and 20%
( MYR $ 176,500,000.00 ) will be paid Under the name of
THE VENDOR OF
BORNEO GLOW SDN. BHD.
KENINGAU ESTATE , CL --(Phone number)-- AND CL --(Phone number)-- ,
SUNGAI MILLIAN LABAU , DAERAH KINABATANGAN ,
SABAH , MALAYSIA
ATTENTION :
MR. YAP KEAT CHOON
Director , Borneo Glow Sdn. Bhd.

6 . To attached and / or deliver copy of Proof of Fund and / or Financial Report of the company

7 . To deliver and enclose company Profile , MAA , Form 24 , 44 & 49 for the acquired and buying company or developer

8 . Of which the FULL PAYMENT OF 65% ( MYR $ 573,625,000.00 ) will be paid within 3 Months Under the name of
THE VENDOR OF
BORNEO GLOW PLANTATION SDN. BHD.
KENINGAU ESTATE , CL --(Phone number)-- AND CL --(Phone number)-- ,
SUNGAI MILLIAN LABAU , DAERAH KINABATANGAN ,
SABAH , MALAYSIA
ATTENTION :
MR. YAP KEAT CHOON
Director , Borneo Glow Sdn. Bhd.

9 . Acquirer and Buyer are not allowed or permitted to withdrawn / decline From Sales Process and / or Communication once LOI received And acknowledged by the Owner or Appointed Legal Firm

10 . Name / Appointed Solicitor by the Buying Developer and / or Financier for the said and mentioned transaction or guarantee together with the Letter Of Appointment / Indictment Of Representation for the said Solicitors and / or Legal Firm

11 . The purchase of the estate shall also included the acquisition of the land properties :
11.1 . Oil Palm Estate Land Area ( 25,000 acres ).
11.2 . Other Properties belongs to the land.

12 . Copy of the proposed and planned payment of the balance or Outstanding purchase price / value is by way of a cash settlement and / or telegraphic transfer or a loan arrangement

13 . Copy of the appointed and assigned Banker, if outstanding or credit Will be paid according / based on Loan Arrangement and / or Proposal

Property Status :
Agriculture Land / Property ( Oil palm farm )

Good Practices :
Minimal usage and / or application of chemical fertilizers through the usage and bond of nutrient rich recyclable residues obtained during palm oil extraction or cultivation
Integrated Pest Management / Development ( IPM ) is practiced Whenever possible
Minimal usage effluent and / or extraction from mills using carefully selected milling and functioning and refining techniques

State > City:
Sabah > Keningau

Address # or Unit:
Borneo Glow Plantation , Keningau Estate

Street Name:
Keningau Estate , CL --(Phone number)-- And CL --(Phone number)--

Estate Name:
Borneo Glow Plantation , Sungai Millian Labau

Price:
MYR $ 882,500,000.00 Firm

PSF RM:
MYR $ 0.82 / sqft per sq ft

Area:
1,089,000,000 sq ft

Land Area:
1,089,000,000 sq ft

Deposit:
MYR $ 820,000,000.00

Owner :
The Agriculture Land and the Oil Palm Estate Development is owned and/ or managed by BORNEO GLOW SDN. BHD.

Parking:
Non-Reserved Lots

Direction Facing:
Northwest

Year Built:
2000

Condition of Unit:
Tenanted

Advertiser:
Agent and / or Proposer

Allowed Uses:
YES Residential
YES Workers Accommodation
YES Office
YES Business Block
YES Factory
YES Commercial Asset
NOT PRACTICAL Restaurant / Lounge
YES Development Building
NOT PRACTICAL Retail
YES Engineering Complex
YES Warehouse / Storage

Oil Palm Mill :
There are two oil palm mill and / or factory in Keningau and Sook area Namely or business call as Sabah Land Development Board Oil Palm Mill and Kim Loong Resources Oil Palm Mill Company

PRICE :
MYR $ 882,500,000.00
MYR $ 35,300.00 / acre
MYR $ 0.82 / sqft
Market:
MYR $ 0.80 / sqft MYR $ 1.00 sqft
MYR $ 34,848.00 / acre MYR $ 43,560.00 / acre
MYR $ 871,200,000.00 MYR $ 1,089,000,000.00
Note :
7% lower than average market valuation
MYR $ 0.07 sqft lower than average market valuationbased on terms of issuing

Owner Instruction :

1 . The land current owner and / or operator has guided and issued that a Letter Of Interest ( LOI ) is REQUIRED for acquiring and / or buying the Agriculture Approval and Local Ownership field . Any genuine or potential buyer will only be arranged or bond for
discussion and / or meeting between Owner and interested or potential buyer / company

LOI recipient :
THE VENDOR OF
BORNEO GLOW SDN. BHD.,
KENINGAU ESTATE , CL --(Phone number)-- AND CL --(Phone number)-- ,
SUNGAI MILLIAN LABAU , DAERAH KINABATANGAN , SABAH
Director :
MR. YAP KEAT CHOON
Director , Borneo Glow Sdn. Bhd.

Option Holder :
MR. ANG KHIN WAH
ID : --(Phone number)--

Proxy :
MR. WEE BOON LEONG

Introducer :
EN. AZMI MUSTAPA ( DAENG RAJA HOLDINGS )

Proposer :
EN. AHMAD LUTFI RAHMAD ( AKK NIAGA ENTERPRISE )
Whatsap : --(Phone number)--
Mail :

2 . To confirm here the intention to acquire the Oil Palm Estate Lands free from any encumbrances at the purchase of Ringgit Malaysia of
PRICE:
MYR $ 882,500,000.00
MYR $ 35,300.00 / acre
MYR $ 0.82 / sqft
Market:
MYR $ 0.80 / sqft MYR $ 1.00 sqft
MYR $ 34,848.00 / acre MYR $ 43,560.00 / acre
MYR $ 871,200,000.00 MYR $ 1,089,000,000.00
Note :
7% lower than average market valuation
MYR $ 0.07 sqft lower than average market valuationbased on terms of issuing

3 . Copy of Scanned Colour Copy Bank Draft issued to Owner of 25,000 acres 1 Lot Agriculture Oil Palm Estate Area and Local Ownership Compound Block Zone Area Grant Field Estate , BORNEO GLOW SDN. BHD., KENINGAU ESTATE , CL --(Phone number)-- AND CL --(Phone number)-- , SUNGAI MILLIAN LABAU , DAERAH
KINABATANGAN , SABAH with amount 15% ( MYR $ 132,375,000.00 ) during bonding / commencement of Letter Of Intend ( LOI ) Document under the name of

THE VENDOR OF
BORNEO GLOW SDN. BHD.
KENINGAU ESTATE , CL --(Phone number)-- AND CL --(Phone number)-- ,
SUNGAI MILLIAN LABAU , DAERAH KINABATANGAN ,
SABAH , MALAYSIA
ATTENTION :
MR. YAP KEAT CHOON
Director , Borneo Glow Sdn. Bhd.

4 . Letter Of Intend ( LOI ) on the letter head of the Purchaser and / or Acquirer either in Bahasa Malaysia and / or English Language under the name of
LOI recipient :
THE VENDOR OF
BORNEO GLOW SDN. BHD.,
KENINGAU ESTATE , CL --(Phone number)-- AND CL --(Phone number)-- ,
SUNGAI MILLIAN LABAU , DAERAH KINABATANGAN , SABAH
Director :
MR. YAP KEAT CHOON
Director , Borneo Glow Sdn. Bhd.

Option Holder :
MR. ANG KHIN WAH
ID : --(Phone number)--

Proxy :
MR. WEE BOON LEONG

Introducer :
EN. AZMI MUSTAPA ( DAENG RAJA HOLDINGS )

Proposer :
EN. AHMAD LUTFI RAHMAD ( AKK NIAGA ENTERPRISE )
Whatsap : --(Phone number)--
Mail :

5 . Upon receiving it, 14 days S&P Agreement will be done, and 20%
( MYR $ 176,500,000.00 ) will be paid Under the name of
THE VENDOR OF
BORNEO GLOW SDN. BHD.
KENINGAU ESTATE , CL --(Phone number)-- AND CL --(Phone number)-- ,
SUNGAI MILLIAN LABAU , DAERAH KINABATANGAN ,
SABAH , MALAYSIA
ATTENTION :
MR. YAP KEAT CHOON
Director , Borneo Glow Sdn. Bhd.

6 . To attached and / or deliver copy of Proof of Fund and / or Financial Report of the company

7 . To deliver and enclose company Profile , MAA , Form 24 , 44 & 49 for the acquired and buying company or developer

8 . Of which the FULL PAYMENT OF 65% ( MYR $ 573,625,000.00 ) will be paid within 3 Months Under the name of
THE VENDOR OF
BORNEO GLOW PLANTATION SDN. BHD.
KENINGAU ESTATE , CL --(Phone number)-- AND CL --(Phone number)-- ,
SUNGAI MILLIAN LABAU , DAERAH KINABATANGAN ,
SABAH , MALAYSIA
ATTENTION :
MR. YAP KEAT CHOON
Director , Borneo Glow Sdn. Bhd.

9 . Acquirer and Buyer are not allowed or permitted to withdrawn / decline From Sales Process and / or Communication once LOI received And acknowledged by the Owner or Appointed Legal Firm

10 . Name / Appointed Solicitor by the Buying Developer and / or Financier for the said and mentioned transaction or guarantee together with the Letter Of Appointment / Indictment Of Representation for the said Solicitors and / or Legal Firm

11 . The purchase of the estate shall also included the acquisition of the land properties :
11.1 . Oil Palm Estate Land Area ( 25,000 acres ).
11.2 . Other Properties belongs to the land.

12 . Copy of the proposed and planned payment of the balance or Outstanding purchase price / value is by way of a cash settlement and / or telegraphic transfer or a loan arrangement

13 . Copy of the appointed and assigned Banker, if outstanding or credit Will be paid according / based on Loan Arrangement and / or Proposal

SOIL SERIES :
Keningau Estate
The soil series found on the land comprises of the following :-
Telemong – Akob – Tanah Lanar Tempatan
Batu Anam – Durian
Batu Anam – Melaka – Tavy
Serdang Bungor – Munchong

Details

  • View: Mountain
  • Listing status: Active
  • Available from: Apr 12, 2017
  • Listing #: 11336
  • Lot size: 25,000 acres and / or 10,117.14 hectares
  • Parking type: Off street

Utilities

  • Water

Outdoor facilities

  • Courtyard
  • Garden
  • Gated entry
  • Terrace

Keywords: name : company : company : borneo glow sdn. bhd. registration : 232911 – t estate : borneo glow sdn. bhd. keningau estate , cl 095332862 and cl 095331749 , sungai millian labau , daerah kinabatangan , sabah , malaysia

Map

Address: Unnamed Road, Nabawan, Sabah, Malaysia
Latitude / Longitude: 5.079320 / 116.496656
Nearest airport Kota Kinabalu International Airport 300 km
Nearest ferry port Beaufort - Labuan Ferry Jetty 200 km

Directions

South East to Keningau Township

Neighborhood

1 . Keningau
2 . Tambunan
3 . Penampang
4 . Tenom
5 . Beaufort
6 . Bengawan
7 . Banjaran Trus Madi Forest Reservation
8 . Tangkulap Forest Resevation National Park
9 . Pinangah Forest Reservation Area
10 . Sungai Mankuwagu Forest Reservation National Park
11 . Membakut
12 . Kuala Penyu
13 . Sipitang
14 . Labuan Federal Territory
15 . Brunei Darul Salam
16 . Papar
17 . Tambunan
18 . Kinarut
19 . Beluran
20 . Putatan
21 . Kundasang

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