Planning For 22 Bungalow Lots, Taman Melawati, RM 12,000,000

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Description

Taman Melawati 4.9acre, Residential Zone

Planning 22 Bungalow Lots Are in Size Range From 8,700sf

~Estimated Calculation (For Existing Bungalow Lots)

~Proposed 3 story Bungalow = 22 units - RM 3.5M (Averagely AT LEAST) - RM 77 Million

Total Potential GDV - RM 77 Million

~ Market Survey from the surrounding

Cemerlang Heights - Taman Melawati (3 Story Bungalow Land Size 8,800sf selling RM5.5m)

20trees WEST Trees - Taman Melawati (3 Story Bungalow Land Size 7,330sf selling RM5.5m)

Taman Bukit Melawati (3 Story Bungalow Land Size 7,900sf Leasehold selling RM4.4m)

Estimated Construction + Infrastructure Cost + Professional Fees= RM 20M

1, Construction +Infra Everything (RM 700k x 22units= RM 16M) 2, Professional (RM 3M) 3, Others (RM 1M)

Other additional costs incurred (if any/contingencies)= RM 5M

Land cost= RM 12M

Potential Profit= RM 77M- (RM 19M + RM 5M + RM 12M)

Nett Profit = RM 40 Million (At Least)


Freehold Land For Sale, RM12,000,000

Call : Alan 016-6979166,

More Land Deal,

Pls Visit >> www.1BestDeal.co.cc

Property Details

• QuikPro No:UP1225297
• Property Type:Residential Land
• Tenure:Freehold 
• Title Type:Individual
• Land Area:4.9 acres
• Asking PriceRM 12,000,000
• Unit type:Intermediate
• Occupancy:Vacant
• Furnishing:Unfurnished
• Posted Date:18/04/2012

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