Ampang, RM 12,000,000

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Description

FREEHOLD
-- Residential status (FULLY Converted and Premium PAID)
-- 4.2188 acres (After Alienation & Amalgamation)
-- Existing 10 Lots of Individual Freehold Bungalow Lots
-(Actual Total size of bungalow lots are 2.93acres)
- Within the Proximity of Kuala Lumpur and Well-Developed Surroundings
-- Surrounded by Bungalows, Semi-D Luxurious Houses
-Proposed 3 storeys Bungalow = 10 units - RM 4.5 m (averagely AT LEAST) - RM 45 m
-(Market Survey from the surrounding- RM 4m to 5m (2storeys Bungalow)
- - RM 5 m to 6m (3 storeys Bungalow)
- Total Potential GDV - RM 45 m
- (37 units of 2 Storeys Bungalow, Selling RM 4m-6m, and
- 70 % Sold)
Estimated Construction + Infrastructure Cost + Professional Fees= RM 10 m
Construction +Infra Everything (RM 700k x 10units= RM 7m)
Professional (RM2m)
Others (RM 1m)
Other additional costs incurred (if any/contigencies)= RM 5 m
Land cost= RM 10 m
Potential Profit= RM 45m- (RM 10m + RM 5m+ RM 10m)
= RM 20 million (at least)

Property Details

• QuikPro No:UP1262534
• Property Type:Residential Land
• Tenure:Freehold 
• Land Area:4.2188 acres
• Asking PriceRM 12,000,000
• Posted Date:25/11/2011

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