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INVIATION TO PURCHASE
FREEHOLD 1,426 ACRES OF
PALM OIL LAND
AT MUKIM HULU LENGA,
MUAR JOHOR
1.0
INFORMATION ON SUBJECT PROPERTY
2.0
LOCATION
3.0
The subject property consist of 9 parcels of agriculture land known as palm oil
estate with land size of 1,426 acres at Mukim Hulu Lenga, Muar Johor.
The land is suitable for development in the future due to its location; main road
frontage and the proposal to develop education hub in the vicinity
The land is located along Pagoh/Bukit Kepong main road 6.0 km from Pagoh.
Approximately 35km from Muar
The vicinity area; Pagoh is already planned to be The Pagoh Education Hub and
Pagoh University Town, to be developed in stages over the next 10 to 15 years
with Sime Darby as master developer.
LAND STATUS & CATEGORY USE
AREA
HECTARES
ACRES
STATUS
LAND USE
26
163.1894
403.26
Freehold
Oil Palm
36
0.9105
2.25
Freehold
None
2346
6.3257
15.63
Freehold
Oil Palm
2363
16.6932
41.25
Freehold
Oil Palm
2364
31.4643
77.75
Freehold
Oil Palm
2564*
393.5567
972.5
Freehold
None
5406
1.7249
4.26
Freehold
Oil Palm
2441
1.8008
4.45
Freehold
Rubber
852
1.9096
4.72
Freehold
None
LOT
Total
1526.07
Notes: 100 acres part of Lot 2564 will be retained by present owner.
4.0
PROPERTY DESCRIPTION
The property consist consists of 9 freehold titles as shown in
Total acreage is 1,526 acres but total acreage for sale is 1,426 acres.
Owner will retain 100 acres
Terrain: Generally undulating & a very small area hilly only about 5.0%.
Current land use :
Land Usage
Oil Palm
1418
Durian
49
Vacant
Others (Roads, Office, Store & Housing Area)
5.0
Acres
16
Age of trees 8 20 years. About 400 acres 3 years.
Production about 500 700 tons per month
Below is the list of the infrastructure, machinery and equipment in the estate
which are inclusive of the proposed sale:1. Office-cum-chemical store (separated by partition)
2. Stores for fertilizers
3. Supervisor quarter converted to workers' quarter
4. Blocks of workers' quarters. Each block has 4 units of quarters.
5. Ramps
6. Weigh-bridge (20mt.)
7. New Holland Tractor (Model TS 90)
8. Kubota Tractor ModelM9000
9. Kubota Tractor Model L4400
10.Tractor Trailers
11.Tube Well with Water Pump plus Water Tank & Distribution System
12.Diesel Generator for the Workers' Quarters
13.Petrol Generator for the Office
14.Tractor Mounted Sprayer (ST-100 Series @ 300lit. model)
OIL MILL
The nearest oil mill that purchases external FFB is in Bukit Pasir, Muar which is
only about 20km away where the estate's FFB are sent to. There are other oil mills
within the radius of 50km which accept external FFB.
SELLING PRICE
Ringgit Malaysia Three Hundred Ten Million Five Hundred Eighty-Two Thousand Eight
Hundred (RM310,582,800).
6.0
SUMMARY
Item
Description
Location
Mukim Hulu Lenga, Muar, Johor
Ownership
Company Ownership
Land Size
1,426 acres
Tenure &
Free hold
Land status
Agriculture
Age of Tree
3 yrs, 5yrs, 18yrs, 25yrs
Price
Ringgit Malaysia Three Hundred Ten Million
Five Hundred Eighty-Two Thousand Eight
Hundred (RM 310,580,800.00)
Main Estate Road 1987
1994 Area
2007 Area
2007 Area
2008 Area