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A unique and strategically located piece of land suitable for ‘’on water’’ developments. An opportunity to own this unique piece of land not to be missed..!! Approximately 6 Km from Kuantan town -Within a predominantly village setting with serene surroundings. -Sizeable area of 25,210sq m @ 271,367 sq ft or approximately 6 acres. -Leasehold expires in year 2116. Open Title (not a Malay-Reserve land). -With access to the beach. -Potential for high value development with unique selling point once developed. -Limited in market and hard to come by. Possible Development Proposal/Highest and Best Use Analysis Based on The Majlis Bandaraya Kuantan Local Plan. - For Residential use as stipulated in Title Document - Maximum density of 150 units per hectare (potential of up to 370 units of low rise condominium can be built) -Maximum heights of three (3) storey building allowed. Ideal for low rise concept/resort styled design -Potential GDV of RM 110,000,000 -Limited in market and hard to come by -Due to its strategic location, possible arrangements for a Guaranteed Rental Scheme (GRR) with expected rate @5% per annum -A sizeable land made possible for this type of development, where all surroundings are much smaller in size. Similar developments of seafront stratified developments are Sutra Villa Apartment, Timurbay and Kuantan Tembeling Condominium. From our enquiries, all the developments are experiencing good occupancy rates especially during holiday season. For Sale at RM15,800,000 @ RM58 per sq ft (Negotiable) Please do not hesitate to contact 0175557271 for further clarification and I will be ever willing to assist to my best abilities. Hope you have a pleasant day..!! Prepared By Aiman Hasnan (Registered Estate Agent - E2901) PA International Property Consultants Sdn Bhd (Kuantan-East Coast Branch) B36, 1st Floor, Lorong Tun Ismail 25200 Kuantan, Pahang O: 09-5315483 M:017-5557271
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