LAND FOR SALE/JV IN TAMAN SUNTEX CHERAS

PROPERTY INFO

·         Commercial land

·         Category of land use : Building

·         Freehold

·         Approximately 1.83 acres @ 79,714.8 sft

·         Plot ratio 1: 2.7

DETAILS OF DEVELOPMENT ORDER

·         Building plan approved in October 2016.

·         AP approved September 2017.

·         Two (2) blocks of total 150 units apartments. Out of 150 units, 40 units will be Rumah Mampu Milik.

·         90% of the piling works have been completed.

LOCATION

·         Taman Suntex, Batu 9, Cheras, Selangor.

 ACCESS

·         Direct access from Jalan Cheras Permai 2.

EXPRESSWAY CONNECTIVITY

·         Easily access to Cheras-kajang Expressway.

PROXIMITY

·         5 minutes to MRT Taman Suntex.

·         Within 15 km radius of Silka Cheras, Leisure Mall, Ikon Mall, Taman Connaught, Bandar Mahkota, Bandar Sungai Long, HUKM and Colombia Asia.

RESTRICTIONS

·         Express of Condition – Residential and commercial development

·         Restriction In Interest – Nil

MUNICIPAL

·         Majlis Perbandaran Kajang (MPKj)

JV TERMS

·         80% - 20% JV ratio.

·         RM 2 million upon signing JV agreement.

·         Prospective developer to subsume bank encumbrances of around RM 8 million.

·         Further terms to be negotiated.

OUTRIGHT SALE ASKING PRICE

·         RM 17 million as is where is basis.

INQUIRY

·         Contact Aziz @ 019-3283153

·         REN 13367

·         Legacyprop.blogspot.com