23
Cheras, Selangor
RM 8,800,000Residential Land For Sale
, posted 4 days ago
1.39
Acre(s)
Description
Developer Land | 1.39 Acres Cheras |
🚨 DEVELOPER OPPORTUNITY | 1.39 ACRES DEVELOPMENT LAND | CHERAS
🏗️ 60,739 SQFT LAND BANK IN CHERAS
💰 ASKING PRICE: RM8.8 MILLION ONLY
📊 STATED MARKET VALUE: RM11 MILLION
🔥 RM2.2 MILLION BELOW STATED MV
💵 APPROX. RM145 PSF ASKING
📊 APPROX. RM181 PSF STATED MV
This is more than just a vacant land.
A sizeable ±1.39-acre land parcel with an existing express condition for Rumah Pangsa, offering an opportunity for developers and investors looking for a residential-related development site in an established Cheras catchment.
📍 Location: Cheras, Selangor
📐 Land Size: 60,739 sqft / ±1.39 acres
🏠 Category: Building
🏢 Express Condition: Rumah Pangsa
🇲🇾 Malay Reserve
📜 Tenure: Leasehold until 3 March 2091
💥 WHY SHOULD DEVELOPERS LOOK AT THIS?
✅ Attractive entry price at RM8.8M
✅ Stated MV of RM11M
✅ RM2.2M below stated MV
✅ Large 60,739 sqft land parcel
✅ Existing residential-related express condition
✅ Established Cheras residential catchment
For serious developers, the opportunity is not simply about the land price.
The key is to assess the development potential, density, plot ratio, potential unit yield, GDV, construction cost and Residual Land Value (RLV) to determine the overall project feasibility.
🏗️ 60,739 SQFT
🏢 RUMAH PANGSA
📍 CHERAS
💰 RM8.8 MILLION
📩 Serious developers / investors are welcome to enquire for further details, site briefing and land information.
Mael Saleh
AFZ Realty Sdn Bhd
Your Trusted Property Agent
🔥 RM8.8M | 1.39 ACRES | CHERAS | RUMAH PANGSA
🏗️ 60,739 SQFT LAND BANK IN CHERAS
💰 ASKING PRICE: RM8.8 MILLION ONLY
📊 STATED MARKET VALUE: RM11 MILLION
🔥 RM2.2 MILLION BELOW STATED MV
💵 APPROX. RM145 PSF ASKING
📊 APPROX. RM181 PSF STATED MV
This is more than just a vacant land.
A sizeable ±1.39-acre land parcel with an existing express condition for Rumah Pangsa, offering an opportunity for developers and investors looking for a residential-related development site in an established Cheras catchment.
📍 Location: Cheras, Selangor
📐 Land Size: 60,739 sqft / ±1.39 acres
🏠 Category: Building
🏢 Express Condition: Rumah Pangsa
🇲🇾 Malay Reserve
📜 Tenure: Leasehold until 3 March 2091
💥 WHY SHOULD DEVELOPERS LOOK AT THIS?
✅ Attractive entry price at RM8.8M
✅ Stated MV of RM11M
✅ RM2.2M below stated MV
✅ Large 60,739 sqft land parcel
✅ Existing residential-related express condition
✅ Established Cheras residential catchment
For serious developers, the opportunity is not simply about the land price.
The key is to assess the development potential, density, plot ratio, potential unit yield, GDV, construction cost and Residual Land Value (RLV) to determine the overall project feasibility.
🏗️ 60,739 SQFT
🏢 RUMAH PANGSA
📍 CHERAS
💰 RM8.8 MILLION
📩 Serious developers / investors are welcome to enquire for further details, site briefing and land information.
Mael Saleh
AFZ Realty Sdn Bhd
Your Trusted Property Agent
🔥 RM8.8M | 1.39 ACRES | CHERAS | RUMAH PANGSA
Property Details
Property Type
Residential Land
Tenure Type
Leasehold
Land Title
Malay Reserved
Land Grant Available
Yes
Mortgage Estimation
RM 36,904
Estimated monthly installment (Interest rate 3.8%)
⚠️ This is for reference only and is not a quote. Results vary according to different financial institutions. Mudah.my doesn't guarantee it's accuracy or applicability to your circumstances.
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