Sitiawan, Perak

OIL PALM PLANTATION – SITIAWAN, PERAK

PROPERTY OVERVIEW
An established oil palm plantation comprising approximately 1,049.0717 acres, strategically located in the area, Perak. The estate comprises a combination of freehold and leasehold land and is planted with oil palm trees of various age profiles.

LAND PARTICULARS
Total Land Area: 1,049.0717 acres
Freehold Land: 761.866 acres
Leasehold Land: 287.2057 acres
Leasehold Tenure: 60 years
Lease Expiry Date: 30 June 2068
Total Number of Titles: 195 titles
Malay Reserve Land: Approximately 300 acres
Land Use: Oil palm plantation
Oil Palm Variety: DXP – APM
OIL PALM AGE PROFILE

The plantation comprises oil palm trees of various age groups:

8–10 years: Approximately 380 acres
5–7 years: Approximately 300 acres
2–4 years: Approximately 150 acres
0–1 year: Approximately 170 acres
Newly planted / young trees: Approximately 50 acres

All acreage figures above are approximate and subject to verification.

FFB PRODUCTION / HARVEST RECORD
Historical Fresh Fruit Bunches (FFB) production is as follows:

2019: Approximately 3,800 metric tonnes
2020: Approximately 2,000 metric tonnes
2021: Approximately 4,100 metric tonnes (8 months)
Current production: Approximately 600–700 metric tonnes per month

Based on the current production level, the plantation is presently producing approximately 7,200–8,400 metric tonnes of FFB per annum, subject to seasonal conditions and actual harvesting performance.

LOCATION & ACCESSIBILITY
Access to certain parts of the plantation requires transportation by boat.
The estate is supported by its own boats and operational machinery for plantation activities and transportation.
WORKFORCE
Total workers: Approximately 20 workers
PLANTATION ASSETS & MACHINERY

The plantation is supported by the following operational assets:

3 units – Boats
2 units – Kubota machinery
3 units – Tractors
3 units – Trailers
2 units – Lorries
Miscellaneous plantation machinery and equipment

INVESTMENT HIGHLIGHTS
Substantial plantation comprising approximately 1,049 acres
Combination of freehold and leasehold titles
Approximately 761.866 acres of freehold land
Established DXP oil palm plantation with a diversified tree-age profile
Current FFB production of approximately 600–700 metric tonnes per month
Existing workforce of approximately 20 workers
Plantation comes with essential operational assets, vehicles and machinery.