Commercial Land For Sale(Vacant) - Kota Damansara / Petaling Jaya

Kota Damansara / Petaling Jaya

Quick Summary

Status:
Sold
Sale Price:
RM 75,000,000
RM 390 per sqft
RM 4,197 per sqm
RM 16,983,697 per acre
Location / Development:
Kota Damansara / Petaling Jaya
Locality:
Kota Damansara, Selangor
On Sale Condition:
Vacant
Property Type
Commercial Land
Land Area:
192,360.95 sqft / 17,870.92 sqm / 4.42 acre
Latest Updated:
Feb 14,2019
Overall Rating:

Description

JOINT VENTURE & SALE WITH BUILDING OF 4.416 ACRES MIXED- DEVELOPMENT LAND AT KOTA DAMANSARA, PETALING JAYA

PERTINENT DETAILS:                         

LOCATION : Kota Damansara, Petaling Jaya  
TYPE OF PROPERTY : Mixed development land with building
LAND AREA : 4.416 acres 
TOTAL BUILT UP AREA: 110,000 sq ft - Off 3 Storey 28,000 sq ft /                        Whse 82,000 sq ft
TENURE : Leasehold  
LAND USE : Commercial
TENANTED RENTAL: RM220,000 (RM2 per sq ft)
SELLING PRICE : RM75 Million  
JV TERM & CONDITIONS : To joint-venture and take-over and develop the land 
                       and complete within 5 years. Asking JV sharing percentage 25/75

                         Outstanding bank loan at the moment is RM38 Million to be undertake by the JV partners

OTHER DETAILS:
1. Location: Centrally located directly opposite the booming KWASA Land ( a wholly owned by EPF). Along and facing Jalan Surian main road. LRT station is just a stone throw away 

2. The subject property is in between The Paramount Development project and Brithsh India Developmnt (refer to Google Map).

For more information, please contact:
PETER TAN 
Mobile +6019-219 5718
REN No: 00552 
Email: [email protected]

Tenure:
Leasehold
Current State:
Vacant

Map

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