Chance to Own a Freehold Land in the "Town of Rain" via Private Auction Sale
Another good land offered by Owner Auction!
This is a 1.8 acre development land located in Mukim Tupai, Taiping. Located strategically, the famous Taiping Lake and Taiping Zoo are just 5-minute drive away, whereas Taiping Mall is just approximately 6-minute drive away. From this land, you can get anything, anywhere just at the tip of your fingers.
The land was approved with a Development Order (expired in 2019) for a 23 storey condominium (224 units) together with recreational facilities and a multi storey car park, an estimated GDV of RM60million project. It is by far one of the cheapest freehold development land available in the market. Road access as well as Sewer Treatment Plant and Sewer Pump House has been built and in operational status, offering an ease to new owner for future development project.
The approval had no restrictions on either Bumi quota or a low cost requirement. The owner wish to invite bids at a very attractive reserve price of RM 4.5 million only.