DEV-P4001: 37,382 sf of Commercial Land at Shah Alam for Sale at RM56psf

View DEV-P4001: For Sale by Tender in a larger map

(Update, 25.7.2010 - Shah Alam, Section 27): This land is just behind the well-patronised SSW Emporium. At the minimum price of RM2.08 million, if you buy and lease it out (as, say, furniture exhibition space) at RM0.50 psf/mth (x 37,382 sf x 12 mths = RM 224,292), it will generate a gross rental yield of more than 10% over the minimum price.

Rental yield and capital gain upon disposal some time down the road are paramount to investor, 2nd layer or not is secondary. Don't you think so? If you believe there is commercial sense in buying this land, then there is still some time left.

Prokhas Property Tender or SSE 2/2010 will only be closing at 5pm, August 4th, 2010. For the original tender form, valuation report, draft Sale & Purchase Agreement and the likes, call me now at h/p no.: 012-288 6993.

If DEV-P4001 is too small to meet your requirements, there is another bigger piece of 6.2 acres in the same location. Details in my post on DEV-P4005 which should be above this post.

Thank you for your consideration.

Best wishes,
Douglas, Tan Gee Tick (E 1579)

GT REALTY [E (3) 0698]
22-B (2nd. Floor), Jalan 19/36,
46300 Petaling Jaya,
Selangor.

Tel: 03-7958 8821 / 012-288 6993
Fax: 03-7958 7821
Email: tanhalim1@gmail.com