Oleh : Awis Qurni B. Zakariah

AZMI & CO (E012344)

DESA BUDIMAN LAND FOR SALE

CONTENT LAND INFORMATION LOCATION NEAREST PROJECT LAND POTENTIAL POTENTIAL OF TOTAL GROSS DEVELOPMENT COST OF LAND ACQUISITION TOTAL GROSS OF DEVELOPMENT COST (GDC) TOTAL OF GROSS PROFIT APPENDICES VALUATION REPORT LOCATION OF NEAREST LAND PURCHASING TERMS

LAND INFORMATION

Location : Taman Desa Budiman, Sungai Long , 43000 Kajang Selangor.

Land’s size : 9.812 acre Land Use : Residential (MCL) Lot No: Lot 2551, 2552, 2553 Mukim Hulu Langat. Price: 19 million

Current Price: Around 18 million.

LOCATION

LOCATION

NEAREST PROJECT

Taman Desa Budiman Sunville

NEAREST PROJECT

Green Acre Diamond Condominium

LAND’S POTENTIALLand’s status is residential and permitted density for

every one acre is:

- Up to 25 unit for landed property

- Up to 50 unit for every acre for Condo.Surrounding land is being developed with various of

project.There’s also a road access to the land.Referring to nearby to projects, two storey terraced

house in the adjacent land can be sold for 800k per unit. While for the Condo can be sold for 400k for each unit with an area of 1000 square feet.

POTENTIAL OF TOTAL GROSS DEVELOPMENT

If we see from current circumstances, total units of permitted residential are 250 unit for landed property while 500 unit for Condo.

Terrace RM800,000 X 250 unit = RM200,000,000(GDV)

Condo RM400,000 X 500 unit = RM200,000,000(GDV)

COST OF LAND ACQUISITION

Estimated cost of land acquisition (land prices + Stamp duty + S & P) is (RM19,000,000 + RM564,000 = RM85,000 + RM19,649,000)

TOTAL GROSS OF DEVELOPMENT COST (GDC)

Average development cost (GDC) in the Klang Valley area is about 50% to 60% of GDV referring to current development. For this land, because it is located near the road access, electric, water and with the flat terrain, I estimate the total gross construction land development is approximately 50% of GDV.

RM200,000,000 X 50% = RM100,000,000 GDC

TOTAL OF GROSS PROFITTotal of gross profit:

( GDV – GDC – Cost of Land Acquisition = Gross Profit)

RM 200,000,000 – RM100,000,000 – RM19,649,000

= RM80,351,000

Equal to 40% from GDV.

APPENDICES

VALUATION REPORT

LOCATION OF NEAREST LAND

PURCHASING TERMS

1st phase

• 3% of booking and Letter of Interest of Azmi & Co

2nd phase

• 17% payment to the lawyer during the S&P signing ceremony

3rd phase

• 80% of balance from bank’s loan

THANK YOU