For SaleAgricultural Land

Bongawan Beach Front Land

RM 1,500,000

Land: 52,743 sq ft

Property details

Cost per unit: RM 28
Posted on 18 Jul 2023
Agricultural Land
Available from 18 Jul 2023
Leasehold tenure

About this property

For SELL | Bongawan Beach front Land | CL99 | Firefly | Sunset | Papar

-- Located in Pantai Kenangan Bongawan | CL025360061 | Remaining tenure of 65 years.
-- The land area is approximately 1.21 acres (0.49 hectares / 52,743 square feet) and is situated beside the main road. The land has a rectangular shape and is flat.
-- It is located 3.7 kilometers (11 minutes) away from Bongawan town.

The specific location coordinates on Google Maps are 5.558617, 115.845853.

Selling prices = RM1.5 million, which equates to RM28.44 per square foot.

Point to Considering :
It's important to note that Pantai Kenangan is one of the beautiful beaches in Sabah. It is located approximately 4 kilometers from Bongawan town, Sabah. Currently, the land is being used for agriculture purposes, but the next buyer can apply to convert it for tourism usage. However, since it is currently used for agriculture, the bank valuation is lower. Therefore, potential buyers should be aware of the low margin from the bank. Alternatively, buyers can consider investing in this beachfront land with cash, anticipating future land appreciation due to the booming tourism activities.

Another reason to be attracted to this beachfront land is its proximity to Bongawan jetty, allowing easy access to the nearby mangroves, wildlife, and an opportunity to enjoy a picturesque boat journey through villages and forests, where one can spot Proboscis monkeys, long-tailed macaques, and river otters. Additionally, one can witness the breathtaking sunset at the Sky Mirror beach and embark on a fireflies cruise, marveling at the radiant glow of fireflies illuminating the trees.

Call Now For APPOINTMENT
0172616216
0172616216
0172616216

Abby Tan | Team Leader | REN20757
IQI Global @ Kota Kinabalu
www.AbbyTan.com

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Location & Nearby

Pantai Kenangan, Bongawan, Jalan Pantai Kenangan, Papar, Sabah, Malaysia


Mortgage calculator

Per MonthRM 7,247
Down PaymentRM 150,000
MortgageRM 1,350,000

*Estimates based on standard Malaysian commercial loan terms. Rental income offset shown vs. monthly payment. Consult a licensed financial adviser before proceeding.

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