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sold for

RM620,000 (RM28.47 psf)

Kempas Baru, Johor agricultural land sold for RM620k | DONE DEAL

Concluded by: Wan Noorain pro agent (REN 20972)
REAPFIELD PROPERTIES SDN. BHD.
01132309743
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According to Wan Noorain (REN 20972) (011-3230 9743) of Reapfield Properties Sdn Bhd, the buyer cited the property’s freehold status and land size as key considerations, noting its suitability for a future retirement home with a garden. The previous owners stated that the decision to sell the land that was inherited from their late father was based on the fact that they were now residing outside of Johor.  

No transaction data was available for Kempas Baru agricultural land.

As of beginning-May, based on *nine sale listings on EdgeProp for agricultural land at Kempas Baru, the average asking price was RM22,271,997 or RM78.94 psf, based on built-ups ranging from 21,000 to 3,484,800 sq ft. Based on one rental listing, the monthly asking rate was RM15,000 or RM0.22 psf, based on a built-up at 67,500 sq ft.

*This number does not represent unique listings

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Wan Noorain pro agent
REAPFIELD PROPERTIES SDN. BHD. (REN 20972)
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