RM1bil land sale by Sime Darby


PETALING JAYA: Sime Darby Plantation Bhd (SDP) is looking to dispose of over 4,300 acres of freehold estate land in Peninsular Malaysia that is estimated to bring in proceeds of more than RM1bil if it is able to get the price it seeks.

Industry experts generally have pegged the sale price between RM200,000 and RM250,000 per acre, which is described as the higher band of valuation for brownfield plantation land.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Sime Darby Plantations , sale , land , non-core , , SDP , price , Bursa , shares , Bakke ,

   

Next In Business News

Binastra gets RM256mil data centre job
Last-minute selling drags FBM KLCI down
SMG sees 9% jump in 3Q revenue
Trump’s economic policies can add RM19.7bil to Malaysia's GDP- Juwai IQI
Sony is in talks to buy media powerhouse behind 'Elden Ring', sources say
Singapore shares hit 17-year high on market revival efforts
Boost launches BoostMyMoney with UOBAM Malaysia
Malaysia raises December crude palm oil export duty to 10%
China expected to leave benchmark lending rates unchanged on Wednesday
Hibiscus Petroleum posts lower 1Q net profit of RM75.6mil

Others Also Read