Di Bawoh Rang Ikang Kering
Random Ramblings of A Retired Retainer


Tuesday, January 11, 2005

I have to apologize if you think that this post exploited your indulgence in any way. I have wrestled with this post for a while and decided to risk it.

I am asking for your help in my attempt to sell a piece of land in Merang, Terengganu. It is too small to be given to my 6 children and I need to remedy my cash flow situation fast. I have advertised in Berita Harian and also in Catcha.com without much response. My many brokers were not of much help either. So if you know of anyone who wants to invest in Terengganu, please read on.

The investment scene in Terengganu has changed somewhat. New government, new hopes and also the new East Coast Highway make investing in Terengganu worthwhile. I hope this piece of land will be part of the investment.

The land (marked in yellow) is 1.9 acres with a road frontage. The dotted line you see in the plan is the coastal road going from Kuala Terengganu to Kota Bharu. It is situated next to the entrance of Aryani Resort and not very far from other resorts. It is not exactly beach front because there is another plot of land between it and the sea (blue in the picture). But if you are a beach lover, it is only 100 meters to the sea. The land is about 25 minutes from the Kuala Terengganu airport and about 40 minutes from Kuala Terengganu itself. The area is growing with a petrol station and the National Service camp as recent additions.

The land is flat but not waterlogged during rainy seasons. It is devoid of any structures at the moment. You can build one house of any size but if you want to build several chalets or whatever, you have to get permission from Majlis Daerah Setiu. I don't foresee any problem there because the land is in a belt earmarked for tourism activities. Of course, I will extend any help necessary if you need the permission. At the moment, the property is under Geran Mukim which means that the title can only be transferred to a Malay. But there is nothing to stop a non-Malay from using the land for tourism-related business or any other purpose as long as it is legal.

Let me know if anyone is interested. The forced-sale price for the whole piece is RM 130,000. If you can get a better price than that, you keep the difference. If you want the land for yourself, a bank manager in Kuala Terengganu has promised to help with your loan. You can give 20% down while waiting for the loan. I just need enough to get me some teeth. I am tired of gumming my jagung rebus. And I hate to see my friends opening an umbrella while I talk to them.