Good even fellow Investors of i3 Forum
We are happy to reveal the Amazing Price Rise of TSH RESOURCES' LANDS IN KUTAI WHERE "NUSANTARA" NEW CAPITAL OF INDONESIA is now Signed into Law
In year 1980 Deng Xipeng opened Shenzhen to Foreign FDI and in 30 years Shenzhen was transformed into the Industrial power house of China from a sleepy fishing village
In Oct 1995 the idea of Putrajaya, the New Admin Capital of Malaysia was mooted. By 1999 Putrajaya was trasformed from Jungle Land & Rubber Land into the New Admin Capital of Malaysia & became prosperous ever since
Today Indonesia has signed into Law the Shifting of Its Seat of Admin to NUSANTARA to be the New Capital of Indonesia
This single move will ernomously benefitTSH RESOURCES as it has 4 Palm Oil Estates in Kutai, East Kalimantan where NUSANTARA will be located
See MAP OF KUTAI (NUSANTARA) EAST KALIMANTAN
TSH HAS 3 PALM OIL ESTATES IN KUTAI WEST
AND ONE PALM OIL ESTATES IN KUTAI EAST
IN TOTAL TSH HAS
REFER TO TSH RESOURCES (ANNUAL REPORT (YEAR 2020)
Scroll down to Properties owned by TSH
ABOVE LANDS WERE BOUGHT IN YEAR 2006
IT IS UNDER PLANTATION LANDS
10,282 HECTARES
BOOK VALUE IS RM143,934,710 (ABOUT RM143.9 MILLIONS)
LET'S CULCULATE ITS PRICE PER SQ FT
FIRST CONVERT 10,282 HECTARES TO ACRES
SO 10,282 X 2.471
= 25,406.822 ACRES
TO CONVERT TO SQ FT
= 25,406.822 X 43560
= 1,106,721,166
OK ABOUT 1.106 BILLION SQ FT
TO GET THE COST PER SQ FT
DIVIDES RM143,934,710 BY 1,106,721,166 SQ FT
= 13 SEN PER SQ FT
AND HOW MUCH COST PER ACRE
.13 X 43,560
= RM5,665 PER ACRE
ABOVE IS ONLY ONE PIECE OUT OF 4 ESTATES (WE WILL KEEP THAT FOR LATER MENTION)
SO NOW WE KNOW TSH OWNS 25,406 ACRES LAND IN KUTAI WEST AT AVERAGE COST OF RM5,665 AN ACRE OR ABOUT 13 SEN PSF
OK NOW LET US GO SEE CURRENT LAND PRICE FOR SALE IN KUTAI WEST, EAST KALIMANTAN
Dijual cepat tanah 20 x 24 (480 m2), tanah strategis di pinggir jalan utama Barong Tongkok - kota Melak, Kutai Barat.
Lokasi tanah sudah ramai dikelilingi rumah penduduk, Toko, dan Ruko. Siap Listrik & Air.
Harga tanah bisa Nego.
Hubungi : 081285717777 (Telp/Whatsapp)
OK NOW WE GOT THIS PIECE OF LAND LISTED FOR SALE IN KUTAI BARAT ON 19, MARCH 2022 (TODAY)
LAND SIZE IS 480 SQ METER
PRICE IN RUPIAH 450,000,000
TO CONVERT 480 SQ METER TO SQ FEET
480 X 10.764 = 5,166 SQ FT
AND 450,000,000 RUPIAH IS RM131,557
NOW TO GET PRICE PER SQ FT
DIVIDES RM131,557 BY 5,166
= RM25.46
SO TSH BOUGHT THOSE LANDS IN YEAR 2006 WITH OLD BOOK VALUE
AT 13 SEN PSF
TODAY CURRENT ASKING PRICE IS RM25.46
OR UP A MIND BLOWING 19,500%
IT IS NO WONDER THAT BOTH DIRECTORS OF TSH - KELVIN TAN & LIM FOOK LIN HAVE BEEN LOADING UP ON TSH SHARES
IT IS ALSO NO SECRET THAT WALTON INTERNATIONAL (LAND BANKING SPECIALISTS) IS IN TOP 11 HOLDER OF TSH WITH 38 MILLION SHARES OF TSH
WARMEST REGARDS
Calvin Tan
Please buy or sell after doing your own due diligence or consult your remisier/fund manager
Created by calvintaneng | Aug 23, 2024
Created by calvintaneng | Aug 22, 2024
Created by calvintaneng | Aug 03, 2024
Hi Calvin, do you take into consideration the land will be expired by 2040 ? Will this affect the price of the land ?
2022-03-20 13:24
Singapore used to have only 10 year landlease for farming. Being too short they have extended it to 20 years
https://www.todayonline.com/singapore/new-agricultural-land-leases-be-extended-20-years-ava
2022-03-20 13:56
In Indonesia normal land lease for foreign investments are from 25 years to 35 years & renewable
https://www.expat.or.id/info/ownershiprights.html
2022-03-20 13:58
Indo land only 30 year lease max, so its back to Zero unlike Malaysia freehold land.
Better buy Calvin recommendation on MPCorp (Johor-FreeHold ) lah.
2022-03-21 11:28
Every day more and more good news emanate from Nusantara as building commense in earnest
Land boom is here and prices can only go higher and higher every single day
2022-03-28 07:29
calvintaneng
WALTON INTERNATIONAL IS IN TOP 11 OF TSH WITH 38 MILLION TSH SHARES
https://www.youtube.com/watch?v=JpfEQONZEPY
2022-03-20 00:13