The land is located in a strategic location in Ipoh. As an investment, the land value has the potential to appreciate. It is located close to established housing estates of Caning Garden and Ipoh Garden in the west and Tasek and Bercham in the north. Popular hypermarkets such as Makro, Jusco and Tesco, and a private hospital i.e. Pantai Puteri Hospital are a short distance away from this vacant land.

Lot 147793 is in a housing area known as Rancangan Perumahan Tersusun Tasek and the residents here are mostly in the middle-income group from the government and private sectors. Houses in this area are private designed single and double storey bungalows with their owners being mostly Malays. The size of a standard lot in this housing area is about 5,000 square feet. The land for sale however is 7,990 square feet (66.6 ft x 120 ft) and is a leasehold property expiring on 2083.

The asking price for the land is RM90,000. The price is very reasonable considering the numerous infrastructure and amenities found in the vicinity of the land. As comparison, a leasehold property measuring about 5,000 square feet in Taman Meru near Silibin in Ipoh was advertised for sale by its owner for RM150,000. Facilities in Taman Meru are limited and are in no way comparable to those found in the area where Lot 147993 is located. The only expressed condition in the land title of Lot 147993 is that an application for a transfer of this land to a new owner has to have the prior approval from the Perak State Government.

Besides the list of fascinating hypermarkets and complexes such as Jusco, Tesco and Makro that are located close to the land, the newly opened themed water park called “The Lost World of Tambun” (Ipoh’s Sunway Lagoon) is a short distance away. This theme park (website : http://www.sunway.com.my/lostworldoftambun/main-tb.asp)is owned by the Sunway Group (website : http://www.sunway.com.my). The Sunway Group is a well-known property developer in Malaysia.

In addition to the above-mentioned facilities, the land is a few distance away from the North-South Highway and residents in this area has easy access to cities or towns in the country to the north or south of Ipoh. For all the infrastructures in the vicinity, the value of the land for sale has good potential to appreciate.

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