LAND FOR JV DEVELOPMENT Prime Commercial Land – Bandar Kulim, Kedah Near Kulim Hi-Tech Park / Old Town Kulim Owner Open for Joint Venture with Developer ⸻ LAND DETAIL • Mukim: Bandar Kulim • Daerah: Kulim, Kedah • Land Size: 17,737 sqm (≈ 4.38 acres / 190,925 sq ft) • Category: Bangunan / Commercial • Tenure: Freehold (Geran untuk selama-lamanya) Express Condition: Digunakan sebagai tapak bangunan perniagaan. Encumbrances: None recorded. ⸻ LOCATION ADVANTAGE Strategic site in Old Town Kulim / near Kulim Hi-Tech area Key surroundings: • Behind Bank Islam & KWSP • 200 meters to UniKL & Politeknik Kulim • Near Kulim Hi-Tech Park • Located in established commercial township • Surrounded by shoplots, residential and institutions ⸻ DEVELOPMENT POTENTIAL Suitable for: • Service Apartment • Student Accommodation / Hostel • Mixed Commercial Development • Co-living / Rental Apartment ⸻ STRONG STUDENT RENTAL DEMAND Within 200m radius: UniKL Kulim Politeknik Kulim Current situation: • More than 3,000 students • Majority renting outside campus around Kulim • Strong demand for student hostel / serviced apartment This creates stable rental market for long term investment. ⸻ JV OPPORTUNITY Owner is looking for experienced developer to jointly develop the land. Possible JV structure (to be discussed in meeting): • Land Owner Contribution: Land • Developer Contribution: Development cost & expertise Indicative concept: • Service Apartment • Student Hostel • Mixed Commercial / Residential JV Terms: To be finalized during developer meeting. ⸻ SITE HIGHLIGHT Located within Old Town Kulim growth corridor Drop Pin : https://maps.app.goo.gl/qWQXyDtudmbeiKdL7?g_st=iwb Close to: • Kulim Hi-Tech Park • UniKL Kulim • Politeknik Kulim • Bank Islam • KWSP Office • Established residential area Strong rental & commercial catchment. ⸻ LAND SIZE BREAKDOWN • 17,737 sqm • ≈ 4.38 acres • ≈ 190,925 sq ft Large enough for: • Service apartment tower • Student hostel complex • Mixed development