马来西亚 猫山王榴梿园 出售 Mature Musang King Durian Plantation in Machap (Johor, West Malaysia) for Sale

I have a mature durian farm in Johor for sale. I am a Singaporean, selling as the owner of the farm (not agents), having owned the farm for more than 30 years. Pictures attached are actual farm pictures. There are no audited financial statements as the farm has been operated as a one-man show in the past and has been leased out since year 2015.

Types of Durians Planted:
Total durian trees is about 300 (estimated 100 Black Thorns, 70 Musang Kings, 130 D24, 101, XO etc). Most of these durian trees are more than 20 years old ie in the stage of producing excellent durian fruits.

Land Size & Condition:
5.01 hectares (12.39 acres). Freehold. Title deed will be shown upon meet-up
Gentle sloping land (good for durians so that there is no excessive water retention in soil)
Land valuation without durians is estimated SGD 600,000

Potential for Growth:
1. Location around the farm is also developing, giving higher value appreciation to the land itself.
2. China's market is too huge to miss, especially when price of durian there can easily triple the prices in Singapore and only less than 5% of China population of 1.4 Billion people have experienced good durians. China has opened up for whole husk durian imports from Malaysia since 2019.

Location:
The farm is located in the vicinity of Kampung Machap, 86200 Simpang Renggam, Johor, Malaysia, about 1 hour drive after Woodlands checkpoint. The farm is just beside the North-South Highway Machap exit (see map in picture uploaded).

Current Condition:
The farm is now leased out to an experienced Malaysian durian farmer for past few years, thus explaining why the farm is so tidy and well arranged with nets etc as seen from the pictures uploaded. Yearly lease ends on September each year. Under our lease agreement, the lessee can be asked to vacate the land immediately once new owner takes over or the new owner can renegotiate a new lease price and agreement upon take-over.

Asking Price:
We are looking at a price of around SGD 2.9 Million ie S$5.37 psf
Land value itself (without durians) is already valued at about SGD 600,000. Report can be shown on request.
Singapore, Iskandar zone and Senai Airport are all less than one hour's drive away from our farm.
An uncultivated piece of land, about 5acres, 2km away from us, has been sold for S$3psf in 2018.