Good afternoon 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

 

 

 

(2 properti - Last Updated 

 

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