Likas

Jalan Likas, Likas, Kota Kinabalu, Sabah

RM 3,000,000

Negotiable

sqft

15,029

sqft

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RM 199.61

psf


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Property details

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Bungalow Land for sale
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Leasehold
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Listed on 26 Sep 2026
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Listing ID - 502139161
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15,029 sqft land area
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RM 199.61 psf (land)

About this property

Likas Bay Landbank. 15k square feet. Fresh 99-Year Tenure Restoration

- Sovereign Footprint: Massive 15,029 sq. ft. dual-title land bank positioned in the core of the Likas educational corridor.

- Administrative Alpha: Fully restored 99-year lease tenure as of January 2026—eliminating future renewal friction and lease decay.

- Elite Proximity: Located within the immediate 3-minute circle of top-tier schools.

- Development Ready: Near-perfect road-level topography with minimal site preparation.

- Priced for Value: Independent professional valuation established at RM 3.3M; now offered at an aggressive price of RM 3.0M, representing a rare below-market entry point with pre-paid administrative certainty.

This is a rare private placement of a secure land bank in Likas Bay. Designed specifically for an asset expander or principal looking to architect a generational residence on a clean, century-long footprint.

The existing 1970s structure is treated as a nominal asset; the true value rests in the protected land size, double-title privacy shield, and freshly secured lease tenure.

​Private technical memorandum and documentation are available for qualified principals upon direct inquiry.
Common facilities
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Covered car park

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Perimeter fencing

Affordability

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Mortgage breakdown
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FAQs

The unit for sale in Likas, Kota Kinabalu is RM 3,000,000.
No.
Jalan Likas, Likas, Kota Kinabalu, Sabah.
The estimated loan repayment amount is RM 12,580 / mo.