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 Venturing into Agriculture & Aquaculture, Co-Ordination & Implementation is KEY

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zyper
post Mar 3 2013, 08:21 PM

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Hi all

Iam new to agriculture and aquaculture industry. Iam from Singapore and thinking of opening up a farm in Malaysia with some people.

Well actually someone else is looking for a land in Malaysia and he is interested in agriculture industry. He has a farm in Philippines and elsewhere with other people. Iam just starting to learn new things and this guy knows alot of things about planting stuff.

So Iam looking for land for lease, he said he wants to start with kelapa sawit. I have seen some ad online and somewhere else, but I do not know whether to trust them as I have some relatives who have been cheated when they are about to buy house in Johor. So can I get some recommendation from the trustworthy people here to lease land in Malaysia? How much is 1 acre cost?

Thanks
zyper
post Mar 9 2013, 05:19 PM

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Joined: Feb 2013


QUOTE(ParaOpticaL @ Mar 4 2013, 08:10 AM)
Welcome abroad...

careful when you go on buying land.
its more important to source for property agents that cover areas that you are interested to buy rather than simply going online. this is because there had been land scams where the land was sold over and over a few times...

what kind of farming are you planning to do ???

Oil palm is profitable provided you have a big land to do so. if too small it is just uneconomical...
*
Thanks for the reply MrFarmer & ParaOpticaL biggrin.gif

Iam in IT line so Iam a little bit busy doing some projects and Iam surprise that some of you came from IT or Engineering background.

Well personally I hope that everything will sail smoothly this year and going to loan some land in Philippines to plant padi and corn.

Iam not sure whether foreigners is able to buy agriculture land in Malaysia because I have been told that we can't buy that kind of land, is this true??
I have read about the bumi and non bumi land. The guy that is going to invest in Johor wants to plant kelapa sawit but Iam not sure whether he wants to
plant something else. He wants to lease it but my Malaysian uncle and lecturer told me it is better to buy the land for planting purposes rather than leasing it but Iam not sure whether foreigners can buy the land.

So Iam currently looking for land in Johor but Iam open to elsewhere in Malaysia. Btw you guys did a great job doing the newsletter and maybe I can help with the design of it.




 

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