Exotic Island in Borneo for Sale Rusukan Besar
Land
Exotic Island in Borneo for Sale: Rusukan Besar Island

Exotic Island in Borneo for Sale: Rusukan Besar Island
Start Price USD 5,500,000.00
Current Price USD 5,500,000.00
Time Left -
Bid Count 0
Buy It Now Price -
Reserve Price -
Start Time Thursday, August 28, 2008
End Time Thursday, September 04, 2008
Location Labuan F.T., Federal Territory of Labuan

See more about 'Exotic Island in Borneo for Sale: Rusukan Besar Island'

Description
A 27 acre Island, located in mysterious North Borneo, called Rusukan Besar Island, 5 Kilometers off the coast of Labuan Island in East Malaysia is for sale.The island is generally flat for the most part with a hill/slope towards the back of the island. 85% of the island remains virgin jungle and is untouched with the main front section of the Island cleared with low growing grass and white beach sand. The sea is crystal clear and perfect.More photos available for serious bidders. Please pm seller to have photo's emailed of the island and its main beach area. Photo in this listing includes photos of the the two other Islands surrounding Rusukan Besar Island. The Island is half way between the Royal Kingdom of Brunei and the Island of Labuan, a major off shore oil and gas station as well as an Off Shore Banking Center in Malaysia. As a Dive Master with SSI, I rate the diving off Rusukan Besar Island as among the best in the region especially down to the 2 war wrecks of a sunken American mine layer and Australian warship but its Borneo's best kept secret in my opinon.Travel time from the main jetty on Labuan Island to Rusukan Bear island is 20 minutes by speed boat.The Island has been in my family for over 50 year's and its time to let go. You will not find Islands in Malaysia, Singapore or Brunei for sale what more at this price. Offers have come in over the last 14 months since we advertised the Island for Sale on private island websites and so forth but we preferred to wait and to sell now that we are sure of the market price for this beautiful island we need to let go.The Island has 4 owners (my three uncle's and my dad) and we wish to sell this Island which passed was down to us from my grandfather who bought the Island just after the Second World War from the local government.The Island is 27 acres and Coordinates: 5 11 14 N, 115 8 30 EThere is no limitation on ownership of the island and the Island is located next to 2 World War 2 wrecks (the only one's in Borneo) which are 500m meters from shore at 35 meters and 40 meters in clear blue water.The Island has some huts built by passing and migrating fishermen off the coast of Borneo but we have kept the Island under watch and ensured nobody lives on the Island perm. These huts can be dismantled and removed at the request of the owner if privacy is needed for the new owner.Labuan has a great history dating back to the North Borneo Company in the 1700's and as a center of trade and commerce for the British in Borneo,Authencity of this sale/transaction and the Island can be provided to serious bidders if neccessary in the form of :1) Contact details of our Bank Manager at the Hong Kong and Shanghai Bank in Labuan AND the Regional Manager for HSBC East Malaysia to confirm the reputation and ownership of the Island.2) Copies of Land Titles issued by the North Borneo Govenment post Second World War.3) Contact details of our office and retail store in Labuan at our established Pte Ltd company as well as our business trading license registered in Labuan.SERIOUS BUYERS/BIDDERS PLEASE TAKE NOTE BEFORE BIDDING:PAYMENT:1) 10% Deposit will need to be paid to a valid Hong Kong and Shanghai Bank A/C within 14 days of the end of this bid with a Bank Draft issued to seller's legal company which will be advised once sale period has ended.2) Balance of payment due within 60 days of the end of this bid upon signing of SALE AND PURCHASE AGREEMENT and TRANSFER OF TITLE/DEED OF ISLAND and PAYMENT IN FULL OF STAMP DUTY.3) Seller will bear the legal fee's to draw up the Sale and Purchase Agreement.4) Buyer bears Malaysian Stamp Duty fees, and misc. fee's outside of the legal fee's which the sellers will bear.5) Failure to complete full payment within 60 days and signature of Sale and Purchase Agreement within the stipulated time will ensure you get a complaint filed again you on ebay and re-listing of the property.Once again, SERIOUS BIDDERS only please as we need to sell this Island. We are able to arrange sea transportation and also a short visit to the Island if neccessary for agents of bidders to make an assesement of the Island and location. I will be available to attend to buyers and bidders.About its location: Labuan island is located off the northwest coast of Borneo, north of Brunei Bay and faces the South China Sea. It comprises of the main island of Pulau Labuan and six smaller islands namely Pulau Kuraman, Pulau Daat, Pulau Rusukan Besar, Pulau Rusukan Kecil, Pulau Papan and Pulau Burung. It is located at 05 latitude North and 115 longitude East, and lies approximately 10 km southeast off the coast of the East Malaysian state of Sabah. Labuan is only 8km or twenty minute boat ride from Menumbok, a small fishing town in Sabah. High speed air-conditioned ferries ply daily to Labuan from Sabah, Sarawak and Negara Brunei Darussalam. The trip from Kota Kinabalu, capital of Sabah takes about 3 hours and about an hour from Negara Brunei Darussalam. It is roughly equidistant from Bangkok, Jakarta, Kuala Lumpur, Hong Kong, Manila and Singapore. There are direct flights from Kuala Lumpur as well as from Brunei. Labuan Island is mainly flat and undulating and the highest point is only 85 metres. More than 70 percent of the island is still under vegetation. Due to the fact that land utility is geared more towards property and industrial use, there is less agricultural activity in the area. Most of the island's prime land, waterfront and suburbs are utilised for residential and tourism development. A sizeable area on the south western side of the island is utilised by shipbuilding, manufacturing and oil and gas industries. Labuan has a tropical climate with two annual monsoon seasons - the South West monsoon from April to June and the North East monsoon from September to December. It is free from hurricanes and typhoons and enjoys good climate all year round. Daily temperatures average between 28 to 32 degrees celsius. English & Malay is widely spoken. Major chinese dialects (especially Hokkien) are spoken among the Chinese community. There are also dialects within Malay, such as Kedayan. You can arrive in Labuan by ferry from Brunei, Kota Kinabalu, Lawas, Limbang, Sipitang and Menumbok, where a vehicular ferry operates. Labuan is the usual port for changing boats for those getting from Kota Kinabalu to Brunei in a day by sea. See the Kota Kinabalu to Brunei in a day page for details. To/from Brunei: Five ferries daily, with additional services during the weekends, run between Labuan and the Serasa Ferry Terminal in Muara, Brunei. To/from Kota Kinabalu: At least two ferries daily at 08:30 and 13:00. From Kota Kinabalu, ferries depart at 08:00 and 13:30. The journey takes about 3 hours. To/from Lawas: One trip daily, departing Lawas at 08:00 and Labuan at 12:30. To/from Limbang: Two trips daily, departing Limbang at 07:30 and 08:00 and Labuan at 12:30 and 14:00. To/from Sipitang: Two ferries daily, departing Sipitang at 09:00 and 10:00 and Labuan at 09:00 and 13:00. Ferries run regularly between Labuan and Kota Kinabalu, Sabah and Muara, Brunei There are also regular daily flights from Kuala Lumpur and Kota Kinabalu . All flights land at the Labuan International Airport. . Duty-Free Shopping - This is one of Labuan's known attractions. Its modern shopping centres carry a wide range of locally-produced as well as imported goods. Most popular are spirits and tobacco, textiles and appliances. Every end of the year, the island hosts a month-long shopping carnival with attractive discounts. Cultural shows add to the excitement International Offshore Financial Centre - Pulau Labuan is Asia's newest international offshore financial centre. The 65 foreign banks operating on the island offer sophisticated offshore banking services and numbered accounts facilities to the world's rich and famous. World Class Sport Fishing Destination - Pulau Labuan is surrounded by six smaller islands namely Pulau Kuraman, Pulau Daat, Pulau Rusukan Besar, Pulau Rusukan Kecil, Pulau Papan and Pulau Burong. The blue clear water around these idyllic islands is home to one of the world's richest coral and fishing grounds which offers unlimited deep sea tackling and coastal table-fish catches. World War II Sites - Pulau Labuan is a significant historical destination particularly from the time of World War II. The Labuan War Cemetery, Allied Landing Point and Japanese Surrender Park are three major World War II sites attracting foreign and local visitors alike. A "Remembrance Day" is held every November at the Labuan War Cemetery to honour the 3,900 recorded graves of Fallen Heroes of World War II. This event is attended by Malaysian and foreign war veterans and family members of the Allied soldiers killed in action during the war between 1942 and 1945. International Sea Sport Complex - Besides the various activities already mentioned, Labuan also hosts the International Sea Challenge in May every year which comprises of four events - the Underwater Treasure Hunt, Jet Sport Challenge, Cross Channel Swim Challenge and Big Game Fishing Tournament. Wreck Diving - Pulau Labuan has one of the best wreck diving sites in Asia. There are four wreck sites on the island's locally known as The "Australian" Wreck, The "American" Wreck, The "Blue Water" Wreck and The "Cement" Wreck. The Chimney - The Chimney is just a short drive from the town just like any other destination due to the island size. It is where the coal mining was done in the early days. However no one knows the true purpose of the chimney. Bird Park - The bird park is just opposite of the Chimney. Consist of 3 major dome connected together. Houses a number of species of bird. Entrance is 3 RM for locals and 5 RM for foreigners. Beach - As the Pearl of South China Sea, it has beautiful stretches of beach. The famous ones are Pohon Batu and Pancur Hitam where the locals hang out and have a BBQ picnic during the weekend.Labuan is a very safe town. It is a very peaceful place and the people are very nice and friendly. Police presence is pretty hard to notice, possibly because of the calmness and peace of the town. You can notice lots of people jogging around in the evenings, even in the secluded roads in the hills. It is a peaceful Island. Crime rate is very low, despite the fact it is a duty free island and tourism is now booming in the Island with tourist from Brunei, Sabah, Sarawak and international destinations.Murphy Oil and Halliburton have established major oil and gas offices on the Island and this has been an added stimulant to the local economy but it is still in moderation.Roads are not busy, except occasionally in town. The driving attitude of people here are quite leisure. The current population of Labuan is 105,000 people with a growing expat population due to the surge in the oil and gas industry.

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