If you believe in hard work, you can earn RM100,000 per year by becoming a planter. I have this idea of planting 10 ha for a start by just purchase 1,500 germinated seed from licence nursery of MPOB. An estimated amount of RM 5,000 per ha is sufficient to develop and maintained oil palm until fruiting, provided the land is your own and the location is not far from main road or nearby estate. Your total cost is about RM50,000 but this figure is accumulated over the period of 3 to 4 years of spending, so you don't really feel the burden of financing your enterprise.
To maximise land utilization, you can also introduce about 3 heads of cattle (2 female & 1 male) for cattle integration when the oil palm reach 5 years old. Using this concept, you can reduce cost of maintaining your cattle because plenty of forage underneath at the same time for cost cutting on fertilizer and weeding. Cattle will do natural grazing and the manure you can collect and treated with Effective Microorganism (EM) for organic fertilizer.
If the FFB price is around RM600 per tonne, you are expected to get a gross income of about RM3,000 per month after 4 years. And hopefully when your palm reach 8-10 year you should be able to get about RM10,000 per month.
It is a good idea to introduce free ranch livestock such as cross-bred chicken if you are doing this fultime. Your chicken will reach marketable age at 3 months and with a profit of about RM5 per heads. If you rear 5,000 heads of chicken with 4 batches per year, your income will be RM100,000 nett. You must secure your own market and ready for sacrifice of your time. The chicken dung to collect for fertilizer.
Gaharu trees can be planted at the perimeter as boundaries and need to be injected with fungus at the age of 5 years in order to produce resin. . Hope to have a good agarwood after 10 years. The price is RM10,000 per kg. You may plant 100 trees depending on your budget.
Finally, if you are interested in swiftlet farming, you can spend about RM20,000 for erect a building measuring 16' x 24' two storey, 20 feets tall. If you are lucky you may get about 1 kg permonth on th 2nd year. A residual income of about RM4,000 per month. While waiting for the swiftlet to multiple, you can utilize the ground floor as store..
With the about concept I think to become millionaire after 10 years is achievable, hopefully. Happy retirement is for sure.
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| 3 heads of Brahman cattle integration |
To maximise land utilization, you can also introduce about 3 heads of cattle (2 female & 1 male) for cattle integration when the oil palm reach 5 years old. Using this concept, you can reduce cost of maintaining your cattle because plenty of forage underneath at the same time for cost cutting on fertilizer and weeding. Cattle will do natural grazing and the manure you can collect and treated with Effective Microorganism (EM) for organic fertilizer.
If the FFB price is around RM600 per tonne, you are expected to get a gross income of about RM3,000 per month after 4 years. And hopefully when your palm reach 8-10 year you should be able to get about RM10,000 per month.
It is a good idea to introduce free ranch livestock such as cross-bred chicken if you are doing this fultime. Your chicken will reach marketable age at 3 months and with a profit of about RM5 per heads. If you rear 5,000 heads of chicken with 4 batches per year, your income will be RM100,000 nett. You must secure your own market and ready for sacrifice of your time. The chicken dung to collect for fertilizer.
Gaharu trees can be planted at the perimeter as boundaries and need to be injected with fungus at the age of 5 years in order to produce resin. . Hope to have a good agarwood after 10 years. The price is RM10,000 per kg. You may plant 100 trees depending on your budget.
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| Gaharu tree in 4 years old palm |
Finally, if you are interested in swiftlet farming, you can spend about RM20,000 for erect a building measuring 16' x 24' two storey, 20 feets tall. If you are lucky you may get about 1 kg permonth on th 2nd year. A residual income of about RM4,000 per month. While waiting for the swiftlet to multiple, you can utilize the ground floor as store..
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| 12' x 24 ' x 20' Swiftlet House capable of generating 1kg of EBN |
With the about concept I think to become millionaire after 10 years is achievable, hopefully. Happy retirement is for sure.
Hi sir, I have been following your blog. Congratulations on your smallholding. I have also started mine about 30 acres in Keningau, Sabah. Slow and steady la, lets hope all goes well. So many challenges. My company has been appointed distributor in East Malaysia for PalmBest, Nature's Best and ISO-K Foliar Feed Fertilizer, I am using this in my plantation now. It is 100% organic, and non toxic. It is proven and high yielding. I am trying to create awareness of using only organic fertilizer to improve our soil conditions for the duration of the plantation life, and it is very cost effective. If you are interested, please get back to me on 0198589988 or kalveet.sandhu@gmail.com
ReplyDeleteHow and where to get 10 Ha of land ?
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