Citadines Medini at UMCity Medini Lakeside

79250 Nusajaya, Johor, Malaysia
United Malayan Land Bhd (UMLand)
From HK$760,000
1.420825
103.625200
17
Citadines Medini at UMCity Medini Lakeside
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 Why Medini?

The special economic zone of Medini is set to be the new CBD of Johor Bahru, Malaysia. 

 

Proximity to Singapore

Adjoining the Singaporean border, Malaysia's southern state of Johor is a fast-growing region akin to Shenzhen vis-à-vis its relationship with Hong Kong, and boasts immense development potentials. In particular, the southern corridor of Iskandar within Johor is an area of strategic development by the Malaysian government.

Within Iskandar, 5 flagship zones are identified with economic growth focus. Of the 5 zones, Medini is the only special economic zone located in Flagship B Iskandar Puteri. Medini is set to be the new Central Business District of Iskandar specializing in finance and biotechnology, education, medical tourism, entertainment and recreation, and state administration.

It is merely a 20 minute drive to the Singapore customs "Tuas Checkpoint".

Medini Exclusive Benefits

As this special economic zone benefits from no real property gain tax, reduced expat income tax for qualified knowledge workers, and corporate tax could be exempted for 10 years for approved companies, it has attracted an influx of international corporations with the freedom to source workers globally without restriction.

Mass Investment

Currently, this region has received RM262.43 billion in cumulative investment, and its activities range from manufacturing, tourism, healthcare, emerging technology, education, finance, creative, to a plethora of miscellaneous industries. 

To date, many international firms have already settled in Medini. Microsoft has invested RM5-6 billion to set up its data center, while Huawei has set up its first regional data hosting center for its Asia Pacific Digital Cloud Exchange service. Hershey, one of the largest global chocolate manufacturers, has invested RM 816 million for a new 70,000-sq. ft. manufacturing plant, while UK-based Pinewood studio has also settled in the area. Therefore, the demand for housing for expatriates has risen sharply. 

Excellent City Planning

EduCity, another highlight of the Medini zone, features a myriad of recognized educational institutes, including University of Southern California and Raffles University. For primary and secondary education, boarding schools are scattered across the neighborhood, for instance, the Marlborough College Malaysia and Raffles American School. Other tourism hotspots nearby include the Puteri Harbour and Johor Premium Outlet, both  providing abundant shopping and dining ideas. The highlight feature of Puteri Harbour is its yacht docking facilities.

 

 

Whilst every care has been taken in preparation of these materials, Jade Land Properties (HK) Limited and the respective landlords/vendors give no warranty, expressed or implied, as to the completeness or accuracy of the information contained herein. The information contained herein does not form part of an offer or contract. Prices and details are correct at the time of publishing. Readers are advised to make their own enquiries to verify such information.

 

Property Details:

Citadines Medini is a branded lakeside residence in the heart of the CBD in the special economic zone of Medini.

Brought to buyers by one of Malaysia’s top 10 developers UMLand, and construction partner Samsung C&T – builder of the world’s tallest building Burj Khalifa in Dubai, investors can restassured of  the project’s quality and appreciation potentials.

Highlights:

– Only 3-min to Legoland and 20-min to the Singapore customs “Tuas Checkpoint”
– Views over Legoland and a 13-acre landscaped natural lake
– Branded residences serviced by Ascott hospitality group
– Sizes ranging from 430 sq.ft. (Studio) to 1,291 sq.ft. (2 bedrooms)
– Scheduled for completion in Q2 2020
– Starting from HK$760,000 including furniture & appliances (MYR:HKD = 1:2)

UMCity Medini Lakeside

Citadines Medini is part of the 30-acre UMCity Medini Lakeside integrated complex. There are 5 main components of UMCity Medini Lakeside:

1) Citadines Medini – serviced apartments & private residences

2) Shama Medini – serviced apartments & private residences

3) UMCity A-grade offices

4) Ozo Medini – hotel

5) UMC Mall – 300,000 sq.ft. retail quarter

Citadines Medini stands out for being serviced by The Ascott, one of the world’s largest international serviced residence owner-operators.

Whilst every care has been taken in preparation of these materials, Jade Land Properties (HK) Limited and the respective landlords/vendors give no warranty, expressed or implied, as to the completeness or accuracy of the information contained herein. The information contained herein does not form part of an offer or contract. Prices and details are correct at the time of publishing. Readers are advised to make their own enquiries to verify such information.