Real Estate in Iskandar and Singapore: August 2013

Wednesday, August 14, 2013

The Meridin @ Medini -- Introduction
The Meridin @ Medini is located at Iskandar Malaysia, Medini North, this is a mixed development comprises of condominiums, serviced apartments, SOVO lifestyle retail, boutique hotel & office towers. This development is one of the many projects by Mah Sing Group Developments in South Johor.

This development will be launch in 2 phases:
Phase 1 : Meridin Suites Residences comprises of:

2 blocks of 28 & 35 storey condominium of total 306 units

2 blocks of 4 & 18 storey service apartment of total 485 units

TOP podium retails of total 38 units

Phase 2 : Meridin Linx, Meridin Exchange & Meridin Walk comprises of:

15 storey service apartment, SOVO (Small Office Versatile Office)

2 blocks of 22 & 24 storey office tower, hotel twer, shop lots & podium Retail lots

Meridin Suites Residences
Studio (450 sf -- 600 sf) (Indicative price from RM288,000)

1 Bedroom (600 sf -- 800 sf)
2 Bedrooms (800 sf -- 900 sf)
3 Bedrooms(850 sf -- 1,100 sf)
Meridin Walk
Podium Retail shops (1,000 sf - 1,500 sf)
Meridin Linx
SOVO (Small Office Versatile Office)
The Meridin @ Medini -- Location

The Meridin @ Medini is located in Iskandar Malaysia, Medini North. This development is in close proximity toLegoland Malaysia, EduCity, Lifestyle Mall, Kota Iskandar, Putri Habour, approximately 5 minutes drive from The Meridin.

http://youtu.be/5hKfnYZCunM

Afiniti Medini

Derived from the word 'Affinity' which denotes a relationship between everything that you desire and the blissful offerings of this oasis, AFINITI, Medini is perfectly in tune with your needs and aspirations. This mixed-use development comprises serviced apartments, residential units, wellness centre, corporate training centre and wellness-themed retail.

http://youtu.be/by1YfvQpgPg

JOHOR BAHRU: The Prime Ministers of Singapore and Malaysia launched two wellness projects in Medini at Iskandar Malaysia and a mixed development project at Danga Bay in Johor Bahru on Tuesday.

Fresh from the launch of joint development projects in Singapore, Prime Minister Lee Hsien Loong and his Malaysian counterpart Najib Razak travelled to neighbouring Johor Bahru where the two wellness developments were unveiled.

Afiniti Medini, an urban wellness project, is aimed at becoming a regional destination for families, tourists and professionals. It features a wellness centre, service apartments, a corporate training centre and retail space. Afinity Medini is expected to be completed by the end of 2015.

Both leaders also launched Avira, another resort wellness project at Medini Central which will have homes, serviced apartments and commercial space. The development is expected to be completed in 2018.

The two projects are jointly developed by Khazanah Nasional and Temasek Holdings.

Medini is among the five flagship zones at Iskandar Malaysia and is a 40-minute drive to the Central Business District in Singapore.

Both projects will have a total gross development value of three billion ringgit.

Mr Najib acknowledged that the success of the Iskandar project has exceeded the original plans and there has been a significant increase in investments from Singapore companies in Iskandar Malaysia.

Mr Najib said: "We both agree that we should develop something which develops the true meaning of the word "iconic" and from what I can see it befits the description. This will be truly an iconic and and landmark project which will certainly bring much benefit not only to those people involved in this project and users of this projects, but also indicative of the growing stronger ties of the two countries.

"I would say there is a significant increase of investments from Singapore. During our bilateral discussions this morning, we stressed the importance of the Industrial Working Group to meet on regular basis to encourage investors from Singapore to relocate their investments here, as well as for new investments to take place here in Iskandar."

Mr Lee said: "This is going to be an oasis not only for people from Malaysia or Singapore, but perhaps from all over the region to come and recharge their batteries, enjoy the environment and absorb the spirit of wellness."

He said the Malaysian government had shown commitment and drive to develop Iskandar Malaysia.

Mr Lee said: "A lot of investments have come in from the government, a lot of investment has come in from the private sector and significant amount of that has come from Singapore.

"I believe there is a lot of potential because from Singapore's point of view, we are developing and at the same time, there is a lot of spillover of what Singapore companies which want to expand or companies which want to come to Singapore but can't quite fit into Singapore. I think Iskandar offers a prime opportunity for them.

"As long as the Malaysian government pursues this to develop Iskandar and to link up with Singapore, the prospects are very good and from Singapore's point of view, we are very happy it is going to succeed."

Also launched on Tuesday is a 3.2 billion ringgit joint venture project in Danga Bay - a 20-minute drive from the Causeway.

Mr Najib and Mr Lee witnessed the signing ceremony for the Memorandum of Understanding by CapitaLand, Iskandar Waterfront and Temasek Holdings.

www.channelnewsasia.com/stories/singaporebusinessnews/view/1255135/1/.html

http://youtu.be/KipQifuDmc0

Setia Sky 88

Indulge in life's finest pleasures of this iconic residence; the tallest yet in Johor Bahru and is set to change its skyline. Setia Sky 88.

http://youtu.be/PhdUx3BC9AU

seem start groundwork.