D’Pristine Medini is the latest mixed development project in Iskandar Malaysia and is located in Medini, Nusajaya. Medini is the only location in Johor where foreigners are eligible to own property worth below MYR500,000 which development will be expected to be in high demand.
This project conceived as a mixed-development consists of:
■A 3/4 Star Hotel with 300 rooms
■3 storey retail mall with 163 shops for retail and F&B outlets
■2 Residential Towers (35 and 37 storey) with total 1,184 units
■32 storey Grade A Office Tower.
■The Residential units will be open for sale in late May 2013 with expected average pricing of RM650psf. Prices starting from RM4XX,000 onwards.
■Medini is the only place in Iskandar where foreigners are eligible to invest below RM500,000 hence we expect this project will be highly in demand.
Why Medini?
Medini is the future Central Business District (CBD) for Iskandar Malaysia and the Malaysian Government has introduced a number of incentives including:
For Businesses/Business Owner
■10 years tax free for businesses or
■100% Investment Tax Allowance for 5 years
■Zero property gain taxes for property up to year 2020
■Zero tax on rental income up to year 2020
■Zero tax on sales of land up to year 2015
For Foreign Knowledge Employees
■Flat income tax rate of 15%
■Zero import duties for purchase/import of cars
This encourages business owners to shift their operations from the surrounding areas such as Singapore over to Medini, which could significantly cut down production and labour cost.
Medini is also near to Puteri Harbour and the ferry terminal to Singapore and is also just a 10-15 minute drive away from the 2nd Link at Tuas.
Why d’Pristine?
■Located between East Ledang & Puteri Harbour
■10 minutes away from the Tuas 2nd Link to Singapore.
■Sitting next to Legoland & Mall of Medini
■Opposite Urban Wellness Project by Capitaland
■5 minutes walk to Gleneagles Medini Hospital
■Temasek-Khazanah office tower just 200m away
Booking fee – The Cheque to be made is RM20,000 / SGD8,000 to D PRISTINE MEDINI SDN BHD
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D’Pristine @ Medini Rating: 4 Review By: Sky Chiu ERA Realty Network Pte Ltd L3002382K CEA Reg. No. R027619J
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