Search results

The Meridin Hotel Suites (Block B & C) buy with Guaranteed Rental Return (GRR) for 15% (5%+5%+5%) for first 3 years, there after to follow market rate if you prefer to rent back to developer. 10% rebate, fully furnished and Free SPA and Loan legal fee. Block A all SOVO with different package.

Yes. It is pre-approved extension with auto-renewal after leased for 30yrs or balance lease of 69yrs... Since it was stated in SPA, should be a 100% deal... again... double confirm this and if possible, check with your lawyer and share here.

Just to share what was told by a conveyancing lawyer of The Meridin... On the SPA do stated that 30yrs lease extension was pre-granted by developer upon purchase of land lease from IIB... The different of "normal leasehold" and Medini "Lease Purchase" are the land management/ control of Norm...

1Medini, Medini Signature and Iskandar Residences are located next to each other where Medini Signature is in between the two projects, Iskandar Residences more toward Kota Iskandar/ Puteri Harbour/ Medini Square. There were many Iskandar buses in operation currently picking-up ppl from many...

Should be signing SPA by Oct. Westman, you bought Tower A, may be by Sept then...

Many projects in Medini(except Meridin-CIMB, M.Signature-CIMB) still pending for loan due to end financier not finalised, may submit to bankers (as much as possible) and let it pending for approval, should check with your agent for which banks accept submission for pending approval...

For Iskandar Residences, was told that Developer License and Advertising Permit not granted yet... that's the reason of delayed signing SPA, also for loan application, without DLAP, bank will not entertain any submission due to no official doc as Purchase Confirmation, only an unofficial "Offer...

Another 2 big projects coming soon this year will be IGB jv Distinctive grp (developer of Iskandar Residences) and Umland mix development project at Medini Zone B, where closer to PineWood Studio... heard pricing will going for 1100-1200psf. Just wait for greedy developer to push-up the price...

There will be 2 blocks of office towers going to launch close to Legoland, with the tax-free incentives given by local government... believe these 2 towers will be selling very fast as many businesses with related to the 6 categories eg. Financial, Entertainment, creative, tourism, education &...

Another good news for Medini... IIB, Mammoth Empire To Build Medini Empire With GDV Of RM2 Billion IIB is partnering with Mammoth Empire Holdings Sdn Bhd to build an integrated commercial development, known as Medini Empire, on 9.62 hectares in Medini with a gross development value of RM2...

Dear all. I am newbie here... first time comment and felt great to see this Medini Community thread, at least some like-minded investors/ buyers of Medini, like myself, do believe Medini could be the next hotspot after P.Harbour, where price flying high at 1400psf... Medini with many projects...