Citadines Medini | Iskandar Puteri
Fully Furnished Serviced Residences Managed by The Ascott Limited (a wholly-owned subsidiary of CapitaLand)
At Prime Location in Nusajaya’s Main Business and Leisure DistricT
Close Proximity to Edu-City, Legoland, Puteri Harbour and within 20mins to JB City Centre
SUPER ATTRACTIVE PRICE FROM $1xxK !
SUPER ATTRACTIVE GUARANTEED RENTAL RETURN PACKAGE
FREE SPA & SUB-LEASE AGREEMENT LEGAL FEE
Citadines Medini by Ascott
Expected to open in early 2019, the 214-unit Citadines Medini formed part of UMCity Medini Lakeside, in a prime location in Iskandar Nusajaya’s Main Dusiness and Leisure District, a key economic growth region in Malaysia as more multinational companies set up base in the area. Ascott, the world’s largest international serviced residence owner-operator, has been awarded the contract by UMCity Medini Lakeside Development Sdn Bhd, a wholly-owned subsidiary of United Malayan Land Bhd (UMLand). The 25-stoery Citadines Medini Nusajaya is an integrated part of UMCity, a mixed development comprising Grade A Offices and Retail Podium.
Citadines Medini Nusajaya offer furnished serviced apartments of various sizes to cater to various visiting guests’ travelling requirements as well as a multitude of on-site modern amenities including a swimming pool and gymnasium. All apartments are well equipped with kitchens, separate living, work and sleeping areas and ensuite bathrooms.
16 Reasons Why Invest in Citadines Medini, Serviced Residences Fully Managed by Ascott?
- Located at Iskandar Medini, Nusajaya Business & Leisure District – Key Iskandar Economic Zone
- Renowned Developer UMLand Berhad
- Long leasehold tenure – 99 years + 30 years
- Fully Furnished Apartment Managed by International Serviced Residence Owner-oparator, Ascott-Capitaland
- Premier size from 430sqft to 1054 sft to meet various visitors/guests needs
- Close proximity to Singapore via 15 mins drive to 2nd link Johor-Singapore Causeway
- 25 mins drive to Senai International Airport
- Within 30 mins drive to Johor Bahru City Center
- Due for completion on 2019 for immediate rental return
- No foreign Restriction on minimum RM 1 million threshold price
- Low quantum – Attractive price from S$12xK!
- Enjoy Special Early Bird Discount
- Free Sales & Purchase & Sub-Lease Agreement Legal Fee
- Hassle-free investment property
- Enjoy 5% Gross Guaranteed Rental Return per annum over 3 years plus 7 years profit sharing scheme
- No Capital Gain Tax
Citadines Medini Iskandar Location
Citadines Medini at Nusajaya Iskandar is designed to offer global travellers/visitors a respite in the budding metropolis of Nusajaya, a peaceful town in the Johor Bahru district. The Citadines residence is strategically located in Medini, the central business district of the Nusajaya Flagship Economic Zone in Iskandar Malaysia. It is close to the Johor State’s new administrative centre, Kota Iskandar, and EduCity – a regional education hub housing over 10 established educational institutions.
Citadines Medini is also located close proximity to the LEGOLAND theme park, a convenience for families looking to make a day trip to the theme park with the young ones, and Medini Lifestyle Mall, the largest retail centre in South Malaysia. The serviced residences is a convenient 15-minute drive from the Malaysia-Singapore Second Link Expressway and a 25-minute drive away from Johor’s Senai International Airport. It is also accessible from Johor’s city centre via coastal highway that links to Nusajaya Iskandar.
Citadines Medini Quick Facts
|Developer :||UMLand Medini Lakeside Sdn Bhd, a subsidiary of UMLand Berhad|
|Location :||Medini, Iskandar Puteri, Malaysia|
|Plot Area :||5.03 acres|
|Tenure :||99 + 30 Years Leasehold|
|99 years Lease Expriry Date :||Estimated Q2 2020|
|Expected Legal Completion :||Est. Q4 2022|
|Total Number of Units :||25-storey TOwer
|Number of Car Park Space :||TBA|
|Unit Mix :||Type A1 | 430 sf
Type A2 | 624 sf
Type A3 | 861 sf
Type A4 | 1054 sf
Type A5 | 1248 sf
Type A6 | 1291 sf
|No. of Lift per Floor :||TBA|
|Bedroom Type||Unit Size (sq. ft.)||No. of Units (by Ascott)||No. of Units (Private Resi)|
|Total =||163 units||51 units|
Citadines Medini | Serviced Residences
A Modern Lifestyle Apartments Fully Managed by Ascott, Available in Built-ups Range from 430 sq ft to 1,050 sq ft and Fully Furnished at Attractive Price from $127K!
Citadines Medini Facilities
Citadines Medini promises its residents a distinctive lifesyle and a harmonious, refreshing environment. As a city retreat, it boasts a wealth of facilities and amenities so that guests can indulge in a change of pace whenever they need, striking a healthy balance between lifestyle, work and play. Guests can also benefit from bespoke experiences offered through the Ascott Lifestyle Programme. This involves specially curated experiences, ranging from cultural to gastronomical, community engagement to wellness, so that guests can explore the cities they are living in and continue to enjoy the activities they are familiar with.
Citadines Medini Floor Plan
Reservation and Payment Schedule
- Reservation fee of RM10,000 payable to Developer’s Account
- 10% less reservation fee upon signing of Sales & Purchase Agreement (SPA)
- 10% payment wihtin 30 days after singing SPA
- Balance progressive payment as per schedule of construction stage of completion
Sales & Promotion Package
- Guaranteed Rental Return (GRR) @ 5% per annum for 3 Years
- Profit Sharing from 4th to 10th Year [Buyer 70% : 30% HOtel Operator]
- Fully Furnished
- Free SPA & Sub-lease Agreement Legal Fee
- 7 Days Free Stay at Citadines Medini Per Annum
- Free First 3 Years Maintenance Fee
- 10% Cash Rebate for Early-Bird for Buyers/Investors
- State Consent Levy for foreigners : RM 20,000 or 2% whichever is higher
- Loan Stamp Duty : Est. RM 4,000 (for buyer taking loan)
- Stamp Duty (MOT) for Title-deed Transfer : 3% (for purchase prices below RM 1 milllion)
- Maintenance Fees: RM0.38 psf
About Developer – UMLand Berhad & Partners
UNITED MALAYAN LAND BHD (UMLAND)
UMLand is the award-winning Malaysian developer behind the successes of several residential townships and niche developments across the country.
The company has two divisions handling Township Development and Niche Projects respectively. It also has a hospitality division that operates Suasana Suites serviced apartments, a construction division under UMLand Builders Sdn Bhd, and an F&B division under UMLand Lifestyle Sdn Bhd.
UMLand’s Township division manages five townships namely: Bandar Seri Alam (Iskandar Malaysia), Taman Seri Austin (Iskandar Malaysia), Bandar Seri Putra (Bangi, Selangor) Mahkota Hills (Semenyih, Selangor) and the upcoming world–class integrated biotech park in Pasir Gudang, Iskandar Halal Park, a joint venture initiative with Perbadanan Islam Johor Holdings (PIJH), a Johor state government arm.
UMLand’s Niche division has completed several residential developments in Kuala Lumpur and Johor. These include Suasana Sentral Loft (KL Sentral, KL), Suasana Bangsar (Bangsar, KL), Seri Bukit Ceylon (Bukit Ceylon, KL), Suasana Bukit Ceylon (Bukit Ceylon, KL), and Somerset Puteri Harbour (Iskandar Puteri, Johor).
Incorporated in the 4th quarter of 2017, UML Lifestyle Sdn Bhd is the Food & Beverage (F&B) arm of UMLand Bhd. The subsidiary provides its support and oversees the operations of its companies – Avenue Ambience Sdn Bhd and Jjang Restaurant Sdn Bhd. UML Lifestyle Sdn Bhd is the appointed Master Franchisee for BreadTalk & Toast Box Malaysia following the joint venture with Bread Talk Pte Ltd, a Singaporean multinational food and beverage corporation.
About The Ascott Limited
The Ascott Limited is a Singapore company, a wholly-owned subsidiary of CapitaLand Limited that has grown to be the world’s largest international serviced residence owner-operator. It has over 26,000 operating serviced residence units in key cities of Americas, Asia Pacific, Europe, the Gulf region and Africa, as well as over 12,000 units which are under development, making a total of more than 38,000 units in over 500 properties.
Its portfolio of brands – Ascott, Citadines, Somerset, Quest, The Crest Collection and lyf. Its portfolio spans 90 cities across 25 countries, 21 of which are new cities in Ascott’s portfolio where its serviced residences are being developed. Today, the company boasts over 30 years of industry track record and award-winning serviced residence brands that enjoy recognition worldwide.
About Samsung C&T
Samsung C&T is a leading global engineering, procurement and construction company. Known for its world-class technological expertise, Samsung C&T has successfully delivered premier projects around the world, such as skyscrapers, housing, high-tech plants, ports and bridges. Some of thier iconic building include the Burj Khalifa in Dubai, Tower 2 and the Sky Bridge of the Petronas Twin Towers in Malaysia.
It is important to only engage the Official Direct Developer Sales Team to assist you. There are several complex procedures and key factors to consider before committing to purchase a unit. Rest assured that all our representatives are certified, well-trained and committed to deliver. By engaging the Official Direct Developer Sales Team, you will also enjoy the best possible direct developer price. There is no commission required to be paid.
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Official Developer Sales Team. Brochures, Detailed floor plan, Payment Schedules, Special Sales Packages , Promotional Packages, Development Updates are available upon request by simply fill up the request form.
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Citadines Medini by Ascott. Investors residing in Asia who wish to invest in Ascott Serviced Residences from Citadines Medini should contact our Singapore Sales Office by filling up the form below. We will be in-touch with you shortly. Thank you!
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