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Grand Medini is a high-rise residence which is part of the ambitious Medini township development in Iskandar Puteri, Iskandar Malaysia. The 2,230-acres township is set to become the Central Business District (CBD) of the flagship zone. Grand Medini is an urban and luxurious residence, which will see the rise of 3 skyscrapers towering at 30-storey each, housing a total of 672 units within.
With a focus on professionals who will converge at the CBD as well as the Iskandar Puteri zone, Grand Medini provides a selection of studio units and 1-bedroom homes which provide simple comfort to this discerning group of individuals. The studios are Type A and Type A1, which come in snug sizes of 474 sf and 517 sf respectively. The Type B range on the other hand, are slightly larger, at either 571 sf (standard Type B and Type B2) or 614 sf (Type B1 and Type B2A).
As for those who have company, the Type C and Type C1 are 2-bedrooms and 2-bathrooms units, with built-ups of 764 sf for the former and 808 sf for the latter. Family-living is also not a problem at Grand Medini, with the spacious 3-bedrooms and 2-bathrooms units. These units begin from the standard Type E at 1,065 sf, followed by the Type E1 at 1,119 sf, while the Type F offers 1,110 sf of space.
The Grand Medini residence also strives on providing sustainable green living, with the energy-efficient buildings and fittings throughout which use water more efficiently. The residence also provides luxurious facilities, of which include a 50m infinity pool, jacuzzi, floating spa lounge, sauna, gym, as well as spaces for entertaining guests, like the party lawn, and barbecue terrace. Other leisurely facilities are the movie wall, casual tea terrace, chill out deck, as well as maze garden and tree boulevard.
Situated within the Medini township and Iskandar Puteri, Grand Medini residents will have unprecedented convenience of access to a range of amenities. Medini itself will incorporate commercial hubs and the Medini Mall, which will provide everything from food and beverage to banking, as well as leisure and entertainment. Other important developments in the area include the Pinewood Iskandar Malaysia Studios, Puteri Harbour, the LEGOLAND theme park, and the Afiat Healthpark. Kota Iskandar, Johor State’s Administrative Capital is also nearby, while the EduCity offers world-class education through renowned institutions like the Khazanah Primary and Secondary Schools, the Newcastle University Medicine Malaysia, the Netherlands Maritime Institute of Technology and the Southampton University among others.
Grand Medini is located pivotal to several key access roads and highways, with emphasis on international connectivity. The Second Link Expressway is accessible from the residence, where down the highway is the Malaysia-Singapore Second Link Causeway, enabling smooth-crossing to Singapore. Up the Second Link Expressway is the North-South Expressway (NSE), where towns like Skudai north of Johor are accessible, along with other states in Peninsula Malaysia. The Coastal Highway and the Lebuh Medini Utara, also enable access to JB, with the Lebuh Medini Utara linking to Jalan Tun Abdul Razak.
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Check out the value of surrounding recently completed properties to make the best buying decision.
Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
---|---|---|---|---|---|
Grand Medini | 2018 |
RM232,000
-
RM716,000
RM 489 psf - RM 924 psf |
RM1,200 - RM1,200 | NIL | 5.32 % |
1Medini | 2015 |
RM283,000
-
RM496,000
RM 250 psf - RM 642 psf |
RM1,100 - RM1,100 | NIL | 5.7 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
Non-Landed | Landed | Commercial | |
---|---|---|---|
0 - 500 SQ. FT | - | - | - |
500 - 1,000 SQ. FT | - | - | - |
1,000 - 1,500 SQ. FT | - | - | - |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 57,240 |
Loan Amount ( 90 %) | RM 515,160 |
Tenure Years | 35 Years |
Interest Rate | 4.85% |
Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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