Medini Signature is an exclusive leasehold condominium development located in Nusajaya, Johor. This residence is accessible via the Second Link Highway, Johor Bahru Coastal Highway, Skudai Highway and North - South Highway (PLUS).
Amenities located in the surrounding of Medini Signature are Legoland, Puteri harbour, Urban Wellness Park, Pinewood Studios, Columbia Asia Hospital, Gleneagles Hospital and numerous education institutes in Educity.
Consisting of two 35-storey towers, Medini Signature comes with a total of 456 units, covering a land area of 4.51 acres. The built-up of the residence varies from 655 sf to 1,600 sf and has a launch price that begins from RM630 per sf. Other than that, the maintenance fee is set to be at RM0.33 per sf.
Medini Signature offers 7 layouts for its tenants, whereby Type A has 1 room and 1 bathroom with 655 sf; Type B has 2 rooms and 1 bathroom with 790 sf built-up; Type C has 2 rooms and 2 bathrooms with 955 sf; Type D comes with 3 plus 1 rooms with 4 bathrooms and a built-up of 1,600 sf; Type E is a duplex unit which has 4 plus 1 rooms and 4 bathrooms with a built-up of 1,950 sf.
The biggest built-up unit in the entire project; Type F has 3 plus 1 rooms and 4 bathrooms with 1,395 sq ft built-up. Meanwhile, Type G offers 2 rooms and 2 bathrooms with a 1,088 sf built-up. Tower A offers Type A to Type E, while Tower B offers Type D to Type G. While complimentary air-conditioner, instant water heaters, fitted kitchen cabinets and bedroom wardrobe are offered to all units.
As for the facilities, Medini Signature provides infinity-edge lap pool with built-in jacuzzi seats, cabana, children pool, water toys, beach-like entry, floating gym, yoga deck, herb garden, multi-purpose hall, tennis court, community park, barbecue area, cycling path, rooftop garden and 24-hour security.
This property would positively be good for investment due to its strategic location which is nearby to places with ample amenities.
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Did you know?
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 (%) |
|---|---|---|---|---|---|
| Medini Signature | Apr 2016 |
RM331,000
-
RM496,000
RM 311 psf - RM 649 psf |
RM1,700 - RM1,700 | NIL | 8.37 % |
| 1Medini | 2015 |
RM283,000
-
RM496,000
RM 250 psf - RM 642 psf |
RM1,100 - RM1,100 | NIL | 5.55 % |
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 52,400 |
| Loan Amount ( 90 %) | RM 471,600 |
| 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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