| Aziz Idris |
REAL estate giant, Macrolink International Land (Malaysia) Sdn Bhd promoted its Iskandar Medina development in Nusajaya, Johor Bahru for local property investors at the Radisson Hotel in the capital yesterday.
The property showcase was hosted by local agents, Primeland Estate Agency and Full Homes Realty Sdn Bhd.
Conceptually revolving around the unique brand ‘M Lifestyle’, the mixed residential development boasts 1,005 modern condominiums from one-bedroom to three-bedroom, duplexes and innovative dual-key designs.
Strategically situated in one of the most sought-after localities in Johor Bahru, the development promises a stylish home along with a 10-acre central park and 2.6-acre podium facilities which includes a skate park, Miami Beach pool, lush greenery and retail convenience on the lower levels.
The surrounding area of Iskandar Medini development lies in the heart of Nusajaya, where it is surrounded by various amenities and signature developments such as the upcoming international education hub, EduCity; the Johor-state administrative office, Kota Iskandar; the popular hotspot of Puteri Harbour; and Horizon Hills, one of the best golf clubs in the state of Johor.
Ungku Fariq of Macrolink International (L) and C Y Hon of Full Homes Realty. – AZIZ IDRIS
Also in the vicinity are the famous Pine wood Studios and popular tourist attraction, Legoland, the first in Asia.
According to CY Hon, Team Manager of Full Homes Realty Sdn Bhd, among the special incentives for inventors at Iskandar Medini are no RM1 million cap for foreigners to purchase property, no Real Property Gains (RPGT) and 100 per cent foreign ownership.
He added that the property is a mixed residential development only a stone’s throw away from Singapore, yet exceptionally affordable.
The first phase of the project is scheduled to be completed by the last quarter of 2018 with each unit range from RM400,000 ringgit to RM900,000 ringgit.
Meanwhile, Ungku Fariq, Sales Representative of Macrolink International Land (Malaysia) Sdn Bhd told the Sunday Bulletin that to date, the company has developed more than 100 projects in major cities in China encompassing more than 30 million square metres comprising high-end residences, five-star hotels, commercial complexes, large scale integrated developments as well as cultural and tourism-based properties.
With a track record spanning over 20 years, Macrolink is committed to contributing towards green living and urban-harmonisation, he added.
The Macrolink Group is a privately owned Chinese conglomerate, founded in 1990. The Group first started its trading business in Malaysia and focused on property development business in mainland China from 1992.
The group has now entered into multi-industry sectors including real estate, chemicals, mining, ceramics, oil trade and financial investment. It owns over 80 subsidiaries, 13 Chinese well-known trademarks, holds significant shares in six listed companies, and has over 42,000 employees in more than 40 countries and 20 Chinese provinces.
The Macrolink Expo will continue today from 10am to 7pm at Radisson Hotel (Conference Room) where members of the public are welcome to visit and talk to the real estate representatives to learn more about investing at Iskandar Medini.
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