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Citadines Medini

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Nusajaya’s Main Business and Leisure District, Medini,
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CITADINES MEDINI BY ASCOTT

🌟Located in Nusajaya’s Main Business and Leisure District, Medini
🌟To be Operated and Managed by CapitaLand’s Serviced Residence Business Unit – The Ascott Limited
🌟Super Attractive Guaranteed Rental Package
🌟Close Proximity to High Speed Rail, Edu-City and LegoLand
🌟No Real Capital Gain Tax For Medini Property
🌟No Foreigners Restrictions / Quota – Can own a unit below RM$1m
🌟Near to Upcoming High Speed Rail / RTS and BRT
🌟High Growth Area with many Tech Companies

Launching Soon – Enjoy Attractive VVIP Prices and Discounts!

Register Now for VVIP Preview- Citadines Medini with Guaranteed Rental Return. Limited Units Available for Foreigners!! Super Attractive Indicative Pricing 

SMS/Whatsapp “Citadines Medini” to +65-90272297 to find out more about this Rare Opportunity!


Citadines Medini

Slated to open in early 2019, the 214-unit Citadines Medini will be located in Nusajaya’s Main Business and Leisure District, Medini. The 25-story Citadines Medini Nusajaya will be part of UMCity, a mixed development comprising Grade A offices and retail podium. It will be close to the Johor State’s new administrative center, Kota Iskandar, and EduCity, a regional education hub housing over 10 educational institutions. The serviced residence will similarly be near to LEGOLAND theme park and Medini Lifestyle Mall, the largest retail center in South Malaysia.

Citadines Medini Nusajaya will offer expatriates and business travellers quality services and home comforts in the privacy of their spacious apartments, ranging from studios to one- and two-bedroom apartments with built-ups ranging from 430 sq ft to 1,050 sq ft. Each stylish apartments will come with kitchens, separate living, work and sleeping areas, ensuite bathrooms and other modern amenities. Residents can also enjoy facilities including a Swimming Pool and Gymnasium. Purchasers will have the option to lease their units back to Citadines/Ascott in return for Guaranteed Rental. Super Attractive Indicative VVIP Prices.


CITADINES MEDINI PROJECT INFORMATION

DevelopmentCitadines Medini
Project Information25 Storey Serviced Apartments
Location Central Business District of the Nusajaya Flagship Economic Zone in Iskandar Malaysia
DeveloperUMLand Medini Lakeside Sdn, Bhd, a subsidiary of UMLAND Berhad
Tenure 99 years + 30 years
Site Area5.03 acres
No. of Block1
No. of Storey 25 Storey
Total No. of Units 214 units
Unit SizesVarious Sizes ranging from 430 sq ft to 1,291 sq ft
Unit Type1 and 2 Bedroom
Furniture and FittingsFully Furnished
Maintenance FeesTBA
Expected TOP DateMid 2019
Indicative Pricing TBA


THE DEVELOPER

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 and a construction division under UMLand Builders 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) Makhota Hills (Semenyih, Selangor) and the upcoming world–class integrated biotech park in Pasir Gudang, Iskandar Halal Park, a joint venture initiative with J-Biotech, 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).

 

With a strong track record spanning across two decades, UMLand continues to embrace excellence and innovation as its main tenets to drive growth. The Group, with over 1,800 acres of undeveloped land bank across Malaysia, aims to be a caring and responsible developer that not only builds quality property units for investors and homemakers, but also units that will see its value enhanced as the community grows and living standards improve. With advances in technology, UMLand is also embarking on building smart cities to complement the lifestyle needs of the modern community.


THE MANAGING COMPANY / OPERATOR

The Ascott Limited is one of the world’s largest international serviced residence owner-operator. UMLand will tap into the Ascott’s 30 years of award winning industry experience, as well as their global connections, by bringing their Citadines brand of serviced residences to UMCiity Medini Lakeside.

Citadines Apart’hotels offer modern comforts, business connectivity and customized services in centrally located properties across the world’s most bustling cities. Their chic spaces are designed to provide privacy while their services reflect the luxurious conveniences of a hotel.


CITADINES MEDINI LOCATION

Citadines Medini Location

Through its affinity with the other Medini zones and the greater Iskandar Puteri development, residents and visitors have easy access to creative arts and entertainment, medical and educational institutions, as well as bio-technology and high-tech manufacturing centres. Thus makes Medini Lakeside an exceptional place to Work, Live and Play.


CITADINES MEDINI SITE PLAN / FLOOR PLAN


CITADINES MEDINI INDICATIVE PRICE / SALES PACKAGE

Indicative Prices:

  1. 1 Bedroom (430 sqft) from TBA

Sales 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 
  • Other Special VVIP Discount (TBC)

Payment Schedule:

  1. Booking fee of RM10,000 payable to developer
  2. 10% less off Booking fee on signing of SPA
  3. Another 10% within 30 days of signing of SPA
  4. Balance Progressive Payments depending on the construction Progress (Estimated Completion Date: June 2019)

Other Payments Upfront:

  • State Levy Applicable (foreigners) – Est RM20,000
  • Loan Stamp Duty – Est RM4,000 (for buyers taking loan)

At Completion:

  • Issuance of Strata Title (MOT) – Est RM20,000
  • Maintenance Fees – RM0.38 psf (est RM200 per month)

CITADINES MEDINI – REGISTER FOR THE LATEST UPDATES AND VVIP DISCOUNTS

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.

SMS/Whatsapp “Citadines Medini” to +65-90272297 or simply fill up the VVIP contact form to register for the latest updates!

VVIP REGISTRATION FORM

 


Last Updated: 18/10/2018

Disclaimer: All forms of investments carry risks, including the risk of losing all of the invested amount. Such activities may not be suitable for everyone. Any overseas investment carry additional financial, regulatory and legal risks. Investors are advised to do the necessary checks and research on the investment beforehand. Details of Guaranteed Rental Returns (if any) will be accompanied with the respective Sales and Purchase Agreement.


 

Summary
Review Date
Reviewed Item
Citadines Medini
Author Rating
51star1star1star1star1star
Address: Nusajaya’s Main Business and Leisure District, Medini
State/County:
Country: Malaysia
Property Id : 3921
Property Manual ID: 7749
Project Name: Citadines Medini
Developer: UMLand
Property Type: Hotel / Serviced Apartments
Number Of Units: 214
Estimated Completion: 2019
Unit Mix: Studio, 1 and 2 Bedroom
Number Of Floors: 30
Buyers Eligibility: Foreigners eligible to Buy/Invest
Sales Package: TBA

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