November 4, 2013 by iskandarinsider
Builders step up unveiling of new launches amid rising demand, stiff competition
Now considered one of Malaysia’s hottest real estate spots, Iskandar Malaysia has been pulling in developers looking to cash in on the demand for properties there.
Local developers may have had a headstart, but they are now facing stiff competition from larger builders from Klang Valley and beyond Malaysia.
The rivalry has led to a mushrooming of options for buyers. In the next two to three years, thousands of units are scheduled to be completed, given the number of projects launched in the last year or so amid bullish sentiment and robust sales. For example, Afiniti Medini, a mixed-use residential-commercial development, sold 88 units in just 51/2 hours.
Category 1Medini, Danga Bay, Iskandar Property, iskandar waterfront, Johor Bahru, Mah Sing, Medini, Meridin, Nusajaya, Puteri Harbour, Singapore, UEM Land | Tags: Avira, casa almyra, country garden, danga island, danga utama, imperia, iskandar waterfront, iwh, medini, meridin, NusaJaya, puteri harbour, senibong cove, sunway iskandar, teega, tropicana danga bay, uem sunrise
July 30, 2013 by iskandarinsider
KUALA LUMPUR: Mah Sing Group Bhd is launching the final tower, Tower B, of its Meridin Suites Residences in Meridin@Medini integrated development in Nusajaya, Johor, tomorrow.
The developer will simultaneously open The Meridin@Medini’s Property Gallery in Bandar Medini. The gallery will showcase two of Tower B’s show units – 1-bedroom from 521 sq ft and 3-bedroom from 1,064 sq ft.
The developer said in a statement Tower B offers the public a last chance to own a part of the first phase of Meridin@Medini.
July 24, 2013 by iskandarinsider
NUSAJAYA, July 22 (Bernama) — Singaporean property investors are taking serious interest in the development of the Iskandar Malaysia economic corridor, said Mah Sing Group Managing Director and Chief Executive Tan Sri Leong Hoy Kum.
“This is not only because it is an affordable option but also infrastructure that enables them to do business at a rate they are accustomed to.
“This will make them feel Malaysia is like their second home,” he said. At the same time, the cooling measures in Singapore have made Malaysian properties more appealing to them.
May 21, 2013 by iskandarinsider2
Buyers returned with a vengeance and snapped up 446 units valued at RM261 million during the recent preview of Mah Sing Berhad’s The Meridin@Medini in Iskandar Malaysia. Within five hours, the preview registered a 75 per cent take-up rate. Out of that, 65 per cent of the units were bought by Malaysians with the balance taken up by foreign investors from Singapore, Japan, Korea, Taiwan and Indonesia.
The by-invitation only closed-door event attracted some 1,500 visitors from more than 4,000 registrants. Meridin@Medini is a purpose-built integrated development along Persisiran Pantai JB-Nusajaya which leads to Kota Iskandar.
January 30, 2013 by iskandarinsider
KUALA LUMPUR: Mah Sing Group Bhd’s vision is to become one of the largest lifestyle developers in the Iskandar Development Region (IDR) with a minimum gross development value (GDV) of at least RM5bil over the next few years.
It is targeting mainly foreigner s a nd will be opening a sales gallery in Singapore after the Chinese New Year celebration.
“We want to be one of the big players in Johor. We have done our homework and want to target homes for students and families around Educity. We see the Iskandar region thriving and a great beneficiary because of its proximity to Singapore,” Mah Sing group managing director Tan Sri Leong Hoy Kum told StarBiz.
The educational institutions in Educity include University of Reading from the United Kingdom, the Newcastle University Medicine Malaysia, the University of Southampton Malaysia campus, the Netherlands Maritime Institute of Technology, Raffles University Iskandar and Marlborough College Malaysia.
Category EduCity, Iskandar Property, Johor Bahru, Mah Sing, Meridin, Singapore | Tags: educity, i-parc, idr, leong hoy kum, mah sing, Marlborough College, meridin, meridin@medini, netherlands maritime institute of technology, newcastle university medicine, raffles university iskandar, singapore, tanjung pelepas, university of reading, university of southampton