Scope • Iskandar – What’s the hype about? • Overview of Iskandar Development Region(IDR) • Medini Signature infomation • Selling points of Medini • Booking procedure
Catalyst Projects in IDR by Government Malaysia •Main southern development corridor in Johor, Malaysia. • Heavily promoted by state & federal government. • Three times the size (2,217 sq km) of Singapore. • 1.35 million Population by 2025. • GDP growth 7% -8% USD93.3 billion in 2025 . • 1.43 million new jobs. • Supported by: • 3 world-class ports (Pasir Gudang Port, Tanjung Pelepas Port, Tanjung Langsat Port). • 2 international airports (Senai International Airport, Singapore Changi Airport). • 2 causeways (Causeway Link, Second Link). • Rapid Transport System (RTS) link to Singapore.
Catalyst Projects in Iskandar
IDR (Nusajaya) Overview
IDR (Nusajaya) Overview
Medini, Iskandar Malaysia: Hub of Business, Education and Entertainment • 2,300 acres international mix-use urban district • New Coastal Highway travel time JB City Centre to Nusajaya in less than 15 minutes. • Access to a plethora of high-volume, high-value catalyst developments • Medini Business Precinct • Pinewood Iskandar Malaysia Studio • Legoland Theme Park • Legoland Waterpark (and Legoland Hotel) • Family Indoor Theme Park • Sunway Bhd Theme Park • Tiram Indoor Water Park • Genting Group Water Park • Puteri Harbour Marina • Hello Kitty Town @ Puteri Harbour • Lat (yet to be named) @ Puteri Harbour • Little Big Club @ Puteri Harbour • Ocean Quest @ Desaru Coast • Ocean Splash @ Desaru Coast • Lifestyle Retail Mall • Kota Iskandar (Johor State new Administrative Centre)
•EduCity -Iskandar Malaysia's education hub • Newcastle University Medicine Malaysia (NUMed) • Netherlands Maritime Institute of Technology • Marlborough College • University of Southampton • Management Development Institute of S’pore (MDIS) • Raffles University • University of Reading • Stadium, sports complex & International Student Village • Multi Media University • Malaysian Premier Schools •Gleneagles Medini Hospital • Afiat Health Park, Columbia Asia Hospital • Khazanah Temasek Wellness Health Park • Traders Hotel Serviced Residences (Ascott) • Bio-Xcell (a sophisticated biotechnology park and ecosystem) • The Southern Industrial & Logistics Clusters (SILC) • Horizon Hill Golf Club
Kota Iskandar
Puteri Harbour
Puteri Harbour
Mall of Medini
Medini
Educity
Educity
Medini Signature Location
Medini Project Info
Medini Project Info
SitePlan
Tower 1
Payment Schedule Prior to the signing of SPA On completion of : Foundation Structural framework Walls Roofing, electrical wiring, plumbing and cabling Internal and external wall Sewerage works Drains Roads Vacant possession Application for sub division of title Stakeholder
10%
Total
100%
10% 15% 10% 10% 10% 5% 5% 5% 12.5% 2.5% 5%
Medini Specific Incentives •A variety of incentives, tailored exclusively for investors to attract top-quality investments and the best talents. • Corporate tax exemption for 10 years • Allow to source capital globally • Flexibility to employ knowledge workers (KW) • Import car duty free
Summary of Unique selling points • • • • • • • • •
Price gap in PSF from other projects Low Quantum Good potential rental yield Low Risk with good potential upside Temasek has invested in IDR Most major developers are in IDR Investments in IDR nearing RM$100B No restriction on foreigners No RM$500K min quantum
Booking Procedure • Booking Fee RM 10k (Ringgit Cheque made payable to stakeholder Faizal Siow Brockett & Cho • Or SIN$ 4,500 (Payment made to Propnex International Pte Ltd) by Cheque) • Registration ends 25th Nov 2012 1800 hrs • Internal Balloting on 26th Nov 2012 1000 hrs ( if needed ). • Booking is refundable. (Less admin fee of RM 100 – RM 150) • Indicative price is subjected to change, early registration buy at early bird price • No Change name / Transfer name allowed • Each Person limited to 2 units only • Sales package will be announce in April (Estimated)