Daily Archives: April 8, 2013

The Raffles Suites officially launched @ rm550 psf


BMAH Properties will commence sales for The Raffles Suites at its sales gallery in Persisiran Sutera Danga on Sunday, reported The Star.

To celebrate the launch, the company will provide a seven percent discount to early birds, while Bumiputra buyers will get a 15 percent rebate.

Situated at Persiaran Sutera Danga in Johor, the project is just 15km from Woodlands checkpoint and a 15-minute drive from Johor Bahru. It is also accessible via the Iskandar coastal highway and the Malaysia-Singapore second link.

The freehold project is also surrounded by shopping complexes such as Carrefour, AEON, Tesco and Sutera Mall, while nearby educational institutions include Matahari Private School and the Seri Omega International School.

It comprises 311 condo units offered in four different sizes. Type A (19 units) has a built-up area of 700 sq ft, type B1 (172 units) with 867 sq ft, type B2 (24 units) at 875 sq ft, while type C (96 units) stands at 1,068 sq ft.

Prices of each unit range between RM389,400 and RM728,100.

Available recreational facilities include sauna, library, gymnasium, infinity pool, courts for tennis and futsal, a multipurpose hall, barbeque area, reflexology path and indoor games room. Kids can also have fun at the children’s playground or the wading pool.

Moreover, interested buyers will also get a promo package including zero interest during the construction period, free legal fees on the Sales & Purchase Agreement and low down payment.

BMAH Properties is also providing free furniture such as wardrobe, home appliances and kitchen cabinets.

Please contact us if you require details.
Email: valenhar@hotmail.com / wilsonchia85@yahoo.com
Tel: +6597940550 /+60167091205 /+60177383624

Commerical Retail Office Lots in Meridin@Medini

Below are the limited 30 RETAIL OFFICE lots in Meridin @ Medini.

Unlike Residential that needs only RM10,000 to register to Ballot, without the need to specific any units to book till balloted, the registration of RETAIL OFFICE Commerical lots is Specific on dedicated lots at 5% of the sales prices at RM1000 psf.

Eg, Lot 11 is Podium site map is 1057 sq ft. Thus 5% of 1057×1000 = RM52,850 to register and book. Likely first come, served basis!

Below is my research with reasons into why you should invest into Medini Commercial properties:

Why Medini Commercial?

Institutional investors that qualify to operate in Medini are entitled to an array of attractive incentives. The strength of these incentives has helped to attract major brand names to Iskandar Investment’s landbank, moving us closer to our goal of generating a critical mass in the area.

◾Businesses are entitled to 10 years exemption from corporate tax
◾Non-Malaysians are entitled to purchase property valued under RM500K
◾Non-Malaysians are entitled to 100% Foreign Ownership
◾Businesses have the flexibility to employ Knowledge Workers for companies with IDR status, as well as those with Approved Developers and Approved Development Managers status
◾Businesses are allowed to source capital globally

Medini Incentive Support Package IDR-status Companies

a) Income tax exemption (10 years) for qualifying

activities* conducted within approved node and

outside Malaysia

b) Withholding tax exemption (10 years) for services and

royalties

c) Exemption from RPGT on disposal of land and

buildings

Option for 100% ITA for 5 years to be set off against

100% of statutory income

Tax exemption to include income derived from within

IM and anywhere in Malaysia as follows:

– can derive up to 100% from within IM

– against the total revenue from IM, a maximum of

20% from anyway in Malaysia

[only for first 3 years of operations]

Import duty/ sales tax exemption

Focused 6 Service Sectors and sub-sectors for IDR-status:

Tourism :

• Hotels

• Theme parks, amusement &

family entertainment and

cultural centres

• Conference and exhibition

centres

• Regional operation of hotel and

leisure services

Healthcare :

Hospital & Alternative Medicine

Integrated dental and

orthodontic services

• Ambulatory services

• Healthcare R&D

• Integrated lab services

Education:

Universities & colleges

• Skills trainings institutes

• R&D institutions

• Regional training centres

Creative:

Creative and design services

• Films and TV

• Digital applications and content

• Games and animation

• Integrated media and content

services

• Distribution and marketing of

creative content

• Visual and performing arts

Financial :

Islamic financial services

• Business Process

Outsourcing/ offshoring

• Corporate consultancy and advisory

Logistics:

Integrated supply chain services

• High value supply chain

services and solutions

Please email valenhar@hotmail.com / wilsonchia85@yahoo.com or whats app +6067091205 /+60177383624 /+6597940550 for more details to register for residential or a commercial unit.

New Hot Launch just next to Legoland and Pinewood Studio – Meridin@Medini

Please spend sometime to read through this information about one of the best and first Iskandar investment project in Medini, the heart of the financial district in Nusajaya, 7 minutes drive from the second link to and from Singapore.

Development Brief

Integrated purpose built development with a “Live, Work, Relax and Rejuvenate” concept.
A mixed development comprises Condominiums, Serviced Apartments, SOVO, Lifestyle Retail, Boutique Hotel & Office Towers.
Phase 1 : Meridin Suites Residences (Target to Launch by 1H’13)
Block A : 35 Storey Condominium : 400 units
Block B : 32 Storey Condominium : 161 units
Block C : 36 Storey Condominium : 195 units
Top Podium Retail Lots : 30 units
Total : 786 units
Total carparks : 1,720 bays
Phase 2 : Meridin Linx, Meridin Exchange, Meridin Walk
15 Storey Service Apartment , SOVO (small office versatile office)
2 Blocks of 22 & 24 Storey Office Tower, Hotel Tower, Shop lots &
Podium Retail lots

Block A 35 storey : 400 units
Type A (Studio) : 521 sf – 619 sf 215 units
Type A1 (1 Bedroom) : 664 sf – 848 sf 36 units
Type A2 (1 Bedroom) : 783 sf – 1,105 sf 12 units
Type B (2 Bedrooms) : 1,014 sf – 1,425 sf 8 units
Type C (3 Bedrooms) : 1,064 sf – 1,331 sf 112 units
Type D (3 Bedrooms) : 1,642 sf – 1,916 sf 4 units
Type D1 (4 Bedrooms) : 1,642 sf – 1,916 sf 4 units
Type P1 (4+1 Bedrooms) : 2,134 sf 4 units
Type P1 (4+1 Bedrooms) : 2,110 sf 5 units

Facilities
Condominium Residences with Concierge Services
– State-of- the-art Security System (4 Tier)
– Designated Residence Carpark with Access Card
– Access Card for Residence Lift
– CCTV Monitoring
– Digital lock for Main Entrance door
– 24 hour Security Personnel Patrolling
– Infinity Swimming Pool
– Jacuzzi
– Children Wading Pool
– Children Playground
– Themed Landscape Garden
– Multipurpose Hall
– Gymnasium
– Fitness Par Course – Business Centre (with WiFi)*
– Yoga Deck – Pavillion / Gazebos* – BBQ Terrace – Reflexology Paths *
– Child Care Centre* – Laundrette*
– Reading Room / Library * – Steam Room*
– Games Room* * To be confirmed.

When you are ready to place RM10,000 or SGD4000 cheque registration fee, please arrange to meet up with me either in Singapore Novena Mall or my Horizon Hills shop office to register.

Alternatively, we may transact online if are confident enough to transfer SGD4000 to my Singapore DBS account 0010464040 and scan to me your signed Letter to Request for Registration and Appointment of Stakeholders. I would then write a RM10,000 cheque to book for you and meet you in Thistle Hotel on 20/4 9-10am for the balloting and selection process.

Opening up for registration from 1 April the Iconic Meridin@Medini -Integrated purpose built development with a “Live, Work, Relax and Rejuvenate” concept . A mixed development comprises Condominiums, Serviced Apartments, SOVO, Lifestyle Retail, Boutique Hotel & Office Towers.

•Located in Iskandar Malaysia , Medini North

•Proximity to Legoland Malaysia, EduCity, Lifestyle Mall, Kota Iskandar, Putri

Habour (approx 5 minutes drive time)

•Approximately 15 minutes to Johor Bahru City Centre

•10 minutes to Second Link CIQ (to Singapore, Tuas)

•23 minutes to Senai International Airport

•47 minutes to Changi Airport, Singapore

The Incentives

Businesses (IDR Status Companies)

• 10 year income tax exemption* OR

• Investment tax allowances of 100% for 5 years

• Exemption from RPGT

• Import duty/sales tax exemption

Purchasers

• No RM500,000 threshold for foreigners

• International & local buyers both have the pick of choice units

• Irresistible affordable value proposition from only RM328,000

A win-win-win for everyone

•IDR-status qualifying activities : Tourism; Healthcare; Education;

•Creative; Financial; Logistics.

Meridin@Medini Registration Process:

Expected range of price Rm630 psf to Rm750 psf.

1a) Collect full details from purchaser; I.c. Email address, address, contact no:, citizenship
1b) Rm10k or S$4k booking fee, in cheque payable to stakeholder which is Mah Sing’s Law Firm – A Rahim & Co. Sign Letter for Request for Registration and Appointment of Stakeholders (OTP)

2a) Developer/stakeholder/Agent will call purchaser to remind them to come down to Thistle Hotel on
20th April, Saturday (registration 9am – 10am). Balloting will commence shortly after.

2b) If purchaser cannot attend the balloting day, purchaser need to write letter of authorization appointing someone to attend on behalf. Both I.c. Of purchaser and the person represents purchaser need to bring along. (Note: must inform developer 3days prior to day of balloting)

3a) If on the Balloting day, purchaser not successful, the stakeholder will refund the entire Rm10k

3b) However, if the purchaser who have been chosen successfully during the balloting, but choose not to continue or choose to give-up, the stakeholder will forfeit the Rm1k as admin fee.

3c) If developer fails to launch the project within one year (12mths) from date of payment of booking fee, ie on 20th April, purchaser is entitled to cancel without admin charges.

4) if purchaser fails to attend on balloting day, Rm1k will be forfeited as admin fee.

5A) Upon successful during balloting, stakeholder will execute booking form to Purchaser on the same day.

5B) If not successful during balloting, stakeholder will refund the entire Rm10k to purchaser within 14days.

6) within 14days, from date of balloting, the stakeholder will release the booking (registration) fee to Developer

7a) purchaser shall execute or sign SPA within 30days from date of balloting day.

7b) If SPA not been signed, it is deemed Purchaser has cancelled the offer and the entire Rm10k will be forfeited.

Please email valenhar@hotmail.com / wilsonchia85@yahoo.com or whats app +6597940550 or +60177383624 /+60167091205 to register your interest to participate in the balloting process on 20/4/13 in Thistle Hotel in JB. Thank you for the honour for the opportunity to serve you to register this unique iconic Medini Project.