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 tcss Nusajaya, NOT whole Iskandar

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TSxyyap
post Jun 12 2013, 02:17 PM

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QUOTE(kbandito @ Jun 11 2013, 04:27 PM)
I think everyone should take note about the ownership rights in Medini Iskandar.
Medini Iskandar is not leasehold, legally it is lease that you are getting.

Iskandar Investment Berhad own the entire 2,000 acre Medini on a freehold basis, and they legally lease these lands to the lessee/(buyers).
You pay an upfront 99-year rental/(purchase price) to the land and property owner, i.e. IIB.

Your name won't appear as Owner in the strata-title, you will appear as the lessee.

Legally, you don't own the property , you are the tenant of the property for 99 years.
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noblebaby
post Sep 19 2013, 08:39 AM

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Iskandar got potential but price is too high at d moment. Only interested in big landed house.
sishouse2
post Sep 19 2013, 09:37 AM

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lolz bro,why kena attack?

other areas of nusajaya mayb worth looking at for own say but for investment,its still too early to suggest that u will reap any profit from the projects in PH and Medini.

the growth story is impressive but yet to be seen how it will pan out in the future.

Danga Bay by country garden has a GDV of 18billion.With that amount of money invested,surely there will be some kind off interest garnered in that area.

"Singaporean are bullish in that area"- well ,they should.Its so much closer to Iskandar for them than for people in KL or Penang to come over.Its still much cheaper to own anything there than in Singapore.Money makes money so its good that they welcome this idea.Good for Malaysia and our economy.

This post has been edited by sishouse2: Sep 19 2013, 09:39 AM
BTimes
post Sep 19 2013, 09:41 AM

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QUOTE(noblebaby @ Sep 19 2013, 08:39 AM)
Iskandar got potential but price is too high at d moment.  Only interested in big landed house.
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$1mil RM for a landed house is cheap tongue.gif
Dfiris
post Sep 30 2013, 08:45 AM

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When I buy into a local market, I tend not to ask for the local's opinion or judgement.
Dfiris
post Sep 30 2013, 08:57 AM

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By the way, land @

Danga Bay - 130 mil sqf
(waterfront 25km)
Anyone k input on the mix of residential, commercial & retail at Danga? Is it masterplanned?


Puteri Harbour - 30 mil sqf
(waterfront 10.8km)
Masterplanned with
60% residential
30% commercial
10% retail
TSxyyap
post Sep 30 2013, 09:55 AM

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QUOTE(Dfiris @ Sep 30 2013, 08:57 AM)
By the way, land @

Danga Bay - 130 mil sqf
(waterfront 25km)
Anyone k input on the mix of residential, commercial & retail at Danga? Is it masterplanned?
Puteri Harbour - 30 mil sqf
(waterfront 10.8km)
Masterplanned with
60% residential
30% commercial
10% retail
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I saw danga bay highrise projects, I feel excited & impressed.

BUT I wonder whether it can success, & how long for it to success.

Your opinion?

noblebaby
post Sep 30 2013, 03:27 PM

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it will follow the footstep of Cyber, 15-20 yrs.

QUOTE(xyyap @ Sep 30 2013, 09:55 AM)
I saw danga bay highrise projects, I feel excited & impressed.

BUT I wonder whether it can success, & how long for it to success.

Your opinion?
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Nusajaya
post Nov 26 2013, 11:36 PM

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redball
post Jul 31 2014, 06:59 PM

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This post has been edited by redball: Jul 31 2014, 07:00 PM
TSxyyap
post Aug 5 2014, 05:02 PM

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Toll fee rise...

Malaysia car entering Singapore kena charges...

Singapore car entering Malaysia kena charges...

What now?

freedom2005sg
post Oct 15 2014, 02:42 AM

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Hi

I'm looking at a condo unit selling at RM580 psf outside the prime Nusajaya/Medini area.

I'm avoiding those units selling at RM800++ psf.

Is it ok to get that unit at RM580 psf for renting out upon its TOP in around 2016-2017? It's a 3 bedder unit, around 900 sq ft.

About 5 mins drive to Educity etc.

I know many condos are coming up.

So I would like to get some advise here.

Thanks.
nexona88
post Jan 30 2017, 11:16 PM

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From: REality
oversupply situation..

gonna become ghost township later devil.gif

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