D’Pristine Medini represents the newest development located in Medini Iskandar Malaysia (Iskandar Development Region) and is the only site in Johor where foreigners are allowed to purchase property priced below MYR500,000 which in turn means that the development will be high in demand.
It is conceived as a mixed development, containing retail, office and units within its premises. d’Pristine consists of a 3/4 star hotel with 300 rooms, 36 and 37 storeys high towers that combine a total of 1,184 units, 3 storey retail shopping mall with 163 shops for retail and F&B outlets and a 33 storey Grade A office tower. Overall, Medini Iskandar stretches over 9.3 sq km and is considered the flagship development position that will become a huge hub in the future.
First to open for sale will be the units, in May 2013. Several housing options are available, from one to three bedroom units with the dual-key option for the latter. Sizing will range from 644 sf to 1,416 sf for three-bedroom dual-key units. Note that the available units are extremely limited and it is expected that interested buyers who register later might have to be subjected to balloting.
D’Pristine is located near many amenities and tourist attractions such at Legoland, Hello Kitty World.
Legoland Malaysia Medini Nusajaya Johor & Mall of Medini are basically at your doorstep. Urban Wellness Project by Capitaland is sitting right across, Gleneagles Medini Hospital is only 5 minutes walk away, while the Temasek-Khazanah office tower is mere 200 meters away. Puteri Harbour is also close by, so Singapore is only a ferry ride away.
CapitaLand’s project Affiniti Medini is directly opposite with Somerset Medini (310 rooms) and Oasis serviced apartments (147 premium units) to support your price levels. That means that with the limited units available at Affiniti Medini, Dpristine would be the next best alternative as having the closest development to Affiniti Medini.
Afiniti Medini also boasts the 4 storey corporate training center tenanted by CIMB Bank.
Linear Park & Lake
Behind d’Pristine is the Linear Park & Lake, with views of Johor Bahru City.
Next to potential site of upcoming Trade Mall and the Legoland stop of the Johor Baru intracity LRT.
As for the location itself, Medini is bound to become the future Central Business District for Iskandar Malaysia and because of that the Government of Malaysia offers many incentives for business owners. This encourages business owners to shift their operations from the surrounding areas such as Singapore over to Medini, which could significantly cut down production and labour cost.
For approved developers:
- No tax on sales of land up to 2015
- No tax on rental income up to 2020
For approved development managers
- No property gain taxes up to 2020
For IDR-status companies
- 100% investment tax allowance for 5 years or 10 years tax free for businesses
At D’pristine, Foreign knowledge employees should also be aware of Flat Income Tax Rate of 15% and NO IMPORT DUTIES for import or purchase of cars.
You can click Why Invest in D’pristine to find out more?