Tag: Medini

  • Medini – Another huge theme park?

    Everyone knows Sunway Lagoon here in Malaysia. I read somewhere that when Tan Sri Jeffrey Cheah launched his first project there, he sold it for so little just to cover it’s cost. It was really unattractive then. Something like Damansara and Mont Kiara long time ago. Actually come to think of it, not that long…

  • Medini @ Iskandar – exemption and distance

    This is a hot word recently. Medini has been exempted from the 30% property gains tax in Malaysia. This is an extremely important news because this meant that foreign buyers, especially from Singapore may continue to invest without having the dark cloud of 30% RPGT over their head. Medini is being developed by Medini Iskandar…

  • Iskandar Property Digest – Nov / Dec 2013

    Medini zone granted tax exemption – The earlier announced of 30% property gains tax announced in October to cool soaring property prices will not apply to Medini.  This is to provide catalyst to get more investments into Medini. Property prices to stabilise – With two new cooling measures; increase the minimum to one million ringgit…