A 3-storey commercial property [shop lot] is poised to metamorphose the flagship Medini Zone, encompassing an area of 82 acres in Medini Iskandar Malaysia into a modern developing sustainable city of international standing to create a high quality, integrated, uniquely enriching, efficient and secure environment. The key element of the development strategy is a modern contemporary concept in an up-and-coming urban development area with unique tax incentives for 6 types of industry, there are Creative, Education, Financial Advisory, Logistics, Healthcare & Tourism.
Seamless connectivity between the dynamic and lively commercial precincts and the exclusive urban retreats of the tree-lined residential zones will further enhance the overall experience. It is located 5 KM away from the Singapore Second Link, it catches foreign investors’ attention as there is no foreign buyer restriction in Medini Zone and it also exempted from RPGT (Real Property Gain Tax). Expatriates in Iskandar benefit from a 15% tax rate scheme and are eligible for tax free motor vehicle purchase.
Uninterrupted views from the iconic residential towers are complemented with inspiring inward-facing views of the landscape canopy and vibrancy of the central “heart”. 3 plots of development (The IONS – C15, C23 & C24) are completed with CCC and 1 plot of development (ION 2) is still under construction.
Related Commercial Property: CI Medini C17