MEDINI Johor Bahru, Best Investment of All Time!!!

The Medini Iskandar Malaysia project in Johor is raking in significant amount of interest from investors keen to partake in the mega development. For one, Global Capital and Development Sdn Bhd (GCD) eyes to partake in the initial phase of Medini's Media Village. The target investment will yield a built-up development value of RM1.5 billion in the next three to five years, said Keith Martin, Chief Executive Officer of GCD. Martin expects more investors to buy segments within the Medini’s 658ha development zones: Medini Business, Medini Living and Medini Lifestyle, reported the Business Times. Of these, the 142ha Medini Business zone will witness the development of mixed commercial buildings, business parks and the Media@Medini media village — which will be built to support Pinewood Iskandar Malaysia Studios and the Asian TV and film industry in general. “There is a clear demand driver from small and medium enterprises (SMEs), particularly from Singapore, to seek more affordable space in Medini with close proximity to Singapore,” noted Martin. As of now, GCD holds generous amount of committed investment in Medini, including a RM500 million landmark deal with Pantai Group and a RM745 million venture with Sunway Bhd. Platinum Meadow Sdn Bhd also signed for a RM688 million commercial venture in the Medini Business zone. “Together, they represent a total development value in the region of RM1.2 billion and we are confident of the continued investor interest in Medini.” The booming development in Medini as well as the whole Iskandar region is expected to spice up economic growth to make Malaysia a high-income nation moving forward. “As more investments look to pour in, we will certainly continue adding a boost to Malaysia's economy and contributing to its healthy gross domestic product figures,” added Martin.