With no signs of slowing down, the township of Medini in Johor’s Iskandar Malaysia remains a property hot spot as more attractions, schools and companies sprout and expand in the area. With an estimated population of 3 million by 2025 and labour force of 1.46 million according to IRDA, the possibilities for growth remains highly positive.
While the influx of sales have slowed, there remains a steady growth in the home ownership figures. As the first wave of early adopters have already staked their claims on their favoured developments in the early phase, the current group of home buyers and investors are taking a long quick look at investments around the region, and many of them keep coming back to our favourite investment area just north of our borders.
A Greenfield development spanning 2,230 acres earmarked to become the Central Business District of Iskandar Malaysia. Home also to signature developments such as EduCity, a international best-in-class education hub, the new Johor State Administrative Capital; Puteri Harbour, a premium waterfront development across the strait from Singapore, and of course, the newly opened LEGOLAND® Malaysia theme park. It is also located conveniently a mere ten minutes from the 2nd Link CIQ and fifteen minutes to Johor Bahru City Centre.
Against the backdrop of all these and backed by Zhuoyuan Iskandar Sdn Bdn, a joint venture company backed by China’s Zhuoda Real Estate Group and Malaysia’s Iskandar Investment Berhad, the master planner for Nusajaya, Paradiso Nuova is set to be the beacon in the heart of Medini North, Iskandar.
Crafted to deliver a new standard of living of luxury in Medini, the design concept of Paradiso Nuova has been centered on delivering spacious and comfortable living for its residents. With the architectural concept creating a visual archway to a life of luxury with decorated finishes and accessories, it is the gateway to a modern lifestyle of luxury in Medini.
With Zhuoda Real Estate Group as one of China’s top 10 township developer, Zhuoyuan Iskandar has spared no efforts in making the 382-units Paradiso Nuova a haven for the residents with branded appliances, fittings and suite of comprehensive facilities including kitchen appliances from Bosch, kitchen fittings from Teka and sanitary fittings from Grohe.
As Datuk Syed Mohamed Ibrahim, president and CEO of Iskandar Investment Berhad at the development ground-breaking event last year summed it up “More than just a collection of spectacular, high-quality apartments, Paradiso Nuova will offer a way of community living that integrates the best of East and West. Paradiso Nuova by Zhuoyuan Iskandar will definitely strike a chord with Singaporeans who have grown up being accustomed to an exposure of influences from the east and the west.
This article has been brought to you by Zhouyuan Iskandar.