Shama Medini, Nusajaya, Johor

  • Arianna Leo
  • 26 January 2016

Artist's impression of Shama Medini upscale serviced apartment at UMCity Medini Lakeside

Artist’s impression of Shama Medini upscale serviced apartment at UMCity Medini Lakeside (Image courtesy of UMLand)

Shama Medini is an upmarket serviced apartment tower tucked in Medini, Nusajaya. A phase 2 development under mixed integrated development UMCity Medini Lakeside, this 25-storey residential high-rise consists of 20 residential floors perched on top of a 5-storey, 100-unit retail shopping mall measuring 300,000 square feet. Facing a 13-acre lake that also features a 7-km long jogging path, Shama Medini is also surrounded by international hospitality chains, food and beverage establishments and expansive spaces. Among the other components under this development include a business hotel under OZO, a smart and savvy hotel under Citadines and Grade A office tower.

Property Name: Shama Medini

Phase of development: 2

Address: Persisiran Pantai JB – Nusajaya Highway, 79250 Nusajaya, Johor

GPS Coordinates: 01°25’17”N 103°37’34”E

Land Title:  Commercial

Property Type: Upscale Serviced Residence

No of Residential Floors: 20

No. of Podium Retail Floors: 5

Unit Built Up Sizes:  ranges from 583 sq. ft. to 1,192 sq. ft.

No. of elevators per residential tower: 6 lifts

Unit Types:

Type B1 Studio, 583 sq. ft. (level 6 – 24)

Type B2 1 Bedroom, 736 sq. ft. (level 6 – 24)

Type B3 2 Bedroom, 864 sq. ft. (level 6 – 25)

Type B4 3 Bedroom (dual key), 1,192 sq. ft. (level 6 – 25)

Furnishing: Fully furnished

Total No. of Units: 196

Land Area: 5 acres

Selling Price: starts from RM 1 mil and up

Land Tenure: Leasehold (Investors in Medini will get an additional lease of 30 years)

Maintenance Fee:  Maintenance fee is waived in the first 5 years

Expected Launch Date: 2016

Expected Completion:  2018

Security features: Samsung S-1 Security Solutions Korea

UMCity Galleria: Lot G-14D, Little Red Cube, Persiaran Puteri Selatan, Puteri Harbour, 79000, Nusajaya, Johor

In house facilities & amenities:

  • Covered car park
  • Gymnasium room
  • Lounge
  • Playground
  • Restaurant 24 hours security
  • Swimming pool
  • Personalized butler service

 

Artist's impression of the integrated mixed development of UMCity Medini Lakeside (Source: UMLand)

Artist’s impression of the multi-phased integrated mixed development of UMCity Medini Lakeside (Image courtesy of UMLand)

The masterplan of UMCity Medini Lake (Source: UMLand)

Artist’s masterplan of UMCity Medini Lakeside (Source: shamamedini.com.my)

Image captured from Shama Medini sales brochure

Image courtesy of UMLand Medini Lakeside Development

Project Details

Shama Medini at UM City Medini Lakeside is a testament of world class brands congregating in one place, under one development. Developed by United Malayan Land Bhd (UMLand), an established developer in Malaysia, the 196-room high-end serviced apartment branded under Shama, provider of boutique serviced apartments with presence in Bangkok, Hong Kong and China stands out in some respects – in that its existence, function and identity as a development would not be possible without the developer’s partnerships with such renowned international brands as Samsung C&T Corporation, Samsung Malaysia Electronics, Samsung S-1 Security Solutions Korea; Shama Upscale Serviced Apartments; OZO Smart Savvy Hotel; The Ascott Limited; Oclamon Funds; Regus International Serviced Office Provider; ROCA Bathroom Solutions; NEVERLAND Lifestyle & Entertainment Group and VIRIDEA Lakeside Apartments & SOHO.

Another aspect adding into this development is the existing lake. According to the sales representative of UMLand, “this is actually a retention pond, the biggest of its kind in Medini itself.”

The choice location for this 30-acre multi-phased integrated development is Medini, which covers 2,200 acres of leasehold land in Nusajaya. What makes Medini different than the rest of Johor? Medini is to Johor what Putrajaya is to Kuala Lumpur, the State’s Administrative Capital. In other words, Medini has been earmarked as an international entry point into Iskandar Malaysia. Being in this spot holds many special privileges for potential property buyers looking to invest in Medini. In comparison to properties outside of Medini, buying property in Medini means you will not be subjected to real property gains tax (RPGT) for example. Furthermore, foreign property buyers who buy here is not restricted to the RM1 mil sales cap.

THE UNIT FLOOR PLANS 

Type B1 Studio measuring at 583 square feet

Type B1 Studio measuring 583 square feet

Type B2 1-Bedroom unit measuring at 736 square feet

Type B2 1-Bedroom unit measuring 736 square feet

Type B3 2-bedroom unit measuring at 864 square feet

Type B3 2-bedroom unit measuring 864 square feet

Type B4 3-Bedroom dual key unit measuring at 1,192 square feet

Type B4 3-Bedroom dual key unit measuring 1,192 square feet

*All the above floor plan images are taken from shamamedini.com.my

 

Investment package with a return-on-rental profit

  • Shama Medini comes with a guaranteed rental return of 6% per annum for the first 5 years
  • From the 6th year onwards, a sharing of room revenue between the owners and the operating company takes effect after the deduction of reserve fund towards the upkeep and refurbishment of your property
  • Owners are entitled to 14 days free stay at Shama Medini per year. As a special privilege, owners can also opt to spend 7 days in Shama Medini and trade in the balance of the entitled days for stay at participating AMARI and OZO hotels
  • An exclusive Shama Medini’s owner privilege card gives you 10% off on best available room rate in AMARI and OZO worldwide.
  • Privileged owners get 20% off on all food & beverages, SPA treatments, meeting packages, bakery and takeaway items in AMARI worldwide.

In addition to Shama Medini, there will also be corporate office tower, 5-storey retail shopping with 300,000 square feet of shopping space, OZO Medini smart & savvy hotel, and Citadines Medini apartment hotel. According to a sales representative from UMLand, the anchor tenant will be MBO Cinemas, as well as Samsung Experience Centre, a one-stop spot to get a first-hand experience with Samsung products and navigate its technology. “The project partner is Samsung so everything we’re using is from Samsung. The construction part is also handled by Samsung T & T,” she says.

Shama Medini is operated by ONYX Hospitality Group, which is owned by ITALTHAI, one of Thailand’s leading conglomerates which provides hotel management services.

Subsequent developments at UMCity Medini Lakeside

As you can see from the google map, UM City Medini Lakeside, in its entirety, is a 30-acre development, which will include Viridea Lakeside, which will come up on the opposite side of the lake soon.

Show More

Location

Shama Medini is located in Flagship B Zone of Iskandar Malaysia, in the area of Nusajaya

Shama Medini is located in Nusajaya, under the Flagship B Zone of Iskandar Malaysia (Map courtesy of UMLand)

 

Google map pinpointing the location of Shama Medini

Google map pinpointing the location of Shama Medini

Located just a 5-minute drive away from the posh Hotel Jen in Puteri Harbour, Nusajaya, among some of Shama Medini’s closest neighbours include Sanrio Hello Kitty Town and Somerset Puteri Harbour, Nusajaya.

If you’re a foodie at heart, there are a number of restaurant establishments within the vicinity that may strike your fancy. These include Spice Grill, Olive, Ajisan Ramen, and Nusa Khao, all dotted along Persiaran Puteri Selatan, a main road that leads into Puteri Harbour.

UM City Medini Lakeside sits right at the heart of Nusajaya, in the financial zone of Medini. The nearest destinations are EduCity and Horizon Hills Golf & Country Club at its north, Anjung and Seri Medini to its south, the Southern Industrial and Logistics Clusters (SiLC) located farthest to the northeast, Gerbang Nusajaya (a 4,500-acre commercial-centered hub to the east, Pinewood Studios to the southwest, and Kota Iskandar and Puteri Harbour are in the west. Located within a 1-kilometre radius are Legoland Malaysia and Gleneagles Hospital; reachable in just 2 kilometres on the road are Educity and Pinewood Studios. Destinations that are a 5-kilometre drive away are Puteri Harbour, Kota Iskandar, and Columbia Asia Hospital. Located 30 kilometres away are Johor Bahru and Senai Airport. Singapore’s central business district (CBD) is 40 kilometres away while the driving distance to Changi International Airport is 60 kilometres.

The RTS main terminal at Bukit Chagar will be at the city centre, opposite the CIQ complex. One of the stations will be at Medini, somewhere near Legoland Malaysia. “The station is a stone’s throw away from UM City Medini Lakeside,” says a sales representative of UMLand.”

Shama Medini is located within the travel route of the highly anticipated Kuala Lumpur to Singapore High Speed Rail (HSR)

Shama Medini is located within the travel route of the highly anticipated Kuala Lumpur to Singapore High Speed Rail (HSR) – (Image courtesy of UMLand)

Major highways:

  • Iskandar Coastal Highway
  • Second Link Expressway
  • Eastern Dispersal Link (EDL)
  • North-South Highway
  • Pasir Gudang Highway
  • Proposed Coastal Highway Southern Link (Upcoming Coastal Highway Extension)
  • Johor Bahru Parkway
  • Skudai-Pontian Highway

 Future Infrastructure

  • Upcoming Kuala Lumpur-Singapore High Speed Rail (HSR)
  • Upcoming Rapid Transit Systems (RTS)

 Distance to major destinations:

  • Johor Bahru City Center (20 minutes’ drive)
  • Senai Airport (25 minutes’ drive)
  • Singapore Central Business District (40 minutes’ drive)
  • Kuala Lumpur International Airport (45 minutes’ flight)
  • Singapore Changi International Airport (50 minutes’ drive)

Mall of Medini is connected to Legoland Malaysia Resort

Mall of Medini is connected to Legoland Malaysia Resort

 Nearby amenities & facilities:

  • Gleneagles Medini Hospital
  • Mahkota Park, The Medini Central Park
  • Sekolah Kebangsaan Medini
  • Mall of Medini
  • Legoland Malaysia Resort
  • Raffles American School
  • Somerset Puteri Harbour Nusajaya
  • Hotel Jen, Puteri Harbour
  • Puteri Harbour Ferry Terminal
Show More

Analysis

About the Developer

UMLand Medini Lakeside Development Sdn Bhd is a part of United Malayan Land Bhd (UMLand), a well-established property developer in Malaysia. Operating two development divisions, as well as a third division categorized under construction and building materials, the group has amassed more than 1,800 acres of undeveloped land in both Township and Niche divisions.

Most recent award:

  • International Property Awards Development in 2015/2016 under Best International Office Development Malaysia, for UMCity Office Tower

Property Portfolio:

  • Suasana Iskandar, Malaysia
  • Somerset Puteri Harbour, Iskandar Malaysia
  • Waves @ Puteri Harbour, Iskandar Malaysia
  • Township of Taman Seri Austin, Iskandar Malaysia
  • Township of Bandar Seri Alam, Iskandar Malaysia
  • Taman Seri Albion, Iskandar Malaysia (Upcoming)
  • Township of Bandar Seri Putra, Selangor
  • Suasana Sentral Loft at KL Sentral
  • Suasana Bangsar, Kuala Lumpur
  • Suasana Bukit Ceylon, Kuala Lumpur
  • Star Residences, Kuala Lumpur

 

Name of development Land Tenure Property Type No. of Levels No. of Units Built up sizes Selling price
Meridin Suites Residence,Medini Leasehold Serviced Apartment Block A – 35Block B – 32Block C -36 756 521 sf to2,134 sf RM500,000toRM 2 mil(RM900 to RM1200 psf)
Shama Medini at UMCity Medini Lakeside Leasehold Multi-phased mixed integrated development 20 + 5 storey retail 196 583 sf to 1,192 sf starts from RM 1 mil

 

Rental rates

The monthly rental rate for a studio unit at Somerset Puteri Harbour, a waterfront boutique serviced apartment managed by The Ascott Limited is RM6,500 while a 3 bedroom unit costs around RM9,700.

Show More

Summary

The advantage of this development is that it is nearer to the Second Link rather than the First Link. It is also located within the proposed high-speed rail area. The proposed high-speed rail stations are Kuala Lumpur, Seremban, Ayer Keroh, Muar, Batu Pahat, Nusajaya, and Jurong East, Singapore. The Second Link also passes through Jurong East and the Industrial Park in Singapore. UMCity Medini Lakeside is 30 minutes’ drive to Singapore’s central business district (CBD). Speed cameras are commonplace on Singapore roads so there is no point in trying to reach your destinations any faster! According to the developer, a third link to Singapore is also in the pipeline.

Purchasing a unit at Shama Medini shares a similar concept to buying an actual hotel unit. You pay to stay and live only without having to worry about who you will rent your unit to. For those of you who would prefer not to deal with the difficult process of looking and dealing with tenants on your own, because tending to the monthly rental and looking for good tenant is not easy to come by. When someone rents out their unit, they will also have to upkeep the unit, in terms of the occasional domestic issues – from plumbing to electricity.

Bear in mind that should you decide to invest RM 1 mil into Shama Medini, your annual rental return for the first 5 years is RM60,000. The show gallery is under construction at the time of writing. Shama Medini is now open for sale.

Would you consider investing in a lakeside property in Medini, Johor’s gateway to the world? The floor is yours.

Show More
Eric Wong

Arianna Leo

Feedback