3 Commercial Properties for Sale at Versis Medini

Updated - 20th May 2021 Versis Medini is a leasehold 3 and 5 storey shop office completed December 2019, located at Iskandar Puteri (Nusajaya), Johor. It is surrounded by prestigious high-rise residential development which guarantees ample access to a thriving consumer pool. In the year 2017, Versis Medini was awarded the Best Commercial Development in Johor during the Star property Award with its excellent strategic location and potential. Versis Medini or simply known as Versis, is attractive as it is located at the heart of Iskandar Medini’s central business district - a thriving metropolis that serves for urban conveniences and sustainable living concepts. Its strategic locations serve as a guarantee for business traffic required and ensure its convenience by connecting with several major highways that include the new Coastal Highway Southern Link (CHSL) and the Second Malaysia-Singapore Link. Also, it is just around Legoland, Gleneagles Hospital and Iskandar Puteri City Council. With the expectation of the upcoming High-Speed Rail at Gerbang Nusajaya, it does fulfil the requirement of excellent property investment. It can be accessed through the Malaysia-Singapore second link easily and the Jalan Sultan Ismail and Lebuh Kota Iskandar. The nearest bus transit is only 2.5 km away. The bus service connects Versis to an attraction for example the Legoland Malaysia and the neighbourhood nearby. Other popular attractions there include Swan Lake, Signature Lake, Legoland water park and Medini Botanical Garden. All these places can be reached easily within 10 minutes of driving. Versis Medini is a 22-acre commercial development with 189 units of 3 and 5-storey shop offices with a gross development value of RM520 million. Each of them has a built-up area from 4,381-5,936 sq. ft and comes with 24hr CCTV security. There are ample parking spaces available, setting the owner free from parking anxiety. To be noticed, Versis guarantees rental returns of 5% per annum for 4 years. It is surrounded by many education centres ranging from preschool to tertiary level. Mount Kelly Malaysia and Cherie Hearts International Preschool are two pre-schools with British style education. On the other hand, Sekolah Kebangsaan Medini and Sekolah Menengah Kebangsaan Medini are primary and secondary schools around there respectively. Lastly, the University of Reading Malaysia and University of Southampton Malaysia Campus are a private university with 3km distance from Versis Medini only. Gleneagles Medini and Hoo Specialist Maternity & Surgery Sdn. Bhd. Are the two private hospitals available within a 3km. There is no need to worry about the convenience of medical service in an emergency. In Versis, immediate medical attention is what we can expect. Versis has a few convenience stores that are located around it which ensure the convenience of people in that area. The nearest convenience store is the 99 speedmart which is inside part of Versis Medini. In addition, the Mall of Medini and Royal Selangor mall of Medini are only 5km away from Versis Medini. In another 3km distance, Bazaar Mydin Anjung Nusajaya is another choice for daily conveniences. There are many restaurants with different styles near Versis Medini. Those restaurants not only include western, Chinese, Thai, and many other styles, but also food at a different price range. A consumer can select what to eat based on their preference and affordability, for example, an expensive fine dining restaurant, a medium-level price café, or an affordable hawker center. Here is a list suggested by TripAdvisor which consists of the 10 best restaurants in Iskandar Puteri area to investigate in detail if interested. BCB Berhad as developer of Versis Medini, is a public company converted from Kemajuan Buditama Sdn. Bhd on 21 August 1995. It was listed on the main board of Bursa Malaysia on 3 December 1996. BCB is the largest property developer in Batu Pahat and Kluang towns, and its company development projects spread over several towns in Johor. Versis Medini was launched at a price range from RM2,000,000 to RM5,000,000 with an average price starting from RM456.52 to RM842.32 per square feet. The lowest 35 years monthly repayment is approximately RM7544 with a down payment of 10 per cent and an interest rate of 3.6%. As for reference, here is a list of properties with a similar price range.