Viridea Medini Lakeside

Rare, Lease Buyback Scheme! First 4 year @ 4% p.a, subsequent 4 years @ 5% p.a

Viridea Medini Lakeside is a 8.2-acre mixed development located at Medini, an area which has been earmarked as the central business district of Nusajaya (Flagship B), one of Iskandar Malaysia’s five flagship zones.


Viridea Medini SOHO

Viridea masterplan is designed to be showcase of residential, business and retail components. Designed to an international audience using sustainability, community and placemaking as guiding principles. Viridea @ Medini Lakeside is set to become a new highlight for Medini and a home for a vibrant community.

The Viridea philosophy is a blend of three themes – Versatile, Verdure and Vibrant. A concept that defines balance in life.

Modern finishing, upscale facilities and unique park, it is a place of Versatile lakeside lifestyle. Viridea brings nature closer with its Verdure environment that will enhance one’s life. It is a downtown of dreams that will create a Vibrant community and diversified economy.




Viridea Medini Lakeside SOHO Details

DeveloperVIRIDEA LAKESIDE SDN BHD, a subsidiary of UMLAND
LocationMedini Iskandar, Nusajaya, Johor Bahru, Malaysia
Land Tenure99 + 30 years
99 years Lease Expiry Date14 February 2107
Plot / Parcel Area1.01-acre
CompletionEstimate Q2-Q3 of 2019
No. of Block1 Tower
No. of Storey@4 Storey
No. of Unit120 Units
No. of Unit per Floor8 units per floor
No. of Lift per Floor2 passenger lifts & 1 Service lift

Viridea SOHO Unique Features

Exempted Real Property Gain Tax (RGPT)
Tax Incentive
No Limit purchase price for foreigner.
SOHO with Lease Buyback Scheme! First 4 year @ 4% p.a, subsequent 4 years @ 5% p.a
Partial furnished units with air-con, kitchen cabinet with hood & hod, wardrobe at master bedroom.
2 carpark lots allocated to each units
Located in Medini Business Zone
Near to Educity where a few international universities are located
Spill over effects from High Speed Rail (HSR) projects from Singapore to Kuala Lumpur
Special government incentives for business owners in Medini Development Zone


Why Invest in Medini

Attractive Sales Package
– SPA & Loan Legal Fees – Dev absorb
– No GST
– Leaseback Scheme of 4 yrs at 4% p.a. + 4 yrs at 5% p.a
– 2 carparks alloted per unit – FOC

To book a unit
– RM10,000 Ernest Deposit or S$2000 admin Fee –
– Proceed to apply bank loan.
– Cash purchaser proceed to sign SPA & LA within 21 days
– Upon signing SPA & LA(if applicable) place a 10 % downpayment
– Ernest Deposit or AF will be fully refunded to successful purchaser
– Balance payment will be by Progressive Payments per Schedule of Payment as SPA details