Mah Sing’s RM5 billion Meridin East in Iskandar Malaysia

When I was in JB two weekends ago, I drove past a sign which said Meridin East. There was no time to take any photos as I was driving… Haha. Recently, I read about it online. I think billboards are important but the truth is only online allows us to know more. These days, the gross development value (GDV) of integrated projects for the bigger developers and even some mid-sized ones are under the “berbillion-billion” category. Another one has been announced and this is for Pasir Gudang, Johor. Mah Sing Group will be launching a 531.3 ha development called Meridin East in Johor.

meridin eastThis will be its largest township development in the eastern zone of Iskandar Malaysia. Total GDV is RM5bil and it’s focused in Kong Kong, Pasir Gudang, which falls under Flagship Zone D of Iskandar. Its Group senior chief operating officer James A. Bruyns said that since the western side of Iskandar has seen lots of developments, Mah Sing has decided to focus on the eastern side with Meridin East. The whole development of the township would be fully completed in 15 years.

He added, “With Pengerang and Desaru being developed for its tourism and oil and gas hub, we foresee a rise in the demand for residential and commercial lots, making this the right location to cater to those demand.” First phase which has commenced construction would be completed in the first quarter of 2018. This is less than 2 years away. Of course, no one should decide based on images or things we read online. If we have serious interest, take a drive. Understand the actual location. Know the advantages of other established developments nearby. Understand the limitations in terms of accessibility, conveniences and also other competing products nearby. Happy commenting if you have visited the actual site. I have not.

written on 29 July 2016

next suggested article: Don’t simply buy Iskandar property because….

 

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