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d'Pristine @ Medini

d'Pristine comprising of 2 residential towers, 1 Grade A office tower, 1 hotel tower and 3 levels of retail shops
Developer : dPristine Medini Sdn Bhd (fully owned subsidiary of B&G Capital Resources Berhad)
Location : Located at Medini North of Medini Iskandar. Only mins walk to Legoland Theme Park and Mall of Medini.
Property Type : Mixed Integrated Commercial Development comprising of:
  • 2 Residential Towers (1,187 SOFO units)
  • 1 Grade A Office Tower (412 units)
  • 1 Hotel Tower (4 star hotel with 300 rooms)
  • 3 Storey Inter-Connected Retail Mall & Convention Centre
Residential Tower
Unit Mix :
1,187 SOFO* units comprising of :
  • 1 room (644 sqft)
  • 2 room (771 sqft)
  • 3 room (1,308 sqft)
  • 3 room DK (1,416 sqft)
* SOFO is Small Office/Flexible Office. Much like its name, SOFOs are small units that offer owners greater flexibility in terms of how they decide to use their space –be it for residential or commercial purposes or both.
Tenure : 99 years lease commercial land
Expected TOP :     2017
Maintenance Fees (incude sinking fund) : Proposed 15c - 20c psf.

d'Pristine location map

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Preferred Unit Type:
1 room (644 sqft)
2 room (771 sqft)
3 room (1,308 sqft)
3 room DK (1,416 sqft)

Buzz over Temasek-Khazanah condo

- The Straits Times dated 5 Jun 2013

147 units at Afiniti Residences in Iskandar launching on Saturday

BUYERS are queueing up to get a foot in the door of the first property launch to emerge from the partnership in Iskandar Malaysia between Temasek Holdings and Khazanah Nasional.

All of the 147 units at Afiniti Residences will be launched for sale at a balloting exercise on Saturday morning at the Traders Hotel at Puteri Harbour in Iskandar.

About 1,570 people have registered their interest online for the 129-year leasehold condominium, which is next to Legoland in Nusajaya, with more signing up since registration closed last week.

Ms Roslina Arbak, general manager of Pulau Indah Ventures (PIV), the 50-50 joint venture firm formed by Temasek and Khazanah, said two-thirds of those who have registered are Malaysians, while 32 per cent are Singaporeans.

The enthusiasm does not seem to have been dampened by a weekend announcement by Johor Menteri Besar Mohamed Khaled Nordin that the state will increase tax rates this year for property- owning foreigners. Ms Roslina said there has been little impact: “We have not received any calls to ask about it and nobody has withdrawn their registration.”

The units range from 484 sq ft to 1,064 sq ft, with completion expected in 2015. They cost between RM850 (S$340) psf and RM1,000 psf although homes overlooking Legoland will command higher prices. The smallest unit will cost just under RM500,000.

Afiniti Residences is the first property to be launched in the Medini area and the first batch of leasehold homes to be sold in Iskandar. Previous launches have involved freehold property.

This makes it hard to compare Afiniti’s prices with past launches, said Mr Chris Koh, director of property consultancy Chris International. “Teega, a (freehold) condominium at Puteri Harbour, was launched at about RM800 psf in the last quarter of last year, and that was freehold, so it would seem cheaper,” he said.

“However... although it’s leasehold, because Medini is being touted as the next Orchard Road, it would appeal to people who want that kind of convenience.”

The entire Afiniti Medini site spans 2ha and will feature Afiniti Residences, a five-storey wellness centre with health-related offerings and services, a 310-unit serviced apartment managed by The Ascott, a four-storey corporate training centre and some shops.

PIV and Malaysian developer Eastern & Oriental are developing Avira, an 85ha site in Medini with a similar wellness theme.

Avira will feature wellness services, landed houses, serviced apartments, condominiums and commercial space. The project will be launched in the coming months.

Afiniti Medini and Avira will have a total gross development value of RM3 billion.

Afiniti condo in Iskandar sold out in under six hours

- The Straits Times dated 10 Jun 2013

AFINITI Residences, a condominium project in Iskandar Malaysia, was sold out within 51/2 hours last Saturday, with Singaporeans making up a quarter of the successful buyers.

Over a thousand people turned up that day at a balloting exercise for the project in Iskandar’s Medini area, vying for just 88 units.

By 4.30pm, all available units had been sold.

The project, developed by Pulau Indah Ventures (PIV), a 50-50 joint venture between Temasek Holdings and Khazanah Nasional, will have 147 units.

However, 59 of these units had been set aside for stakeholders, including the developer and its partners.

Malaysians made up 72 per cent of the buyers, with those from Johor taking up 37 per cent of the units.

Singaporeans formed the next largest group of buyers, taking up 25 per cent of the homes on sale.

The remaining units were sold to Indonesian, Indian and Chinese nationals.

The homes ranged in size from 484 sq ft to 1,064 sq ft. Prices started from less than RM500,000 (S$202,000) for a studio apartment to less than RM1 million for a two-bedroom unit with a study.

This translates to RM850 to RM1,000 per sq ft, with units facing the Legoland theme park commanding higher prices.

“PIV is also in conversations with a few international property management companies to provide property management and external leasing services to buyers,” the developer said in a statement yesterday.

The developer added that it is also seeing interest from corporate tenants who are keen to lease the commercial spaces in the development.

“We will be selective in the choice of tenants and stay true to our vision of establishing Afiniti Medini as an iconic wellness hub in the region for families, tourists and professionals to enrich, recharge and rejuvenate themselves,” said PIV general manager Roslina Arbak.

Afiniti Residences is part of Afiniti Medini, a 2ha integrated development which will also include a wellness centre, wellness- themed shops, a corporate training centre and serviced apartments.

The entire development, which is located next to Legoland, will be completed by end-2015, with construction having begun earlier this year.

Latest Updates

1 Jun 2013
Target balloting date:July 2013

Register your interest to receive the latest updates on d'Pristine @ Medini and be invited for the exclusive launch.

Price range

1 Room from RM450,000
2 Rooms from RM540,000
3 Rooms from RM960,000
3 Rooms DK from RM990,000

Preview Discount

1) SPA Legal Fees and Loan Legal Fees Absorbed (Savings of between RM15,000 to RM36,000)

2) State Consent Fee Absorbed (Savings of RM10,500)

3) DIBS – Developer Interest Bearing Scheme (Developer absorbs loan interests throughout construction and loan instalment on starts upon completion of construction)

4) Free first year free car park lot

5) 4% rebate for cash buyer (payable upon completion)


d'Pristine 1 room floorplan
1 room

d'Pristine 1 room floorplan
2 room

d'Pristine 1 room floorplan
3 room

d'Pristine 1 room floorplan
3 room (DK)

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