Step Into A World Of Inspired Elegance & Refined Modernity

Transcription

1 Step Into A World Of Inspired Elegance & Refined Modernity

2 Signature Hospitality Suites Exquisitely designed and crafte according to the development standards of Mah Sing Group, Ramada Meridin, Johor Bahru presents contemporary interiors that merged with urban chic.

3 Contents Exquisitely designed and crafte according to the development standards of Mah Sing Group, Ramada Meridin, Johor Bahru presents contemporary interiors that merged with urban chic Investor Paradise A World Class Partnership locations Medini Special Incentives Tourist Attractions Ammenities Layouts Hotel Furnishing Item Facilities Integrated Development Site Layouts (Tower B & Tower C) Floor Plan - Type A1 / A2 / A3 Actual Photo of Interior Sale Information - Type B Sale Information - Type C Third Schedule - Type B & C Market Report Mah Sing Group Award Sales Person Construction Photo FAQ

4 Malaysia, an Investor Paradise: Dynamic, Diverse, Stable Among Top 10 Best Locations to Invest in Asia The Economist Malaysia is one of Southereast Asia s most affluent and vibrant countries, with a rich heritage, culture, and biodiversity. The nation is one of Asia s top tourist destinations, with over 27 million foreign visitors per year. One of the World s Leading Tourist Destinations, Top 15 in Receipts 9 th Most Visited Nation in World UNTWO 2013 Among Top 10 Must-See Global Destinations in World Lonely Planet Tourism industry is poised to welcome 36 million visitors in generating over RM168 bil in foreign exchange earnings Among Top 10 Friendliest Countries in World Forbes Magazine 1

5 A World-Class Partnership 71 countries. Headquartered in Parsippany, N.J., with offices around the globe in London, Shanghai, Dubai and other cities, the company employs more than 9,000 associates worldwide. From the upper-upscale offerings of its namesake Wyndham Hotels and Resorts brand, to the distinctly comfortable and familiar properties of its globally recognized Days Inn, Super 8 and Howard Johnson franchisees with exceptional customer service, great value and the most lodging choices around the world. Wyndham Grand Orlando Resort, Bonnet Creek, Florida, USA Over 850 Hotels in 52 Countries Ramada Worldwide is Wyndham Hotel Group s mid-scale, full-service brand, with over 850 hotels in 52 countries worldwide. Ramada touts 89% brand awareness among consumers within the U.S. and Canada thanks in part to an impressive global marketing campaign. Ramada first joined the Wyndham Hotel Group family in 1990 and has since become one of the largest hotal brand in the world. Ramada properties appeal to a wide variety of travelers. From family vacations to business trips to weddings, consumers rely on Ramada for quality and comfort. Ramada s diverse selection of hotels offers inviting features such as exceptional customer service, restorative bed and bath experience and free high-speed Internet. In most locations, swimming pools and a-la-carte food service are available, complimentary continental breakfast is available in a number of properties. Ramada Resort Kusadasi & Golf, Akyarlar, Kusadası, Turkey 2

6 Laos Locations Iskandar Malaysia lies at the heart of South East asia at the southern tio of West Malaysia within minutes from Singapore Myanmar Vietnam Strategically located at the cross roads of East-West trade lanes Centrally located in the heart of East Asia Thailand Cambodia Philippines MALAYSIA Brunei Darussalam South China Sea JOHOR Singapore Indonesia 3

7 EDUCITY - Newcastle University Medicine - Netherland Maritime Institute of Technology - Raffles University Iskandar - University of Southampton - Reading University - Multimedia University - Khazanah Trust Schools Potential site for High Speed Rail 313 Interchange Exit Flagship A Flagship B Flagship C Flagship D Flagship E Johor Bahru City Centre Nusajaya Tech Park Gerbang Nusajaya Motorsports City Asian Trade Centre Proposed Future Bridge to Pontian 1ST TRAFFIC LIGHT (Tanjung Pelepas Highway) Tanjung Bin Power Plant Port of Tanjung Pelepas (PTP) Iskandar Puteri 2nd Link Expressway SiLC E307 E312 E311 EduCity Legoland Poresia Golf & Country Club Gleneagles Medini CIQ Pinewoods Studio 2nd Link Columbia Asia Hospital Marlborough College Tuas Checkpoint Tuas Industrial Estate Western Gate Development Iskandar Coastal Highway Kota Iskandar CIQP Ferry Terminal AYE Skudai Highway PIE Jurong Port North-South HighwayEDL Pasir Gudang Highway KJE Potential site for High Speed Jurong Gateway Eastern Gate Development JOHOR BAHRU CIQ Causeway Woodlands Checkpoint SINGAPORE BKE FAMILY ENTERTAINMENT CENTRE - Puteri Harbour - Traders Hotel - Hello Kitty Town ( Family Theme Park) Senai - Skudai Iskandar s Strategically Located Tuas Checkpoint Marlborough College High Speed Rail (HSR) Danga Bay Motorsports City AEON Bukit Indah SiLC UEM Ascendas Techpark Leisure Farm Poresia Golf & Country Club Johor Premium Outlets (JPO) IOI Mall Bandar Putra Stadium Larkin The Zon (Duty Free) Key Economic Drivers of Iskandar Malaysia 5 mins 15 mins 20 mins 25 mins 30 mins Horizon Hills GCC Legoland Malaysia Educity Puteri Harbour Pinewood Studios Kota Iskandar JB City Center Senai International Airport Woodlands Checkpoint Port of Tanjung Pelepas Changi Airport Marina Bay Resort World Sentosa Gardens By The Bay Orchard Road 4

8 ZONE A 28-Storey twin towers office project D Prestine 8 acres - Mixed development Iskandar New Central Business District (CBD) Exquisitely designed and crafte according to the development standards of Mah Sing Group, Ramada Meridin, Johor Bahru presents contemporary interiors that merged with urban chic. Mall of Medini Medini Residences Legoland Hotel Legoland Malaysia Mall of Medini ZONE A Gleneagles Medini Botanica Park Medini Square ZONE B Medini Iskandar Residences Medini Square ZONE C MEDINI ISKANDAR MALAYSIA Media Village I Medini & Medini Signature ZONE D MEDINI Special Incentives Avira Resort Wellness ZONE E No minimum buying / Selling price for foreigners 15% income tax rate for knowlegde workers ZONE F Sunway Iskandar No RPGT (Real Property Gains Tax) 100% foreign ownership for knowlegde workers Free car import duites for knowledge workers 5

9 Top 10 Tourist Attractions in Johor PERLIS KEDAH 1. Gunung Ledang National Park 2. Johor Bahru Heritage Trail 3. Kota Tinggi Waterfalls 4. Legoland Malaysia 5. Puteri Harbour Family Theme Park 6. Johor Premier Outlets 7. Tanjung Piai 8. Kukup Fishing Village 9. Muar Walking Tour 10. Pulau Tioman West Coast Expressway North-South Expressway PULAU PINANG Taiping PERAK KELANTAN TERENGGANU Mall of Medini Legoland Malaysia Gleneagles Medini PAHANG A Location in the Heart of it all RAMADA Meridin, Johor Bahru is tactically located along Iskandar Coastal highway of Johor Bahru, Johor. It is situated approximately 45 minutes from Singapore and less than a kilometre from Legoland Malaysia. Johor, Flourishing Tourism and Economic Growth A township development that will become a central business district in the newly created southern economic zone of Iskandar in Johor Bahru which is the protocol road to the Meridin@Medini employs a Live, Work, Relax and Rejuvenate concept. ZONE C ZONE B Media Village MEDINI ISKANDAR MALAYSIA ZONE D ZONE F ZONE A Sunway Iskandar Avira Resort Wellness ZONE E Medini Square Botanica Park 1 25'16.05"N '25.67"E SELANGOR Banting KUALA LUMPUR NEGERI SEMBILAN MELAKAA JOHOR 25km 215km 152km 161km Singapore Johor Bahru Malacca Kuala Lumpur Lumut Ipoh Penang 6.42 million tourists in million tourists in 2015 Last updated on 17 April :40pm-theSundaily Great Economic Potential Increasing Domestic Demand Demand has always been tremendous for unique, quality 4-5 star destination hotels and resorts in any country The states of Johor is among the highest number of hotels in the country with 509 hotels as per OCT New Economic Growth Hub In Iskandar Malaysia, between 2007 and 2015, it created a total of 682,169 jobs in various sectors, mostly in manufacturing, hospitality, food and beverage, as well as education. Investment Benefits In Johor Strategic location Business-friendly environment Availability of natural resources Greatly improved infrastructure Support by a progressive state government Upcoming Infrastructure Improved accessibility through upgrading of road and rail networks The High Speed Rail (HSR) project shall connects the major cities such as Penang, Kuala Lumpur and Singapore. HSR could fulfil future transportation demand to provide an efficient and comfortable travel to passengers shuttling between Singapore and Malaysia. 6

10 Ammenities Exciting Destinations Around Us International Destinations Legoland hello Kitty indoor Theme Park Lifestyle Retail Mall at medini North Johor Premium outlets Iskandar Malaysia Recreaction Six International Standard Golf Course Traders Hotel The ledang Urban Retreat International Standard Marinas Gourment Eateries and Boutique Style Retails Healthcare AFFIAT Health Park Columbia Asia Hospital Gleneagles Medini Hospital Legoland Malaysia Puteri Harbour Johor Premium Outlet Education Newcastle university of medicine Malaysia University of Southampton malaysia Raffles University Iskandar Netherlands Maritime Institute of Technology Marlborough College Malaysia Managment Development Institute of Singapore University Reading Multimedia university Mall of Medini EduCity pinewood Studios Puteri Harbour Family Indoor Theme Park 7

11 Layout A Unique Sense of Place Retreat into a quit and peaceful setting that is nonetheless, afew steps away from all the exitement and vibe that is Medini Iskandar Malaysia. Yoga Deck Reflexology Meditation Deck Swimming Pool Wading Pool Aqua Gym Cafe storey suites 8

12 Hotel Furnishing Items Items Included for Owners Bedroom 1. Bed, Mattress complete with soft furnishing 2. Bedside tables 3. Wardrobe 4. Table 5. Chair 6. Television 7. Lighting 8. Window Curtain 9. Air conditioner Bathroom 1. Vanity Top 2. Mirror 3. Lighting Items for Hotel Operation Only Bathroom 1. WC 2. Shower head 3. Wash Basin 4. Kitchen Sink Bedroom 1. Throw cushion & cushion cover 2. Bed runner 3. Mirror at dressing table 4. Safe 5. Hair Dryer 6. Iron 7. Iron Board 8. Towels 9. Pillow Case 10. Waste Bin 11. Room Service Items 12. Guest Rectangular Tray Living/Dining Area 1. Sofa 2. Coffee Table 3. Side table 4. Carpet 5. Designer Chair 6. Dining Table 7. Custom mug 8. Black out curtain 9. Television 10. Telephone 11. Kettle 12. Minibar 01 - Lobby 02 - Suites 03 - Dinning

13 Facilities Exquisitely designed and crafte according to the development standards of Mah Sing Group, Ramada Meridin, Johor Bahru presents contemporary interiors that merged with urban chic Cafe 02 - Lobby 03 - Conference 04 - Gym 05 - Pool Intergrated Retails Pharmacy Bakery Laundry Restaurant Saloon Clinic 10

14 Located in The Medini, an extremely characteristics, quiet and lively area within short walk distance to all sites, the panorama merely complimented with The Meridin Sovos and The Meridin Walk, making it the perfect place from which to explore or enjoy the more relaxed neighbourhood. 11

15 Suite Layouts (Tower B) TYPE A2-A TYPE A1-A TYPE A1-A TYPE A2-A TYPE A3-A TYPE A1-A TYPE A1-A TYPE A2-A TYPE A3-A TYPE A1-A TYPE A1-A TYPE A2-A 12

16 Suite Layouts (Tower C) TYPE A2-A TYPE A1-A TYPE A1-A TYPE A2-A TYPE A1-A TYPE A3-A TYPE A2-A TYPE A1-A TYPE A2-A TYPE A1-A TYPE A1-A TYPE A3-A 13

17 Junior Suite TYPE A1 318 sq.ft Bedroom Barhroom Living Room Pantry

18 Classic Suite TYPE A2 646 sq.ft Bedroom Barhroom Living Room Dinning Hall Kitchen

19 Premium Suite TYPE A3 885 sq.ft 2 Bedrooms 2 Barhrooms Living Room Dinning Hall Kitchen

20 The Ramada Hotel offers a range of comfortable rooms and suites in the heart of the city, providing a spacious retreat for all of our guests. 17

21 With a separate living room and bedroom, our rooms offer more spacious accommodation in which to spread out and relax after a long day in The Medini. Benefitting from a comfortable bed and minibar, greatest satisfaction is a surety. 18

22 Living areas are contemporary in style and designed to maximize light and space. 19

23 Sales Information ( Tower B ) Free Legal Fees on SPA & Loan Agreement Only* Free Disbursement Fee on SPA & Loan Agreement Only* Rebates : {1ST Stage & Progressive Stages 2(a) & 2(b)} Junior Suites : RM103, Classic Suites : RM 234, Premium Suites : RM 330, Fixed 7% p.a for 1st 3 Years Junior Suites : RM 77, Classic Suites : RM 141, Premium Suites : RM 177, Profit Sharing : 70% of Net Profit from Hotel Operation (4th to 9th Year) Absorption of State levy ( Foreigner Only) or Additional RM20,000 Cash Rebate Upon VP or Frontioad at Progressive Stage 2(b) ( Malaysian Only) Absorption of 6% GST 20

24 Tower B Hotel Suites Malaysians Foreigner Progressive Payment Stages Progressive Payment Stages Credit Note for Stage 1-2a RM103,000 Credit Note for Stage 1-2a RM103,000 Price after Credit Note Additional Rebate RM387,000 RM20,000 Price after Credit Note Assuming 70% Loan Margin RM387,000 RM343,000 RM 490,000 Assuming 70% Loan Margin RM343,000 Differential Sum RM44,000 Differential Sum RM24,000 Hotel Suites Malaysians Foreigner Progressive Payment Stages Progressive Payment Stages Credit Note for Stage 1-2b RM234,000 Credit Note for Stage 1-2b RM234,000 Price after Credit Note Additional Rebate RM696,000 RM20,000 Price after Credit Note Assuming 70% Loan Margin RM696,000 RM651,000 RM 930,000 Assuming 70% Loan Margin RM651,000 Differential Sum RM45,000 Differential Sum RM25,000 Hotel Suites Malaysians Foreigner Progressive Payment Stages Progressive Payment Stages Credit Note for Stage 1-2b RM330,000 Credit Note for Stage 1-2b RM330,000 Price after Credit Note Additional Rebate RM870,000 RM20,000 Price after Credit Note Assuming 70% Loan Margin RM870,000 RM840,000 RM 1,200,000 Assuming 70% Loan Margin RM840,000 Differential Sum RM30,000 Differential Sum RM10,000 21

25 Sales Information ( Tower C ) Free Legal Fees on SPA & Loan Agreement* (Legal Fee s GST Included) st Rebates : {1 Stage & Progressive Stages 2(a) & 2(b)} Meridin Junior : RM 118, Meridin Classic : RM 234, Meridin Premium : RM 292, Fixed GRR for 1st 3 Years Junior Suites Classic Suites Premium Suites : RM 66, : RM 135, : RM 186, Profit Sharing : 70% of Net Profit from Hotel Operation (4th to 9th Year) Absorption of Foreign State levy ( Foreigner Only) or Additional RM20,000 Cash Rebate Upon VP or Frontioad at Progressive Stage 2(b) ( Malaysian Only) Absorption of 6% GST 22

26 Tower C Hotel Suites Malaysians Foreigner Progressive Payment Stages Stage 1: 10% (RM46,000) Stage 2a: 15% (RM69,500) Stage 2b: 15% (RM69,500) Total for Stage 1 2b: RM184,000 Credit Note for Stage 1-2b: RM118,000 Price after Credit Note: RM342,000 Additional RM20,000 Rebate Assuming 70% Loan Margin (RM322,000) Booking Fee: RM2,000 Progressive Payment Stages Stage 1: 10% (RM46,000) Stage 2a: 15% (RM69,000) Stage 2b: 15% (RM69,000) Total for Stage 1 2b: RM184,000 Credit Note for Stage 1-2b: RM118,000 Price after Credit Note: RM342,000 Assuming 70% Loan Margin (RM322,000) Booking Fee: RM20,000 (Incl. Booking Fee) RM 460,000 Progressive Payment Stages Stage 1: 10% (RM88,000) Stage 2a: 15% (RM132,000) Stage 2b: 15% (RM132,000) Total for Stage 1 2b: RM352,000 Credit Note for Stage 1-2b: RM234,000 Price after Credit Note: RM646,000 Additional RM20,000 Rebate Assuming 70% Loan Margin (RM616,000) Booking Fee: RM10,000 Progressive Payment Stages Stage 1: 10% (RM88,000) Stage 2a: 15% (RM132,000) Stage 2b: 15% (RM132,000) Total for Stage 1 2b: RM352,000 Credit Note for Stage 1-2b: RM234,000 Price after Credit Note: RM646,000 Assuming 70% Loan Margin (RM616,000) Booking Fee: RM30,000 RM 880,000 Progressive Payment Stages Stage 1: 10% (RM114,000) Stage 2a: 15% (RM171,000) Stage 2b: 15% (RM171,000) Total for Stage 1 2b: RM456,000 Credit Note for Stage 1-2b: RM292,000 Price after Credit Note: RM848,000 Additional RM20,000 Rebate Assuming 70% Loan Margin (RM798,000) Booking Fee: RM30,000 Progressive Payment Stages Stage 1: 10% (RM114,000) Stage 2a: 15% (RM171,000) Stage 2b: 15% (RM171,000) Total for Stage 1 2b: RM456,000 Credit Note for Stage 1-2b: RM292,000 Price after Credit Note: RM848,000 Assuming 70% Loan Margin (RM798,000) Booking Fee: RM50,000 RM 1,140,000 23

27 Third Schedule ( Clause 4(1) ) Schedule of Payment of Purchase Price TOWER B ITEM INSTALMENTS PAYABLE % AMOUNT AMOUNT AMOUNT Type A1 Type A2 Type A3 1. Immediately upon the signing of this Agreement Within fourteen (14) days after receipt by the Purchaser of the Vendor s written notice of the commencement of- (a) the earthworks for the Project 15 (b) the piling and foundation works of the Project 15 (c) the reinforced concrete framework of the Parcel Within fourteen (14) days after receipt by the Purchaser of the Vendor s written notice of the commencement of:- (a) the walls of the said Parcel 10 (b) the electrical, plumbing and conduit without wiring and fittings to the said Parcel 10 (c) the internal plastering of the said Parcel 10 (d) the roads, drains and sewerage works serving the Project 5 RM 49,000 RM 93,000 RM 120,000 RM 73,500 RM 139,500 RM 180,000 RM 49,000 RM 93,000 RM 120,000 RM 24,500 RM 46,500 RM 60, On handing over vacant possession of the said Parcel RM 490,000 RM 930,000 RM 1,200,000 24

28 Third Schedule ( Clause 4(1) ) Schedule of Payment of Purchase Price TOWER C ITEM INSTALMENTS PAYABLE % AMOUNT AMOUNT AMOUNT Type A1 Type A2 Type A3 1. Immediately upon the signing of this Agreement Within fourteen (14) days after receipt by the Purchaser of the Vendor s written notice of the commencement of- (a) the earthworks for the Project 15 (b) the piling and foundation works of the Project 15 (c) the reinforced concrete framework of the Parcel Within fourteen (14) days after receipt by the Purchaser of the Vendor s written notice of the commencement of:- (a) the walls of the said Parcel 10 (b) the electrical, plumbing and conduit without wiring and fittings to the said Parcel 10 (c) the internal plastering of the said Parcel 10 (d) the roads, drains and sewerage works serving the Project 5 4. On handing over vacant possession of the said Parcel RM 46,000 RM 88,000 RM 114,000 RM 69,000 RM 132,000 RM 171,000 RM 69,000 RM 132,000 RM 171,000 RM 69,000 RM 132,000 RM 171,000 RM 46,000 RM 88,000 RM 114,000 RM 46,000 RM 88,000 RM 114,000 RM 46,000 RM 88,000 RM 114,000 RM 23,000 RM 44,000 RM 57,000 RM 46,000 RM 88,000 RM 114,000 RM 460,000 RM 880,000 RM 1,140,000 25

29 Market Report Main Market Performance of Hotels RM % e Average Room Rate (LHS) Average Occupancy Rate (RHS) Source: WTW Research Total Supply of Hotels No. of Hotels e No. of Hotels (LHS) No. of Rooms (RHS) No. of Rooms ( 000) 8 Source: WTW Research Hotel market in Johor Bahru is expected to remain stable in 2015 with hotel room rate to remain steady whilsts occupancy rate will increase slightly due to limited immediate new supply The overall supply of 3 to 5-star hotel rooms in Johor Bahru stood at 7,137 rooms from 27 hotels. New hotels operated were mostly budget or boutique hotels, catering mainly to leisure guests travelling by private transportation. Most of the hotels are occupied by leisure guest as there are a few new tourist attractons within the Iskandar Malaysia (IM) including Legoland and Austin Heights Water Theme Park, which further strenthen the tourism industry in IM. The average room rate (ARR) of 5-star hotels for 2015 was RM280 while the average occupancy rate (AOR) was about 75%. ARR and AOR of 4-star hotels were RM220 and 75% on average while ARR and AOR of 3-star hotels were RM120 and 68%, respectively. A new serviced apartment with 204 rooms was opened for business this year known as Somerset at Puteri Harbour. This is the second hotel/serviced suite in Puteri Harbour after Jen Hotel. The rooms were sold to individuals and leased back to the operator in exchange for a rental return. Hotel market in Johor Bahru is expected to remain stable in 2015 with hotel room rate to remain steady whilsts occupancy rate will increase slightly due to limited immediate new supply. Incoming hotel developments in Johor Bahru Name Location Rooms Completion Year Holiday Villa City Fringe Somerset Medini Medini Capri by Fraser CBD Amari Hotel CBD Meridin Hotel Suites Medini Citadines Medini Medini Source: WTW Research Citadines Medini in Nusajaya will be managed by The Ascott 26

30 Group Introduction Recognised throughout Malaysia as the leading property developer, Mah Sing Group Berhad brings a 20-year history and a proven track record of developing and completing prime residential and commercial projects strategically across Malaysia's property hotspots. This currently includes 48 projects across greater Kuala Lumpur, Klang Valley, Johor Bahru (Iskandar Malaysia), Penang (North Corridor Economic Region), and Kota Kinabalu, Sabah. What sets Mah Sing apart from other developers is its product offerings and the ability to cater to the diverse buyers and market segments. Unlike many other firms who only execute, the Group strongly believes in the co-existence and harmony of their buyers' needs, the environment around the property, and the community surrounding it. One of the Group's strong commitments can be seen in their charity arm, the Mah Sing Foundation - to aid and benefit the less privileged. On top of residential development, the Group also has a strong commercial presence with Grade A buildings, integrated business parks and mixed commercial developments. They are one of the pioneers of en-bloc commercial sales in the key capital of Malaysia. The Group has consistently received awards for its performance and quality of developments; with 100-over accolades and awards garnered locally and internationally. Adding on to its existing portfolio, the Group owns Mah Sing Plastic Industries Sdn. Bhd. (MSPI) - one of the largest high-tech plastic manufacturers in Malaysia and Indonesia. GroupValues Customer People Share Holder Sosial Responsibilities We provide our CUSTOMERS with timely delivery of quality properties. We are uncompromising in our commitment towards total customer satisfaction. We develop our PEOPLE and provide a professional, conducive working environment. Our inspired team is formed on a foundation of experience and dedication. We continuously enhance and protect SHAREHOLDER value with well-planned corporate strategies as thanks for their trust and confidence. Integrating our SOCIAL RESPONSIBILITIES into the way we manage our business and operations, we try to build better COMMUNITIES whilst preserving the ENVIRONMENT. 27

31 Award & Achivements 28

32 Sales person name Hp No. : : meridin@mahsing.com.my Follow is On Mah Sing Group 29

33 Residential Retail Shop BLOCK A BLOCK B BLOCK C 30

34 Meridin Medini Frequently Asked Questions Why wynham will make a profit instead of making losses? Any research been done? Wyndham is a multinational corporation and has hotel businesses worldwide, they have done extensive research and proven track record says it all. Is this a risky product? Every investment product has its risk. With renowed developer, hotel operator & Guaranteed Rental Return, owners risk are minimized to the lowest level. As investor still need to pay/serve progressive interest, stamp duty & MOT? Purchasers would still need to serve progressive interest during construction period. SPA & loan stamp duty, including disbursement fees is not aborbed, purchasers would still need to pay for it. I don't see the need of hotel in Nusajaya. Surrounding with theme parks, educational institution, government offices and production studios with a steady inflow of expatriates, business travellers and tourist, the demand is there. I rather invest on a landed properties e.g. residential, commercial shop & etc Investment in residential or traditional commercial property you may have to manage yourself whereby this hotel investment is hassle free Global Market comment : Property market not a good timing, it may due to oversupply/lot of vacant existing shop & apartment for sales. There may be not a good timing for high rise residential, but for a hotel investment, there is no such thing as a good or bad timing Maintenance fee is pay by owner? Every strata titled property will comes with a DMC (Deed of Mutual Covenent) agreement. The DMC is basically acts like a "house rule" for all owners, in which will consist of maintainence charges for common facilities usage and maintainece of the said property. The hotel suite does comes with a DMC and service charges to maintain the property at its pristine condition, but in which the two towers (B & C) is being utilised as a hotel, the service charges is taken into consideration as a cost of operation in which will be deducted in the balance sheet as "operational cost". Service charges & utilities are covered by hotel operator Investor need to pay the Assessment fee & Quit Rent? What is the rate & how much for each type? Owners will need to pay for the Assessment Fee & Quit Rent. The actual amount to be paid is to be determined by the state council taking into consideration of the current valuation, zoning and type of property. If the owners fails to pay the Assessment and Quit Rent, Meridin Hospitality SB retains the rights to deduct the portion of the profit to pay on behalf of the owners. Profit sharing between operator and owner is tentatively at 70% & 30%, customer asked if there is losses will owner need to bear the loss? and if for example 1st year there is loss but the following year there is profit, does owner entitle any profit sharing for the following year? There is only profit sharing and no loss sharing, owners do not have to bear the losses if there is any. If operator terminate the contract before contract due, what is the compensation or liquidation damages owners will entitle Liquidated damanges will be subject to court order in time of such dispute occur MS sign the contract with Topotel or Ramada? Meridin Hospitality SB is a wholly owned subsidary company of Mah Sing Group, in which has entered into agreement with Wyndham Group for the rights to use Ramada and Ramada Encore brand for hotel B & C. Topotel is the appointed operator for Ramada and Ramada Encore which they need to meet the standards of Ramada in both product and service quality After 3 years, owners can sell their units together with the lease agreement. Will 2nd buyer interested to buy at a lower profit sharing ratio where calculation is base on previous SPA Value. Owners can sell the property in the free market at anytime, the subsequent purchaser will have to proceed with the leaseback agreement; within the 1st 3 years, GRR entitlement for subsequent purchaser is subject to mutual agreement with first purchaser, after first 3 years, subsequent purchaser will enjoy the same profit sharing scheme After 9year, What is the possible options? Find other operator/ All or partially units can be surrenderred? The MC (Management Committee) will return back to the Purchasers after 9 years if the hotel operator decides not to continue. The MC can appoint their own hotel operator. After 9 years operation, partial owner does not want to renew contract, can the hotel operation continue? After the leaseback terms ends, it is subject to the majority of owners of next step/decision. GRR Mechanism GRR is distributed to owners 3 months after VP and will be distributed to owners every 3 months during the tenure. 31

35 Meridin Medini Frequently Asked Questions Islamic loan. Will need at least 1 Islamic financing to deal with Bumi. Currently there is RHB, PBB, UOB and CIMB financing the SOVO product, each financial institution has their respective Islamic financing packages which is shared quota with conventional quota. Customers can feel free to apply Islamic loan at their preference. Possible to get more End Financing? Lack of flexibility. More EF line will become available in near future. Refurbishment Cost, will have extra charge to Buyer? Refurbishments will be executed subject to the room condition. The refurbishment will progress by stages and will not affect the hotel operation. The cost of refurbishment will be borne by purchaser in which will deduct from the net profit. Any Package adjustment in near future? There will be adjustment on the GRR rate & the additional RM20K rebate for Malaysian purchasers maybe withdrawn. The revise sales packages may take into effect on 1st July Resale of property, will there be any charges by developer? There is a 1% from SPA price charge from the developer for resale of property before title issued, after individual title issued, no changes from developer. Foreigner ownership, as mentioned in meeting, please advise the procedure. Foreigners are eligible to purchase without any minimum threshold. They would still need to pay application fee & Foreign Levy (2% of SPA Price OR minimum RM20K whichever is higher). In current promotional package, the application fee and levy is absorbed by developer. List of Panel Banks List of Panel Lawyers A Rahim & Halim Hong & Quek The view for north west or south east? There is both view of north west & south east. Max loan up to? Max loan up to 85% but subject to purchaser profile. How many car parks provided? There is no carparks allocated for purchasers All the booking forms by ? Who is the Admin Staff in charge of Meridin Medini? All booking forms can be downloaded from Google Drive, you can click on the link below to download: FjSnRwdWM&usp=sharing Booking Fees how much? Booking fee is RM2,000 per unit. The entitlement of the promotional package to customer? (Any official letter or black and white)? Purchasers will be given a Promotional Package Form in which will state the full entitlement offered to purchaser. Is it bare unit? What furniture or how many airconds provided? It will be fully furnished. There are items which are given as freebies to purchaser and some items are put in the units for hotel operations only, which in future if the hotel operation ends the items will be removed from the units. Please refer to the sales kit for the detailed items. 32

36 *Terms & conditions apply for all promotion packages.the information contained in this advertisement is subject to change and cannot form part of an offer or contract. All renderings are artist s impressions only. While every reasonable care has been taken in preparing this advertisement, the developer cannot be held responsible for any inaccuracies.