U r contradict urself...one hand say ph, medini in future shud b like cbd like area with significant number of ppl reside there, making the business there vibrant. On another hand pula talk about ppl buy as holiday home (retirees still ok as they will spend time there mostly) bought as second home suka suka stay liken it with sentosa cove. Ur logic loop hole is, how vibrant is sentosa cove as business centre? It will be hard for business to take off there as demand only appear in holidays. Unless those banking like industry cluster there driving real high networth population working n staying there. If not the whole concept of dynamic cbd with atas ppl staying as holiday home totally unworkable. More likely in future these place will be 'quiet, less crowed rich area where a lot of condo units empty most of the time, mainly students from bangla, sri lanka thai viet etc studying at educity &tourists & retireers made up the ordinary day population, probably robinhood will shift their target from jb to medini as the atas class is more obvious.[/QUOTE]
Anyone who is familiar with the Medini masterplan would know that it is a zoned area and the IRDA is attempting to appeal to different segments of the populace. The Wellness centre caters to medical tourists as well as some retirees who may want to make a home near such facilities, on the other hand there are also plans to make Medini into an Islamic banking centre .This is not a contradiction. I mentioned Sentosa Cove not as a biz hub but as an example of a place that locals may not choose to live , yet expats find very livable, again only certain segments of the expat population.There is something for everyone in Iskandar, for a place to make it , it needs to provide viable options.
As for Medini , for those who are keen to invest in it, you can either buy now before the place is up and running or you can wait till its made it like BI and pay a premium. On the other hand if you cant afford to take the risk or dont believe in it, stay out. Let those who believe in it and can afford to take the risk do so.
In my case my husband happens to know certain persons in IRDA who told him that the government is very keen on seeing Medini succeed. I believe not all all areas in Iskandar get the same level of govt commitment. The higher profile areas like PH and Medini are on the radar of the govt. As for BI and other residential areas, they will do well on their own as they appeal to most SPR and Singaporeans and homes in these areas will always be sought after as long as Singapore property prices remain high.
