JOHOR BARU: Medini in Nusajaya will continue to enjoy special tax holidays and other incentive packages currently reserved for investments in the area for another 10 years after its privileges expire on Dec 31, 2015.
Covering 902.44ha, Medini was conceptualised in 2007 to cater to property development projects which enjoy, among others, zero restrictions on foreign ownership, a RM1mil threshold for foreign property buyers and the real property gains tax (RPGT).
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