As property prices continue to rise, it becomes increasingly difficult for many Malaysians to acquire land at an affordable price. The rapid urbanisation of cities has led to increased housing demand, and the supply of quality properties has been unable to keep pace.
Due to limited land availability, high-rise apartments and condominiums have become prevalent in urban areas such as Kuala Lumpur and Johor Bahru, where they have become the norm. For many Malaysians, however, land ownership remains a pipe dream.
Despite this challenging environment, there are still opportunities to acquire land at an affordable price. The fact that some developers now in Johor Bahru offer landed properties for less than RM500,000 is a relief for those seeking to invest in their dream homes.
The southern Malaysian city of Johor Bahru is becoming an increasingly popular destination for investors and homeowners. The city’s rapid growth and development have created an attractive property market, particularly for those seeking to own a landed house. The following are the numerous benefits of owning a landed house in Johor Bahru.
The demand for affordable landed properties in Johor Bahru is growing, making it a seller’s market. With favourable economic conditions and interest rates, now is an ideal time to purchase a landed property in Johor Bahru. Additionally, the Malaysian government has introduced the incentives, Budget 2023 that offers the full stamp duty exemption for first-time home buyers until 2025 to stimulate the property market.
First-time homebuyers can enjoy full exemption of stamp duty for houses worth RM500,000 and below until 2025, while those purchasing homes between RM500,000 and RM1 million can receive a 75% exemption until 31 December 2023.
If you are thinking about purchasing a landed property in Johor Bahru, the answer is heavily influenced by your circumstances and goals. Yet, if you’re seeking a limited-edition guarded community that offers a modern and minimalist lifestyle, the Meridin East development could be a good fit.
This neighbourhood is intended to create a peaceful and comfortable living environment for families of all ages.
Meridin East is a master-planned, freehold development located in the southern economic and development corridor of Eastern Gateway. It provides a new and innovative township that incorporates nature, modern architecture, and a variety of amenities.
The development encompasses over 1,313 acres and includes various Johor landed properties for sale. Meridin East comes with a range of spacious residential homes priced below RM500k, while maintaining a balance between the urban and natural environment.
A highlight of Meridin East housing project is its flourishing lakeside landscape, which provides residents with an idyllic setting to call home. The township’s modern architecture and design create a forward-thinking neighbourhood, instilling a sense of tranquillity in those seeking to settle down.
The community has various amenities, including landscaped gardens, parks, playgrounds with jogging space, and bicycle lanes, providing residents ample leisure and recreational opportunities. It is a worthwhile investment for those searching for a balance between modern living and natural tranquilly.
Finding your dream home is no longer a distant dream. The growing demand for affordable landed property for sale in Johor Bahru and its many benefits make it ideal for those looking for a comfortable and affordable place to call home.
With the desirable location, peaceful surroundings, and extensive amenities, Meridin East offers a great living experience.
The development features a range of 2-storey terrace and link houses, including:
Whether you are a first-time homebuyer, family, married couple, or young professional, our team is ready to answer any questions you may have about these properties. Contact us today to schedule a viewing and discover your dream home at Meridin East.
