Iskandar Puteri, Johor 79250

Service Suite for Sale | High Floor | Near LEGOLAND | Medini Iskandar | Strong Airbnb Income Potential

📍 Location: Block B, Meridian 2, Jalan Legoland, Bandar Medini Iskandar, Iskandar Puteri

Asking Price: RM470,000
Built-up: 885 sq ft
Tenure: Leasehold (129 years remaining | expiring 25-06-2142)
Type: Service Suite (Serviced Residence)
Layout: 2 Bedrooms | 1 Bathroom

High-Return Investment Opportunity (Airbnb-Friendly Location)

This unit is located in Medini Iskandar, one of Johor’s strongest short-term rental and tourism demand zones, driven by LEGOLAND and surrounding international developments.

✔ High-floor unit (32nd floor) with open views
✔ Modern service suite layout – highly rentable format
✔ Strong demand from tourists, expats & business travellers
✔ Suitable for Airbnb / short-term stay (subject to building rules)
✔ Also suitable for long-term rental strategy

Investment Highlights (ROI-Focused)

Entry price: RM470,000 (low capital entry)
Strong rental demand from LEGOLAND tourism zone

Potential dual strategy:

Short-term rental (Airbnb style stays)
Long-term tenancy (stable passive income)

✔ Estimated rental range in Medini serviced suites:
Long-term: ~RM1,800 – RM2,500/month
Short-term (Airbnb peak periods): higher upside potential

Location Advantages

✔ Strategic Medini integrated township
✔ Easy access to Johor Bahru city centre
✔ Near Nusajaya business and government hub
✔ Surrounded by international schools & commercial zones
✔ Future growth corridor under Iskandar development region

Nearby Amenities

✔ LEGOLAND Malaysia Resort (major tourist attraction)
✔ Medini Mall & retail developments nearby
✔ Restaurants, cafés & convenience stores
✔ Hospitals & medical centres within short drive
✔ Business parks and expat residential communities

📞 Contact for Viewing & Enquiries

Call KS Low @ 014-392 7231

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Welcome Co-Agency | Owners Welcome to List

KS Low (Kevin Low)
REN 03616
PropNex Realty Sdn Bhd
📱 Mobile: 014-392 7231