Zhuoyuan is one of the largest developer in Medini, Iskandar Puteri, Johor – the new urban metropolis and future icon for Iskandar Malaysia. Zhuoyuan is the first of the most China-related developer in Johor.
Zhuoyuan is backed by Zhuoda Group in China – one of the China’s top ten township developers. In 2012, Zhuoyuan ventured in Medini because of its geo-strategic advantages alongside numerous capital appreciation. With striving objective to continuously evolve, and recognise the crucial importance in building futures, Zhuoyuan is passionate in luxurious yet affordable condominium projects in Medini.
Paradiso Medini, first prestigious project in Malaysia, which joint venture under the name of Zhuoyuan Iskandar Sdn Bhd with Medini Iskandar Malaysia Sdn Bhd. The project will be developed in 3 phases, with the joint venture company taking on the 16 acre Phase 1 & 2 estimated to be completed in seven years. Phase 3 with an estimated gross development value of RM1.5 billion will be developed solely by Zhuoyuan.
Zhuoda Group was established in July 1993, with total assets of RMB50 billion (RM25 billion) and net assets of RMB42 billion (RM21 billion). The Group’s core business is in Real Estate Development with presence in Hebei, Beijing, Tianjin, Shandong, Inner Mongolia, Hainan and Malaysia.
With a staff strength of about 15,000, the Group’s operations span across Building Material Manufacturing, Port Development, Township Development, Industrial Park Development, Modern Commerce, Exhibitions and Conventions, Education, Hotel, Food & Beverage and Property Management.
Zhuoda Group has been awarded China’s Top 10 township developer, China’s Top 30 Developer Enterprise Brands and more than 50 awards within China.
Zhuoyuan Iskandar Sdn Bhd is a joint venture company backed by China’s Zhuoda Group and Medini Iskandar Malaysia Sdn Bhd. The joint venture company will be undertaking high end residential development in Medini, Iskandar Puteri, Johor, with estimated Gross Development Value of RM2.6 billion.
Paradiso Medini is a world-class luxury development in a new and emerging green metropolis right in the heart of Medini. Paradiso Nuova had won the highly acclaimed “The Outstanding Achievement - Affordable, Luxurious, and Livable Environment” by the Malaysian Property Press Awards 2015. With an unparalleled track record, Zhuoyuan is committed to the best with a vision of success, steeped in quality, beauty, being the new and extraordinary without comparison or equal.
Medini Iskandar Malaysia Sdn Bhd (“MIMSB”) owned by Jasmine Acres Sdn Bhd (60%), United World Infrastructure (20%) and Mitsui & Co Ltd (20%), is the master developer of the new metropolis Medini – a vibrant and developing sustainable city located in Iskandar Malaysia, Johor. MIMSB promotes Medini locally and globally, and works closely with government linked companies and agencies such as Khazanah Nasional Berhad, the Iskandar Regional Development Authority (IRDA) and Iskandar Investment Berhad as well as investors and developers to establish Medini as the central business district of Iskandar Puteri, Iskandar Malaysia.