Buyers ballot for units in Iskandar's Afiniti condo

Buyers ballot for units in Iskandar's Afiniti condo

The much-anticipated balloting exercise for Afiniti Residences, a condominium project in Iskandar Malaysia, got off to a positive start on Saturday.

Earlier, 1,570 people had registered their interest online for the 147 units available. Around 200 interested buyers showed up with their family and friends by 11am on Saturday for the first round of balloting.

The 129-year leasehold condo next to Legoland in Nusajaya is being developed by Pulau Indah Ventures (PIV), a joint-venture firm between Temasek Holdings and Khazanah Nasional.

The 21-storey condo with a greenery theme is part of the upcoming Afiniti Medini development.

Aside from the residential element, there will also be a wellness centre, a 33-storey Somerset Medini Iskandar serviced apartment, a corporate training centre and a retail component.

The crowd who turned up for the balloting exercise at the Traders Hotel at Puteri Harbour in Iskandar included Malaysians and Singaporeans.

They were vying for 88 out of 147 units. The remaining 59 units are being set aside for stakeholders including the developers and their partners, PIV said.

By mid-day after two balloting sessions, more than half of the 88 available units had been snapped up.

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