IIB is the registered proprietor of approximately 2300 acres of land in Medini which is developed under the Medini Lease Scheme. Under the Medini Lease Scheme, leases are granted by IIB to third parties known as Master Concessionaires Lease Developer (MCLD) or Subsequent Layer Investor (SLI) or Joint Venture Companies. They in turn may develop the land and sell the leases to end purchasers for certain consideration. The maximum duration of the lease to be granted by IIB as the freehold landowner is for a maximum term of 99 years with an option to extend the lease for another 30 years.

Related Documents : 

• Covid-19 Act 2020 (Act 829)
• Guidelines for Submission of Online Application (MCO & Post MCO 2020)
• Checklist for application of Certificate of Notification
• Guideline for Property Ownership in Medini Area 2014
• Policies and Guidelines on Extension of Leases over lands within Medini ( 4 Feb 2014) – updated
• Prosedur Pendaftaran Pajakan keatas Hak Milik Srata di Medini
• Information Checklist for Registration of Lease on Strata Titles as at 17.12.2019
• List of End Purchaser – to be filled up by Developer
• LU by Purchaser to IIB (first sale & subsale)
• Guidelines for Issuance of Letter of Consent by IIB