Ascott has been awarded a contract to manage its second serviced residence in Iskandar Malaysia.

The 310-unit Somerset Medini Iskandar will be Singapore-based Ascott’s largest property in Malaysia when it opens in end 2015.

Somerset Medini Iskandar is part of an ‘Urban Wellness’ integrated development by Pulau Indah Ventures, a joint venture between Khazanah.

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