• Medi Park Royal Altınova: Keys to the project’s apartments have been handed over. The project is in the process of obtaining occupancy permits.

  • Park Royal Göksu: Block A has rough plastering; Block B is being brick-laid; Block C is on the top floor; Block D is under construction.

  • Medi Dream Island Ayanoğlu: The exterior walls of Block A have been built; plastering and interior wall plastering, as well as plumbing work, are ongoing. Block B is taking shape on the 3rd floor.

  • Medi Legend Hurma: The exterior walls have been built. The roof is complete. Fine plastering and special exterior ceramic tile work are underway. Interior plumbing work is continuing.

  • Medi Gold: Permit Obtained, Groundbreaking Underway

  • Medi Hekimevi Altınova: Preliminary approval for the architectural design has been obtained. Mechanical and electrical approvals have been completed. The project is in the permit application stage.

  • Medi Mall +: Architectural preliminary approval is pending. Other projects are under review.

  • Medi Hills: The land has been purchased. A construction contract in exchange for a share of the property was signed with the construction company at a notary’s office. The architectural design is being prepared.

ANNOUNCEMENTS

ANNOUNCEMENTS ⁎

  • Dear Investors and Business Partners,

We would like to thank you for the trust, cooperation, and support you have shown in the projects we have carried out together to date.

At Medi Group, our top priority is to preserve the value of your investments, complete our projects in accordance with the promised standards and the planned timeline, and create sustainable value for our investors.

In this regard, we would like to share an important point regarding price stability and accurate pricing, which are of particular importance in our projects currently under construction.

  • Why Is Price Stability Important During the Construction Process?

In real estate projects, the construction phase is one of the stages where financial balances and cash flow are most sensitive.

From time to time, we observe that individual units owned by our investors are listed at prices significantly below the project’s official list prices and current market values.

While these pricing strategies—which may be chosen to drive quick sales—may appear to be individual sales decisions, over time they can have negative effects on the project’s sales balance, progress, brand value, and the asset value of all investors.

Possible Effects of Low-Priced Listings

  • 1. Impact on Project Sales and Cash Flow
    Sales of individual units in the company’s own portfolio play a significant role in the financial sustainability of projects currently under construction. Listings priced below market value can compete with the project’s current sales prices, thereby negatively impacting the company’s sales and the resulting cash flow.

  • 2. Risk of a Slowdown in the Construction Process
    Any disruptions in sales and cash flow could complicate the project’s financial planning. This situation could lead to a slowdown in construction, delays in planned processes, and negative impacts on the delivery schedule.

  • 3. Damage to the project’s and brand’s value
    The presence of a large number of listings for a project currently under construction that are priced significantly below market value may create a false or negative perception of the project among potential buyers. This situation could negatively impact the project’s prestige and market position.

  • 4. Downward Impact on Comparable Values
    Low price levels observed on listing platforms may, over time, come to be regarded as a new reference point for the market. As a result, the market value of all units in the project—not just those being sold—may be affected.

  • Let’s Protect Our Shared Values Together

We are all part of the same project and the same value chain. Ensuring that our projects progress smoothly and that our real estate properties realize their true investment potential requires a robust construction process, proper pricing, and the collective maintenance of price stability in the market.

For this reason, particularly when planning sales for our Medi Dream Island project, we strongly request that the project’s official list prices, current market rates in the region, and Medi Dream Island’s prime location within the Antalya real estate market be evaluated together.

We believe that as long as we work together to maintain price stability, we will be able to better safeguard the value of our projects and the shared gains of our investors in the long term.

Thank you for your understanding, cooperation, and trust in Medi Group.