Paradiso Nuova, Medini

Paradiso Nuova is a leasehold apartment located in Medini, Nusajaya. There are 382 units available at this project with built-up from 696 sf to 1,475 sf. It was developed by Zhuoyuan Iskandar Sdn Bhd with a launch price of about RM850 psf, and was completed around 2016. Zhuoyuan Iskandar Sdn Bhd is a small-scale property development company held privately, and it has developed only this project in Malaysia.

Property Type
Apartment
Land Tenure
Leasehold
Built-up
696 sf - 1,475 sf
Market Price
RM500,000 - RM1,640,000
Density
382 Units
Completed In
2016
Launch Price
About RM850 psf

This apartment has some amenities nearby, i.e. hospitals and schools.

The current market prices for Paradiso Nuova are from RM500,000 to RM1,640,000 (about RM1,030 psf); while the monthly rentals are from RM1,500 to RM2,900 (about RM2.16 psf). The highest median price psf ever recorded was RM1,085 psf in Q3 2019; while the lowest one was RM850 psf in Q3 2013.

The current rental yield of Paradiso Nuova is around 1.7%, compared to 2.42% a year ago in Q2 2018. The highest rental yield ever recorded was 3.4% in Q1 2019; while the lowest one was 1.7% in Q2 2019. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Paradiso Nuova is 1-bedroom / 696 sf with a median price of RM1,030 psf. For price wise, the most expensive one is 3-bedroom / 1,475 sf with a median price of RM1,110 psf; while the cheapest one is 2-bedroom / 696 sf with a median price of RM720 psf.

Latest Paradiso Nuova for sale listings:

DateTypeBuilt-upPrice
06-Jul-19Condominium945 sfRM486,000
06-Jul-19Condominium945 sfRM540,000
14-May-19Condominium945 sfRM600,000
04-May-19Condominium696 sfRM399,000
01-Mar-19Condominium1,123 sfRM708,000
08-Feb-19Condominium696 sfRM500,000
07-Feb-19Condominium696 sfRM600,000
17-Nov-18Condominium696 sfRM500,000

Latest Paradiso Nuova for rent listings:

DateTypeBuilt-upRental
02-Jul-19Condominium696 sfRM1,500
02-Jul-19Condominium1,123 sfRM3,000
08-Jun-19Condominium697 sfRM1,350
07-Jun-19Condominium740 sfRM1,400
07-Jun-19Condominium696 sfRM1,500
07-Jun-19Condominium967 sfRM2,200
15-May-19Condominium696 sfRM1,600
15-May-19Condominium-NA-RM1,650
05-May-19Low-Cost Flat1,500 sfRM1,800
26-Apr-19Condominium1,123 sfRM2,300

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