The Meridin, Medini
The Meridin is a leasehold integrated office, residential & retail hub located in Medini, Nusajaya. It consists of Meridin Linx, Meridin Suites and Meridin Walk. There are 756 apartment units available at this project with built-up from 521 sf to 1,115 sf for apartment units, 250 sf to 2,000 sf for retail units and 452 sf to 893 sf for SOHO units. It was developed by Mah Sing Group Bhd with a launch price of around RM700 psf for apartment units, RM1,000 psf for retail units, RM660 psf for SOHO units, and was completed about 2017.
Mah Sing Group Bhd is a huge real estate company listed on KLSE, and it has undertaken around 84 real estate projects in Malaysia. Other similar projects by the same developer are D'Sara Sentral, Garden Plaza, Garden Residence, Icon City, M City, Savanna, Southbay, Southville City, Taman Damai Utama and Taman Sierra Perdana.
This integrated office, residential & retail hub has some amenities nearby, such as hospitals and schools.
The current rental yield of The Meridin is 2.23% for apartment units and 5.22% for SOHO units. The highest rental yield ever recorded was 8.0% in Q4 2019 (Apartment) and 5.37% in Q1 2020 (SOHO); while the lowest one was 2.23% in Q3 2020 (Apartment) and 5.22% in Q2 2020 (SOHO). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at The Meridin for apartment units is 1-bedroom / 521 sf with a median price of RM730 psf. For price wise, the most expensive one is 3-bedroom / 1,115 sf with a median price of RM850 psf; while the cheapest one is 2-bedroom / 901 sf with a median price of RM420 psf.
Meanwhile, the most popular layout and size combination at The Meridin for retail units is 250 sf with a median rental of RM6.00 psf. For rental wise, the most expensive one is 250 sf with a median rental of RM6.00 psf; while the cheapest one is 2,000 sf with a median rental of RM3.50 psf.
Lastly, the most popular layout and size combination at The Meridin for SOHO units is 2-bedroom / 893 sf with a median price of RM470 psf. For price wise, the most expensive one is 1-bedroom / 521 sf with a median price of RM670 psf; while the cheapest one is 2-bedroom / 893 sf with a median price of RM470 psf.
Latest The Meridin for sale listings:
|21 Oct 2020||Studio||661 sf||RM262,500|
|15 Oct 2020||Studio||400 sf||RM280,000|
|12 Oct 2020||Condominium||520 sf||RM349,000|
|2 Oct 2020||Condominium||893 sf||RM410,000|
|29 Sep 2020||Condominium||711 sf||RM420,000|
|28 Sep 2020||Apartment||948 sf||RM291,600|
|26 Sep 2020||Condominium||948 sf||RM291,600|
|22 Sep 2020||Condominium||521 sf||RM330,000|
Latest The Meridin for rent listings:
|13 Oct 2020||Studio||448 sf||RM1,000|
|12 Oct 2020||Condominium||560 sf||RM1,000|
|12 Oct 2020||Condominium||1,064 sf||RM1,400|
|12 Oct 2020||Studio||520 sf||RM1,300|
|12 Oct 2020||Condominium||520 sf||RM1,200|
|12 Oct 2020||Condominium||1,064 sf||RM1,550|
|11 Oct 2020||Condominium||670 sf||RM1,000|
|11 Oct 2020||Condominium||986 sf||RM1,800|
|10 Oct 2020||Condominium||600 sf||RM900|