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.

Property Type
Integrated Office, Residential & Retail
Land Tenure
Leasehold
Built-up
521 sf - 1,115 sf (Apartment)
250 sf - 2,000 sf (Retail)
452 sf - 893 sf (SOHO)
Market Price
RM380,000 - RM950,000 (Apartment)
RM250,000 - RM420,000 (SOHO)
Density
756 Apartments
Completed In
2017
Launch Price
RM700 psf (Apartment)
RM1,000 psf (Retail)
RM660 psf (SOHO)

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:

Apartment Layouts

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.

Retail Layouts

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.

SOHO Layouts

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:

DateTypeBuilt-upPrice
TodayApartment948 sfRM262,500
TodayCondominium661 sfRM262,500
21 Oct 2020Studio661 sfRM262,500
15 Oct 2020Studio400 sfRM280,000
12 Oct 2020Condominium520 sfRM349,000
2 Oct 2020Condominium893 sfRM410,000
29 Sep 2020Condominium711 sfRM420,000
28 Sep 2020Apartment948 sfRM291,600
26 Sep 2020Condominium948 sfRM291,600
22 Sep 2020Condominium521 sfRM330,000

Latest The Meridin for rent listings:

DateTypeBuilt-upRental
TodayCondominium950 sfRM1,500
13 Oct 2020Studio448 sfRM1,000
12 Oct 2020Condominium560 sfRM1,000
12 Oct 2020Condominium1,064 sfRM1,400
12 Oct 2020Studio520 sfRM1,300
12 Oct 2020Condominium520 sfRM1,200
12 Oct 2020Condominium1,064 sfRM1,550
11 Oct 2020Condominium670 sfRM1,000
11 Oct 2020Condominium986 sfRM1,800
10 Oct 2020Condominium600 sfRM900
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