The Meridin, Medini
The Meridin is a leasehold integrated mall, office & residential hub that is located in Medini, Iskandar Puteri. It consists of Meridin Linx, Meridin Suites and Meridin Walk.
There are 756 condominium units available at this property with built-up from 341 sf to 1,279 sf for condominium units, 525 sf for retail units and 334 sf to 1,279 sf for SOHO units. It was developed by Mah Sing Group Bhd with a launch price of around RM700 psf for condominium units, RM1,000 psf for retail units, RM660 psf for SOHO units, and was completed in about 2017.
Mah Sing Group Bhd is a very large real estate company listed on KLSE, and it has undertaken around 88 real estate projects in Malaysia. Other similar projects by the same developer are Garden Plaza, Garden Residence, Icon City, Lakeville Residence, M City, Meridin East, Savanna, Southbay, Taman Damai Utama and Taman Sierra Perdana.
This integrated mall, office & residential hub has some amenities nearby, such as hospitals, schools and universities.
The current rental yield of The Meridin is 5.21% for condominium units and 5.67% for SOHO units. The highest rental yield ever recorded was 5.88% in Q4 2019 (condominium) and 6.78% in Q2 2023 (soho); while the lowest one was 2.36% in Q1 2022 (condominium) and 3.46% in Q3 2021 (soho). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at The Meridin for condominium units is 1-bedroom / 521 sf with a median price of RM550 psf. For price wise, the most expensive one is 3-bedroom / 1,279 sf with a median price of RM710 psf; while the cheapest one is 2-bedroom / 986 sf with a median price of RM390 psf.
Meanwhile, the most popular layout and size (built-up) combination at the meridin for retail units is 525 sf with a median price of rm390 psf. For price wise, the most expensive one is 525 sf with a median price of RM390 psf; while the cheapest one is 525 sf with a median price of RM390 psf.
Lastly, the most popular layout and size (built-up) combination at the meridin for soho units is studio / 448 sf with a median price of rm590 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 sale listings:
Date | Property Type | Built-up | Price |
---|---|---|---|
23 Mar 2024 | Condominium | 972 sf | RM450,000 |
7 Mar 2024 | Studio | 397 sf | RM268,000 |
27 Feb 2024 | Condominium | 521 sf | RM388,000 |
21 Feb 2024 | Studio | 448 sf | RM250,000 |
21 Feb 2024 | Condominium | 448 sf | RM250,000 |
21 Feb 2024 | Condominium | 995 sf | RM250,000 |
13 Feb 2024 | Apartment | 646 sf | RM429,300 |
25 Jan 2024 | Condominium | 448 sf | RM280,000 |
13 Jan 2024 | Condominium | 520 sf | RM350,000 |
12 Jan 2024 | Condominium | 3,229 sf | RM984,200 |
Latest The Meridin rental listings:
Date | Property Type | Built-up | Rental |
---|---|---|---|
23 Mar 2024 | Condominium | 972 sf | RM2,000 |
12 Mar 2024 | Condominium | 600 sf | RM1,500 |
12 Mar 2024 | Condominium | 600 sf | RM1,500 |
12 Mar 2024 | Condominium | 875 sf | RM1,900 |
12 Mar 2024 | Condominium | 521 sf | RM1,500 |
12 Mar 2024 | Condominium | 567 sf | RM1,500 |
12 Mar 2024 | Condominium | 520 sf | RM1,500 |
10 Mar 2024 | Condominium | 500 sf | RM1,500 |
9 Mar 2024 | Condominium | 620 sf | RM1,400 |
9 Mar 2024 | Condominium | 620 sf | RM1,400 |