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 condominium units available at this project 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 about 2017.
Mah Sing Group Bhd is a huge real estate company listed on KLSE, and it has undertaken around 87 real estate projects in Malaysia. Other similar projects by the same developer are Garden Plaza, Garden Residence, Icon City, Lakeville Residence, Meridin East, Savanna, Southbay, Southville City, Taman Damai Utama and Taman Sierra Perdana.
The only amenities nearby this integrated office, residential & retail hub are some schools. Several of the schools here are Boating School and Sunway International School.
The current rental yield of The Meridin is 3.14% for condominium units and 3.46% for SOHO units. The highest rental yield ever recorded was 5.88% in Q4 2019 (condominium) and 5.22% in Q2 2020 (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 RM670 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 RM440 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 RM480 psf. For price wise, the most expensive one is 525 sf with a median price of RM480 psf; while the cheapest one is 525 sf with a median price of RM480 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 RM580 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 Sep 2022||Commercial||646 sf||RM370,000|
|29 Aug 2022||Condominium||516 sf||RM256,000|
|29 Aug 2022||Condominium||807 sf||RM310,000|
|31 Jul 2022||Condominium||807 sf||RM344,000|
|31 Jul 2022||Condominium||516 sf||RM284,000|
|31 Jul 2022||Apartment||829 sf||RM219,000|
|4 Jun 2022||Condominium||829 sf||RM243,000|
|30 May 2022||Condominium||516 sf||RM315,000|
|30 May 2022||Condominium||807 sf||RM382,000|
Latest The Meridin for rent listings:
|21 Sep 2022||Condominium||452 sf||RM1,200|
|24 Aug 2022||Condominium||600 sf||RM1,000|
|8 Aug 2022||Condominium||512 sf||RM1,000|
|10 Aug 2022||Condominium||888 sf||RM1,900|
|14 Feb 2022||Condominium||-NA-||RM1,350|
|14 Feb 2022||Condominium||-NA-||RM1,000|
|14 Feb 2022||Condominium||550 sf||RM1,000|
|23 Jan 2022||Low-Cost Flat||1,400 sf||RM750|
|23 Jan 2022||Condominium||1,053 sf||RM1,800|