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 1,064 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 85 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 - 1,064 sf (Apartment)
250 sf - 2,000 sf (Retail)
452 sf - 893 sf (SOHO)
Market Price
RM380,000 - RM510,000 (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 3.92% 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 1-bedroom / 521 sf with a median price of RM730 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
17 Jan 2021Studio341 sfRM238,000
16 Jan 2021Condominium711 sfRM380,000
16 Jan 2021Condominium900 sfRM506,000
13 Jan 2021Studio448 sfRM260,000
7 Jan 2021Condominium968 sfRM581,000
7 Jan 2021Studio400 sfRM200,000
6 Jan 2021Condominium907 sfRM506,000
30 Dec 2020Studio448 sfRM260,000
28 Dec 2020Condominium-NA-RM380,000
27 Dec 2020Condominium521 sfRM380,000

Latest The Meridin for rent listings:

DateTypeBuilt-upRental
YesterdayCondominium452 sfRM900
19 Jan 2021Condominium1,064 sfRM1,300
19 Jan 2021Condominium968 sfRM1,700
19 Jan 2021Condominium480 sfRM800
19 Jan 2021Condominium800 sfRM1,800
19 Jan 2021Studio657 sfRM900
19 Jan 2021Condominium500 sfRM900
19 Jan 2021Studio490 sfRM800
19 Jan 2021Condominium600 sfRM850
17 Jan 2021Condominium600 sfRM800
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