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 447 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 83 real estate projects in Malaysia. Other similar projects by the same developer are Garden Plaza, Garden Residence, Icon City, Kinrara Residence, 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 4.11% for apartment units. The highest rental yield ever recorded was 8.0% in Q4 2019 (Apartment); while the lowest one was 3.04% in Q4 2017 (Apartment). 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 RM670 psf. For price wise, the most expensive one is 1-bedroom / 661 sf with a median price of RM770 psf; while the cheapest one is 3-bedroom / 1,115 sf with a median price of RM430 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 Studio / 447 sf with a median rental of RM2.46 psf. For rental wise, the most expensive one is Studio / 447 sf with a median rental of RM2.46 psf; while the cheapest one is Studio / 447 sf with a median rental of RM2.46 psf.
Latest The Meridin for sale listings:
Latest The Meridin for rent listings: