Meridin Bayvue, Taman Sierra Perdana

Meridin Bayvue (also known as Pangsapuri Sierra Meridin) is a freehold mixed apartment & retail development located in Taman Sierra Perdana, Masai. It comprises Covil By The Sea and The Caspian. There are 1,176 apartment units and 93 retail units available at this project with built-up from 980 sf to 1,366 sf for apartment units. It was developed by Mah Sing Group Bhd with a launch price at about RM360 psf for apartment units, and was completed in around 2018.

Mah Sing Group Bhd is a very large-scale property developer listed on Bursa Malaysia, and it has built about 75 property 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.

Property Type
Mixed Apartment & Retail
Land Tenure
Freehold
Built-up
980 sf - 1,366 sf (Apartment)
Market Price
RM390,000 - RM400,000 (Apartment)
Density
1,176 Apartments & 93 Retail Units
Completed In
2018
Launch Price
RM360 psf (Apartment)

This mixed apartment & retail development is not very ideal for own stay or investment, as it has no amenities around.

The current market prices for Meridin Bayvue are from RM390,000 to RM400,000 (about RM400 psf) for apartment units; while the monthly rentals are from RM1,400 (about RM1.43 psf) for apartment units. The highest median price psf ever recorded was RM403 psf in Q2 2019 (Apartment); while the lowest one was RM360 psf in Q1 2016 (Apartment).

The current rental yield of Meridin Bayvue is 4.25% for apartment units. The highest rental yield ever recorded was 4.55% in Q1 2019 (Apartment); while the lowest one was 4.25% in Q2 2019 (Apartment). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at Meridin Bayvue for apartment units is 3-bedroom / 980 sf with a median price of RM400 psf. For price wise, the most expensive one is 3-bedroom / 980 sf with a median price of RM400 psf; while the cheapest one is 3-bedroom / 1,366 sf with a median price of RM290 psf.

Latest Meridin Bayvue for sale listings:

DateTypeBuilt-upPrice
13-Jun-19Condominium980 sfRM530,000
30-May-19Condominium980 sfRM324,000
29-May-19Low-Cost Flat980 sfRM430,000
28-May-19Condominium980 sfRM350,000
24-May-19Condominium980 sfRM324,000
24-May-19Condominium980 sfRM324,000
26-Apr-19Condominium980 sfRM388,000
26-Apr-19Condominium1,366 sfRM398,800
27-Mar-19Low-Cost Flat980 sfRM428,000
25-Mar-19Condominium980 sfRM375,000

Latest Meridin Bayvue for rent listings:

DateTypeBuilt-upRental
15-Jun-19Low-Cost Flat950 sfRM1,100
14-Jun-19Condominium1,248 sfRM1,500
14-Jun-19Low-Cost Flat980 sfRM1,600
14-Jun-19Low-Cost Flat1,100 sfRM1,500
13-Jun-19Condominium1,100 sfRM1,600
08-Jun-19Condominium1,200 sfRM1,600
08-Jun-19Condominium980 sfRM1,500
08-Jun-19Low-Cost Flat1,088 sfRM1,500
08-Jun-19Condominium980 sfRM1,500
08-Jun-19Condominium980 sfRM1,600