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.
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:
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:
|29-May-19||Low-Cost Flat||980 sf||RM430,000|
|27-Mar-19||Low-Cost Flat||980 sf||RM428,000|
Latest Meridin Bayvue for rent listings:
|15-Jun-19||Low-Cost Flat||950 sf||RM1,100|
|14-Jun-19||Low-Cost Flat||980 sf||RM1,600|
|14-Jun-19||Low-Cost Flat||1,100 sf||RM1,500|
|08-Jun-19||Low-Cost Flat||1,088 sf||RM1,500|