Meridin Suites, The Meridin

Meridin Suites (also known as Meridin Residences) is a leasehold apartment located in The Meridin, Medini. There are 756 units available at this project with built-up from 521 sf to 1,115 sf. It was developed by Mah Sing Group Bhd with a launch price of about RM700 psf, and was completed around 2017.

Mah Sing Group Bhd is a very big-scale property developer listed on Bursa Malaysia, and it has developed about 80 property projects in Malaysia. Other similar projects by the same developer are Austin Suites, Cambridge Tower, Ferringhi Residence, Icon Residence, Icon Residenz, M Centura, M Oscar, M Suites, Oxford Tower and The Caspian.

Property Type
Apartment
Land Tenure
Leasehold
Built-up
521 sf - 1,115 sf
Market Price
RM360,000 - RM590,000
Density
756 Units
Completed In
2017
Launch Price
About RM700 psf

This apartment has some amenities nearby, i.e. hospitals and schools.

The current market prices for Meridin Suites are from RM360,000 to RM590,000 (about RM690 psf); while the monthly rentals are from RM1,300 to RM2,000 (about RM2.50 psf). The highest median price psf ever recorded was RM969 psf in Q3 2015; while the lowest one was RM582 psf in Q4 2018.

The current rental yield of Meridin Suites is around 4.0%, compared to 3.2% a year ago in Q1 2018. The highest rental yield ever recorded was 4.8% in Q1 2019; while the lowest one was 3.01% in Q2 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Meridin Suites is 1-bedroom / 521 sf with a median price of RM690 psf. For price wise, the most expensive one is 1-bedroom / 521 sf with a median price of RM690 psf; while the cheapest one is 3-bedroom / 1,115 sf with a median price of RM450 psf.

Latest Meridin Suites for sale listings:

DateTypeBuilt-upPrice
09-Sep-19Studio452 sfRM230,000
27-Aug-19Studio318 sfRM280,000
12-Aug-19Condominium1,001 sfRM455,840
08-Jul-19Condominium893 sfRM478,000
23-Jun-19Condominium711 sfRM380,000
23-Jun-19Condominium893 sfRM478,000
23-Jun-19Studio448 sfRM230,000
23-Jun-19Condominium711 sfRM420,000
23-Jun-19Studio448 sfRM330,000
22-Jun-19Condominium1,064 sfRM520,000

Latest Meridin Suites for rent listings:

DateTypeBuilt-upRental
YesterdayCondominium1,000 sfRM1,600
15-Sep-19Low-Cost Flat521 sfRM1,100
14-Sep-19Low-Cost Flat561 sfRM1,200
29-Aug-19Condominium1,064 sfRM3,000
28-Aug-19Condominium1,064 sfRM2,480
28-Aug-19Condominium1,064 sfRM1,400
28-Aug-19Studio580 sfRM1,250
28-Aug-19Condominium-NA-RM1,300
27-Aug-19Condominium-NA-RM1,300
27-Aug-19Condominium711 sfRM900

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