Property Review

Meridin Bayvue

Powered by verified data + DOSM

Generated 29 July 2026

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Executive Summary

Developer

UEM Sunrise

Location

Iskandar Puteri, Johor

Type

Condominium

Price

RM388k – RM680k

Tenure

Leasehold

Completion

NewProjek Verdict

  • **Pricing and Value**: Entry price of RM388,000 is competitive for the Iskandar Puteri market, offering reasonable value for first-time buyers and investors seeking affordable urban units, though long-term appreciation depends on broader regional development.
  • **Location and Connectivity**: Strategic positioning in Iskandar Puteri with proximity to the upcoming Medini LRT station provides strong future connectivity benefits; however, current public transport reliance remains limited until the station becomes operational.
  • **Risk and Timing**: Absence of a specified completion date presents execution risk and potential delays; investment viability hinges on UEM Sunrise's track record and the timeline for Medini LRT opening, which will materially impact rental yields and resale demand.

NewProjek Score

7.8

Worth Considering

  • Developer verification status not confirmed
  • Leasehold tenure — check remaining lease years
  • Priced in line with area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM388,000
Johor MedianRM380,000
Priced 2% above area median

Johor — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM350,000
2022RM358,000+2.3%
2023RM365,000+2.0%
2024RM372,000+1.9%
2025RM380,000+2.2%
Investment Analysis

Est. Monthly Rental

RM1,500–2,000

Based on similar properties in Johor

Gross Rental Yield

5.0%–6.0%

Annual rental / property price

Area Price Trend

+8.6%

Verified data 2021–2025

Price-to-Income

4.2x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
RM7,000RM1.0 milYes
RM10,000RM1.5 milYes
RM15,000RM2.3 milYes
RM20,000RM3.2 milYes

Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin

Area Profile

DOSM income data for Johor

Median Household Income

RM7,712/mo

DOSM 2024

Mean Household Income

RM9,484/mo

DOSM 2024

Households Above RM8k

~43%

Estimated for Johor

Comparable Projects

Similar projects in Johor

ProjectLocationPrice FromStatus
Eco Tropics

Eco World Development

IskandarRM279kUnder Construction
D'Putra SuitesKulaiRM322kCompleted
Harmoni Permai @ Bandar Universiti PagohMuarRM349kNew Launch
Why Consider + Risk Factors

Why Consider

  • Strategic Iskandar Puteri location with strong economic growth potential
  • Upcoming Medini LRT station provides excellent future connectivity
  • Competitive pricing range for modern condominium living
  • UEM Sunrise reputation ensures quality construction and management
  • High rental demand area supports solid investment returns

Risk Factors

  • Leasehold tenure may depreciate faster than freehold

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Disclaimer: This report is generated using publicly available data from the government, DOSM, and developer disclosures. Rental estimates, yield projections, and risk assessments are indicative only and do not constitute financial advice. Market conditions may change. Consult a licensed property valuer or financial advisor before making investment decisions. NewProjek is not responsible for any decisions made based on this report.