Property Review

Meridin Bayvue

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

UEM Sunrise

Location

Iskandar Puteri, Johor

Type

Condominium

Price

RM388k – RM680k

Tenure

Leasehold

Completion

NewProjek Verdict

  • **Value & Pricing**: RM388,000 entry price is competitive for the Iskandar Puteri market; however, buyers should verify actual built-up rates and compare against completed projects nearby, as pricing appears moderate for leasehold tenure without clear unit size specifications.
  • **Location & Connectivity**: Strategic positioning near the upcoming Medini LRT station provides strong future connectivity to central Johor Bahru and the greater Klang Valley; current accessibility depends on interim transport options, with the project benefiting from Iskandar Puteri's ongoing commercial and residential development ecosystem.
  • **Risk & Timing**: Primary concern is the unspecified completion timeline, which creates uncertainty for investors seeking rental yields or owner-occupancy; market absorption risk exists given Iskandar Puteri's competitive supply, though proximity to LRT completion may accelerate demand upon opening.

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

4.7x

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

RM6,879/mo

DOSM 2022

Mean Household Income

RM8,517/mo

DOSM 2022

Households Above RM8k

~39%

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

  • Iskandar Puteri prime location near Medini LRT station
  • UEM Sunrise reputable developer with proven track record
  • Affordable pricing range RM388k-RM680k for quality condominium
  • Excellent connectivity to Kuala Lumpur via highway
  • Strong investment potential in growing Johor economic zone

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.