Meridin @ Medini
Powered by verified data + DOSM
Generated 15 July 2026
Developer
Mah Sing Group
Location
Iskandar Puteri, Johor
Type
Condominium/Apartment
Price
RM379k+
Tenure
Freehold
Completion
2017
NewProjek Verdict
- •**Pricing & Value**: Entry price of RM379,000 is competitive for a freehold condominium in Iskandar Puteri, offering reasonable value for first-time buyers and investors seeking affordable urban residential units in the southern corridor.
- •**Location & Connectivity**: Iskandar Puteri's strategic location benefits from highway proximity and planned infrastructure development, though the absence of nearby MRT connectivity currently limits public transport options and may affect long-term accessibility compared to Klang Valley projects.
- •**Risk & Timing**: The lack of specified completion date presents execution uncertainty; buyers should seek clarification from Mah Sing Group on delivery timelines, as delays could impact investment returns and rental yield viability during the development cycle.
NewProjek Score
8.7
Strong Buy Signal
- • Verified developer with established track record
- • Freehold tenure provides long-term ownership security
- • Priced in line with area median
Is this project priced fairly?
Johor — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM350,000 | — |
| 2022 | RM358,000 | +2.3% |
| 2023 | RM365,000 | +2.0% |
| 2024 | RM372,000 | +1.9% |
| 2025 | RM380,000 | +2.2% |
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
4.1x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| RM7,000 | RM1.0 mil | Yes |
| RM10,000 | RM1.5 mil | Yes |
| RM15,000 | RM2.3 mil | Yes |
| RM20,000 | RM3.2 mil | Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
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
Similar projects in Johor
| Project | Location | Price From | Status |
|---|---|---|---|
| Eco Tropics Eco World Development | Iskandar | RM279k | Under Construction |
| D'Putra Suites | Kulai | RM322k | Completed |
| Harmoni Permai @ Bandar Universiti Pagoh | Muar | RM349k | New Launch |
Why Consider
- • Iskandar Puteri growth corridor with strong economic potential
- • Freehold tenure ensures long-term property ownership security
- • Reputable Mah Sing Group developer with track record
- • Affordable entry price for quality condominium investment
- • Strategic location near major employment and commercial hubs
Risk Factors
- • Under construction — completion delays are possible
- • No MRT/LRT station listed nearby — may affect future demand
Sign in to view full review
Free forever. Get rental yield, loan eligibility, comparable projects and risk assessment.
Google sign-in or magic link • No password needed
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.