Tot it has already surpassed rm1k psf oredi since some good units at pinetree n last few units at encorp. Tink its between 1.2 to 1.3k psf
Tot it has already surpassed rm1k psf oredi since some good units at pinetree n last few units at encorp. Tink its between 1.2 to 1.3k psf
Hi all,
Anybody heard how the Meridin Medini ballot went last WE in JB? Just curious how the recent demand is doing around puteri and medini/lego...
Cheers,
Jordane
price seems to range fr min 387K to max 975K
for built up area fr 521sf to 1643sf
thats cheap
Why do you say it is cheap ?
Take note that it is leasehold (99 years).
Can't compare.. as encorp & teega is freehold..i am comparing it with puteri harbour's condo like encorp or even teega.
Can't compare.. as encorp & teega is freehold..
For me, I would still prefer to pay more for freehold one..
teega and encorp not only freehold but waterfront ppties. Medini cannot compare...
Hi all,
Anybody heard how the Meridin Medini ballot went last WE in JB? Just curious how the recent demand is doing around puteri and medini/lego...
Cheers,
Jordane
i am comparing it with puteri harbour's condo like encorp or even teega.
Most Teega suites (after 10 or12% discount) are cheaper than meridian ..
Prices across iskandar has gone up quite a lot these few months..
Meridin Medini was priced 650 to 800psf from what I read (for first tower)
Teega was priced about 720 to 920psf from what I remember (for the two first tower)
Discounts were about the same on launch date
I guess quality and layout is about the same in both cases
Apparently, Meridin was fully take up over the WE
-> Considering all this, Teega would have been only sold at a 12% premium compare to Meridin
So, the real question is what % premium should be Teega over Meridin ?
That's leasehold and a bit remote, compare to freehold, walking distance to CIQ/Ferry, Marina/Traders hotel surroundings.
So what premium do you think is fair? 20%, 30%, 40%?
Cheers
It is not the 12% premium low but I would think the Medini premium to the developer is high.
Last time I went to check out the 1 Medini before Medini was hot and I did not want to buy as I find the standard of finishing still very much JB's standard for a condo selling to foreigners.
If the premium is high because the developer is providing marble flooring and fully fitted, then nothing to say. Else this looks more like the developer is maximising their profit and factoring the price appreciation in 3-4 years time.
So much lands still for many more projects in Medini, not wise to chase up the prices.
UEM finally cashed my deposit cheque for Teega!
I had sent an email to my agent Monday asking about the status of the site but no reply yet.
Anyone been by Teega site lately with anything to report. It was estimated the first payment would be due in June which is fast approaching so just curious about the progress.
