Meridin @ Medini (Nusajaya)

[xxkiwi]

There have been lots of discussion on Meridin@Medini, one of the earlier project launched in the area and Phase II should be launch soon.
So thought we can have a separate thread for discussion and sharing.

 

[xxkiwi]

Phase I plot and foundation in progress.


Phase II plot where the showroom is.

 

[merida]

There have been lots of discussion on Meridin@Medini, one of the earlier project launched in the area and Phase II should be launch soon.
So thought we can have a separate thread for discussion and sharing.

I just book a unit 2 weeks ago, it's a left over, Tower A, low floor, North East facing. Nut I think the price is good @$670+ psf Nice to see anyone here would mine my future neighbor

 

[nextreal]

I just book a unit 2 weeks ago, it's a left over, Tower A, low floor, North East facing. Nut I think the price is good @$670+ psf Nice to see anyone here would mine my future neighbor

Is this a unit with balcony?

 

[merida]

Is this a unit with balcony?

Nope, next to the balcony unit. I think my mountain view is partially blocked by it But at this price, really can't complaint. They showed me Tower B, slightly higher but smaller 2 bedroom unit, but $70 psf more....so, compromise a little gets me $50k+ savings, mine is 3 bedroom type C btw, exactly the same as the showroom unit, for own stay or for rental would be more practical I suppose

 

[xxkiwi]

That's still a good price at this point I think.

I just book a unit 2 weeks ago, it's a left over, Tower A, low floor, North East facing. Nut I think the price is good @$670+ psf Nice to see anyone here would mine my future neighbor

 

[jasonzq]

wow...finally there is a thread for Meridin.

 

[nextreal]

Nope, next to the balcony unit. I think my mountain view is partially blocked by it But at this price, really can't complaint. They showed me Tower B, slightly higher but smaller 2 bedroom unit, but $70 psf more....so, compromise a little gets me $50k+ savings, mine is 3 bedroom type C btw, exactly the same as the showroom unit, for own stay or for rental would be more practical I suppose

Yes, it is a very good price. Did you subtract the price of the carpark from you're psf calculation? If not, it will be lower still. And Tower B really commands a premium.

Btw, like all other owners, I wish that I can rent out my unit when it TOPs. But be prepared to face a draught of renters given the number of units released vs their demographics. Even if you can rent out, it may likely not cover your installment.

 

[jasonzq]

Yes, it is a very good price. Did you subtract the price of the carpark from you're psf calculation? If not, it will be lower still. And Tower B really commands a premium.

Btw, like all other owners, I wish that I can rent out my unit when it TOPs. But be prepared to face a draught of renters given the number of units released vs their demographics. Even if you can rent out, it may likely not cover your installment.

Ya holding power is. Important, i may use it as holiday home for a few year first then see how the rental market goes in this area.

 

[merida]

Yup, saw my bank's LO, the two parking lot costed me $90k....amazing....didn't know there is such thing since this is first time buying condo

I actually prepared to use it as weekend home, really hate tenant spoil my brand new home....at the end got to spend a bomb to fix it....unless of coz people paying me crazy price :lol:

 

[nextreal]

Yup, saw my bank's LO, the two parking lot costed me $90k....amazing....didn't know there is such thing since this is first time buying condo

I actually prepared to use it as weekend home, really hate tenant spoil my brand new home....at the end got to spend a bomb to fix it....unless of coz people paying me crazy price :lol:

How come RM90k? My 2 lots are "only" RM50k.

You are absolutely right about the part of the tenant bit. Not worth the repair cost if the rent is too low.

 

[xxkiwi]

Isn't two carpark lots be rm50k?

Yup, saw my bank's LO, the two parking lot costed me $90k....amazing....didn't know there is such thing since this is first time buying condo

I actually prepared to use it as weekend home, really hate tenant spoil my brand new home....at the end got to spend a bomb to fix it....unless of coz people paying me crazy price :lol:

 

[potter]

y need to buy carpark lots in medini, such a big space and in malaysia, i mean. lol.

 

[xxkiwi]

That's how deals for apt/condos are structured over there. In the S&P set of documents, one can actually see the markup of the carpark lots destinated for the unit.
The total transacted price is of course inclusive of the carpark lots allocated.

y need to buy carpark lots in medini, such a big space and in malaysia, i mean. lol.

 

[merida]

Correction. Its 45k for 2 parking lots....lol....blur liao....

 

[xxkiwi]

Thats rm50k less the rm5k discount for those bought initially.
Heard the rm5k discount do not apply to new buyers anymore, anybody can confirm?

Correction. Its 45k for 2 parking lots....lol....blur liao....

 

[nextreal]

Thats rm50k less the rm5k discount for those bought initially.
Heard the rm5k discount do not apply to new buyers anymore, anybody can confirm?

I find the RM5k to be an insincere discount. It's not really a lot considering how much the property cost. Even our booking fee of S$5k is 2.5 times of that.

 

[xxkiwi]

Its ok lar, better then none.

I find the RM5k to be an insincere discount. It's not really a lot considering how much the property cost. Even our booking fee of S$5k is 2.5 times of that.

 

[merida]

I agree, they can give u big discount but mark up the selling price. For me I look at the total sum, 700 over k for a 1000+ square feet, and in this location, I think its one of the best deal.

 

[xxkiwi]

Meridin esp Tower B is on sale this weekend in Singapore at Sheraton Towers.