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Meridin Suites Residences 75% pre-selected

KUALA LUMPUR: A private preview of Meridin Suites Residences in Johor Baru on May 11 attracted some 1,500 visitors and within five hours, 75% of 595 available units were pre-selected by potential buyers. A total of 446 units with a total value of RM261 million were pre-selected in those few hours, according to developer Mah Sing Group Bhd in a statement. Meridin Suites Residences, which comprises three towers of 32 to 36 storeys with a total of 756 serviced residences, makes up Phase 1 of integrated development The Meridin@Medini in Iskandar Malaysia, Johor. Phase 1 also includes the Meridin Walk Lifestyle Retail. The Meridin@Medini sits on 8.19 acres (3.31ha) of freehold land and has an estimated gross development value (GDV) of RM1.1 billion. The preview, for those who had registered for Meridin Suites Residences earlier, featured phase 1A, comprising towers A and C. Units have built-ups from 521 sq ft with an indicative price of RM387,000 onwards. A breakdown of the buyers showed th ....

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