Medini Forecast

Critical factors that will influence future price and demand for properties in Medini are:

  • A comprehensive range of services that make up a successful township
  • Efficient supporting policies and immigration processes towards foreigners, especially Singaporeans.

Medini Forecast

  • Medini has 2 potential hotspots in the making – The Mall of Medini and Sunway Iskandar. Both locations have incomplete services that hinder demand, but they will likely be able to address those concerns within a 12-month period.
  • At the Sunway Iskandar side, they successfully brought in NSK and Jaya Grocer as a pull factor to draw demand.
  • Coupled with a Sunway International School, demand is gradually growing, especially among the Korean community, which is familiar with its KL set-up.
  • However, it fails miserably to attract an important segment – Malaysians who work in Singapore. This high-income segment may not necessarily drive and tend to ‘eat-out’ as commuting to Singapore takes up a chunk of their time.
  • Over time, Sunway Iskandar should be able to resolve this as more F&B opens and the frequency of Singapore-bound buses is improved by subsidising the operators.
  • By contrast, the Mall of Medini has no transport issues as it is a major pick-up point for the CW3 buses.
  • It lacks crucial grocery offerings and many basic services but that should be covered by the newly completed D’Pristine retail space.
  • Overall, Medini should gradually be able to attract Singaporean retirees who see these private properties as HDB-upgrade, as more critical services rollout.

We are constantly updating this area’s DEMAND and SUPPLY, location review in HOTSPOT and future PRICES in our FORECAST section.