Highlights

  • Overall, Medini prices fell including properties near hotspots like Mall of Medini and Sunway Iskandar suburb.
  • The latest property launch is Optimus Medini priced at RM634psf. This represents a 28 percent drop from the highs of year 2014
  • Low occupancy continues to prevail in overall Medini. The Ramada Hotel was likely used as quarantine centre.

 Medini Property Price: Aug 2020

  • The median price was RM645,598.
  • Measured in price per square foot, it was RM773psf.

Annual Price Change: Aug 2019 to Aug 2020

  • Medini prices declined by an average of 13.4 percent.
  • Citrine Residence, Afiniti and Iskandar Residence declined the most, around 20 percent.
  • Medini Lakeside is the only property that recorded no change to price.
  • D’Pristine was the only property that recorded an increase, at around 11 percent.

6-month Price Change: Feb 2020 to Aug 2020

  • Medini prices declined by an average of 5.2 percent.
  • The largest decline was recorded for Elysia Park Residence, Iskandar Residence and 1Medini, above 10 percent.
  • Medini Lakeside price remained unchanged during this period.

 Top and Bottom 3 Prices

  • Hijauan (MacroLink), Grand Medini, and Medini Lakeside at above RM700,000 were the costliest properties in this area.
  • Optimus Medini, 1Medini, Grid were the least costly properties at below RM450,000.
  • Properties with the highest psf are Hijauan (MacroLink), Grand Medini, and Medini Lakeside at above RM800psf.
  • The lowest psf is 1Medini at below RM500psf.

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