Meridin Bayvue @ Sierra Perdana
No. 1, Jalan Sierra Perdana 2/1,, Masai, Johor
RM 420,000
3
Beds
2
Baths
980
sqft
RM 428.57
psf
Property details
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About this property
Fully Furnished 3 Bedroom Condo & RM3k Co-living Rental Income
Looking for an investment property with rental income from day one? This fully furnished 3-bedroom, 2-bathroom condominium is already set up for co-living, making it an attractive opportunity for investors seeking a ready-to-rent property.
PROPERTY HIGHLIGHTS
• 3 Bedrooms | 2 Bathrooms
• Fully Furnished – Ready for Rental
• Existing Co-Living Tenanted (3 rented, 1 owner reserve)
• Split Meter Installed for Utility Management
• Current Monthly Rental Income: RM2,600
• Potential Monthly Rental Income: Up to RM3,300 (due to 1 reserved and 2x Carpark reserved)
RENTAL INCOME & POTENTIAL
The unit is currently generating RM2,600 per month through its existing co-living rental arrangement.
The owner has retained one small room for personal use, together with two car park spaces. By fully utilising the available space and rental potential, the estimated monthly rental income could reach RM3,300, subject to rental demand and the final rental arrangement.
For investors, this offers an opportunity to acquire a property with an existing rental setup and potential to optimise future returns without starting the renovation process from scratch.
WHY THIS PROPERTY?
- Fully furnished and ready for rental
- Existing co-living setup saves time and renovation costs
- Split meter already installed for easier utility management
- Existing rental income with further upside potential
- Suitable for investors looking for a rental property
REASON FOR SALE
The owner is upgrading to a larger property and needs to free up their property quota. This creates an opportunity for the next owner to take over this ready-to-rent unit.
Interested in this investment opportunity? Contact me for more information or to arrange a viewing.
Amenities
Air conditioner
Balcony
Basic lights
Bed
Affordability
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Meridin Bayvue @ Sierra Perdana
Meridin Bayvue @ Sierra Perdana is a freehold, mixed-use development located in the matured neighbourhood of Taman Sierra Perdana, Masai. Developed by the renowned Mah Sing Group Berhad and completed around 2017-2018, this project offers residents scenic views overlooking the Johor Causeway and Singapore Bay. The development combines modern serviced residences with the convenience of retail shops located right below, creating a well-planned integrated living experience. Built on a 10-acre site, Meridin Bayvue comprises several residential blocks housing approximately 793 serviced apartments and 93 retail units. The residential units are designed to be spacious, with built-up areas typically ranging from 980 sq ft to 1,366 sq ft. Most layouts feature a practical 3-bedroom and 2-bathroom configuration, suitable for individuals and families. Residents of Meridin Bayvue have access to a wide array of leisure and recreational facilities designed for a modern lifestyle. The development is also secured with a multi-tier security system, including access cards and 24-hour guard patrols. Pools: Swimming pool, wading pool, and a SPA bed. Fitness: Indoor gymnasium and an outdoor gym. Recreation: Children's playground, barbeque area, health park, reflexology path, recreation lake, and a chess corner. Community: A multi-purpose hall and clubhouse for gatherings. Meridin Bayvue is strategically located with excellent access to major transportation routes, including the Pasir Gudang Highway, Johor Bahru East Coast Highway, and the Eastern Dispersal Link Expressway (EDL). While public transport is limited, taxis are available and a bus stop is located about a 15-minute walk away. The development is situated near several educational institutions. Sekolah Menengah Kebangsaan Ledang is approximately a 6-minute walk away. Other nearby options include REAL Private School and local kindergartens. For shopping and daily necessities, several major retail centres are a short drive away, including AEON Permas Jaya, Lotus's Seri Alam, and Mydin Mall Taman Ranting, all located less than 8km from the residence. Regency Specialist Hospital is noted as a nearby healthcare facility. Meridin Bayvue @ Sierra Perdana is a project by Mah Sing Group Berhad, a prominent and large-scale property developer listed on Bursa Malaysia with a vast portfolio of projects across the country.
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