Midas @ Seri Alam
Resale listings here run from RM200,000 to RM568,000 — a spread of RM368,000. Floor, facing and condition decide which end you pay. This page lays out price bands, rents, yields and risks across all 3 layouts.
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Midas @ Seri Alam in 30 seconds
Midas @ Seri Alam is a freehold condominium in Bandar Seri Alam, Johor Bahru, Malaysia, developed by Midas Season Sdn Bhd (subsidiary of Northstar Frontier Sdn Bhd) and completed in 2011. It comprises 7 block(s), 35 storeys and 1,609 units. Address: Persiaran Seri Alam, Bandar Seri Alam, 81750, Johor.
Layouts run 431 to 700 sq ft across 3 types. As at September 2026, resale listings range RM200,000 – RM568,000, with a mid-market level around RM384,000; transacted PSF sits at RM377–622 psf. Whole-unit rents are RM800 – RM1,800 a month, a gross yield of 4.1% – 4.1%. Maintenance: about RM0.22 psf per month.
Transport position: not yet verified
What kind of project is Midas @ Seri Alam?
Every line below can be checked against the developer and official records. This is a completed 2011 project — you are buying a real unit you can walk into, not a rendering.
- Developer
- Midas Season Sdn Bhd (subsidiary of Northstar Frontier Sdn Bhd)Midas Season Sdn Bhd (subsidiary of Northstar Frontier Sdn Bhd)
- Completed
- 2011Completed · resale stock
- Tenure
- FreeholdOpen to foreign buyers (min-price rules apply)
- Total units
- 1,6097 block(s) · 35 storeys
- Layouts
- 3See price table below
- Maintenance
- about RM0.22 psf per monthConfirm with the management office
- Transacted PSF
- RM377–622Recent resale range
- Gross yield
- 4.1–4.1%Whole-unit basis
A regional private developer whose main work is the Midas @ Seri Alam mixed-use development (residential, mall and cinema). Public information is limited and its reputation is average; it ranks as a small to mid-sized developer.
Bandar Seri Alam — what is around you
Full address: Persiaran Seri Alam, Bandar Seri Alam, 81750, Johor (81750). Location decides who rents from you — and how easily you resell.
🚉 Getting around
- 🚉 RTS / railnot yet verified
- 🛂 Checkpoint (CIQ)about 22–25 km, roughly a 30–35 minute drive (estimated)
- 🚌 Other transportClose to the Pasir Gudang Highway and the JB East Coast Highway linking to the EDL; express and city buses run from Masai central bus terminal
🛍️ Malls & shopping
- Tesco Seri Alam
- Mydin Hypermarket
- AEON Permas Jaya
🎓 Schools
- not yet verified (the district contains 4 universities, a junior college, an arts school, a Japanese school, Excelsior International School and 8 primary and secondary schools)
🏥 Hospitals
- Regency Specialist Hospital
- Hospital Penawar
- KPJ Pasir Gudang Specialist Hospital
3 layouts, from 431 to 700 sq ft
The table shows the current resale price band and rent band for each layout. Mid-market sits around RM384,000, the top of market reaches RM568,000 — within one layout the spread comes down to floor, facing and condition.
| Layout | Area | Bed / Bath | Resale price band | PSF | Monthly rent |
|---|---|---|---|---|---|
| Studio | approx. 431-500 sf | Studio · 1 bath | RM200,000 – RM568,000 | RM464–1318 | RM800 – 1,800 |
| 2-bedroom | approx. 550-700 sf | 2BR · 1 bath | RM200,000 – RM568,000 | RM364–1033 | RM800 – 1,800 |
| 3-bedroom | approx. 700-904 sf | 3BR · 2 bath | RM200,000 – RM568,000 | RM286–811 | RM800 – 1,800 |
Bands combine September 2026 listings with recent transactions; they are not live quotes. Actual prices depend on floor, facing, condition and negotiation.
Price range by layout
Bar spans the low to the high end of the market for that layout · in Ringgit
Rents: RM800 to RM1,800 a month
Whole-unit gross yield runs about 4.1% – 4.1%. That is gross — before maintenance, assessment, quit rent, insurance and vacancy. Net yield typically lands 0.8 to 1.2 percentage points below this.
Monthly rent by layout
Whole unit, unfurnished to basic furnishing · Ringgit per month
Who rents at Midas @ Seri Alam, how long units sit empty, and who will buy from you later matter more than the yield figure. I can walk you through all three against your budget and purpose.
What actually gives Midas @ Seri Alam its value
Among the lowest entry prices in the district, with a retail podium and cinema on site
1,609 units generate very high rental demand (many students and workers nearby)
Strong education provision (4 universities)
🏊 Facilities
- Private swimming pool
- Gymnasium
- Lounge
- Barbecue area
- Indoor and outdoor playgrounds
- Garden
- Reading room
- Steam bath
- One parking bay per unit
- 24-hour security with CCTV
- Mall-style courtyard
Which kind of buyer are you?
Own-stay, investment, or a place for a child at school — the same project is judged on completely different things. Work out which one you are before you look at price.
Workers and students from the Pasir Gudang and Bandar Seri Alam industrial areas and nearby universities (such as Asia Pacific University)
Rental investors seeking a low total price in a large development with its own mall and cinema
What I will not hide from you
Every project has weaknesses. An agent not mentioning them does not make them go away — it just means you find out after you have signed. Here is what is actually wrong with this one.
Over 15 years old with a very large number of units, making management complex
Some rental figures are anomalous and need verification (an original listing rent ceiling of RM249,000 is an outlier or data-entry error, and has been removed in favour of a more realistic market range)
If the mall underperforms it could affect the development's image
Far from CIQ, making commuting to Singapore inconvenient
What else is there around Permas Jaya / Masai / Seri Alam?
Within one area, big price gaps usually have reasons: tenure, age, density, management. Compare across first, then decide which to look at closely.
| Project | Built | Tenure | Units | PSF | Price band | Yield |
|---|---|---|---|---|---|---|
| Midas @ Seri Alam ← | 2011 | Freehold | 1,609 | RM377–622 | RM200,000 – RM568,000 | 4.1–4.1% |
| D'Ambience Residences (Pangsapuri Ikatan Flora) | 2014 | Freehold | 780 | RM333–527 | RM250,000 – RM600,000 | 4.0–4.0% |
| The Straits View Condominium | 2014 | Freehold | 120 | RM282–515 | RM300,000 – RM1,280,000 | 4.9–4.9% |
| Permas Ville Apartment (Block A / Block B) | — | Freehold | — | RM317–429 | RM350,000 – RM498,000 | 3.8–3.8% |
| Central Residences @ Permas Ville | — | Freehold | 291 | RM535–552 | — | — |
| Pan Vista Condominium | 1994 | Freehold | 315 | RM224–372 | RM250,000 – RM410,000 | 3.5–4.5% |
| Fair View Apartment | 2003 | Freehold | 164 | RM270–380 | RM278,000 – RM450,000 | 3.5–4.5% |
Full list on the Permas Jaya / Masai / Seri Alam area page.
What does buying here actually cost in 2026?
From 1 January 2026, stamp duty for foreign buyers of Malaysian residential property rose from 4% to 8%. Johor’s state consent levy rose from 2% to 3% (minimum RM30,000) from July 2025. Together with legal fees, this is the cash you need on top of the purchase price.
| Item | Basis | On RM1,000,000 |
|---|---|---|
| Purchase price | — | RM1,000,000 |
| Stamp duty (foreigner, 8%) | From 1 Jan 2026 | RM80,000 |
| Johor consent levy (3%) | Minimum RM30,000 | RM30,000 |
| Legal fees & disbursements (~1%) | — | ≈ RM10,000 |
| Total on top | — | ≈ RM120,000（12%） |
Johor sets a minimum purchase price for foreigners, and the rules differ between commercial title (serviced apartment / SOHO) and residential title. Midas @ Seri Alam is Freehold — confirm with your lawyer which regime applies before you place a booking. Get this wrong and the transfer can fail. I can check the title category for this project first.
The 10 questions buyers ask me most
How much does Midas @ Seri Alam cost on the resale market?
As at September 2026, Midas @ Seri Alam resale listings run RM200,000 to RM568,000, with a mid-market level around RM384,000 and transacted PSF of RM377–622. By layout: Studio (approx. 431-500 sf) RM200,000–RM568,000; 2-bedroom (approx. 550-700 sf) RM200,000–RM568,000; 3-bedroom (approx. 700-904 sf) RM200,000–RM568,000. Within one layout the spread comes from floor, facing and condition — WhatsApp me for the live list.
What are rents and yields at Midas @ Seri Alam?
Whole-unit rents run RM800 – RM1,800 a month, a gross yield of about 4.1% – 4.1%. That is gross: after maintenance, assessment, quit rent, insurance and vacancy, net yield is typically 0.8–1.2 points lower.
Is Midas @ Seri Alam freehold, and can foreigners buy?
Midas @ Seri Alam is Freehold. Foreigners may buy subject to Johor’s minimum purchase price for foreign buyers. Residential title and commercial title (serviced apartment / SOHO) fall under different rules — have your lawyer confirm which applies before booking. From 2026 foreign-buyer stamp duty is 8%, plus Johor’s 3% consent levy (minimum RM30,000).
When was Midas @ Seri Alam completed and who built it?
Midas @ Seri Alam was completed in 2011 and is occupied resale stock: 7 block(s), 35 storeys, 1,609 units. Developer: Midas Season Sdn Bhd (subsidiary of Northstar Frontier Sdn Bhd). A regional private developer whose main work is the Midas @ Seri Alam mixed-use development (residential, mall and cinema). Public information is limited and its reputation is average; it ranks as a small to mid-sized developer.
How is transport at Midas @ Seri Alam, and how far is the checkpoint?
not yet verified; about 22–25 km, roughly a 30–35 minute drive (estimated); Close to the Pasir Gudang Highway and the JB East Coast Highway linking to the EDL; express and city buses run from Masai central bus terminal
What layouts does Midas @ Seri Alam have?
3 layouts: Studio approx. 431-500 sf (Studio), 2-bedroom approx. 550-700 sf (2BR), 3-bedroom approx. 700-904 sf (3BR). Areas run 431 to 700 sq ft. I can supply the developer’s official floor plans — WhatsApp me the layout you want to see.
What is the maintenance fee at Midas @ Seri Alam, and what facilities are there?
Maintenance is about about RM0.22 psf per month (confirm with the management office). Facilities include: Private swimming pool, Gymnasium, Lounge, Barbecue area, Indoor and outdoor playgrounds, Garden, Reading room, Steam bath, One parking bay per unit, 24-hour security with CCTV, Mall-style courtyard.
Who is Midas @ Seri Alam suitable for?
Workers and students from the Pasir Gudang and Bandar Seri Alam industrial areas and nearby universities (such as Asia Pacific University); Rental investors seeking a low total price in a large development with its own mall and cinema
What are the risks of buying at Midas @ Seri Alam?
Over 15 years old with a very large number of units, making management complex; Some rental figures are anomalous and need verification (an original listing rent ceiling of RM249,000 is an outlier or data-entry error, and has been removed in favour of a more realistic market range); If the mall underperforms it could affect the development’s image; Far from CIQ, making commuting to Singapore inconvenient
What malls, schools and hospitals are near Midas @ Seri Alam?
Malls: Tesco Seri Alam, Mydin Hypermarket, AEON Permas Jaya. Schools: not yet verified (the district contains 4 universities, a junior college, an arts school, a Japanese school, Excelsior International School and 8 primary and secondary schools). Hospitals: Regency Specialist Hospital, Hospital Penawar, KPJ Pasir Gudang Specialist Hospital.
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