Merida Bike Quality

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Hi all,

I'm considering purchasing a Merida S5 road bike and would like to know if anyone has any opinions or experience with it. Specs are listed below and I can buy it for about $1500 AU. Advice would be greatly appreciated!

Thanks in advance :)

Manufacturer Merida
Model Road S5
Colour Black
Frame Road Alloy
Fork Carbon Road
Crank Shimano Compact
Brakes ROAD Dual Pivot
Cartridge Saddle XM Comp
Seatpost XM Speed SB20 27.2
Stem XM Speed -6
Handlebar XM Speed Road
B/Bracket MegaExo
Headset M10 Neck
Front Hub attached
Rear Hub attached
Front Derailleur Shimano Ultegra
Rear Derailleur Shimano Ultegra
SS Shifters Shimano Ultegra
Freewheel Shimano CS-5600 11-25
Front Brake ROAD Dual Pivot Cartridge
Rear Brake ROAD Dual Pivot Cartridge
Brake Levers Shimano Ultegra
Rims Shimano R550 wheel
Tyres (Tires) Maxxis Detonator 23 60
Speed 20 speed Year 2008

Known brand, East Asian quality, not as well advertised as Giant.