Area Intelligence

MEDAN RIA

7 properties
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Median Price
RM 350,000
PSF: RM 500

Residential Market

Median Price

RM 350,000

IQR: RM 125
MAD: RM 50
RM 500 PSF 11.2%

PSF Trends (2021-2025)

MEDAN RIA in Timur Laut, Penang recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 350K and a median price per square foot (PSF) of RM 500.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 350K, with most transactions falling within a stable range of RM 315K to RM 385K, and a typical market range of RM 307K to RM 385K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 500, with core pricing between RM 450 and RM 550. Market pricing typically extends from RM 437.75 to RM 562.25, reflecting moderate variation in unit pricing. With an IQR of RM 124.50 and MAD of RM 50, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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MEDAN RIA, Timur Laut, Penang

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Transactions

7 properties found

Flat
RM 270,000
700 sqft Mar 2025
RM 386.00 PSF
Flat
RM 290,000
700 sqft Oct 2024
RM 414.00 PSF
Flat
RM 270,000
700 sqft May 2023
RM 386.00 PSF
Flat
RM 350,000
700 sqft Apr 2023
RM 500.00 PSF
Flat
RM 385,000
700 sqft Jan 2023
RM 550.00 PSF
Flat
RM 375,000
700 sqft Mar 2022
RM 536.00 PSF
Flat
RM 359,000
700 sqft Mar 2022
RM 513.00 PSF