Medan Ria Apartment

Jalan Samak, Taman Perak, 10150 George Town, Pulau Pinang, Malaysia

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Market Snapshot

Residential

RM320,000

RM457 psf

Median transaction price

Medan Ria
© OpenStreetMap · CARTO

Medan Ria Apartment, Jalan Samak, Taman Perak, 10150 George Town, Pulau Pinang, Malaysia

Maps

Medan Ria Apartment in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM320K and a median price per square foot (PSF) of RM457.

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 RM320K, with most transactions falling within a stable range of RM276K to RM365K, and a typical market range of RM281K to RM359K.

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

The median PSF stands at RM457, with core pricing between RM394 and RM521. Market pricing typically extends from RM401.13 to RM512.88, reflecting moderate variation in unit pricing. With an IQR of RM111.75 and MAD of RM64, 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.