Medan Ria Apartment

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

Property Transactions

3 subsales grouped by size

Median
RM350,000
PSF
RM500
Price Size
Period
transactions middle 50% (P25–P75)
700 sqft
Flat
RM270,000
Level 2
700 sqft · RM386 PSF
RM350,000
Level 5
700 sqft · RM500 PSF
RM385,000
Level 3
700 sqft · RM550 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM350,000

RM500 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 3 subsale transactions in 2023, with a median price of RM350K and a median price per square foot (PSF) of RM500.

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 RM350K, with most transactions falling within a stable range of RM302K to RM385K, and a typical market range of RM311K to RM385K.

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

The median PSF stands at RM500, with core pricing between RM431 and RM569. Market pricing typically extends from RM444.38 to RM556.13, reflecting moderate variation in unit pricing. With an IQR of RM111.75 and MAD of RM69, 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.