Medan Tanjung Bunga

Medan, Medan City, North Sumatra, Indonesia

Property Transactions

2 subsales found

Median
RM1,812,500
PSF
RM521
Period
transactions middle 50% (P25–P75)
RM1,725,000
Medan Tanjung Bungah
3,348 sqft RM515 PSF
RM1,900,000
Medan Tanjung Bungah
3,649 sqft RM521 PSF
Legend Recent Highest Price Highest PSF

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Medan, Medan City, North Sumatra, Indonesia

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Medan Tanjung Bunga in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM1.81 million and a median price per square foot (PSF) of RM521.

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 RM1.81 million, with most transactions falling within a stable range of RM1.73 million to RM1.90 million, and a typical market range of RM1.77 million to RM1.86 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, with minimal variety in property types.

For price per square foot, the median is RM521, with most transactions between RM518 and RM524. The usual range is RM519.19 to RM522.19, showing that most units are priced quite close to each other. A typical spread (IQR) of RM3.00 and an average deviation (MAD) of RM3 indicate a highly stable PSF trend across properties.

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.