Medan Indah

Medan, Medan City, North Sumatra, Indonesia

Property Transactions

2 subsales grouped by size

Median
RM 370,000
PSF
RM 169
Price Size
2,150 sqft
2-Sty Shop
RM 380,000
Jalan Indah
2,174 sqft · RM 175 PSF
2,200 sqft
2-Sty Shop
RM 360,000
Jalan Indah
2,196 sqft · RM 164 PSF
Legend Recent Highest Price Highest PSF

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Medan, Medan City, North Sumatra, Indonesia

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Medan Indah in Kota Tinggi, Johor recorded 2 subsale transactions in 2022, with a median price of RM 370K and a median price per square foot (PSF) of RM 169.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 370K, with most transactions falling within a stable range of RM 360K to RM 380K, and a typical market range of RM 365K to RM 375K.

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

For price per square foot, the median is RM 169, with most transactions between RM 164 and RM 175. The usual range is RM 162.86 to RM 175.86, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 13.00 and an average deviation (MAD) of RM 5 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.