MEDAN RIA Property Investment Analysis

Georgetown, Timur Laut, Penang

Median Price
RM 350,000
CAGR
-11.1%
Median PSF
RM 500.00
CAGR
-11.2%
Transactions
7
Period
2022-2025

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.

ADVANCED FILTERS

TRANSACTIONS

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