MEDAN RIA

MEDAN RIA in Timur Laut, Penang recorded 1 subsale transactions in 2024, with a median price of RM 290K and a median price per square foot (PSF) of RM 414.

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 290K, with most transactions falling within a stable range of RM 246K to RM 335K, and a typical market range of RM 251K to RM 329K.

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

The median PSF stands at RM 414, with core pricing between RM 351 and RM 478. Market pricing typically extends from RM 358.13 to RM 469.88, reflecting moderate variation in unit pricing. The spread of RM 111.75 (IQR) and deviation of RM 64 (MAD) suggest moderate price variations reflecting different property features.

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.