Medan Ria, Georgetown

Medan Ria is a freehold low-cost flat that is located in Georgetown, Penang Island. There are 158 units available at this flat with built-up from 700 sf to 800 sf. Other neighbouring developments around are Kampar Mansion, Medan Samak, Melody Villa, Pangsapuri Kimsar, Pangsapuri MPPP, Pangsapuri Sri Pelangi, Pangsapuri Sri Tanjung, Rawang Court, Taman Nusantara and Taman Sri Pinang.

Property Type
Low-Cost Flat
Land Tenure
Freehold
Built-up
700 sf - 800 sf
Market Price
RM340,000 - RM360,000
Total Units
158 Units
Completion Date
-NA-
Developer
-NA-
Launch Price
-NA-

This low-cost flat has some amenities nearby, e.g. hospitals, schools and universities. The following are some main hospitals here:

As for schools, there are 0164080866 SRJK (C) Tong, SJK Tong Sian C, SMJK Convent Datuk Keramat and Sekolah Jepun Pulau Pinang.

The current rental yield of Medan Ria is around 2.49%, compared to 2.52% a year ago in Q1 2021. The highest rental yield ever recorded was 3.55% in Q2 2018; while the lowest one was 2.49% in Q3 2022. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Medan Ria is 3-bedroom / 700 sf with a median price of RM490 psf. For price wise, the most expensive one is Studio / 700 sf with a median price of RM510 psf; while the cheapest one is 3-bedroom / 800 sf with a median price of RM450 psf.

Latest Medan Ria sale listings:

TarikhJenis HartanahBinaanHarga
20 Mar 2024Condominium700 sfRM323,000
6 Mar 2024Condominium700 sfRM360,000
5 Feb 2024Low-Cost Flat700 sfRM300,000
29 Jan 2024Condominium800 sfRM320,000
24 Jan 2024Low-Cost Flat700 sfRM324,000
24 Jan 2024Low-Cost Flat700 sfRM329,000
14 Dec 2023Condominium800 sfRM325,000
13 Dec 2023Low-Cost Flat700 sfRM291,600
16 Nov 2023Condominium750 sfRM360,000
8 Nov 2023Low-Cost Flat700 sfRM328,000

Latest Medan Ria rental listings:

TarikhJenis HartanahBinaanSewaan
21 Feb 2024Condominium700 sfRM1,000
29 Dec 2023Condominium700 sfRM1,000
19 Dec 2023Low-Cost Flat750 sfRM900
19 Dec 2023Low-Cost Flat900 sfRM900
24 Oct 2023Condominium700 sfRM1,000
12 Oct 2023Condominium700 sfRM1,400
11 Oct 2023Condominium750 sfRM1,400
22 Sep 2023Condominium700 sfRM900
8 Sep 2022Condominium800 sfRM800
21 Jan 2022Low-Cost Flat700 sfRM1,100
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