Property Prices in Medan, Indonesia

Index
Price to Income Ratio:	21.01
Mortgage as Percentage of Income:	230.91%
Loan Affordability Index:	0.43
Price to Rent Ratio - City Centre:	33.67
Price to Rent Ratio - Outside of Centre:	25.22
Gross Rental Yield (City Centre):	2.97%
Gross Rental Yield (Outside of Centre):	3.97%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	3,166,667.00 Rp	2,000,001.00-4,500,000.00
Apartment (1 bedroom) Outside of Centre	1,600,000.00 Rp	800,000.00-2,500,000.00
Apartment (3 bedrooms) in City Centre	8,750,000.00 Rp	7,500,000.00-10,000,000.00
Apartment (3 bedrooms) Outside of Centre	3,750,000.00 Rp	3,500,000.00-4,000,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	2,681,695.01 Rp	2,322,556.67-3,399,971.70
Price per Square Feet to Buy Apartment Outside of Centre	929,022.67 Rp	929,022.67-929,022.67
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	4,624,705.83 Rp
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	9.25	4.40-13.00

These data are based on 33 entries in the past 18 months from 9 different contributors.
Last update: December 2024

Sources and References

Nearby cities:

Property Prices in Subulussalam	131.36 miles
Property Prices in Sibolga	208.60 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	12,400.00
GDP Growth Rate:	5.31%
Population Growth Rate:	0.76%