ASEAN Estates — Medan Investment Division

Invest in Medan:
Curated Properties for Foreign Investors

Last updated: July 6, 2026 · Written by the ASEAN Estates Investment Team
Medan, North Sumatra is one of Southeast Asia’s most undervalued property markets. Seven overlapping infrastructure programmes, a 100% VAT exemption, and a Golden Visa pathway make 2025 the ideal entry window for investors from Malaysia, Singapore, and beyond.
From $121KEntry price — off-plan residential
360+Active projects screened
Dec 2027VAT exemption deadline
Rp 16,300= $1 USD (July 2025)
Band 1 · $120K–145K
Band 2 · $140K–165K
Band 3 · $195K–285K+
All Properties
Why Medan
How to Buy
Band 1

Entry-Level Investment — $112,000 to $145,000

Proven residential projects in Medan’s highest-growth corridors. Best suited to investors seeking rental income from day one, with strong 10–15 year capital appreciation driven by the Eastern BRT zone and Trans-Sumatra Toll Road.

From $112,000USD entry price
📍 Medan Sunggal · West Corridor · Medan
Grand Property · 34 units · Perumahan (residential)
From $112,000
Rp 2.03 Billion · Sold out — secondary market only
Grand Patriot Palace villa row exterior render, Medan Sunggal
Type 150
Land Size114–239 m²
Build Area150 m²
Bedrooms3 BR / 3 BA
Floors2 floors
Project Overview
Total Units34 units
LocationMedan Sunggal
CorridorWest / Toll Road
TypePerumahan
Trans-Sumatra Toll Road Corridor3BR — Family Rental6% Annual Land AppreciationSold Out — Secondary Market Only
Investment Case
3-bedroom, 3-bathroom layout suits family and executive tenant profiles
Sunggal is directly on the Trans-Sumatra Toll Road corridor — 6% annual land appreciation
All 34 units are sold from the developer — ASEAN Estates can source inventory via secondary-market offers to existing owners
114–239m² land from $112K represents strong value vs Jakarta comparable districts
📍 Medan Sunggal · West Corridor · Medan
Pacific Palace Group · Perumahan (residential)
$132,000
Rp 2.4 Billion · Ready to occupy
Kensington townhouse development masterplan aerial render, Medan Sunggal
Villa Derrien
Land Area132 m²
Build Area135–142 m²
Bedrooms3 BR / 3 BA
Floors2.5 floors
Classical European DesignEstablished Developer Track Record132m² Land at $132K
Investment Case
Strong USD entry point — maximises yield percentage return
Pacific Palace Group has an established track record in Medan residential delivery
132m² land / 135–142m² build at $132K — exceptional value on the toll road corridor
VAT exemption to December 2027 applies — full tax saving on purchase
Band 2

Mid-Range Investment — $140,000 to $165,000

The strongest value band on the Medan market — nationally-backed developers, premium locations, and 4-bedroom layouts targeting Medan’s growing expat and senior corporate rental market. Eastern corridor projects sit directly in the BRT and IMTPSP growth zone.

From $140,000USD entry price
📍 Percut Sei Tuan · Eastern Corridor · Deli Serdang
Mutiara Residence Group · 32 units · Perumahan (residential)
From $140,000
Rp 2.542 Billion · Foreign-ownership eligible (Jade Plus 8)
Mutiara Jade townhouse development aerial render, Percut Sei Tuan
Jade 6 Plus
Land Size6 × 15m
Build Area160 m²
Frontage6m
Depth15m
Jade 8 Plus
Land Size8 × 15m
Build Area197 m²
Frontage8m
Depth15m
Site Details
Road Width12m
OrientationEast-facing
Total Units32 units
Community500+ households
BRT Eastern Growth ZoneIMTPSP Government DesignationLimited Availability — Secondary Market500+ Household Established ComplexImmediate Rental Demand
Investment Case
Inside an established 500+ household complex — tenants available from completion date
Percut Sei Tuan is the primary BRT beneficiary — 24km network, 45 stations
Government-designated IMTPSP growth zone — infrastructure investment already committed
Only the Jade 8 / Jade Plus 8 types clear Indonesia’s Rp 2 billion foreign-ownership minimum for landed houses in North Sumatra — the smaller Jade 6 / Jade Plus 6 types are listed on our WNI & expat guide instead
Two unit sizes — flexible for different budget and yield targets
12m road width and east-facing orientation are premium positions within the complex
📍 Percut Sei Tuan · Eastern Growth Zone · Deli Serdang
Agung Sedayu Group · 200 units · 44,000m² masterplan
From $127,000
Rp 2.3 Billion · Entry type: Cambridge
Pesona Indah Cemara masterplan commercial boulevard aerial render, Percut Sei Tuan
Cambridge (Entry)
Land Size6 × 15m
Build Area129 m²
Bedrooms3 BR / 3 BA
PriceRp 2.3 Billion
Location
DistrictPercut Sei Tuan
ZoneIMTPSP Growth Zone
BRT AccessPrimary corridor
ProvinceDeli Serdang
Agung Sedayu — National DeveloperBRT Primary Growth Zone200 Units — Full Community FacilitiesIMTPSP Government Investment Zone44,000m² Masterplan
Investment Case
Agung Sedayu Group is one of Indonesia’s largest developers — proven delivery across multiple cities
200-unit scale means full community facilities, security and amenities
44,000m² site — master-planned community with long-term infrastructure
Percut Sei Tuan is the headline BRT beneficiary — 24km, 45 stations
IMTPSP designation means committed government infrastructure spend in this zone
Best risk-adjusted entry in the mid band — national developer at $127K (Cambridge type; larger Barcelona and Amsterdam types also available)
📍 Medan Sunggal · West Corridor · Medan
Samera Group · 33 units · Perumahan (residential)
$138,000
Rp 2.5 Billion
Samera Suite American classic-modern villa exterior, Medan Sunggal
Standard Unit
Footprint8 × 12m
Land Area96 m²
Bedrooms3 BR / 4 BA
Floors2.5 floors
Project Overview
Total Units33 units
Security24-hour
LocationMedan Sunggal
TypePerumahan
24-Hour Security2.5 Floors — Maximum Living SpaceTrans-Sumatra Toll CorridorBoutique Gated Project
Investment Case
2.5-floor townhouse maximises rentable area on a compact footprint
24-hour security commands higher rents from professional tenants
Only 33 units — boutique security-gated community, desirable for expats
Sunggal on toll road corridor — 6% annual suburban land appreciation
📍 Polonia · Central Premium District · Medan
Jewel Park Developer · Perumahan (residential) · Polonia address
$156,000
Rp 2.54 Billion · Entry to Jewel Park range
Jewel Park Type D townhouse exterior facade, Polonia
Type D — Specifications
Land Area87 m²
Build Area148 m²
Bedrooms4 BR
Floors2 floors
Location & Type
DistrictPolonia
TypePerumahan
Tenant ProfileExpat / Corporate
Larger UnitsType B & C available
Polonia — Medan’s Premier Address4BR — Expat & Corporate Tenants148m² Build at $156KLarger Units Available Same Project
Investment Case
Polonia is Medan’s most prestigious address — highest rents and most stable tenant demand
4BR across 148m² — the spec demanded by senior expat and corporate tenants
Same developer offers larger Type B and C units in Band 3
$156K for a 4BR in Polonia is well below comparable pricing in Jakarta or Surabaya
Band 3

Premium Investment — $195,000 to $285,000+

Medan’s finest residential addresses — Polonia’s premium district and the irreplaceable Deli riverfront. These properties command the city’s highest rental rates and offer the strongest 15-year capital growth profile.

From $196,000USD entry price
Jewel Park — Type B & Type C
📍 Polonia · Central Premium District · Medan
Jewel Park Developer · Perumahan (residential) · Same developer as Band 2 Type D
$196,000 – $208,000
Rp 3.2–3.39 Billion
Jewel Park Type B and Type C rooftop terrace, Polonia
Type B — Largest Unit
Land Area116 m²
Build Area173 m²
Bedrooms4 BR
Floors2–3 floors
Type C — Mid Premium
Land Area102 m²
Build Area152 m²
Bedrooms4 BR
Floors2–3 floors
Location & District
DistrictPolonia
TypePerumahan
Tenant ProfileExpat / Corporate
Entry OptionType D at $156K
Polonia — Medan’s Premier AddressLargest Units in Jewel Park Range4BR — Expat & Corporate Rental116m² Land & 173m² Build (Type B)Type D Entry Available at Band 215-Year Capital Growth
Investment Case
Type B: 116m² land + 173m² build — largest unit in the entire Jewel Park range
Type C: 102m² land + 152m² build — strong mid-premium between Type D and Type B
Both types: 4BR over 2–3 floors — the spec demanded by Medan’s senior expat market
Polonia is Medan’s historic premium district — irreplaceable address premium
Expat and corporate tenants in Polonia sign longer leases at higher rents
Same developer as Type D — investors can hold both tiers, one relationship
Deli Riverview
📍 Medan Barat · Deli River Frontage · Medan
Premium Developer · Waterfront — Finite Supply
From $282,000
Rp 4.6 Billion+ · Riverfront premium
Property image coming soon
Land Options
Min Land144 m²
Max Land300 m²
PositionDeli Riverfront
ViewsDeli River
Location
DistrictMedan Barat
WaterwayDeli River
Land TypeWaterfront
SupplyFinite & irreplaceable
Waterfront — Cannot Be Replicated144–300m² Land OptionsDeli River ViewsLifestyle Premium10–15 Year Capital Growth
Investment Case
Waterfront land in Medan is finite — no new Deli River frontage can ever be created
Lifestyle premium appreciates independently of infrastructure cycles
144–300m² options — flexible from boutique to large family homes
Medan Barat is a central, mature district — strong baseline resale demand
Best for investors with a 10–15 year horizon seeking premium capital growth
River views are the most durable long-term value driver in any residential market

All Shortlisted Properties

Full overview of all 10 units across 8 projects — screened from 360 active Medan developments, July 2025.

PropertyBandPrice (USD)LocationUnitsLandBuild / BRKey Benefit
Kensington
Pacific Palace Group
Band 1$132KMedan Sunggal132 m²3BR · 3BA · 135–142m²Established developer · Classical European design
Grand Patriot
Grand Property
Band 1$112KMedan Sunggal34114–239m² land3BR · 2F · 150m²Sold out · Secondary market · Toll corridor
Mutiara Jade
Mutiara Residence Group
Band 2$140KPercut Sei Tuan328×15m197m² build · Type Plus 8BRT zone · Foreign-eligible unit · 500+ community
Pesona Indah Cemara
Agung Sedayu Group
Band 2$127KPercut Sei Tuan2006×15m entry3BR · 3BA · 129m²National developer · IMTPSP zone
Samera Suite
Samera Group
Band 2$138KMedan Sunggal338×12m · 96m²3BR · 4BA · 2.5FGated · 24hr security
Jewel Park — Type D
Jewel Park Developer
Band 2$156KPolonia87 m²4BR · 2F · 148m²Polonia address · Expat rental
Jewel Park — Type C
Jewel Park Developer
Band 3$196KPolonia102 m²4BR · 2–3F · 152m²Polonia premium · Corporate tenants
Jewel Park — Type B
Jewel Park Developer
Band 3$208KPolonia116 m²4BR · 2–3F · 173m²Largest Jewel Park unit · Max spec
Deli Riverview
Premium Developer
Band 3From $282KMedan Barat144–300 m²Riverfront · Deli River viewsWaterfront · Irreplaceable · 15yr growth

Who Actually Rents These Properties?

Rental demand is not the same story across all ten properties. Each area draws on a different, genuinely distinct source of demand — we set them out honestly below rather than applying one narrative to all.

Polonia — Jewel Park (Type D, C, B)

Medan’s original expat district since 1872, developed as the city’s European residential quarter from 1902 and home to Medan’s international airport until 2013. When multinationals relocate staff to Medan, Polonia is the established address. The strongest, best-documented rental case of the ten.

Percut Sei Tuan — Mutiara Jade, Pesona Indah Cemara

Adjacent to Kawasan Industri Medan, a 650-hectare state-owned industrial estate with 600+ resident companies, including multinationals, in palm oil, food & beverage, rubber and steel. Realistic tenant profile: factory managers, engineers and supervisory staff needing housing near the plant — a different but equally real source of demand.

Medan Sunggal — Kensington, Grand Patriot, Samera Suite

A growing suburban corridor near the Trans-Sumatra Toll Road and Kualanamu Airport, anchored by large local-market townships such as CitraLand Gama City. Honest framing: this is primarily a capital-growth and local-professional-family rental case, not an expat-housing case.

Medan Timur

Dense, established and centrally located, with malls, hotels and universities nearby. A convenience-driven local rental case — solid, dependable demand from local professionals, not an expat-specific market.

Medan Barat — Deli Riverview

Part of Medan’s historic city-centre cluster (grouped with Polonia) and home to the JW Marriott, giving genuine business-district adjacency. Note: the Deli River itself carries documented pollution and flood risk — the honest sell here is the central address, not the waterfront view.

Sources: Wikipedia (Medan, Medan Independent School); Kompas (Polonia history); Kawasan Industri Medan (KIM) corporate records; Ciputra/CitraLand Gama City; BPS Medan Timur District in Figures 2025; Deli River flood-risk academic studies.

Why Invest in Medan Now

Seven overlapping growth catalysts are converging on Medan in 2024–2027. No other city in Indonesia offers this combination of infrastructure investment, foreign buyer incentives, and valuation discount to the national average — all at the same time.

🛣
Trans-Sumatra Toll Road
Connectivity upgrade linking Medan to Binjai, Tebing Tinggi and beyond — opening the suburban land corridor and driving verified appreciation across western districts.
+6% annual suburban land appreciation
🚕
Bus Rapid Transit (BRT)
24km route with 45 stations under IMTPSP. Eastern Medan — Percut Sei Tuan — is the headline growth beneficiary. BRT corridors historically outperform city averages by 2–3x.
Eastern corridor designated priority growth zone
🏛
IMTPSP Government Designation
Eastern Medan formally designated as a government infrastructure growth zone — triggering committed public spend on roads, utilities, and connectivity.
Government-committed infrastructure spend
🏷
VAT Exemption — Extended to December 2027
100% VAT exemption on new residential property. On a $150,000 property this represents an immediate saving of approximately $16,500 USD — a direct uplift to net return from day one.
~$16,500 saving on a $150K purchase — Band 1 & 2 properties qualify
🏦
Bank Indonesia Rate Cut to 5.75%
Rate cut in late 2024 expanding mortgage eligibility for Indonesian buyers. A larger domestic buyer pool means stronger resale demand when you exit your investment.
Expanding domestic buyer pool = stronger resale market
🌍
Golden Visa & Second Home Visa
Indonesia’s Golden Visa and Second Home Visa reduce foreign ownership barriers. Malaysian and Singaporean investors now have a clear, legally-supported route with multi-year residency rights.
Clear legal pathway for MY / SG investors
🏭
China + 1 Industrial Shift
As manufacturers diversify away from China, Medan’s industrial estates see significant new demand — at 40% below Jakarta fringe valuations. New industrial activity creates immediate demand for worker and professional housing. Investors entering the residential market now are positioned ahead of this demand curve.
40% discount to Jakarta fringe — adjacent residential demand rising fast

How Foreign Investors Buy in Indonesia

Indonesia has specific ownership structures for foreign buyers. The options below are the legally recognised routes used by investors from Malaysia, Singapore, and beyond.

🎓 Ownership Structures

  • Hak Pakai (Right to Use) — The strongest foreign ownership option. 30-year initial term, extendable by 20 years, then renewable.
  • Nominee Structure — Property held via an Indonesian nominee. Common but requires a robust legal agreement.
  • PT PMA Company — Foreign-owned Indonesian company. Used by investors acquiring multiple units.
  • SHM Title (Freehold) — Indonesian citizens only. Common across Medan’s landed-house market — confirm legal structure with your notary.

🌎 Visa & Residency

  • Golden Visa — Investment-linked residence. Property investment route available. Multi-year validity, renewable.
  • Second Home Visa — 5 or 10-year visa for property owners. Ideal for Malaysia and Singapore investors.
  • KITAS — Annual limited stay permit. Can be linked to property ownership or business investment.
  • KITAP — Permanent stay. Available after qualifying KITAS period. Strongest residency status.

💵 Purchase Costs & Taxes

  • BPHTB (Acquisition Tax) — 5% of transaction value, paid by buyer
  • PPh (Income Tax on Sale) — 2.5% of transaction value, paid by seller
  • Notary Fee — Typically 0.5%–1% of transaction value
  • VAT (PPN) — 11% on new property — 100% exempted until December 2027
  • Annual Land Tax (PBB) — 0.1–0.3% of assessed value per year

📊 Rental & Returns

  • Gross Rental Yield — Typically 6–9% in Medan’s growth corridors
  • Rental Income Tax — 10% final tax on gross rental income for foreigners
  • Management Fee — 10–15% of rent if using professional management
  • Capital Gains Tax — 2.5% PPh on sale proceeds (seller’s tax)
  • Profit Repatriation — No capital controls on repatriation for properly structured investments

⚠ This information is for general guidance only and does not constitute legal or tax advice. ASEAN Estates recommends engaging a qualified Indonesian notary (PPAT) and legal advisor before completing any purchase.

Ready to Explore Medan Property?

ASEAN Estates provides end-to-end support for foreign investors — from property selection and developer introductions to legal structure guidance and ongoing management.

Schedule a Free Consultation
All USD prices calculated at Rp 16,300 = $1 USD (Bank Indonesia reference rate, July 2025). Prices shown are developer list prices and may vary.
© 2025 ASEAN Estates · asean-estates.com · For information purposes only — not financial advice.

Frequently Asked Questions

How many properties are shortlisted in this Medan investment guide?

The guide covers 10 shortlisted investment units across 8 different projects, screened from a pool of 360 active Medan developments as of July 2025.

What price bands are covered in the Medan property shortlist?

Three budget bands are covered: Band 1 ($120,000–$145,000), Band 2 ($140,000–$165,000), and Band 3 ($195,000–$285,000+), covering entry-level to premium investment properties.

What information is compared for each shortlisted property?

Each property is compared on price, location, unit count, land size, build specifications (bedrooms/bathrooms), and key investment benefits such as title type, developer reputation, and rental demand drivers.

What is the cheapest property in the Medan shortlist?

The most affordable shortlisted property, Kensington by Pacific Palace Group in Medan Sunggal, is priced at approximately $121,000.