RATU MUTIARA (TAMAN RATU) Property Investment Analysis

17, Timur Laut, Penang

Median Price
RM 538,000
CAGR
+2.8%
Median PSF
RM 520.00
CAGR
+1.4%
Transactions
25
Period
2022-2025

RATU MUTIARA (TAMAN RATU) in Timur Laut, Penang recorded 25 subsale transactions between 2021 and 2025, with a median price of RM 538K and a median price per square foot (PSF) of RM 520.

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 538K, with most transactions falling within a stable range of RM 466K to RM 610K, and a typical market range of RM 478K to RM 598K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 520, with most transactions between RM 478 and RM 562. The usual range is RM 478.50 to RM 561.50, showing that most units are priced quite close to each other. With an IQR of RM 83.00 and MAD of RM 42, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.

ADVANCED FILTERS

TRANSACTIONS

25 found
Condominium/Apartment
RM 550,000
PSF: RM 415.00
Area: 1,324 sqft
Date: Feb 2025
2 - 2 1/2 Storey Semi-Detached
RATU MUTIARA
RM 1,980,000
PSF: RM 686.00
Area: 2,885 sqft
Date: Dec 2024
Condominium/Apartment
RM 430,000
PSF: RM 533.00
Area: 807 sqft
Date: Nov 2024
Condominium/Apartment
RM 390,000
PSF: RM 421.00
Area: 926 sqft
Date: Oct 2024
Condominium/Apartment
RM 538,000
PSF: RM 510.00
Area: 1,055 sqft
Date: Sep 2024
Condominium/Apartment
RM 550,000
PSF: RM 415.00
Area: 1,324 sqft
Date: Aug 2024
2 - 2 1/2 Storey Terraced
PERSIARAN TANJUNG BUNGAH 1
RM 1,050,000
PSF: RM 768.00
Area: 1,367 sqft
Date: Jun 2024
Condominium/Apartment
RM 650,000
PSF: RM 554.00
Area: 1,173 sqft
Date: Jun 2024
Condominium/Apartment
RM 550,000
PSF: RM 440.00
Area: 1,249 sqft
Date: May 2024
Condominium/Apartment
RM 525,000
PSF: RM 567.00
Area: 926 sqft
Date: Apr 2024
Condominium/Apartment
RM 480,000
PSF: RM 595.00
Area: 807 sqft
Date: Feb 2024
Condominium/Apartment
RM 560,000
PSF: RM 423.00
Area: 1,324 sqft
Date: Jan 2024
Condominium/Apartment
RM 380,000
PSF: RM 471.00
Area: 807 sqft
Date: Nov 2023
Condominium/Apartment
RM 450,000
PSF: RM 486.00
Area: 926 sqft
Date: Sep 2023
Condominium/Apartment
RM 510,000
PSF: RM 551.00
Area: 926 sqft
Date: Jun 2023
Condominium/Apartment
RM 418,000
PSF: RM 504.00
Area: 829 sqft
Date: May 2023
Condominium/Apartment
RM 610,000
PSF: RM 520.00
Area: 1,173 sqft
Date: May 2023
Condominium/Apartment
RM 555,000
PSF: RM 526.00
Area: 1,055 sqft
Date: May 2023
Condominium/Apartment
RM 465,000
PSF: RM 576.00
Area: 807 sqft
Date: Apr 2023
Condominium/Apartment
RM 700,000
PSF: RM 529.00
Area: 1,324 sqft
Date: Mar 2023
Condominium/Apartment
RM 430,000
PSF: RM 465.00
Area: 926 sqft
Date: Nov 2022
Condominium/Apartment
RM 520,000
PSF: RM 562.00
Area: 926 sqft
Date: Oct 2022
Condominium/Apartment
RM 390,000
PSF: RM 483.00
Area: 807 sqft
Date: Oct 2022
Condominium/Apartment
RM 608,000
PSF: RM 518.00
Area: 1,173 sqft
Date: Feb 2022
Condominium/Apartment
RM 570,000
PSF: RM 540.00
Area: 1,055 sqft
Date: Feb 2022