RATU MUTIARA (TAMAN RATU)

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.