Ratu Mutiara (Taman Ratu)
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 12
|
RM 375,000
|
RM 405
|
926 sqft
|
|
|
|
Level 10
|
RM 390,000
|
RM 421
|
926 sqft
|
|
|
|
Level 19
|
RM 525,000
|
RM 567
|
926 sqft
|
|
|
Level 19
|
RM 600,000
|
RM 453
|
1,324 sqft
|
|
|
|
Level 21
|
RM 550,000
|
RM 415
|
1,324 sqft
|
|
|
|
Level 20
|
RM 550,000
|
RM 415
|
1,324 sqft
|
|
|
Persiaran Tanjung Bungah 1
|
RM 1,050,000
|
RM 412
|
2,551 sqft
|
|
|
Ratu Mutiara
|
RM 1,980,000
|
RM 686
|
2,885 sqft
|
|
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Market Snapshot
ResidentialRM 550,000
RM 447 psfMedian transaction price
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsRatu Mutiara (Taman Ratu) in Timur Laut, Penang recorded 12 subsale transactions between 2021 and 2026, with a median price of RM 550K and a median price per square foot (PSF) of RM 447.
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 550K, with most transactions falling within a stable range of RM 375K to RM 975K, and a typical market range of RM 478K to RM 623K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 447, with core pricing between RM 363 and RM 530. Market pricing typically extends from RM 399.99 to RM 493.49, reflecting moderate variation in unit pricing. The spread of RM 93.50 (IQR) and deviation of RM 83 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.