RATU MUTIARA (TAMAN RATU)

Area Intelligence
2024
Median Price
RM 550,000
PSF: RM 533

Residential PSF Trends

Median Price

RM 550,000

PSF: RM 533

RATU MUTIARA (TAMAN RATU) in Timur Laut, Penang recorded 11 subsale transactions in 2024, with a median price of RM 550K and a median price per square foot (PSF) of RM 533.

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 513K to RM 480K, and a typical market range of RM 490K to RM 480K.

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

The median PSF stands at RM 533, with core pricing between RM 461 and RM 605. Market pricing typically extends from RM 491.50 to RM 574.50, reflecting moderate variation in unit pricing. With an IQR of RM 83.00 and MAD of RM 72, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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RATU MUTIARA (TAMAN RATU), Timur Laut, Penang

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Transactions

3 transactions found

RM 430,000
Level 7
807 sqft RM 533.00 PSF
RM 390,000
Level 10
926 sqft RM 421.00 PSF
RM 480,000
Level 27
807 sqft RM 595.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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