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 390K to RM 987K, and a typical market range of RM 490K to RM 610K.

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

Price per square foot shows a median of RM 533, though individual units vary from RM 424 to RM 642 in the core range. The broader market spans RM 491.50 to RM 574.50, indicating diverse property characteristics. The spread of RM 83.00 (IQR) and deviation of RM 109 (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.

Loading map...

RATU MUTIARA (TAMAN RATU), Timur Laut, Penang

OSM

Track location

Transactions

11 transactions grouped by size

800 sqft
Condo/Apartment
RM 430,000
Level 7
807 sqft · RM 533 PSF
RM 480,000
Level 27
807 sqft · RM 595 PSF
950 sqft
Condo/Apartment
RM 390,000
Level 10
926 sqft · RM 421 PSF
RM 525,000
Level 19
926 sqft · RM 567 PSF
1,050 sqft
Condo/Apartment
RM 538,000
Level 17
1,055 sqft · RM 510 PSF
1,150 sqft
Condo/Apartment
RM 650,000
Level 8
1,173 sqft · RM 554 PSF
1,250 sqft
Condo/Apartment
RM 550,000
Level 18
1,249 sqft · RM 440 PSF
1,300 sqft
Condo/Apartment
RM 550,000
Level 20
1,324 sqft · RM 415 PSF
RM 560,000
Level 9
1,324 sqft · RM 423 PSF
1,350 sqft
Double Storey Terraced
RM 1,050,000
PERSIARAN TANJUNG BUNGAH 1
1,367 sqft · RM 768 PSF
2,900 sqft
Double Storey Semi-D
RM 1,980,000
RATU MUTIARA
2,885 sqft · RM 686 PSF

No Properties For Sale

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

Be the First to List Your Property
List.my Mascot

Unlock Premium Property Insights

Sign up for free to access powerful tools that help you make informed property decisions

100% free • No credit card required • Instant access