Penang
Timur Laut
17
RATU MUTIARA (TAMAN RATU)

RATU MUTIARA (TAMAN RATU)

Area Intelligence

Median Price

RM 440,000

PSF: RM 519

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Residential PSF Trends

Median Price

RM 440,000

PSF: RM 519

RATU MUTIARA (TAMAN RATU) in Timur Laut, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 440K and a median price per square foot (PSF) of RM 519.

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 440K, with most transactions falling within a stable range of RM 510K to RM 446K, and a typical market range of RM 510K to RM 500K.

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

For price per square foot, the median is RM 519, with most transactions between RM 512 and RM 525. The usual range is RM 477.00 to RM 560.00, showing that most units are priced quite close to each other. With an IQR of RM 83.00 and MAD of RM 7, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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RATU MUTIARA (TAMAN RATU), Timur Laut, Penang

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