RATU MUTIARA (TAMAN RATU)

RATU MUTIARA (TAMAN RATU) in Timur Laut, Penang recorded 13 subsale transactions between 2021 and 2025, with a median price of RM 570K 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 570K, with most transactions falling within a stable range of RM 498K to RM 642K, and a typical market range of RM 510K to RM 630K.

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.

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.