LIST

Penang, Timur Laut, 17

RATU MUTIARA (TAMAN RATU)

Area Intelligence
2024
Median Price
RM 555,000
PSF: RM 475
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Residential PSF Trends

Median Price

RM 555,000

PSF: RM 475

RATU MUTIARA (TAMAN RATU) in Timur Laut, Penang recorded 6 subsale transactions in 2024, with a median price of RM 555K and a median price per square foot (PSF) of RM 475.

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 555K, with most transactions falling within a stable range of RM 538K to RM 738K, and a typical market range of RM 538K to RM 615K.

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

Price per square foot shows a median of RM 475, though individual units vary from RM 353 to RM 597 in the core range. The broader market spans RM 433.50 to RM 516.50, indicating diverse property characteristics. A wider spread (IQR: RM 83.00) and deviation (MAD: RM 122) indicate significant PSF variations, likely due to diverse property types or conditions.

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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Transactions

6 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
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

No Properties For Sale

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

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