Ratu Mutiara (Taman Ratu)
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 600,000
RM 453 psfMedian transaction price
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsRatu Mutiara (Taman Ratu) in Timur Laut, Penang recorded 1 subsale transactions in 2026, with a median price of RM 600K and a median price per square foot (PSF) of RM 453.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 453, with most transactions between RM 453 and RM 453. The usual range is RM 406.25 to RM 499.75, showing that most units are priced quite close to each other. With an IQR of RM 93.50 and MAD of RM 0, 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.