The Waterfront (Ratu Mutiara)
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 18
|
RM 1,250,000
|
RM 430
|
2,906 sqft
|
|
|
Level 7
|
RM 1,080,000
|
RM 369
|
2,928 sqft
|
|
Kopitiam is the corner kopi shop where neighbours lepak, sembang, and catch up..
On List.my, every location also got one. The kaki you see lepak-ing around are real people checking out this same area right now.
Pull up a stool, be nice and chat anything about this location or more!
Every kopitiam is for one state only. You see everyone browsing that same state, live, and they see you too.
Whatever you say, everyone in this state's kopitiam sees it straight away.
You stay anonymous, no name or sign-in needed. Logged in? You can choose to show your name.
Promote your property to visitors of this page
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsThe Waterfront (Ratu Mutiara) in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 850K and a median price per square foot (PSF) of RM 417.
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 850K, with most transactions falling within a stable range of RM 610K to RM 1.09 million, and a typical market range of RM 600K to RM 1.10 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 417, with most transactions between RM 407 and RM 427. The usual range is RM 407.14 to RM 427.64, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 20.50 and an average deviation (MAD) of RM 10 indicate a highly stable PSF trend across properties.
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.