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The Waterfront (Ratu Mutiara)

Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM1,080,000
PSF
RM417
Group by
Size List
Period
transactions middle 50% (P25–P75)
1,450 sqft
Condo
RM600,000
Level 4
1,464 sqft · RM410 PSF
1,500 sqft
Condo
RM620,000
Level 8
1,485 sqft · RM417 PSF
2,900 sqft
Condo
RM1,370,000
Level 8
2,906 sqft · RM471 PSF
RM1,250,000
Level 18
2,906 sqft · RM430 PSF
2,950 sqft
Condo
RM1,080,000
Level 7
2,928 sqft · RM369 PSF
Legend Recent Highest Price Highest PSF

Selling in The Waterfront (Ratu Mutiara)? Homes here sold for a median of RM1,080,000.

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Nearby areas in 17

Feringgi Residence

105 txns · RM860,000

105RM860,000
RM570—

Ratu Mutiara (Taman Ratu)

31 txns · RM520,000

31RM520,000
RM504−4.5%

Eden Ferringhi Resort

12 txns · RM935,000

12RM935,000
RM357—

Bayu Emas

6 txns · RM350,000

6RM350,000
RM434—

Tropika Ferringhi

6 txns · RM1,800,000

6RM1,800,000
RM561—

The Waterfront (Ratu Mutiara)

5 txns · RM1,080,000

5RM1,080,000
RM417—

The Straits Regency

4 txns · RM682,500

4RM682,500
RM422—

Ferringhi Residence 2

4 txns · RM979,000

4RM979,000
RM654—

Ferringhi Residence

2 txns · RM710,000

2RM710,000
RM521—

Feringghi Park

2 txns · RM1,621,000

2RM1,621,000
RM618—

Beverly Hills

2 txns · RM2,800,000

2RM2,800,000
RM364—

Feringghi Hills

1 txns · RM1,880,000

1RM1,880,000
RM624—

Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 17

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Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Maps

The Waterfront in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM1.08 million and a median price per square foot (PSF) of RM417.

Nothing is listed in The Waterfront (Ratu Mutiara) right now. Browse properties for sale in 17 and properties for rent in 17 nearby, then use the 5 sales recorded here to judge whether an asking price is fair.

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 RM1.08 million, with most transactions falling within a stable range of RM790K to RM1.37 million, and a typical market range of RM765K to RM1.37 million.

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

For price per square foot, the median is RM417, with most transactions between RM404 and RM430. The usual range is RM407.39 to RM427.39, showing that most units are priced quite close to each other. A typical spread (IQR) of RM20.00 and an average deviation (MAD) of RM13 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.