Ratu Mutiara (Taman Ratu)

Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Property Transactions

34 subsales grouped by size

Median
RM 42,000
PSF
RM 59
700 sqft
LC Flat
RM 42,000
Level 1
710 sqft · RM 59 PSF
RM 42,000
Level 2
710 sqft · RM 59 PSF
RM 42,000
Level 4
710 sqft · RM 59 PSF
RM 42,000
Level 2
710 sqft · RM 59 PSF
RM 42,000
Level 1
710 sqft · RM 59 PSF
RM 42,000
Level 4
710 sqft · RM 59 PSF
1,000 sqft
Condo
RM 397,000
Level 3
990 sqft · RM 401 PSF
RM 480,000
Level 1
990 sqft · RM 485 PSF
1,200 sqft
Condo
RM 620,000
Level 6
1,206 sqft · RM 514 PSF
1,250 sqft
Condo
RM 450,000
Level 5
1,238 sqft · RM 364 PSF
RM 500,000
Level 12
1,238 sqft · RM 404 PSF
RM 590,000
Level 7
1,238 sqft · RM 477 PSF
RM 600,000
Level 9
1,238 sqft · RM 485 PSF
RM 499,000
Level 5
1,238 sqft · RM 403 PSF
34
transactions

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Market Snapshot

Residential

RM 42,000

RM 59 psf

Median transaction price

Ratu Mutiara (Taman Ratu)
© OpenStreetMap · CARTO

Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Maps

Ratu Mutiara (Taman Ratu) in Timur Laut, Penang recorded 34 subsale transactions between 2021 and 2026, with a median price of RM 42K and a median price per square foot (PSF) of RM 59.

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 low-cost flat, though some variety exists in the market.

For price per square foot, the median is RM 59, with most transactions between RM 59 and RM 59. The usual range is RM 0.00 to RM 243.50, showing that most units are priced quite close to each other. With an IQR of RM 369.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.