Ratu Mutiara (Taman Ratu)
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM 397,000
|
RM 401
|
990 sqft
|
|
|
|
Level 1
|
RM 480,000
|
RM 485
|
990 sqft
|
|
|
Level 5
|
RM 450,000
|
RM 364
|
1,238 sqft
|
|
|
|
Level 12
|
RM 500,000
|
RM 404
|
1,238 sqft
|
|
|
|
Level 7
|
RM 590,000
|
RM 477
|
1,238 sqft
|
|
|
|
Level 9
|
RM 600,000
|
RM 485
|
1,238 sqft
|
|
|
|
Level 5
|
RM 499,000
|
RM 403
|
1,238 sqft
|
|
|
Level 5
|
RM 690,000
|
RM 530
|
1,302 sqft
|
|
|
|
Level 1
|
RM 650,000
|
RM 499
|
1,302 sqft
|
|
|
Level 22
|
RM 1,200,000
|
RM 394
|
3,046 sqft
|
|
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Market Snapshot
ResidentialRM 500,000
RM 404 psfMedian transaction price
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsRatu Mutiara (Taman Ratu) in Timur Laut, Penang recorded 11 subsale transactions between 2021 and 2026, with a median price of RM 500K and a median price per square foot (PSF) of RM 404.
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 500K, with most transactions falling within a stable range of RM 238K to RM 762K, and a typical market range of RM 256K to RM 744K.
Most transactions involved low-cost flat, though some variety exists in the market.
Price per square foot shows a median of RM 404, though individual units vary from RM 282 to RM 526 in the core range. The broader market spans RM 219.43 to RM 588.43, indicating diverse property characteristics. A wider spread (IQR: RM 369.00) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.