Ratu Mutiara (Taman Ratu)

Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM 480,000
PSF
RM 404
Price Size
Period
transactions middle 50% (P25–P75)
1,000 sqft
Condo
RM 397,000
Level 3
990 sqft · RM 401 PSF
RM 480,000
Level 1
990 sqft · RM 485 PSF
1,250 sqft
Condo
RM 450,000
Level 5
1,238 sqft · RM 364 PSF
RM 500,000
Level 12
1,238 sqft · RM 404 PSF
1,300 sqft
Condo
RM 690,000
Level 5
1,302 sqft · RM 530 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 480,000

RM 404 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 5 subsale transactions between 2021 and 2026, with a median price of RM 480K 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 480K, with most transactions falling within a stable range of RM 397K to RM 580K, and a typical market range of RM 397K to RM 690K.

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

The median PSF stands at RM 404, with core pricing between RM 343 and RM 465. Market pricing typically extends from RM 219.43 to RM 588.43, reflecting moderate variation in unit pricing. The spread of RM 369.00 (IQR) and deviation of RM 61 (MAD) suggest moderate price variations reflecting different property features.

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.