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
|
|
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Market Snapshot
ResidentialRM 480,000
RM 404 psfMedian transaction price
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsRatu 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.