Ratu Mutiara (Taman Ratu)
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
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Market Snapshot
ResidentialRM 423,500
RM 383 psfMedian transaction price
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsRatu Mutiara (Taman Ratu) in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 424K and a median price per square foot (PSF) of RM 383.
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 424K, with most transactions falling within a stable range of RM 397K to RM 450K, and a typical market range of RM 397K to RM 450K.
Most transactions involved low-cost flat, though some variety exists in the market.
For price per square foot, the median is RM 383, with most transactions between RM 364 and RM 401. The usual range is RM 198.00 to RM 567.00, showing that most units are priced quite close to each other. With an IQR of RM 369.00 and MAD of RM 19, 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. Limited transaction history suggests carefully evaluating comparable sales data.