Ratu Mutiara (Taman Ratu)

Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM 423,500
PSF
RM 383
Price Size
1,000 sqft
Condo
RM 397,000
Level 3
990 sqft · RM 401 PSF
1,250 sqft
Condo
RM 450,000
Level 5
1,238 sqft · RM 364 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

Residential

RM 423,500

RM 383 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 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.