Penang
Timur Laut
Tanjung Bungah
RATU MUTIARA (TAMAN RATU)

RATU MUTIARA (TAMAN RATU)

Area Intelligence

Median Price

RM 595,000

PSF: RM 481

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Residential PSF Trends

Median Price

RM 595,000

PSF: RM 481

RATU MUTIARA (TAMAN RATU) in Timur Laut, Penang recorded 10 subsale transactions between 2021 and 2025, with a median price of RM 595K and a median price per square foot (PSF) of RM 481.

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 595K, with most transactions falling within a stable range of RM 533K to RM 657K, and a typical market range of RM 499K to RM 690K.

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

For price per square foot, the median is RM 481, with most transactions between RM 439 and RM 523. The usual range is RM 290.50 to RM 671.50, showing that most units are priced quite close to each other. With an IQR of RM 381.00 and MAD of RM 42, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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RATU MUTIARA (TAMAN RATU), Timur Laut, Penang

OSM

Track location

Transactions

10 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 500,000

Level 12

1,238 sqft • RM 404.00 PSF

Jun 2024

RM 690,000

Level 5

1,302 sqft • RM 530.00 PSF

May 2024

RM 590,000

Level 7

1,238 sqft • RM 477.00 PSF

Oct 2023

RM 600,000

Level 9

1,238 sqft • RM 485.00 PSF

Sep 2023

RM 650,000

Level 1

1,302 sqft • RM 499.00 PSF

Sep 2023

RM 499,000

Level 5

1,238 sqft • RM 403.00 PSF

Jun 2023

RM 650,000

Level 15

1,302 sqft • RM 499.00 PSF

Mar 2023

RM 620,000

Level 6

1,206 sqft • RM 514.00 PSF

Nov 2022

RM 560,000

Level 18

1,238 sqft • RM 452.00 PSF

Jun 2022

RM 540,000

Level 15

1,238 sqft • RM 436.00 PSF

Nov 2021

Road	Price	Land PSF	Land	Date	Type
Level 12	RM 500,000	RM 404.00	1,238 sqft	Jun 2024	Condo/Apartment
Level 5	RM 690,000	RM 530.00	1,302 sqft	May 2024	Condo/Apartment
Level 7	RM 590,000	RM 477.00	1,238 sqft	Oct 2023	Condo/Apartment
Level 9	RM 600,000	RM 485.00	1,238 sqft	Sep 2023	Condo/Apartment
Level 1	RM 650,000	RM 499.00	1,302 sqft	Sep 2023	Condo/Apartment
Level 5	RM 499,000	RM 403.00	1,238 sqft	Jun 2023	Condo/Apartment
Level 15	RM 650,000	RM 499.00	1,302 sqft	Mar 2023	Condo/Apartment
Level 6	RM 620,000	RM 514.00	1,206 sqft	Nov 2022	Condo/Apartment
Level 18	RM 560,000	RM 452.00	1,238 sqft	Jun 2022	Condo/Apartment
Level 15	RM 540,000	RM 436.00	1,238 sqft	Nov 2021	Condo/Apartment