LIST

Penang, Timur Laut, Tanjung Bungah

RATU MUTIARA (TAMAN RATU)

Area Intelligence
2024
Median Price
RM 490,000
PSF: RM 445
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Residential PSF Trends

Median Price

RM 490,000

PSF: RM 445

RATU MUTIARA (TAMAN RATU) in Timur Laut, Penang recorded 4 subsale transactions in 2024, with a median price of RM 490K and a median price per square foot (PSF) of RM 445.

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 490K, with most transactions falling within a stable range of RM 279K to RM 500K, and a typical market range of RM 239K to RM 500K.

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

Price per square foot shows a median of RM 445, though individual units vary from RM 260 to RM 629 in the core range. The broader market spans RM 254.00 to RM 635.00, indicating diverse property characteristics. A wider spread (IQR: RM 381.00) and deviation (MAD: RM 185) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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RATU MUTIARA (TAMAN RATU), Timur Laut, Penang

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Transactions

3 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
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
Clear
700 sqft
Low-Cost Flat
RM 42,000
Level 1
710 sqft · RM 59 PSF
1,000 sqft
Condo/Apartment
RM 480,000
Level 1
990 sqft · RM 485 PSF
1,250 sqft
Condo/Apartment
RM 500,000
Level 12
1,238 sqft · RM 404 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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