LIST

Penang, Timur Laut, Tanjung Bungah

RATU MUTIARA (TAMAN RATU)

Area Intelligence
2023
Median Price
RM 600,000
PSF: RM 485
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Residential PSF Trends

Median Price

RM 600,000

PSF: RM 485

RATU MUTIARA (TAMAN RATU) in Timur Laut, Penang recorded 5 subsale transactions in 2023, with a median price of RM 600K and a median price per square foot (PSF) of RM 485.

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 600K, with most transactions falling within a stable range of RM 545K to RM 650K, and a typical market range of RM 499K to RM 650K.

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

For price per square foot, the median is RM 485, with most transactions between RM 449 and RM 521. The usual range is RM 294.50 to RM 675.50, showing that most units are priced quite close to each other. With an IQR of RM 381.00 and MAD of RM 36, 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

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Transactions

5 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
1,250 sqft
Condo/Apartment
RM 590,000
Level 7
1,238 sqft · RM 477 PSF
RM 600,000
Level 9
1,238 sqft · RM 485 PSF
RM 499,000
Level 5
1,238 sqft · RM 403 PSF
1,300 sqft
Condo/Apartment
RM 650,000
Level 1
1,302 sqft · RM 499 PSF
RM 650,000
Level 15
1,302 sqft · RM 499 PSF

No Properties For Sale

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

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