Ratu Mutiara (Taman Ratu)
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM 397,000
|
RM 401
|
990 sqft
|
|
|
|
Level 1
|
RM 480,000
|
RM 485
|
990 sqft
|
|
|
Level 5
|
RM 450,000
|
RM 364
|
1,238 sqft
|
|
|
|
Level 12
|
RM 500,000
|
RM 404
|
1,238 sqft
|
|
|
|
Level 7
|
RM 590,000
|
RM 477
|
1,238 sqft
|
|
|
|
Level 9
|
RM 600,000
|
RM 485
|
1,238 sqft
|
|
|
|
Level 5
|
RM 499,000
|
RM 403
|
1,238 sqft
|
|
|
|
Level 18
|
RM 560,000
|
RM 452
|
1,238 sqft
|
|
|
|
Level 15
|
RM 540,000
|
RM 436
|
1,238 sqft
|
|
|
Level 5
|
RM 690,000
|
RM 530
|
1,302 sqft
|
|
|
|
Level 1
|
RM 650,000
|
RM 499
|
1,302 sqft
|
|
|
|
Level 15
|
RM 650,000
|
RM 499
|
1,302 sqft
|
|
|
Level 22
|
RM 1,200,000
|
RM 394
|
3,046 sqft
|
|
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Market Snapshot
ResidentialRM 575,000
RM 465 psfMedian transaction price
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsRatu Mutiara (Taman Ratu) in Timur Laut, Penang recorded 14 Condo/Apartment properties subsale transactions between 2021 and 2026, with a median price of RM 575K and a median price per square foot (PSF) of RM 465.
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 575K, with most transactions falling within a stable range of RM 397K to RM 760K, and a typical market range of RM 397K to RM 819K.
Within the Condo/Apartment category, low-cost flat dominated the market, though some variety exists in the market.
The median PSF stands at RM 465, with core pricing between RM 414 and RM 515. Market pricing typically extends from RM 280.02 to RM 649.02, reflecting moderate variation in unit pricing. With an IQR of RM 369.00 and MAD of RM 51, 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.