Ratu Mutiara (Taman Ratu)
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM 42,000
|
RM 59
|
710 sqft
|
|
|
|
Level 2
|
RM 42,000
|
RM 59
|
710 sqft
|
|
|
|
Level 4
|
RM 42,000
|
RM 59
|
710 sqft
|
|
|
|
Level 2
|
RM 42,000
|
RM 59
|
710 sqft
|
|
|
|
Level 1
|
RM 42,000
|
RM 59
|
710 sqft
|
|
|
|
Level 4
|
RM 42,000
|
RM 59
|
710 sqft
|
|
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Market Snapshot
ResidentialRM 42,000
RM 59 psfMedian transaction price
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsRatu Mutiara (Taman Ratu) in Timur Laut, Penang recorded 20 Low-Cost Flat properties subsale transactions between 2021 and 2026, with a median price of RM 42K and a median price per square foot (PSF) of RM 59.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Within the Low-Cost Flat category, low-cost flat dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 59, with most transactions between RM 59 and RM 59. The usual range is RM 0.00 to RM 243.62, showing that most units are priced quite close to each other. With an IQR of RM 369.00 and MAD of RM 0, 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. Moderate transaction volume may require patience when buying or selling.