Ratu Mutiara (Taman Ratu)
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
| Price | PSF | Size | Date | Type |
|---|
|
RM1,050,000
|
RM412
|
2,551 sqft
|
|
Selling in Ratu Mutiara (Taman Ratu)? Homes here sold for a median of RM538,000.
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PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 17
Market Snapshot
ResidentialRM538,000
RM518 psfMedian transaction price
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsRatu Mutiara (Taman Ratu) in Timur Laut, Penang recorded 27 subsale transactions between 2021 and 2026, with a median price of RM538K and a median price per square foot (PSF) of RM510.
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 RM538K, with most transactions falling within a stable range of RM466K to RM610K, and a typical market range of RM466K to RM611K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM510, with most transactions between RM463 and RM557. The usual range is RM463.27 to RM556.77, showing that most units are priced quite close to each other. With an IQR of RM93.50 and MAD of RM47, 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. Moderate transaction volume may require patience when buying or selling.