Ratu Mutiara (Taman Ratu)
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
| LIST.MY · Ratu Mutiara (Taman Ratu) | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2024 | |||||
|
Level 17
|
RM538,000
|
RM510
|
1,055 sqft
|
|
Condo |
| 2023 | |||||
|
Level 6
|
RM555,000
|
RM526
|
1,055 sqft
|
|
Condo |
| 2022 | |||||
|
Level 23
|
RM570,000
|
RM540
|
1,055 sqft
|
|
Condo |
Selling in Ratu Mutiara (Taman Ratu)? Homes here sold for a median of RM555,000.
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Nearby areas in 17
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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
ResidentialRM555,000
RM526 psfMedian transaction price
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsRatu Mutiara (Taman Ratu) in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 1,025 and 1,074 sqft, with a median price of RM555K and a median price per square foot (PSF) of RM526.
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 RM555K, with most transactions falling within a stable range of RM542K to RM568K, and a typical market range of RM538K to RM570K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM526, with most transactions between RM514 and RM539. The usual range is RM479.39 to RM572.89, showing that most units are priced quite close to each other. With an IQR of RM93.50 and MAD of RM12, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.