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 8
|
RM650,000
|
RM554
|
1,173 sqft
|
|
Condo |
| 2023 | |||||
|
Level 26
|
RM610,000
|
RM520
|
1,173 sqft
|
|
Condo |
| 2022 | |||||
|
Level 11
|
RM608,000
|
RM518
|
1,173 sqft
|
|
Condo |
Selling in Ratu Mutiara (Taman Ratu)? Homes here sold for a median of RM610,000.
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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
ResidentialRM610,000
RM520 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 1,125 and 1,174 sqft, with a median price of RM610K and a median price per square foot (PSF) of RM520.
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 RM610K, with most transactions falling within a stable range of RM608K to RM629K, and a typical market range of RM608K to RM650K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM520, with most transactions between RM503 and RM536. The usual range is RM473.16 to RM566.66, showing that most units are priced quite close to each other. With an IQR of RM93.50 and MAD of RM16, 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.