Ratu Mutiara (Taman Ratu)

Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Property Transactions

5 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM600,000
Level 19
1,324 sqft RM453 PSF
RM550,000
Level 21
1,324 sqft RM415 PSF
RM550,000
Level 20
1,324 sqft RM415 PSF
RM560,000
Level 9
1,324 sqft RM423 PSF
RM700,000
Level 15
1,324 sqft RM529 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM560,000

RM423 psf

Median transaction price

Ratu Mutiara (Taman Ratu)
© OpenStreetMap · CARTO

Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Maps

Ratu Mutiara (Taman Ratu) in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, sized between 1,275 and 1,324 sqft, with a median price of RM560K and a median price per square foot (PSF) of RM423.

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 RM560K, with most transactions falling within a stable range of RM550K to RM617K, and a typical market range of RM550K to RM633K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM423, with core pricing between RM380 and RM466. Market pricing typically extends from RM376.22 to RM469.72, reflecting moderate variation in unit pricing. With an IQR of RM93.50 and MAD of RM43, 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. Limited transaction history suggests carefully evaluating comparable sales data.