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)
RM430,000
Level 7
807 sqft RM533 PSF
RM480,000
Level 27
807 sqft RM595 PSF
RM380,000
Level 20
807 sqft RM471 PSF
RM465,000
Level 8
807 sqft RM576 PSF
RM390,000
Level 16
807 sqft RM483 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM430,000

RM533 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 775 and 824 sqft, with a median price of RM430K and a median price per square foot (PSF) of RM533.

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 RM430K, with most transactions falling within a stable range of RM390K to RM470K, and a typical market range of RM380K to RM480K.

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

For price per square foot, the median is RM533, with most transactions between RM484 and RM582. The usual range is RM485.90 to RM579.40, showing that most units are priced quite close to each other. With an IQR of RM93.50 and MAD of RM49, 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.