The Waterfront (Ratu Mutiara)
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
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Selling in The Waterfront (Ratu Mutiara)? Homes here sold for a median of RM850,000.
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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
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsThe Waterfront (Ratu Mutiara) in Timur Laut, Penang recorded 0 subsale transactions in 2026, with a median price of RM850K and a median price per square foot (PSF) of RM414.
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 RM850K, with most transactions falling within a stable range of RM610K to RM1.09 million, and a typical market range of RM596K to RM1.10 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM414, with most transactions between RM404 and RM424. The usual range is RM403.25 to RM423.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM20.50 and an average deviation (MAD) of RM10 indicate a highly stable PSF trend across properties.
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.