Penang
Timur Laut
Tanjung Bungah
RATU MUTIARA (TAMAN RATU)

Area Intelligence

Tanjung Bungah, Timur Laut, Penang

RATU MUTIARA (TAMAN RATU)

32 properties

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Median Price

RM 42,000

PSF: RM 59

Residential Market

Median Price

RM 42,000

IQR: RM 381

RM 59 PSF 96.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Condo/Apartment

35 properties

Median Price

RM 550,000

+0.5% CAGR

Median PSF

RM 497.50

-1.2% CAGR

Low-Cost Flat

21 properties

Median Price

RM 42,000

Median PSF

RM 59.00

Double Storey Semi-D

1 properties

Median Price

RM 1,980,000

Median PSF

RM 686.00

Double Storey Terraced

1 properties

Median Price

RM 1,050,000

Median PSF

RM 768.00

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
Condo/Apartment	35	RM 550,000 ±10K MAD	+0.46%	RM 497.50 ±17 MAD	-1.23%
Low-Cost Flat	21	RM 42,000	-	RM 59.00	-
Double Storey Semi-D	1	RM 1,980,000	-	RM 686.00	-
Double Storey Terraced	1	RM 1,050,000	-	RM 768.00	-

RATU MUTIARA (TAMAN RATU) in Timur Laut, Penang recorded 32 subsale transactions between 2021 and 2025, with a median price of RM 42K and a median price per square foot (PSF) of RM 59.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved low-cost flat, though some variety exists in the market.

For price per square foot, the median is RM 59, with most transactions between RM 59 and RM 59. The usual range is RM 0.00 to RM 249.50, showing that most units are priced quite close to each other. With an IQR of RM 381.00 and MAD of RM 0, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

Area Location

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RATU MUTIARA (TAMAN RATU), Timur Laut, Penang

OSM

Filter by type, year, price, and size

Property Type

All Types Condo/Apartment Low-Cost Flat

Year

All Years 2024 2023 2022 2021

Min Price

Max Price

Min Size (sqft)

Max Size (sqft)

Transactions

32 properties found

View:

Grouped Individual

Condo/Apartment

RM 480,000

990 sqft Nov 2024

RM 485.00 PSF

Condo/Apartment

RM 500,000

1,238 sqft Jun 2024

RM 404.00 PSF

Condo/Apartment

RM 690,000

1,302 sqft May 2024

RM 530.00 PSF

Low-Cost Flat

RM 42,000

710 sqft Jan 2024

RM 59.00 PSF

Condo/Apartment

RM 1,200,000

3,046 sqft Dec 2023

RM 394.00 PSF

Condo/Apartment

RM 590,000

1,238 sqft Oct 2023

RM 477.00 PSF

Condo/Apartment

RM 600,000

1,238 sqft Sep 2023

RM 485.00 PSF

Condo/Apartment

RM 650,000

1,302 sqft Sep 2023

RM 499.00 PSF

Condo/Apartment

RM 499,000

1,238 sqft Jun 2023

RM 403.00 PSF

Condo/Apartment

RM 650,000

1,302 sqft Mar 2023

RM 499.00 PSF

Condo/Apartment

RM 620,000

1,206 sqft Nov 2022

RM 514.00 PSF

Low-Cost Flat

RM 42,000

710 sqft Oct 2022

RM 59.00 PSF

Low-Cost Flat

RM 42,000

710 sqft Sep 2022

RM 59.00 PSF

Low-Cost Flat

RM 42,000

710 sqft Sep 2022

RM 59.00 PSF

Low-Cost Flat

RM 42,000

710 sqft Sep 2022

RM 59.00 PSF

Condo/Apartment

RM 560,000

1,238 sqft Jun 2022

RM 452.00 PSF

Low-Cost Flat

RM 42,000

710 sqft Jun 2022

RM 59.00 PSF

Low-Cost Flat

RM 42,000

710 sqft Jun 2022

RM 59.00 PSF

Low-Cost Flat

RM 42,000

710 sqft Jun 2022

RM 59.00 PSF

Low-Cost Flat

RM 42,000

710 sqft Mar 2022

RM 59.00 PSF

Low-Cost Flat

RM 42,000

710 sqft Mar 2022

RM 59.00 PSF

Low-Cost Flat

RM 42,000

710 sqft Dec 2021

RM 59.00 PSF

Low-Cost Flat

RM 42,000

710 sqft Dec 2021

RM 59.00 PSF

Low-Cost Flat

RM 42,000

710 sqft Dec 2021

RM 59.00 PSF

Low-Cost Flat

RM 42,000

710 sqft Dec 2021

RM 59.00 PSF

Low-Cost Flat

RM 42,000

710 sqft Nov 2021

RM 59.00 PSF

Condo/Apartment

RM 540,000

1,238 sqft Nov 2021

RM 436.00 PSF

Low-Cost Flat

RM 42,000

710 sqft Nov 2021

RM 59.00 PSF

Low-Cost Flat

RM 42,000

710 sqft Nov 2021

RM 59.00 PSF

Low-Cost Flat

RM 42,000

710 sqft Oct 2021

RM 59.00 PSF

Low-Cost Flat

RM 42,000

710 sqft Oct 2021

RM 59.00 PSF

Low-Cost Flat

RM 42,000

710 sqft Oct 2021

RM 59.00 PSF

Type	Price	PSF	Area	Date
Condo/Apartment	RM 480,000	RM 485.00	990 sqft	Nov 2024
Condo/Apartment	RM 500,000	RM 404.00	1,238 sqft	Jun 2024
Condo/Apartment	RM 690,000	RM 530.00	1,302 sqft	May 2024
Low-Cost Flat	RM 42,000	RM 59.00	710 sqft	Jan 2024
Condo/Apartment	RM 1,200,000	RM 394.00	3,046 sqft	Dec 2023
Condo/Apartment	RM 590,000	RM 477.00	1,238 sqft	Oct 2023
Condo/Apartment	RM 600,000	RM 485.00	1,238 sqft	Sep 2023
Condo/Apartment	RM 650,000	RM 499.00	1,302 sqft	Sep 2023
Condo/Apartment	RM 499,000	RM 403.00	1,238 sqft	Jun 2023
Condo/Apartment	RM 650,000	RM 499.00	1,302 sqft	Mar 2023
Condo/Apartment	RM 620,000	RM 514.00	1,206 sqft	Nov 2022
Low-Cost Flat	RM 42,000	RM 59.00	710 sqft	Oct 2022
Low-Cost Flat	RM 42,000	RM 59.00	710 sqft	Sep 2022
Low-Cost Flat	RM 42,000	RM 59.00	710 sqft	Sep 2022
Low-Cost Flat	RM 42,000	RM 59.00	710 sqft	Sep 2022
Condo/Apartment	RM 560,000	RM 452.00	1,238 sqft	Jun 2022
Low-Cost Flat	RM 42,000	RM 59.00	710 sqft	Jun 2022
Low-Cost Flat	RM 42,000	RM 59.00	710 sqft	Jun 2022
Low-Cost Flat	RM 42,000	RM 59.00	710 sqft	Jun 2022
Low-Cost Flat	RM 42,000	RM 59.00	710 sqft	Mar 2022
Low-Cost Flat	RM 42,000	RM 59.00	710 sqft	Mar 2022
Low-Cost Flat	RM 42,000	RM 59.00	710 sqft	Dec 2021
Low-Cost Flat	RM 42,000	RM 59.00	710 sqft	Dec 2021
Low-Cost Flat	RM 42,000	RM 59.00	710 sqft	Dec 2021
Low-Cost Flat	RM 42,000	RM 59.00	710 sqft	Dec 2021
Low-Cost Flat	RM 42,000	RM 59.00	710 sqft	Nov 2021
Condo/Apartment	RM 540,000	RM 436.00	1,238 sqft	Nov 2021
Low-Cost Flat	RM 42,000	RM 59.00	710 sqft	Nov 2021
Low-Cost Flat	RM 42,000	RM 59.00	710 sqft	Nov 2021
Low-Cost Flat	RM 42,000	RM 59.00	710 sqft	Oct 2021
Low-Cost Flat	RM 42,000	RM 59.00	710 sqft	Oct 2021
Low-Cost Flat	RM 42,000	RM 59.00	710 sqft	Oct 2021