Ratu Mutiara (Taman Ratu)

Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Property Transactions

7 subsales found

Median
RM540,000
PSF
RM436
Price Size
Period
transactions middle 50% (P25–P75)
RM450,000
Level 5
1,238 sqft RM364 PSF
RM500,000
Level 12
1,238 sqft RM404 PSF
RM590,000
Level 7
1,238 sqft RM477 PSF
RM600,000
Level 9
1,238 sqft RM485 PSF
RM499,000
Level 5
1,238 sqft RM403 PSF
RM560,000
Level 18
1,238 sqft RM452 PSF
RM540,000
Level 15
1,238 sqft RM436 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM540,000

RM436 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 7 subsale transactions between 2021 and 2026, sized between 1,225 and 1,274 sqft, with a median price of RM540K and a median price per square foot (PSF) of RM436.

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 RM540K, with most transactions falling within a stable range of RM490K to RM590K, and a typical market range of RM450K to RM600K.

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

For price per square foot, the median is RM436, with most transactions between RM396 and RM477. The usual range is RM251.74 to RM620.74, showing that most units are priced quite close to each other. With an IQR of RM369.00 and MAD of RM40, 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. Limited transaction history suggests carefully evaluating comparable sales data.