Ratu Mutiara (Taman Ratu)

Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Property Transactions

20 subsales grouped by size

Median
RM42,000
PSF
RM59
Price Size
Period
transactions middle 50% (P25–P75)
700 sqft
LC Flat
RM42,000
Level 1
710 sqft · RM59 PSF
RM42,000
Level 2
710 sqft · RM59 PSF
RM42,000
Level 1
710 sqft · RM59 PSF
RM42,000
Level 2
710 sqft · RM59 PSF
RM42,000
Level 4
710 sqft · RM59 PSF
RM42,000
Level 2
710 sqft · RM59 PSF
+14 more
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM42,000

RM59 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 20 Low-Cost Flat properties subsale transactions between 2021 and 2026, with a median price of RM42K and a median price per square foot (PSF) of RM59.

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

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

Within the Low-Cost Flat category, low-cost flat dominated the market, though some variety exists in the market.

For price per square foot, the median is RM59, with most transactions between RM59 and RM59. The usual range is RM0.00 to RM243.62, showing that most units are priced quite close to each other. With an IQR of RM369.00 and MAD of RM0, 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.