Ratu Mutiara (Taman Ratu)
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM42,000
|
RM59
|
710 sqft
|
|
|
|
Level 3
|
RM42,000
|
RM59
|
710 sqft
|
|
|
|
Level 4
|
RM42,000
|
RM59
|
710 sqft
|
|
|
|
Level 5
|
RM42,000
|
RM59
|
710 sqft
|
|
|
|
Level 2
|
RM42,000
|
RM59
|
710 sqft
|
|
|
|
Level 3
|
RM42,000
|
RM59
|
710 sqft
|
|
Selling in Ratu Mutiara (Taman Ratu)? Homes here sold for a median of RM42,000.
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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 Tanjung Bungah
Market Snapshot
ResidentialRM42,000
RM59 psfMedian transaction price
Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsRatu Mutiara (Taman Ratu) in Timur Laut, Penang recorded 11 subsale transactions in 2021, 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. The median price is RM42K, with most transactions falling within a stable range of RM42K to RM185K, and a typical market range of RM42K to RM286K.
Most transactions involved low-cost flat, though some variety exists in the market.
Price per square foot shows a median of RM59, though individual units vary from RM0 to RM168 in the core range. The broader market spans RM0.00 to RM243.62, indicating diverse property characteristics. A wider spread (IQR: RM369.00) and deviation (MAD: RM108) indicate significant PSF variations, likely due to diverse property types or conditions.
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.