Ratu Mutiara (Taman Ratu)

Ratu Mutiara, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Property Transactions

11 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 3
710 sqft · RM59 PSF
RM42,000
Level 4
710 sqft · RM59 PSF
RM42,000
Level 5
710 sqft · RM59 PSF
RM42,000
Level 2
710 sqft · RM59 PSF
RM42,000
Level 3
710 sqft · RM59 PSF
+4 more
1,250 sqft
Condo
RM540,000
Level 15
1,238 sqft · RM436 PSF
Legend Recent Highest Price Highest PSF

Selling in Ratu Mutiara (Taman Ratu)? Homes here sold for a median of RM42,000.

Free to list, about two minutes, and the buyers reading this page will see it.

List your property free

Posts about Ratu Mutiara (Taman Ratu)

What’s happening in Ratu Mutiara (Taman Ratu)?

No posts about Ratu Mutiara (Taman Ratu) yet. Be the first to share what’s happening here.

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 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.