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THE WATERFRONT (RATU MUTIARA)

Timur Laut, Pulau Pinang · High-rise / strata · 5 recorded sales, Sep 2023 to May 2026

Thinly traded · 1 sale in 12 monthsCondominium/Apartment · 5
RM 417psf median, against built-up area · 5 priced sales
Not matched to a map location. NAPIC publishes no coordinates, so a project is placed by matching its name against OpenStreetMap; this one has no match yet. Every price on this page is unaffected.

The record

Middle half (25th–75th)
RM 410 – 430 psf
Median price
RM 1,080,000
Price range
RM 600k – RM 1.37m
Built-up area
1,464 – 2,928 sq ft

Median of 5 sales that carry a usable area, out of 5 on record. Half the sales fell inside the middle-half band; half did not.

Liquidity

1 sale in the 12 months to May 2026. Last on record: 12 May 2026.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20231 · RM 430 psf
20243 · RM 410 psf
20261 · RM 471 psf

Quarterly medians · not a price trend

3844324812023 Q3 — RM 430 psf, 1 sale2024 Q1 — RM 410 psf, 1 sale2024 Q3 — RM 393 psf, 2 sales2026 Q2 — RM 471 psf, 1 sale
2023 Q32026 Q2
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for high-rise / strata in Pulau Pinang long or clean enough to state a direction, so this page states none.

Distribution · 5 priced sales

RM 372–379 psf — 1 saleRM 379–386 psf — 0 salesRM 386–393 psf — 0 salesRM 393–400 psf — 0 salesRM 400–406 psf — 0 salesRM 406–413 psf — 1 saleRM 413–420 psf — 1 saleRM 420–427 psf — 0 salesRM 427–434 psf — 1 saleRM 434–441 psf — 0 salesRM 441–448 psf — 0 salesRM 448–454 psf — 0 salesRM 454–461 psf — 0 salesRM 461–468 psf — 1 sale
RM 372RM 468 psf

Each bar counts sales in a RM 7 psf band, measured against built-up area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 5 of 5

DateTypeFloorArea (sq ft)PricepsfTenure
12 May 2026Condominium/Apartment82,906RM 1,370,000471Freehold
25 Sep 2024Condominium/Apartment81,485RM 620,000417Freehold
22 Aug 2024Condominium/Apartment72,928RM 1,080,000369Freehold
7 Mar 2024Condominium/Apartment41,464RM 600,000410Freehold
7 Sep 2023Condominium/Apartment182,906RM 1,250,000430Freehold

Others in Timur Laut · high-rise / strata

BANDAR BARU AIR ITAM
RM 292 psf · 284 sales
TAMAN TERUBONG INDAH
RM 243 psf · 236 sales
GREEN GARDEN - MK. 13
RM 325 psf · 227 sales
FLAT RIFLE RANGE
RM 186 psf · 153 sales
SRI SAUJANA-MACALLUM
RM 387 psf · 146 sales
SKYRIDGE GARDEN
RM 630 psf · 141 sales
THE RISE COLLECTION 1
RM 104 psf · 139 sales
TAMAN TERUBONG JAYA
RM 263 psf · 135 sales

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: built-up area. Nothing here is a valuation.