Marina Tower, Ratu Mutiara

  • Property Type
    Condominium/Apartment
  • Tenure
    Freehold
  • Street Name
    Persiaran Tanjung Bungah
  • District / Planning Area
    Tanjung Bungah
  • Completion
    1998
About Marina Tower, Ratu Mutiara

Marina Tower, Ratu Mutiara is a freehold non-landed project situated in the neighbourhood of Tanjung Bungah in Pulau Pinang. It is surrounded by several developments such as Coastal Tower, Mar Vista Resort, The Waterfront Condominium, Strait Regency and Bolton Surin. Marina Tower was developed by Taman Ratu Sdn Bhd. There are three blocks of 5 and 23-storey buildings with total of 208 units. The built-up space is ranging from 807 sq. ft. to 2,949 sq. ft. Amenities available at this apartment includes 24-hour security, swimming pool, sauna, park and garden, BBQ area, gymnasium, multi-purpose hall, mini market, and table tennis room. This project is accessible via several major roads, namely Jalan Tanjung Bungah and Jalan Batu Ferringhi.

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Profitable Transactions (Limited to 5 Total of 4 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
18 Dec 0619 Apr 141,206 ft²589209465,00015.6
05 Jul 1330 Dec 131,173 ft²648473205,00090.5
20 Jun 1213 Sep 13990 ft²53049040,0006.6
03 Jan 1230 Apr 121,173 ft²486384120,000107.8

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed.

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