17 Houses for Sale at Marina Tower (Ratu Mutiara), Tanjung Bungah, Penang
Marina Tower (also called Ratu Mutiara) is an alluring beach front, freehold condominium situated in Tanjung Bungah, Timor Laut (Island), Penang . Its developer is Taman Ratu Sdn Bhd, a popular Pulau Pinang-based property development and it’s completion took place in the year 2008. The property offers 208 condo units in total, spanning over its three blocks. One of the blocks is 3-storey while the other 2 are high-rise, each standing 23-storey high. The units come in three distinct layouts with built-ups ranging from 1,050 sf to 2,700 sf. There are many condo facilities inside Marina Tower (Ratu Mutiara), and they include a table tennis room, BBQ area, gymnasium, jogging track, game room, sauna, playground, squash court, wading pool, swimming pool, mini-market and a kindergarten. The hilly location of the property enables its residents to enjoy scenic views of the sea as well as the surrounding lush green landscape. Although there are just a few amenities within the immediate neighborhood of the property, most of them are within a short drive from the condominium. Accessing them isn’t a hassle since the property is well connected to the nearby established neighborhoods (where most of them are found) through Jalan Tanjung Bungah. This road used to experience heavy traffic congestion, but nowadays, the situation has improved after some parts of it were widened. Although the condo is a bit far for people who work in George Town or Bayan Lepas, it’s very convenient for those who work from home, thanks to its tranquility. When one is having some free time, the beautiful sights of the north coast of Penang Island will blow the mind away. Considering that the property stands on a hilly place, its occupants enjoy the beautiful view of the sea as well as the nearby forest. Besides, it has so many amenities that define a modern and convenient lifestyle. If you’ve been looking forward to living in a distinctively designed condo that combines top-notch luxury living and modern-day convenience in Penang, you are unlikely to go wrong with Marina Tower. The facilities featured in Marina Tower include a badminton hall, table tennis room, BBQ area, gymnasium, jogging track, game room, sauna, playground, squash court, wading pool and a swimming pool. There’s also a mini-market, kindergarten, landscaped garden, community hall, car park, and a lounge. Additionally, the condominium is guarded with 24-hour security complemented by an intercom system. Marina Tower (Ratu Mutiara) is accessible through Jalan Tanjung Bungah and Jalan Batu Ferringhi. Although it is located in the outskirts of the town, there are many amenities that are within a short drive from it. These amenities include Island Plaza, bistros and diners. Schools such as schools like SK Tanjung Bunga, Dalat International School, SMK Pendidikan Khas Persekutuan (P), Spk Persekutuan (P), SJK(C) Poay Wah and SJKC Pai Chai are within a 1km radius from the condominium property. When it comes to healthcare services, Klinik Kesihatan Tanjung Bungah is 0.25km away from the project while Klinik Pergigian Tanjung Bungah 1.93km away. Occupying 5 acres of a freehold piece of land, Marina Tower (Ratu Mutiara) has three condo blocks in total. One of the blocks is low-rise with 5 storeys only while the remaining two are high-rises, each with 23 storeys in total. All the three blocks house 208 units in total, with each floor in the low-rise block having 6 units while a floor in the high-rise blocks hosts 8 units. The units feature three distinct layouts namely, Standard Type 1, Standard Type 2 and Penthouse. A Standard Type 1 unit comes with two bedrooms and one bathroom and has a total built-up area of 1,050 sf. A Standard Type 2 unit is a three-bedroom with two bathroom and total built-up area of 1,350 sf. On the other hand, a penthouse unit comes with five bedrooms and three bathrooms and a total built-up size of 2,700 sf. currently, the sale price per unit ranges from RM 460,000 to RM 980,000 while the maintenance fee is RM0.20 psf. Marina Tower was completed in the year 2008 and its launch prices started from RM 230,000.Project Name: Marina Tower (Ratu Mutiara)Configuration: 208 residential unitsThe following developments are in the same neighbourhood as Marina Tower (Ratu Mutiara):The Tamarind @ Seri Tanjung PinangMarinox Sky VillasQuaysideAll Seasons ParkSkyview ResidenceMira Residence
Explore iProperty
Marina Tower (Ratu Mutiara) is a freehold condominium in Tanjung Bungah, Penang. There are currently 19 listing(s) available for sale on iProperty Malaysia. The listings start from RM500K for units with 1,200 sqft.
You can search for other projects within Tanjung Bungah such as Cara Vista, Tiara View, and Infinity Beachfront Condominium. Find your ideal properties, contact verified agents, and compare prices only with iProperty Malaysia.
The iProperty Take on Buying Marina Tower (Ratu Mutiara)
Roughly 3 in 100 property searches in Tanjung Bungah over the last 30 days were for Marina Tower (Ratu Mutiara). There are 16 total units available for sale at this project. Asking prices for 3-Bedroom units are well below the Tanjung Bungah average for that configuration. The single 2-Bedroom unit currently listed represents just 1 of the 16 units currently available, a reflection of its rarity rather than a shift in the wider market.
Developer & Launch
Marina Tower (Ratu Mutiara) is a Condominium located in Tanjung Bungah. The project reached completion in 1998.
This Freehold development consists of 208 units across 3 buildings. Unit configurations include Unit2BedUnit 2DR with 2 bedrooms starting from 1,050 sq ft and Unit3BedUnit 3DR with 3 bedrooms starting from 1,350 sq ft.
Top Amenities & Facilities at Marina Tower (Ratu Mutiara)
Marina Tower (Ratu Mutiara) provides a selection of essential facilities designed to support the daily needs and recreational activities of its residents.
- Swimming pool
- Playground
- Badminton hall
- BBQ
- Covered car park
Pricing by Unit Type
- 2-Bedroom
- Average asking price: RM 500K
- Asking PSF: RM 526 psf
- vs. Tanjung Bungah avg. PSF: RM 540 psf (2.47% below average)
- Positioning: Fair value.
- Listings: 1
- 3-Bedroom
- Average asking price: RM 591K
- Asking PSF: RM 461 psf
- vs. Tanjung Bungah avg. PSF: RM 652 psf (29.31% below average)
- Positioning: Below average.
- Listings: 18
Neighbourhood at a Glance
Marina Tower (Ratu Mutiara) is located within reach of local dining and essential services in Tanjung Bungah, with Mak Lan Nasi Campur situated 89 m from the property. Buyers can reference the following verified locations and travel times for a factual overview of the surrounding area.
- TRANSPORT: Grand Ocean Condominium Bus Stop, 541 m (6 minutes walking distance)
- HEALTHCARE: Tanjung Bungah Pharmacy, 807 m (10 minutes walking distance)
- EDUCATION: Sjk (Cina) Poay Wah, 1.2 km (15 minutes walking distance)
- FOOD & BEVERAGE: Mak Lan Nasi Campur, 89 m (1 minute walking distance)
- CONVENIENCE STORE: Alpha Mart, 634 m (8 minutes walking distance)
Past Transaction & Price Insights
Marina Tower (Ratu Mutiara) recorded historical transactions from 2023 to 2026 with a median price of RM460 PSF. The typical range for these transactions was between RM399 PSF and RM488 PSF.
The price per square foot for the project saw a decline of -17.81% during this period.
Who It's For
Young Families
On-site facilities including a gym, playground, and wading pool provide space for children to play, while 24-hour security offers a safer environment for residents. Sjk (Cina) Poay Wah is a 15-minute walk away, a distance of 1.2 km that simplifies the daily school run. For those seeking a long-term home, 2-Bedroom units are priced in line with the Tanjung Bungah average, while 3-Bedroom units are well below the Tanjung Bungah average.
Ready to Make Your Move?
19 homes are currently for sale at Marina Tower (Ratu Mutiara), starting from RM495,000. See what's currently on the market and compare layouts side by side.
This copy was published on 25 September 2026.
















