Raintree Park 1

6, Jalan Raintree 1, Villa Raintree 1, Raintree Park, 1, Villa Raintree 1, Bandar Tasek Mutiara, 14120 Simpang Ampat, Penang, Malaysia

Property Transactions

27 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
1,600 sqft
2-Sty Terrace
RM580,000
Jalan Raintree 1
1,615 sqft · RM359 PSF
RM614,000
Jalan Raintree 1
1,615 sqft · RM380 PSF
RM600,000
Jalan Raintree 1
1,615 sqft · RM372 PSF
RM498,000
Jalan Raintree 1
1,615 sqft · RM308 PSF
RM590,000
Jalan Raintree 3
1,615 sqft · RM365 PSF
RM540,000
Jalan Raintree 3
1,615 sqft · RM334 PSF
+21 more
Legend Recent Highest Price Highest PSF

Selling in Raintree Park 1? Homes here sold for a median of RM531,000.

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Market Snapshot

Residential

RM531,000

RM329 psf

Median transaction price

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6, Jalan Raintree 1, Villa Raintree 1, Raintree Park, 1, Villa Raintree 1, Bandar Tasek Mutiara, 14120 Simpang Ampat, Penang, Malaysia

Maps

Raintree Park 1 in Seberang Perai Selatan, Penang recorded 27 subsale transactions between 2021 and 2026, sized between 1,575 and 1,624 sqft, with a median price of RM531K and a median price per square foot (PSF) of RM329.

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 RM531K, with most transactions falling within a stable range of RM480K to RM582K, and a typical market range of RM473K to RM589K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM329, with most transactions between RM298 and RM360. The usual range is RM274.26 to RM383.51, showing that most units are priced quite close to each other. With an IQR of RM109.25 and MAD of RM31, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Moderate transaction volume may require patience when buying or selling.