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

12 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
2,150 sqft
Semi-D
RM770,000
Jalan Raintree 1
2,153 sqft · RM358 PSF
RM695,000
Jalan Raintree 3
2,153 sqft · RM323 PSF
RM790,000
Jalan Raintree 1
2,153 sqft · RM367 PSF
RM745,000
Jalan Raintree 2
2,153 sqft · RM346 PSF
RM850,000
Jalan Raintree 4
2,153 sqft · RM395 PSF
RM684,000
Jalan Raintree 1
2,153 sqft · RM318 PSF
+5 more
2,950 sqft
Semi-D
RM830,000
Jalan Raintree 2
2,928 sqft · RM283 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM689,500

RM318 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 12 Double Storey Semi-D properties subsale transactions between 2021 and 2026, with a median price of RM690K and a median price per square foot (PSF) of RM318.

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 RM690K, with most transactions falling within a stable range of RM609K to RM770K, and a typical market range of RM632K to RM747K.

Within the Double Storey Semi-D category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.

The median PSF stands at RM318, with core pricing between RM282 and RM353. Market pricing typically extends from RM263.11 to RM372.36, reflecting moderate variation in unit pricing. With an IQR of RM109.25 and MAD of RM35, 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. Limited transaction history suggests carefully evaluating comparable sales data.