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

29 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
1,650 sqft
2-Sty Terrace
RM530,000
Jalan Raintree 4
1,658 sqft · RM320 PSF
1,900 sqft
2-Sty Terrace
RM498,000
Jalan Raintree 4
1,884 sqft · RM264 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM530,000

RM323 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 29 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM530K and a median price per square foot (PSF) of RM323.

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 RM530K, with most transactions falling within a stable range of RM481K to RM579K, and a typical market range of RM472K to RM588K.

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

The median PSF stands at RM323, with core pricing between RM290 and RM356. Market pricing typically extends from RM268.68 to RM377.93, reflecting moderate variation in unit pricing. With an IQR of RM109.25 and MAD of RM33, 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.