Raintree Park2

Villa Raintree II, Jalan Raintree, Kampung Cempedak, 14120 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

8 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM450,000
Level 1
1,629 sqft RM276 PSF
RM539,000
Level G
1,629 sqft RM331 PSF
RM539,000
Level 1
1,629 sqft RM331 PSF
RM523,000
Level 1
1,629 sqft RM321 PSF
RM500,000
Level 1
1,629 sqft RM307 PSF
RM420,000
Level 1
1,629 sqft RM258 PSF
RM439,000
Level 1
1,629 sqft RM269 PSF
RM495,000
Level 1
1,629 sqft RM304 PSF
Legend Recent Highest Price Highest PSF

Selling in Raintree Park2? Homes here sold for a median of RM497,500.

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Market Snapshot

Residential

RM497,500

RM305 psf

Median transaction price

Raintree Park2
© OpenStreetMap · CARTO

Villa Raintree II, Jalan Raintree, Kampung Cempedak, 14120 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Raintree Park2 in Seberang Perai Selatan, Penang recorded 8 subsale transactions between 2021 and 2026, sized between 1,625 and 1,674 sqft, with a median price of RM498K and a median price per square foot (PSF) of RM305.

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 RM498K, with most transactions falling within a stable range of RM454K to RM539K, and a typical market range of RM422K to RM539K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM305, with most transactions between RM279 and RM332. The usual range is RM254.36 to RM356.36, showing that most units are priced quite close to each other. With an IQR of RM102.00 and MAD of RM27, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.