Raintree Park2
Villa Raintree II, Jalan Raintree, Kampung Cempedak, 14120 Simpang Ampat, Pulau Pinang, Malaysia
Villa Raintree II, Jalan Raintree, Kampung Cempedak, 14120 Simpang Ampat, Pulau Pinang, Malaysia
Selling in Raintree Park2? Homes here sold for a median of RM450,000.
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Raintree Park2
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 15
Market Snapshot
ResidentialRM450,000
RM237 psfMedian transaction price
Villa Raintree II, Jalan Raintree, Kampung Cempedak, 14120 Simpang Ampat, Pulau Pinang, Malaysia
MapsRaintree Park2 in Seberang Perai Selatan, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,875 and 1,924 sqft, with a median price of RM450K and a median price per square foot (PSF) of RM237.
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 RM450K, with most transactions falling within a stable range of RM400K to RM500K, and a typical market range of RM400K to RM500K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM237, with core pricing between RM212 and RM262. Market pricing typically extends from RM186.39 to RM288.39, reflecting moderate variation in unit pricing. With an IQR of RM102.00 and MAD of RM25, 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.