Area Intelligence

RAINTREE PARK 1

12 properties
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Median Price
RM 661,500
PSF: RM 307

Residential Market

Median Price

RM 661,500

IQR: RM 111
MAD: RM 42
RM 307 PSF 1.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

RAINTREE PARK 1 in Seberang Perai Selatan, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 662K and a median price per square foot (PSF) of RM 307.

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 RM 662K, with most transactions falling within a stable range of RM 577K to RM 746K, and a typical market range of RM 608K to RM 715K.

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

The median PSF stands at RM 307, with core pricing between RM 268 and RM 346. Market pricing typically extends from RM 251.50 to RM 362.50, reflecting moderate variation in unit pricing. With an IQR of RM 111.00 and MAD of RM 39, 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.

Area Location

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RAINTREE PARK 1, Seberang Perai Selatan, Penang

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Transactions

12 properties found

Double Storey Semi-D JALAN RAINTREE 1
RM 790,000
2,153 sqft Aug 2024
RM 367.00 PSF
Double Storey Semi-D JALAN RAINTREE 2
RM 745,000
2,153 sqft Jul 2024
RM 346.00 PSF
Double Storey Semi-D JALAN RAINTREE 4
RM 850,000
2,153 sqft Mar 2024
RM 395.00 PSF
Double Storey Semi-D JLN RAINTREE 1
RM 684,000
2,153 sqft Nov 2023
RM 318.00 PSF
Double Storey Semi-D JALAN RAINTREE 3
RM 684,000
2,153 sqft Sep 2023
RM 318.00 PSF
Double Storey Semi-D JALAN RAINTREE 1
RM 640,000
2,153 sqft Aug 2022
RM 297.00 PSF
Double Storey Terraced JALAN RAINTREE 3
RM 611,000
2,153 sqft Jul 2022
RM 284.00 PSF
Double Storey Semi-D JLN RAINTREE 2
RM 618,000
2,153 sqft Jun 2022
RM 287.00 PSF
Double Storey Semi-D JLN RAINTREE 3
RM 640,000
2,153 sqft May 2022
RM 297.00 PSF
Double Storey Terraced JLN RAINTREE 3
RM 531,000
2,153 sqft May 2022
RM 247.00 PSF
Double Storey Terraced JALAN RAINTREE 3
RM 683,000
2,153 sqft Feb 2022
RM 317.00 PSF
Double Storey Semi-D JALAN RAINTREE 2
RM 600,000
2,153 sqft Dec 2021
RM 279.00 PSF