RAINTREE PARK 1

RAINTREE PARK 1 in Seberang Perai Selatan, Penang recorded 22 subsale transactions between 2021 and 2025, with a median price of RM 513K and a median price per square foot (PSF) of RM 401.

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 513K, with most transactions falling within a stable range of RM 479K to RM 546K, and a typical market range of RM 459K to RM 566K.

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

For price per square foot, the median is RM 401, with most transactions between RM 374 and RM 427. The usual range is RM 345.00 to RM 456.00, showing that most units are priced quite close to each other. With an IQR of RM 111.00 and MAD of RM 26, 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.