Area Intelligence

RAINTREE PARK 1

26 properties
Double Storey Terraced
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Median Price
RM 520,000
PSF: RM 390

Residential Market

Median Price

RM 520,000

IQR: RM 111
MAD: RM 42
RM 390 PSF 1.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

RAINTREE PARK 1 in Seberang Perai Selatan, Penang recorded 26 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 520K and a median price per square foot (PSF) of RM 390.

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 520K, with most transactions falling within a stable range of RM 473K to RM 567K, and a typical market range of RM 466K to RM 574K.

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 RM 390, with core pricing between RM 340 and RM 440. Market pricing typically extends from RM 334.50 to RM 445.50, reflecting moderate variation in unit pricing. With an IQR of RM 111.00 and MAD of RM 50, 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.

Area Location

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RAINTREE PARK 1, Seberang Perai Selatan, Penang

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Transactions

26 properties grouped by size

1,300 sqft
22 units (showing 6) Double Storey Terraced
RM 498,000
JALAN RAINTREE 1
1,281 sqft · RM 389.00 PSF
Jul 2024
RM 590,000
JALAN RAINTREE 3
1,281 sqft · RM 461.00 PSF
Nov 2023
RM 540,000
JLN RAINTREE 3
1,281 sqft · RM 422.00 PSF
Oct 2023
RM 500,000
JALAN RAINTREE 2
1,281 sqft · RM 390.00 PSF
Sep 2023
RM 522,000
JALAN RAINTREE 1
1,281 sqft · RM 408.00 PSF
Aug 2023
RM 500,000
JLN RAINTREE 3
1,281 sqft · RM 390.00 PSF
Jun 2023
1,800 sqft
1 units Double Storey Terraced
RM 560,000
JALAN RAINTREE 3
1,808 sqft · RM 310.00 PSF
Jun 2022
2,150 sqft
3 units Double Storey Terraced
RM 611,000
JALAN RAINTREE 3
2,153 sqft · RM 284.00 PSF
Jul 2022
RM 531,000
JLN RAINTREE 3
2,153 sqft · RM 247.00 PSF
May 2022
RM 683,000
JALAN RAINTREE 3
2,153 sqft · RM 317.00 PSF
Feb 2022