Area Intelligence

RAINTREE PARK 1

7 properties
Town House
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Median Price
RM 440,000
PSF: RM 231

Residential Market

Median Price

RM 440,000

IQR: RM 111
MAD: RM 42
RM 231 PSF 1.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

RAINTREE PARK 1 in Seberang Perai Selatan, Penang recorded 7 Town House properties subsale transactions between 2021 and 2025 for town house properties, with a median price of RM 440K and a median price per square foot (PSF) of RM 231.

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 440K, with most transactions falling within a stable range of RM 393K to RM 487K, and a typical market range of RM 386K to RM 494K.

Within the Town House category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 231, with core pricing between RM 200 and RM 262. Market pricing typically extends from RM 175.50 to RM 286.50, reflecting moderate variation in unit pricing. With an IQR of RM 111.00 and MAD of RM 31, 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

7 properties grouped by size

1,550 sqft
1 units Town House
RM 450,000
1,542 sqft · RM 292.00 PSF
Nov 2022
1,800 sqft
1 units Town House
RM 393,000
1,798 sqft · RM 219.00 PSF
Jun 2022
1,900 sqft
5 units Town House
RM 480,000
1,884 sqft · RM 255.00 PSF
Jan 2025
RM 430,000
1,884 sqft · RM 228.00 PSF
Feb 2024
RM 520,000
1,884 sqft · RM 276.00 PSF
Nov 2023
RM 368,000
1,884 sqft · RM 195.00 PSF
Aug 2022
RM 440,000
1,905 sqft · RM 231.00 PSF
Apr 2022