Area Intelligence

RAINTREE PARK2

35 properties
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Median Price
RM 540,000
PSF: RM 321

Residential Market

Median Price

RM 540,000

IQR: RM 97
MAD: RM 55
RM 321 PSF 3.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

RAINTREE PARK2 in Seberang Perai Selatan, Penang recorded 35 subsale transactions between 2021 and 2025, with a median price of RM 540K and a median price per square foot (PSF) of RM 321.

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 540K, with most transactions falling within a stable range of RM 482K to RM 598K, and a typical market range of RM 465K to RM 615K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 321, with core pricing between RM 266 and RM 376. Market pricing typically extends from RM 272.50 to RM 369.50, reflecting moderate variation in unit pricing. The spread of RM 97.00 (IQR) and deviation of RM 55 (MAD) suggest moderate price variations reflecting different property features.

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 PARK2, Seberang Perai Selatan, Penang

OSM

Filter by type, year, price, and size

Transactions

35 properties grouped by size

1,300 sqft
11 units (showing 6) Double Storey Terraced
RM 650,000
JALAN RAINTREE 7
1,324 sqft · RM 491.00 PSF
Jan 2025
RM 490,000
JALAN RAINTREE 6
1,324 sqft · RM 370.00 PSF
Aug 2024
RM 523,000
JALAN RAINTREE 7
1,324 sqft · RM 395.00 PSF
May 2024
RM 498,000
JLN RAINTREE 6
1,324 sqft · RM 376.00 PSF
Dec 2023
RM 530,000
JALAN RAINTREE 7
1,324 sqft · RM 400.00 PSF
Nov 2023
RM 565,000
JALAN RAINTREE 5
1,324 sqft · RM 427.00 PSF
Aug 2023
1,350 sqft
1 units Double Storey Terraced
RM 566,000
JALAN RAINTREE PARK 6
1,335 sqft · RM 424.00 PSF
Sep 2022
1,550 sqft
2 units Town House
RM 450,000
1,542 sqft · RM 292.00 PSF
Mar 2023
RM 396,000
1,542 sqft · RM 257.00 PSF
Oct 2022
1,650 sqft
7 units Town House
RM 539,000
1,629 sqft · RM 331.00 PSF
Sep 2024
RM 539,000
1,629 sqft · RM 331.00 PSF
Aug 2024
RM 523,000
1,629 sqft · RM 321.00 PSF
May 2024
RM 500,000
1,629 sqft · RM 307.00 PSF
Jan 2024
RM 420,000
1,629 sqft · RM 258.00 PSF
Dec 2023
RM 439,000
1,629 sqft · RM 269.00 PSF
Dec 2022
RM 495,000
1,629 sqft · RM 304.00 PSF
Aug 2022
1,800 sqft
2 units Double Storey Terraced
RM 585,000
JALAN RAINTREE 6
1,808 sqft · RM 324.00 PSF
Jul 2024
RM 650,000
JALAN RAINTREE 7
1,819 sqft · RM 357.00 PSF
Jun 2023
1,900 sqft
1 units Town House
RM 400,000
1,884 sqft · RM 212.00 PSF
Jan 2022
2,150 sqft
5 units
RM 650,000
Double Storey Semi-D LORONG RAINTREE 9
2,153 sqft · RM 302.00 PSF
Jun 2024
RM 665,000
Double Storey Semi-D LORONG RAINTREE 10
2,164 sqft · RM 307.00 PSF
Apr 2023
RM 695,000
Double Storey Semi-D LORONG RAINTREE PARK 9
2,164 sqft · RM 321.00 PSF
Aug 2022
RM 674,000
Double Storey Semi-D LORONG RAINTREE 8
2,164 sqft · RM 312.00 PSF
May 2022
RM 635,000
Double Storey Terraced RAINTREE PARK II
2,174 sqft · RM 292.00 PSF
Jan 2022
2,300 sqft
1 units Double Storey Terraced
RM 598,000
JLN RAINTREE 6
2,282 sqft · RM 262.00 PSF
Oct 2021
2,500 sqft
1 units Double Storey Semi-D
RM 750,000
JLN RAINTREE 9
2,519 sqft · RM 298.00 PSF
Nov 2021
2,800 sqft
3 units Double Storey Semi-D
RM 700,000
LORONG RAINTREE 8
2,820 sqft · RM 248.00 PSF
Jul 2023
RM 680,000
LORONG RAINTREE 10
2,809 sqft · RM 242.00 PSF
Feb 2023
RM 809,000
LORONG RAINTREE 7
2,820 sqft · RM 287.00 PSF
Dec 2021
2,900 sqft
1 units Double Storey Terraced
RM 740,000
JALAN RAINTREE 7
2,906 sqft · RM 255.00 PSF
Jun 2022