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

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Transactions

35 properties found

Double Storey Terraced JALAN RAINTREE 7
RM 650,000
1,324 sqft Jan 2025
RM 491.00 PSF
Town House
RM 539,000
1,629 sqft Sep 2024
RM 331.00 PSF
Town House
RM 539,000
1,629 sqft Aug 2024
RM 331.00 PSF
Double Storey Terraced JALAN RAINTREE 6
RM 490,000
1,324 sqft Aug 2024
RM 370.00 PSF
Double Storey Terraced JALAN RAINTREE 6
RM 585,000
1,808 sqft Jul 2024
RM 324.00 PSF
Double Storey Semi-D LORONG RAINTREE 9
RM 650,000
2,153 sqft Jun 2024
RM 302.00 PSF
Town House
RM 523,000
1,629 sqft May 2024
RM 321.00 PSF
Double Storey Terraced JALAN RAINTREE 7
RM 523,000
1,324 sqft May 2024
RM 395.00 PSF
Town House
RM 500,000
1,629 sqft Jan 2024
RM 307.00 PSF
Town House
RM 420,000
1,629 sqft Dec 2023
RM 258.00 PSF
Double Storey Terraced JLN RAINTREE 6
RM 498,000
1,324 sqft Dec 2023
RM 376.00 PSF
Double Storey Terraced JALAN RAINTREE 7
RM 530,000
1,324 sqft Nov 2023
RM 400.00 PSF
Double Storey Terraced JALAN RAINTREE 5
RM 565,000
1,324 sqft Aug 2023
RM 427.00 PSF
Double Storey Terraced JLN RAINTREE 6
RM 575,000
1,324 sqft Aug 2023
RM 434.00 PSF
Double Storey Semi-D LORONG RAINTREE 8
RM 700,000
2,820 sqft Jul 2023
RM 248.00 PSF
Double Storey Terraced JALAN RAINTREE 7
RM 650,000
1,819 sqft Jun 2023
RM 357.00 PSF
Double Storey Semi-D LORONG RAINTREE 10
RM 665,000
2,164 sqft Apr 2023
RM 307.00 PSF
Town House
RM 450,000
1,542 sqft Mar 2023
RM 292.00 PSF
Double Storey Semi-D LORONG RAINTREE 10
RM 680,000
2,809 sqft Feb 2023
RM 242.00 PSF
Town House
RM 439,000
1,629 sqft Dec 2022
RM 269.00 PSF
Town House
RM 396,000
1,542 sqft Oct 2022
RM 257.00 PSF
Double Storey Terraced JALAN RAINTREE PARK 6
RM 566,000
1,335 sqft Sep 2022
RM 424.00 PSF
Double Storey Terraced JLN RAINTREE 6
RM 530,000
1,324 sqft Sep 2022
RM 400.00 PSF
Double Storey Semi-D LORONG RAINTREE PARK 9
RM 695,000
2,164 sqft Aug 2022
RM 321.00 PSF
Town House
RM 495,000
1,629 sqft Aug 2022
RM 304.00 PSF
Double Storey Terraced JALAN RAINTREE PARK 6
RM 530,000
1,324 sqft Jun 2022
RM 400.00 PSF
Double Storey Terraced JALAN RAINTREE 7
RM 740,000
2,906 sqft Jun 2022
RM 255.00 PSF
Double Storey Terraced JALAN RAINTREE 6
RM 500,000
1,324 sqft May 2022
RM 378.00 PSF
Double Storey Semi-D LORONG RAINTREE 8
RM 674,000
2,164 sqft May 2022
RM 312.00 PSF
Double Storey Terraced RAINTREE PARK II
RM 635,000
2,174 sqft Jan 2022
RM 292.00 PSF
Town House
RM 400,000
1,884 sqft Jan 2022
RM 212.00 PSF
Double Storey Semi-D LORONG RAINTREE 7
RM 809,000
2,820 sqft Dec 2021
RM 287.00 PSF
Double Storey Semi-D JLN RAINTREE 9
RM 750,000
2,519 sqft Nov 2021
RM 298.00 PSF
Double Storey Terraced JLN RAINTREE 6
RM 598,000
2,282 sqft Oct 2021
RM 262.00 PSF
Double Storey Terraced JLN RAINTREE 6
RM 540,000
1,324 sqft Oct 2021
RM 408.00 PSF