Area Intelligence

RAINTREE PARK2

8 properties
Double Storey Semi-D
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Median Price
RM 687,500
PSF: RM 300

Residential Market

Median Price

RM 687,500

IQR: RM 97
MAD: RM 55
RM 300 PSF 3.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

RAINTREE PARK2 in Seberang Perai Selatan, Penang recorded 8 Double Storey Semi-D properties subsale transactions between 2021 and 2025 for double storey semi-d properties, with a median price of RM 688K and a median price per square foot (PSF) of RM 300.

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 688K, with most transactions falling within a stable range of RM 650K to RM 736K, and a typical market range of RM 650K to RM 763K.

Within the Double Storey Semi-D category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 300, with most transactions between RM 273 and RM 327. The usual range is RM 251.50 to RM 348.50, showing that most units are priced quite close to each other. With an IQR of RM 97.00 and MAD of RM 27, 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 PARK2, Seberang Perai Selatan, Penang

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Transactions

8 properties grouped by size

2,150 sqft
4 units Double Storey Semi-D
RM 650,000
LORONG RAINTREE 9
2,153 sqft · RM 302.00 PSF
Jun 2024
RM 665,000
LORONG RAINTREE 10
2,164 sqft · RM 307.00 PSF
Apr 2023
RM 695,000
LORONG RAINTREE PARK 9
2,164 sqft · RM 321.00 PSF
Aug 2022
RM 674,000
LORONG RAINTREE 8
2,164 sqft · RM 312.00 PSF
May 2022
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