RAINTREE PARK2

RAINTREE PARK2 in Seberang Perai Selatan, Penang recorded 17 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 565K and a median price per square foot (PSF) of RM 395.

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 565K, with most transactions falling within a stable range of RM 500K to RM 630K, and a typical market range of RM 490K to RM 640K.

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

The median PSF stands at RM 395, with core pricing between RM 334 and RM 456. Market pricing typically extends from RM 346.50 to RM 443.50, reflecting moderate variation in unit pricing. The spread of RM 97.00 (IQR) and deviation of RM 61 (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. Limited transaction history suggests carefully evaluating comparable sales data.