RAINTREE PARK2

RAINTREE PARK2 in Seberang Perai Selatan, Penang recorded 10 Town House properties subsale transactions between 2021 and 2025 for town house properties, with a median price of RM 473K and a median price per square foot (PSF) of RM 298.

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 473K, with most transactions falling within a stable range of RM 419K to RM 526K, and a typical market range of RM 398K to RM 539K.

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

The median PSF stands at RM 298, with core pricing between RM 261 and RM 335. Market pricing typically extends from RM 249.50 to RM 346.50, reflecting moderate variation in unit pricing. With an IQR of RM 97.00 and MAD of RM 37, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.