RAINTREE PARK2
Residential Market
Median Price
RM 570,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
17 properties
Median Price
RM 565,000
+3.4% CAGR
Median PSF
RM 389.00
+10.0% CAGR
Town House
10 properties
Median Price
RM 435,000
+12.5% CAGR
Median PSF
RM 275.00
+11.3% CAGR
Double Storey Semi-D
8 properties
Median Price
RM 682,250
-5.9% CAGR
Median PSF
RM 297.25
+1.1% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Terraced | 17 |
RM 565,000
±17K MAD
|
+3.38% |
RM 389.00
±19 MAD
|
+10.03% | |
Town House | 10 |
RM 435,000
±16K MAD
|
+12.51% |
RM 275.00
±12 MAD
|
+11.33% | |
Double Storey Semi-D | 8 |
RM 682,250
±17K MAD
|
-5.88% |
RM 297.25
±12 MAD
|
+1.07% |
RAINTREE PARK2 in Seberang Perai Selatan, Penang recorded 10 subsale transactions in 2023, with a median price of RM 570K and a median price per square foot (PSF) of RM 332.
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 570K, with most transactions falling within a stable range of RM 476K to RM 664K, and a typical market range of RM 495K to RM 645K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 332, though individual units vary from RM 262 to RM 402 in the core range. The broader market spans RM 283.50 to RM 380.50, indicating diverse property characteristics. The spread of RM 97.00 (IQR) and deviation of RM 70 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
10 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JLN RAINTREE 6
|
RM 498,000
|
RM 376.00
|
1,324 sqft
|
Dec 2023
|
|
JALAN RAINTREE 7
|
RM 530,000
|
RM 400.00
|
1,324 sqft
|
Nov 2023
|
|
JALAN RAINTREE 5
|
RM 565,000
|
RM 427.00
|
1,324 sqft
|
Aug 2023
|
|
JLN RAINTREE 6
|
RM 575,000
|
RM 434.00
|
1,324 sqft
|
Aug 2023
|
RM 450,000
|
RM 292.00
|
1,542 sqft
|
Mar 2023
|
RM 420,000
|
RM 258.00
|
1,629 sqft
|
Dec 2023
|
JALAN RAINTREE 7
|
RM 650,000
|
RM 357.00
|
1,819 sqft
|
Jun 2023
|
LORONG RAINTREE 10
|
RM 665,000
|
RM 307.00
|
2,164 sqft
|
Apr 2023
|
LORONG RAINTREE 8
|
RM 700,000
|
RM 248.00
|
2,820 sqft
|
Jul 2023
|
|
LORONG RAINTREE 10
|
RM 680,000
|
RM 242.00
|
2,809 sqft
|
Feb 2023
|