Penang
Seberang Perai Selatan
15
RAINTREE PARK 1

RAINTREE PARK 1

Area Intelligence

Median Price

RM 517,000

PSF: RM 404

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Residential PSF Trends

Median Price

RM 517,000

PSF: RM 404

RAINTREE PARK 1 in Seberang Perai Selatan, Penang recorded 23 subsale transactions between 2021 and 2025, with a median price of RM 517K and a median price per square foot (PSF) of RM 404.

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 517K, with most transactions falling within a stable range of RM 480K to RM 554K, and a typical market range of RM 461K to RM 574K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 404, with most transactions between RM 375 and RM 433. The usual range is RM 348.00 to RM 460.00, showing that most units are priced quite close to each other. With an IQR of RM 112.00 and MAD of RM 29, 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. Moderate transaction volume may require patience when buying or selling.

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RAINTREE PARK 1, Seberang Perai Selatan, Penang

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Transactions

23 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

1,300 sqft

Double Storey Terraced

1,300 sqft

Double Storey Terraced

RM 600,000

JALAN RAINTREE 1

1,281 sqft · RM 468 PSF

May 2025

RM 498,000

JALAN RAINTREE 1

1,281 sqft · RM 389 PSF

Jul 2024

RM 590,000

JALAN RAINTREE 3

1,281 sqft · RM 461 PSF

Nov 2023

RM 540,000

JALAN RAINTREE 3

1,281 sqft · RM 422 PSF

Oct 2023

RM 500,000

JALAN RAINTREE 2

1,281 sqft · RM 390 PSF

Sep 2023

RM 522,000

JALAN RAINTREE 1

1,281 sqft · RM 408 PSF

Aug 2023

JALAN RAINTREE 1	RM 600,000	RM 468	1,281 sqft	May 2025
JALAN RAINTREE 1	RM 498,000	RM 389	1,281 sqft	Jul 2024
JALAN RAINTREE 3	RM 590,000	RM 461	1,281 sqft	Nov 2023
JALAN RAINTREE 3	RM 540,000	RM 422	1,281 sqft	Oct 2023
JALAN RAINTREE 2	RM 500,000	RM 390	1,281 sqft	Sep 2023
JALAN RAINTREE 1	RM 522,000	RM 408	1,281 sqft	Aug 2023