Raintree Park 1
6, Jalan Raintree 1, Villa Raintree 1, Raintree Park, 1, Villa Raintree 1, Bandar Tasek Mutiara, 14120 Simpang Ampat, Penang, Malaysia
6, Jalan Raintree 1, Villa Raintree 1, Raintree Park, 1, Villa Raintree 1, Bandar Tasek Mutiara, 14120 Simpang Ampat, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Raintree 1
|
RM 580,000
|
RM 359
|
1,615 sqft
|
|
|
|
Jalan Raintree 1
|
RM 614,000
|
RM 380
|
1,615 sqft
|
|
|
|
Jalan Raintree 1
|
RM 600,000
|
RM 372
|
1,615 sqft
|
|
|
|
Jalan Raintree 1
|
RM 498,000
|
RM 308
|
1,615 sqft
|
|
|
Level 1
|
RM 480,000
|
RM 255
|
1,884 sqft
|
|
|
Jalan Raintree 1
|
RM 770,000
|
RM 358
|
2,153 sqft
|
|
|
|
Jalan Raintree 3
|
RM 695,000
|
RM 323
|
2,153 sqft
|
|
|
|
Jalan Raintree 1
|
RM 790,000
|
RM 367
|
2,153 sqft
|
|
|
|
Jalan Raintree 2
|
RM 745,000
|
RM 346
|
2,153 sqft
|
|
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Market Snapshot
ResidentialRM 614,000
RM 358 psfMedian transaction price
6, Jalan Raintree 1, Villa Raintree 1, Raintree Park, 1, Villa Raintree 1, Bandar Tasek Mutiara, 14120 Simpang Ampat, Penang, Malaysia
MapsRaintree Park 1 in Seberang Perai Selatan, Penang recorded 9 subsale transactions between 2021 and 2026, with a median price of RM 614K and a median price per square foot (PSF) of RM 358.
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 614K, with most transactions falling within a stable range of RM 506K to RM 722K, and a typical market range of RM 556K to RM 672K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 358, with core pricing between RM 320 and RM 395. Market pricing typically extends from RM 303.06 to RM 412.31, reflecting moderate variation in unit pricing. With an IQR of RM 109.25 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.